private labels of foodword and its performance

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    Project title:

    Private Labels of Foodworld and their

    performance

    Submitted to the faculty of Retail Management

    PGDM Batch 2010-12

    Submitted To Submitted By

    Prof. Anitha Dil Bahadur Yadav

    Sem- III

    Reg. No.6185

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    Pr iva te labe ls o f Foodw or ld and the i r per formancea) Introduction

    This research is based on primary & secondary data. We have collected data byinterviewing the customers visiting Foodworld and by asking the questions to the

    store manager of the supermarket. This survey is focused on preference for private

    labels of Foodworld in various product categories. It highlights the private labels

    strategies of Indian retailers and brings out its implication on FMCG companies. It

    also provides information on the steps FMCG companies can adopt to differentiate

    their product offerings from private labels.

    As we know that the trend of private labeling in India is growing rapidly due to

    growth of organised retailers. Consumer attitudes and shopping behavior is

    changing in India. Private labels constitute less than 5 per cent of the total Indian

    retail market.

    i) Objectives:Objective of this research is to find out the private labels of Foodworld and

    their performance.

    1. To identify the performance of in store brands.2. To determine the performance of sales persons in the store.3. To understand the availability of private labels in the store.4. To understand the customer perception about these brands.

    ii)Scope1) - Changing consumer attitudes and shopping behavior in India with the

    launch of private label FMCG brands

    2) - Insightful analysis into consumer's attitudes, beliefs and motivationsbehind private label versus famous brand purchases

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    3) - Focus areas for FMCG companies in terms of product development andpositioning to avoid competition from private labels

    i) LimitationsThis study was done in Foodworld located in Vikrampuri area of Hyderabad for

    educational purpose, may be there can be misrepresentation of data due to lack of

    time. Study is based on the secondary data, views of the different analysts, articles

    published in business journals & websites. So we cant expect same trend

    everywhere for long run.

    ii) RESEARCH METHODOLOGY

    Type of researchDescriptive

    Type of dataPrimary data

    Data collection methodData is collected through structured questionnaire.

    SamplingConvenient sampling

    Sample size10

    Data analysis techniqueQuantitative

    Data analysis toolBar charts, pie charts.

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    b)Company profile

    History:-

    Foodworld Supermarkets Ltd chain of stores in India now operates over 60

    supermarket stores across Bangalore and Hyderabad and plans to expand its

    footprint upto about 200 Foodworld stores in the country in different formats such

    as hyper markets, super markets, express stores and concept sales by 2011.

    Food world is a part of the Dairy Farm International (DFI) Group, a leading pan-

    Asian retailer, with over 5300 outlets and employing over 80,000 people and has

    total annual sales exceeding US$9 billion.

    Products:-

    1. Rice

    FOODWORLD BASMATI RICE 1KG

    Rs.60.00

    FOODWORLD

    DOSA RICE 1KG

    Rs.29.00

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    2. BOILED RICE

    FOODWORLD IDLY RICE 1KG

    Rs.30.00

    FOODWORLD IDLY RICE 2KG

    Rs.59.00

    FOODWORLD

    IDLY RICE

    5KG

    Rs.148.00

    3. VEG FROZEN PRODUCTS

    ALKABEER GREEN PEAS 500GMS

    Rs.75.00ALKABEER GREEN PEAS 200GMS

    Rs.32.00

    4. Atta

    FOODWORLD CHAKKI

    FRESH ATTA 1KG

    Rs.26.00

    FOODWORLD CHAKKI

    FRESH ATTA 5KG

    Rs.125.00

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    5. AVAL/PUFFED RICE

    FOODWORLD AVALAKKI

    THICK 1KG

    Rs.33.00

    FOODWORLD AVALAKKI

    THICK 500GMS

    Rs.17.00

    FOODWORLD

    AVALAKKI

    THIN

    200GMS

    Rs.9.00

    6. JAGGERY

    FOODWORLD JAGGERY ROUND 1KG

    Rs.53.00

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    FOODWORLD

    SUGAR 1KG

    Rs.35.00

    FOODWORLD

    SUGAR 2KG

    Rs.69.00

    7. OTHER DALS

    FOODWORLD FRIED

    GRAM 500GMS

    Rs.33.00

    FOODWORLD

    GREEN MOONG

    WHOLE 1KG

    Rs.92.00

    FOODWORLD

    RAJMA RED 500GMS

    Rs.35.00

    FOODWORLD BROWN CHANNA

    SMALL 200GMS

    Rs.12.00

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    FOODWORLDBROWN

    CHANNA SMALL

    500GMS

    Rs.28.00

    FOODWORLD

    CHANA BROWN

    MEDIUM 500 GMS

    Rs.26.00

    FOODWORLD CHANA DAL 1 KG

    Rs.52.00

    FOODWORLD

    CHANA DAL 500 GMS

    Rs.27.00

    FOODWORLD

    CHANNA BROWN

    MEDIUM 1KG

    Rs.50.00

    FOODWORLD FRIED GRAM 200GMS

    Rs.14.00

    FOODWORLD FRIED

    GRAM WHOLE 500

    GMS

    FOODWORLD

    GREEN MOONG

    WHOLE 500GMS

    FOODWORLD GREEN MOONG DAL

    SPLIT 200GMS

    Rs.25.00

    http://foodworld.esmartshop.in/content/foodworld-fried-gram-200gmshttp://foodworld.esmartshop.in/content/foodworld-channa-brown-medium-1kghttp://foodworld.esmartshop.in/content/foodworld-chana-dal-500-gms
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    Rs.37.00 Rs.47.00

    FOODWORLD HORSE

    GRAM 200GMS

    Rs.8.00

    FOODWORLD

    HORSE GRAM

    500GMS

    Rs.15.00

    FOODWORLD KABULI CHANNA

    1KG

    Rs.98.00

    RLD URAD

    WHOLE 1KG

    Rs.89.00

    FOODWORLD URAD SPLIT

    200GMS

    Rs.21.00

    FOODWORLD

    URAD DAL

    SPLIT

    500GMS

    Rs.50.00

    8. MAIDA

    FOODWORLD MAIDA 1K

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    9. FLOURS

    ATTA INSTANT MIXES

    MAIDA OTHER FLOURS RAVA/SOOJI

    10. CEREALS

    BARLEY/SAGO OTHER CEREALS WHEAT

    11. EGGS

    PACKED EGGS

    12. DRY FRUITS

    FOODWORLD

    BADAM

    100GMS

    Rs.67.00

    FOODWORLD

    CASHEW NUT WHOLE

    100GMS

    Rs.85.00

    FOODWORLD KISMIS

    TYPE II 100GMS

    Rs.34.00

    http://foodworld.esmartshop.in/content/foodworld-kismis-type-ii-100gms
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    FOODWORLD BADAM 250GMS

    Rs.155.00

    FOODWORLDCASHENUT

    SPLIT 100GMS

    Rs.77.00

    FOODWORLD

    CASHEW

    250GMS

    Rs.189.00

    FOODWORLDCASHEW

    NUT BROKEN 100GMS

    Rs.70.00

    FOODWORLD CASHEW

    NUT WHOLE 200GMS

    Rs.165.00

    FOODWORLD

    DATES DRY

    100GMS

    Rs.18.00

    FOODWORLD

    DRYFRUIT

    COMBIPACK 3 IN 1

    Rs.105.00

    FOODWORLD FIG

    100GMS

    Rs.65.00

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    13. SWEETENERS

    JAGGERY SALT SUGAR

    14. Foodworld BLACK SOCKS PACK OF 2S

    Services

    HOME DELIVERY GIFT COUPONS

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    Locations, Store:-

    60 stores as on date in Bangalore, Hyderabad. Plans for expansion in a big way aligning with our strategic objectives. Target to have 200 Foodworld stores across the country in different formats.

    Foodworld Retail Outlets

    BANGALORE HYDERABAD

    PLACE NAME PHONE NO PLACE NAME PHONE NO

    Puttenahalli 32466607 A.S.Rao Nagar 040-32530207

    Gottigere 32466595 Nallkunta 040-32530205

    Digital 32466411/290 Barkathpura 040-32530202

    Wipro 32466529 P G Road 040-32530213

    Infosys 32466428 West Marredpally 040-32530215

    Mandya 08232-327320 Mehdipatnam I 040-32530204

    Jay 3rd blk 32466443 Mehdipatnam II 040-32530212

    Coxtown 32466569 Shanthi Nagar 040-32530206

    Cunnigam road 32466369 Karkhana 040-32530217

    B.T.M.Layout 32466338 Jubli Hills Road No: 36 040-32530209

    Langford Town 32466494 Vikrampuri 040-32530214

    B.club 32466813 Ameerpet 040-32530201

    Chamarajpet 32466557 Nizampet 040-32530218

    Mysore 8213264100 Kukatpally 040-32530203

    Gandhi bazar 32466802 Begumpet 040-32530208

    J.P.Nagar 32466458 I T P L 040-32530219

    Banasanksri 32466324 Accenture 040-32530220

    Jayanagar 7th Block 26534695/4 Mothinagar 040 - 40201731

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    Bannergatta road 32466544

    MG road 32466586

    R.T.Nagar 32466521

    Kormangala 7th 32466670

    Malleswaram 32466496 / 32466516

    Sanjay nagar 32466382

    Sadashiv nagar 32466519

    kormangal 1st blk 32466470

    Kammanahalli 32466459

    Yelhanka 28096134

    Chandra layout 32466543

    Vijay nagar 32466528

    Rajaji nagar 32466507

    R T Nagar 32466507

    Rajaji Nagar 32466507

    R.R.Nagar 32466510

    Vidyaranyapura 32466524

    Banaswadi 25450400

    Vijay nagar New 32466402

    RMZ 32466592

    HP campus 32466575

    Sarjapur Accenture 32448831

    Accenture whitefield 32466795

    Indira nagar 100ft 41159268

    Cambridge layout 32466375

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    FoodWorld SuperMarket Store

    Foodworld Supermaket store is the existing format store with 3000-5000 sq ft size.

    We would reinforce brand fundametntals, through back into store upgrade

    program, improving the Fresh offers, re-focusing store operating standard and

    innovative marketing program.

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    Fig-2 Dil Bahadur Yadav in Foodworld supermarket, Vikrampuri

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    Corporate Structure:-

    India Foodworld Supermarket

    Mr.Henry Neilson CEO

    Mr.Venkatesh.P Chief Operation Officer

    Mr.Ramakrishnan.N Chief Financial Office

    Mr.Vachali HR Director

    Mr.Venkata Subbaiah Head of Legal

    Mr.Ajith Kumar Senior IT Director

    Board of Directors

    C.E.O - P.Venkatesh

    Mr. P. Venkatesh joined Dairy Farm in September 2005 as the business Head for

    Health & Glow. He has 15 years of rich experience behind him, after having

    completed his MBA from the faculty of Management Studies, Delhi University. He

    joined Titan as a Management trainee in 1992 and quickly rose to the position of

    Regional Manager in 1998 after also having spent a two year stint in UAE. Before

    joining us, he worked with M/s. Frito Lay as General Manager, M/s.Tulleeho Porta

    as their COO and Marico Industries as their Business Development Manager for

    the Kaya Skin Clinic brand of Beauty Stores.

    C.O.O - Mr. Rex Nigel bird

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    c)Industry profile:The Indian Retail sector has caught the worlds imagination in the last few years.

    Topping the list of most attractive retail destination list for three years in a row, it

    had retail giants like Wal-Mart, Carrefour and Tesco sizing up potential partners

    entering.

    Indias retail growth is largely driven by increasing disposable incomes, Favorable

    demographics, changing lifestyles, growth of the middle class segment and a high

    potential for penetration into urban and rural markets.

    However, with the onset of the global financial crisis, Indian retailers have been

    suffering from the effects of rapid credit squeeze, high operating costs and low

    customer confidence.

    What can we expect in the coming years?

    Figure 1: Private label matrix Position of India vis--vis UK

    Key expected trends in the Indian private label market: Mapping against the UK

    The retail industry in India is still nascent, as compared to matured markets such as

    the United Kingdom. The retail market in India is currently estimated to be close toUSD 200 billion. This is expected to grow at more than 40 per cent per annum

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    during 2007-09. Unlike the United Kingdom, the Indian retail industry is highly

    fragmented. Organised retail constitutes a meager 3 per cent (USD 6.4 billion) of

    the retail market in India. Its share is estimated to reach 9 per cent, or USD 23

    billion, by 2010. As indicated by these figures, organised retail would still be a

    marginal component of the total market in the near future.

    Figure 2: Private label maturity curve

    Private labels or store brands have been found to trigger customer loyalty. The

    basic objective behind introducing private labels is to offer quality products at

    lower prices compared to the national brands.

    India is considered one among the top five emerging retail destinations in Asia and

    11th promising retail destination globally. This is largely due to the expansion

    strategies adopted by business groups like the Future Group, the Tatas, the

    Goenkas and the Rahejas. The ever increasing retail clutter has forced retailers to

    differentiate themselvesintroducing private labels has been one such

    differentiation strategy.

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    Retailers basically go for imitating national brands in terms of quality and

    packaging. Although there are instances where store brands are successfully

    introduced, there are several challenges involved as far as introducing and

    sustaining store brands are concerned. Worldwide experience shows that as

    retailers become more powerful, they have increasingly focused on their own

    brands at the expense of manufacturer brands. Another factor driving retailers

    towards foraying into store brands is the current economic slowdown, globally.

    Companies are also stepping up the introduction of private labels as margin on the

    products can be as high as 30 per cent compared with 10 per cent on branded

    products. The slowdown is also forcing consumer preference towards cheaper

    products, a trend also known as down-trading, which in turn is also helping boost

    sales of private labels.

    Taking on the might of MNCs with its private brands, the Future Group, Indias top

    retailer, is now poised to pit itself in a big way against the manufacturers like HUL,

    Bombay Dyeing and Samsung in categories ranging from FMCG to apparels to

    consumer durables. Some of the Groups top private labels include John Miller,

    Indigo Nation, DJ&C in apparel, Tasty Treat, Care Mate, Fresh n Pure in FMCG

    and Koryo and Sensei in consumer durables. Rival Reliance Retail is entering the

    store brand segment in a major way. Interestingly, Reliance Retail derives around

    80% business in the large format stores from private labels, particularly in the

    garments business. While its private labels in the commodity foods segment are

    Reliance Value and Reliance Select, it is launching, in a phased manner, private

    labels in the nonfood FMCG category. It has launched floor cleaning products

    under the Expelz label and Sudz washing powder recently.

    Others like More of AV Birla Group and Westside of Tatas too are stepping up

    their presence in this arena. However, retailers face slew of challenges. First and

    foremost, there is a lack of supply chain sophistication among Indian retailers.

    Most retailers still exchange information manually with suppliers. Indian retailers

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    are yet to implement bar-coding techniques properly, let alone sophisticated

    technologies such as radio frequency identification (RFID). There is also a lack of

    integrated IT systems, coupled with low overall IT spending.

    As is evident, Indian retailers have a long way to go before they can be compared

    with international retailers such as Tesco and Wal-Mart, in terms of technology and

    supply chain sophistication. Further, while it is widely acknowledged that the real'

    potential in Indian retail lies in rural areas, the rural retail scenario continues to be

    unorganized and highly fragmented. While FMCG manufacturers such as

    Hindustan Unilever and ITC continue their efforts to solve the rural retail jigsaw'

    through projects such as Shakthi and e-Choupal, major retailers have tended to stay

    away from the rural scene.

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    d)REVIEW OF LITERATUREUmbrella Brand

    An umbrella brand is an overarching brand used across multiple related products.

    Umbrella branding is also known as family branding. It contrasts with individual

    product branding, in which each product in a portfolio is given a unique brand

    name and identity.

    There are often economies of scope associated with umbrella branding since

    multiple products can be efficiently promoted with a single advertisement or

    campaign. Umbrella branding facilitates new product introductions by providing a

    familiar brand name, which can lead to trial purchase, product acceptance, or other

    advantages.

    Umbrella branding may impose on the brand owner a greater burden to maintain

    consistent quality. If the quality of one product in the brand family is compromised,

    it could impact on the reputation of all the others. For this reason umbrella

    branding is generally limited to product lines that consist of products of similar

    quality.

    A good example is AMUL - Amul Butter, Amul Cheese, Amul Milk, Amul

    Icecream, Amul Chocolates etc

    Store brands are a line of products sold by a retailer under a single marketing

    identity. They bear a similarity to the concept ofHouse brands, Private labelbrands (PLBs) in the United States, own brands in the UK, and home

    brands in Australia and generic brands. But they are distinct in that a store brand

    is managed solely by the retailer for sale in only a specific chain of store.

    The retailer will design the manufacturing, packaging and marketing of the goods

    in order to build on the relationship between the products and the store's customer

    base. Store-brand goods are generally cheaper than national-brand goods because

    the retailer can optimize the production to suit consumer demand and

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    reduce advertising costs. Goods sold under a store brand are subject to the same

    regulatory oversight as goods sold under a national brand.

    Certain brands of products that are only available at a particular store, usually

    a chain store, are called store brands. Store brand products are often available for a

    discounted price, and are popular with those trying to keep their spending to a

    minimum. In some stores, they can even make up 40 to 50 percent of the total

    sales, and may be 15 to 50 percent cheaper than the national name brand products.

    Store brands are usually similar in quality to the name brand products, although

    some food products may be of a slightly lesser quality. Paper and personal products

    usually perform just as well, if not better, than name brand items. The packaging

    for store brand items is usually very close in resemblance to name brand

    merchandise, with the same colors often used for both products. Stores will often

    put their store brand on the shelves right next to the comparable name brand

    product, encouraging shoppers to quickly and easily compare the prices and

    ingredients of the two items.

    Individual Branding:

    Individual branding, also called individual product branding or multi

    branding, is the marketing strategy of giving each product in a portfolio its own

    unique brand name. This contrasts with family branding, corporate branding,

    and umbrella branding in which the products in a product line are given a singleoverarching brand name. The advantage of individual branding is that each product

    has an image and identity that is unique. This facilitates the positioning of each

    product, by allowing a firm to position its brands differently.

    Examples of individual product branding include Procter & Gamble, which

    markets multiple brands such as Pampers, and Unilever, which markets individual

    brands such as Dove.

    http://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Product_portfoliohttp://en.wikipedia.org/wiki/Brand_namehttp://en.wikipedia.org/wiki/Family_brandinghttp://en.wikipedia.org/wiki/Corporate_brandinghttp://en.wikipedia.org/wiki/Product_linehttp://en.wikipedia.org/wiki/Positioning_(marketing)http://en.wikipedia.org/wiki/Procter_%26_Gamblehttp://en.wikipedia.org/wiki/Pampershttp://en.wikipedia.org/wiki/Unileverhttp://en.wikipedia.org/wiki/Dove_(brand)http://en.wikipedia.org/wiki/Dove_(brand)http://en.wikipedia.org/wiki/Unileverhttp://en.wikipedia.org/wiki/Pampershttp://en.wikipedia.org/wiki/Procter_%26_Gamblehttp://en.wikipedia.org/wiki/Positioning_(marketing)http://en.wikipedia.org/wiki/Product_linehttp://en.wikipedia.org/wiki/Corporate_brandinghttp://en.wikipedia.org/wiki/Family_brandinghttp://en.wikipedia.org/wiki/Brand_namehttp://en.wikipedia.org/wiki/Product_portfoliohttp://en.wikipedia.org/wiki/Product_(business)
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    e)ANALYSIS AND INTERPRETATION

    Q1. In a month how many times you visit Foodworld?

    a) Once 7%

    b) Twice 23%

    c) Thrice 8%

    d) More than thrice 25%

    e) As per requirement 37%

    INTERPRETATION:

    Out of 25 respondent, 37% people visit the store when they have some requirement and 25% are

    visited more than thrice, 23% visited two times in month and 7% & 8% people visited one and

    three times in a month respectively. Most of them regularly visit Foodworld.

    Maximum number of people visited store frequently.

    Once

    7%

    Twice

    23%

    Thrice

    8%

    More than thrice

    25%

    As per requirement

    37%

    Chart Title

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    Q3. In store Brands and private labels availability in Foodworld is!

    a) outstanding 3%

    b) Excellent 28%

    c) Good 44%

    d) Average 22%

    e) Bad 3%

    INTERPRETATION:

    Out of 25 respondents,over all 44% customer are satisfied by the availability of in store brandand products in Foodworld, 22% customer product availability is average rest said it is bad.

    Some people think there is no good brands and products availability in Foodworld.

    outstanding

    3% Excellent28%

    Good

    44%

    Average

    22%

    Bad

    3%

    Chart Title

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    Q4. Discounts and offers served on private labels of Foodworld are!

    a) outstanding 7%

    b) Excellent 32%

    c) Good 36%

    d) Average 23%

    e) Bad 2%

    INTERPRETATION:

    Out of 25 respondents,Discounts and offers served in isgood said by 36% customers, 32% feel

    it is excellent and only 7% feel outstanding. But 25% customers are not satisfied by Discounts

    and offers served in thebig bazaar.

    Maximum Customers are satisfied by Discounts and offers served in theFoodworld.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    outstanding Excellent Good Average Bad

    7%

    32%

    36%

    23%

    2%

    Series1

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    Q5. Home delivery services of Foodworld are!

    a) outstanding 7%

    b) Excellent 19%

    c) Good 38%

    d) Average 28%

    e) Bad 8%

    INTERPRETATION:

    Out of 25 respondents, Maximum number of respondent i.e. 64% is satisfied by Home delivery

    services of Foodworld 36% is not satisfied.

    Some customer never used this facility.

    7%

    19%

    38%

    28%

    8%

    Chart Title

    outstanding Excellent Good Average Bad

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    Q6. Location of Foodworld in your city is!

    a) outstanding 29%

    b) Excellent 32%

    c) Good 22%

    d) Average 13%

    e) Bad 4%

    INTERPRETATION:

    Out of 25 respondents, 61% is highly satisfied with location of Foodworld in city, 22% is

    satisfied and only 17% is not satisfied.

    Location of Foodworld is outstanding. It is situated central business district (CBD).

    29%

    32%

    22%

    13%

    4%

    0

    5

    10

    15

    20

    25

    30

    35

    outstanding Excellent Good Average Bad

    Series1

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    Q7. Private labels display and signage in the store is!

    a) outstanding 8%

    b) Excellent 36%

    c) Good 40%

    d) Average 14%

    e) Bad 2%

    INTERPRETATION:

    Product display and signage in the store is highly satisfactory according to 44% of the

    respondent, satisfactory according 40% of the respondent rest 16% are not satisfied with it.

    Customers are satisfied with Product display and signage in the store.

    outstanding

    8%

    Excellent

    36%Good

    40%

    Average

    14%

    Bad

    2%

    Chart Title

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    Q8. In festive season the shopping experience in the store is!

    a) outstanding 3%

    b) Excellent 29%

    c) Good 39%

    d) Average 25%

    e) Bad 4%

    INTERPRETATION:

    Out of 25 respondents, 39% people have good shopping experience in Foodworld, 25% has

    average and 29% people has excellent. But 3% has outstanding shopping experience and 4% has

    bad shopping experience.

    Maximum numbers of people has a better experience of shopping in offer days.

    Some customer do not enter in store due to heavy rush.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    outstanding Excellent Good Average Bad

    3%

    29%

    39%

    25%

    4%

    Series1

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    Q9. The quality of the in store Brands served by Foodworld is!

    a) outstanding 3%

    b) Excellent 19%

    c) Good 47%

    d) Average 26%

    e) Bad 5%

    INTERPRETATION:

    21% of the respondents are highly satisfied with the quality of the products at Foodworld, rest

    74% are said the quality of the products in Foodworld is average, only 5% said its not good.

    Maximum number of people is not satisfied with quality of the product.

    3%

    19%

    47%

    26%

    5%

    outstanding

    Excellent

    Good

    Average

    Bad

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    Q10. The Price differential between private label & Multinational Brand is!

    a) outstanding 13%

    b) Excellent 41%

    c) Good 28%

    d) Average 13%

    e) Bad 5%

    INTERPRETATION:

    According to maximum number of respondent i.e. 82% feels that cleanliness and hygiene

    maintained in the store is up to the mark rest 18% feel it is not up to the mark.

    Cleanliness and hygiene maintained in the store is up to the mark.

    Series10

    10

    20

    30

    40

    50

    outstanding Excellent Good Average Bad

    13%

    41%

    28%

    13%

    5%

    Series1

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    Q11.Do you feel that Foodworld provide you value for money?

    a) YES 85%

    b) NO 15%

    INTERPRETATION:

    Out of 25 respondent, 85% of the respondents feel that Foodworld provide you value for money,

    15% feel not.

    YES

    85%

    NO15%

    Chart Title

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    f) FINDINGS & RECOMNDATIONFindings:

    Store performing well in attracting the customers. Foodworld provides better shopping experience. Brands and products availability in Foodworld is not up to the mark. Discounts and offers doing well in the store. In offer days the store management is good. Home delivery services are not used by customer. Product display and signage is good. Quality of private labels/instore brands is not up to the mark. Location of Foodworld is outstanding. Parking facility in big bazaar is good.

    RECOMMENDATIONS

    Create awareness & manage home delivery services properly.There should be proper assortment of in store product categories.Proper signage should be there so that customer can locate the products

    easily.

    Proper training should be provided to sales person so that they can deal withthe customer efficiently.

    Various schemes and offers can be provided to them and attract newcustomers (Use pull strategy).

    No. of cash counter needs to be increased keeping in view customer trafficintensity.

    Quality in private brands should be increased up to mark.

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    g)CONCLUSIONThe performance of private labels of Foodworld is upto the mark. Customers prefer

    to buy private labels than multinational brands due to significant price differential.

    And one thing in Foodworld is which makes it more effective is its safe and

    cheaper home delivery service.

    At last I want to share this quotation from retail management book;

    Todays private label brands need to embody the attitude and demeanor of an

    own brand. Own brands are relevant to the broadest set of audiences. The trade

    feels an affinity and desire for the own brand to prosper. The consumer is loyal

    to own brands and seeks them out as an integral part of his/her lifestyle. The

    retailer celebrates and nurtures the own brand as a vital embodiment of its brand

    proposition that will build and sustain a greater degree of loyalty.

    Bibliography:

    Content Courtesy www.indiaretailing.com

    http://www.brandchannel.com/papers_review.asp?sp_id=360

    http://www.retailcustomerexperience.com/article/21480/The-evolution-of-private-

    labels-at-retail

    http://www.retailcustomerexperience.com/article/21480/The-evolution-of-private-

    labels-at-retail

    http://www.india-reports.com/articles/Umbrella-Brands.aspx

    http://www.fmi.org/retail/advertising/pdf/I_FInal_DAMON.pdf

    http://www.foodworld.in/

    http://www.dairyfarmgroup.com/global/home.htm

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    QUESTIONNAIRE

    PERSONAL INFORMATION

    Dear sir/ Madam,

    This survey is a part of my Retail Management project. Please provide relevant information

    by filling this questionnaire to make my survey more comprehensive. All details from your part

    will be kept confidential.

    Name: - ..

    Sex: - a) Male b) Female

    Contact no.:-

    Q1. In a month how many times you visit Foodworld?

    a) Ones b) twice c) Thrice

    d) More than thrice e) as per requirement

    Q2. Your shopping experience in Foodworld is always!

    a) Outstanding b) Excellent c) Good

    d) Average e) Bad

    Q3.In store Brands and products availability in Foodworld is!

    a) Outstanding b) Excellent c) Good

    d) Average e) Bad

    Q4. Discounts and offers served in Foodworld is !

    a) Outstanding b) Excellent c)Good

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    d) Average e) Bad

    Q5. Home delivery services of Foodworld is !

    a) Outstanding b) Excellent c)Good

    d) Average e) Bad

    Q6. Location 0f Foodworld in your city is !

    a) Outstanding b) Excellent c)Good

    d) Average e) Bad

    Q7. Product display and signage in the store is !

    a) Outstanding b) Excellent c)Good

    d) Average e) Bad

    Q8. In festive season the shopping experience in the Foodworld is!

    a) Outstanding b) Excellent c)Good

    d) Average e) Bad

    Q9. The quality of the Private labels served by Foodworld is!

    a) Outstanding b) Excellent c)Good

    d) Average e) Bad

    Q10.Do you feel that Foodworld provide you value for money?

    a) Yes b)No

    (Signature)

    Th ki f filli hi i i