project syn
TRANSCRIPT
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SYNOPSIS
Title- THE SCENARIO OF AN ORGANISED RETAIL STORE ,VISHAL MEGA MART
SHILLONG-01
NAME-ANUPAM DEBNATH
REGISTRATION NO.520940741
Semester- MBA 4th
SIKKIM MANIPAL UNIVERSITY
SHILLONG CENTRE
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RESEARCH OBJECTIVES
1. To understand the scenario of and organised retail store.
2. To understand the problems by the sales personnel of different sections of the store.
3. To understand the needs and wants of the customers who have the purchasing power.
4. Improve customer satisfaction.
5. Increase footfall of the store.
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Research methodology
SOURCE OF DATA
Primary data -ssecondary data
The data obtained is from personally observing and present in the store to gather
information
METHODS
The communication approach employed is Structured Questioning that is, Personal
Interview with the aid of Printed Questionnaires.
Introduction
RETAILING .... WHAT IS IT ALL ABOUT????
Retailing consists of the business activities involved in selling goods and services to consumers
for their personal, family or household use. It is the last stage in the distribution process.
Retailing is the interface between the producer and the individual consumer buying for
personal consumption. This excludes direct interface between the manufacturer and institutional
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buyer such as the government and other bulk customers. A retailer is one who stocks the
producer's goods and is involved in the act of selling is the last link that connects the individual
consumer , at a margin of profit. As such , retailing is the last link that connects the individual
consumer with the manufacturing distribution chain
Selling directly to the customers Selling in smaller units/quantities, breaking the bulk
Present in neighborhood
Very high in numbers
Recognized by their service levels
Fitting any size and or location
Retailing Formats in India
Malls
Specialty Store
Discount Stores
Department Stores
Hypermarkets/ Supermarkets
Convenience stores
MBO's
LimitatioThere were a number of constraints involved during the research. Thelimitations are as follows:
There was time constraint which gave me less time to get myself involved in the work
culture
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The project also suffers from the drawbacks of sampling method
The study of Vishal Mega Mart, Shillong will differ from the other stores with similar
target market of Vishal Retail Limited
Conclusions
a) Most customers in Shillong visit the store when there are discount offers.
b) Newspapers advertisements and announcements on the radio are the most effective
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advertising media in Shillong
c) People response well to Vishal Mega Mart
d) Standing in a long queue for billing is tiring for the customers
it caters people from other districts of Meghalaya such as Jowai and Tura
e) High range products are slow moving in Shillong
f) if close competitors like big Bazaar come to Shillong, it will face a lot of threats and may
affect the weekly sales.