SlideShare a Scribd company logo
1 of 27
SIMILARITIES BETWEEN RETAILER
ASSESSMENT AND CONSUMER
EXPECTATION
PRIASANGEETHA
SARAVANAN
ABSTRACT:
 The project deals with the similarities between
retailer assessment and consumer expectations.
 It is the assessment of retailers by absorbing the
economic, social, cultural, and political boundaries
or behaviors or expectations of consumer and set-up
a retail outlet.
 The study is basically depends upon how-well the
retailers assess the area and set-up a business.
OBJECTIVES:
To identify the various kinds of retailers assessment.
To identify the expectations of consumer.
To find out the GAP formation between retailer
assessment and consumer expectation
INTRODUCTION:
Retailers will enter into the market by assessing the
consumer expectations or need of the customer.
Economic Assessment
Social Assessment
Cultural Assessment
Political Assessment
ECONOMIC ASSESSMENT:
• Economic assessment is the process of identifying,
calculating and comparing the costs and benefits of
a proposal in order to evaluate its merits, either
absolutely or in comparison with alternatives
 Price
 Income
 Governmental control
 Market size
SOCIAL ASSESSMENT:
• Social impact assessment is a methodology to review the
social effects of infrastructure projects and other
development interventions.
• For the sample study we used social assessment based on 4
categories..,
Urbanization
Migration
Education
Household
Culture+Economic = Social
CULTURAL ASSESSMENT:
• Language will influence the culture of the society.
• Retailers understands the culture of any society based on
language of people in the market.
• Cultural assessment consists of .., religion and languages,
kingship and history, attitude and values, cultural
differences.
Interest of the people
Religion
Language
Attitudes and values
POLITICAL ASSESSMENT:
Supra- state
State
Local
• SUPRA- STATE: In supra- state trading between the member
countries, is convenient where rules and regulations are same. All the
countries come together for easy flow of trade among all the member
countries.
• STATE- LEVEL: The countries will not accept the every rules, laws,
regulations of supra- state. It restrict some of the rules.
• LOCAL LEVEL: It makes the rules and regulations within the
country level is called as local level.
OBSERVATION:
• Upcoming retailers are more innovative than the other
retailers. Because they identify “what the customer
exactly wants?” that is in sense many customer are
complaining about the services and products etc..,
• Now-a-days retailers attracts the customers in forms of
unique outlets, special offers, fully based air-conditioner
facilities, relaxing area, kids-play area etc.., because of
these specifications customers visits the outlet through this
the retailers gains more profit + more customer.
KINDS OF RETAILER
FOOD RETAILERS
Aasife Biriyani
 Aasife biriyani opens its first outlet in the year 2000
and has grown from a single shopping selling 10KG
of biriyani to 25 modern outlets preparing other delectable
Indian cuisine.
Started by Aasife Ahmad.
The brand has been built to become one of Chennai most popular
Biriyani restaurants.
PIZZA HUT
• Pizza hut is American restaurant chain and international franchise
founded in 1958 by DAN AND FRANK CARNEY.
• The company is known for its Italian-American cuisine menu
including pizza and pasta, as well as, side dishes and desserts.
• Pizza hut has over 16,000 locations worldwide as of 2015.
OVERVIEW
A found of eating pizza is decreasing because of demand for biriyani is high.
The demand for biriyani is high due to the varieties of side-dished provided
with it.
Bachelor and family members prefer eating more of biriyani instead of pizza.
Business of Aasife Biriyani is growing high and earning more profit that pizza
hut. More customers are seen in the Aasife restaurants.
TEXTILE INDUSTRY
PANTALOONS
• Flagship store of future groups.
• Pantaloons retail limited is India’s leading retailer
that operates multiple retail formats in both the value
and lifestyle segments of the Indian consumer market.
Headquarter in Mumbai.
• The company operates over 12 million square feet of retail space.
• Has over 100 store across 73 cities in India
RELIANCE TREND
Reliance trend is a leading lifestyle retail chain with over 419 stores
across India.
Reliance trend offer high quality product across women’s wear, Men’s
wear, Kid’s wear and fashion accessories through a diversified
portfolio of own brands, national and international brands.
The uniqueness of the store is the core which delivers “fashions at
great value”
OVERVIEW
• Pricing rate in a Reliance trend is a affordable and less.
• Moreover that is many varieties of colour variety is available in
Reliance trends.
• Because of this reason many youngster prefer to going to reliance
trends that to Pantaloon.
FOOT WEAR RETAILER
BATA
Started in 1894, 24 August
It is 173 years ago,
It was founded by TOMAS BATA
Bata India is the largest retailer and leading manufacturer of foot wear in
India.
Values of Bata
Serve with fashion
Be bold
Counts on Me
Exceed costumer expectation
Improving lives
VKC
• Started in 17th August 1984
• It is founded by VKC MAMMED KOYA
• VKC pride groups is a manufacturer and marketing of foot wear
company, based in the KOZHIKODE district of Kerala state in India.
Overview
• Even though, price in VKC pride is low customer prefer more of
BATA foot wear because of its quality and mat-finished work.
• As BATA is a first Indian footwear company so people prefer and trust
Bata more.
SUCCESSFUL RETAILER
UNSUCCESSFUL RETAILER
LIMITATION OF STUDY
• The geographical scope of this study was limited to Chennai
district and does not get represent the whole state.
• The sample size chosen is covered only a small portion of
whole population
• The sample size and actual respondents numbers limited
because of limited time period.
• This study was limited to the willingness and capabilities of
the respondents is appropriately answering the questions and
information given by the respondents may be correct and may
not be correct.
SERVICE
CONSUMERS EXPECTATION RETAILERS ASSESSMENT
36%
40%
12%
12%
RETAILERS ASSESSMENT ABOUT
SERVICE
Good display Proper infrastructure
Special offers Child care
32%
48%
8%
12%
SERVICE EXPECTATION
Good display Proper infrastructure
Special offers Child care
CULTURE
• CONSUMERS EXPECTATION • RETAILERS ASSESSMENT
0 2 4 6 8 10 12 14
Strongly
agree
Agree
Disagree
Strongly
disagree
CULTURE AND BUYING BEHAVIOUR
52%
24%
16%
8%
CULTURE ASSESSMENT
Strongly agree Agree Disagree Strongly Disagree
MARKET SIZE
• CONSUMERS EXPECTATION • RETAILERS ASSESSMENT
28%
20%
52%
PLACE TO BUY A PRODUCT
Departmental strore Malls Local stores
0
2
4
6
8
10
12
14
16
18
20
Departmental store Malls Local stores
RETAIL OUTLETS
Finding of the study
Majority of retailers are located in urban area because to earn
more profit and attract the customers.
While starting up a business retailers notify political boundaries
then enter into the market.
Retailer clearly assesses about the culture but consumers are not
preferred to buy a cultural product. Nowadays they become
modernized.
The retailer assesses the literacy rate of the consumer and then
setup an outlet.
Pressure of government is high in case of global retailing business.
The retailer prefers to sell their product in local stores rather than
malls.
The consumers expect to provide proper infrastructure facility and
retailers satisfied it.
Upcoming retailers are more attractive and innovative than the other
retailers.
CONCLUSION
• The study explains about the similarities between retailer
assessment and consumer expectation.
• Mostly retailers assess the culture of the consumer and set up an
outlet; but the consumers are not that much bother about the
cultural aspects of the society.
• Consumers are more attracted towards modernized culture.
• Through this study we have found that positive relationship
between retailer assessment and consumer expectations

More Related Content

What's hot

Company Profile - Big Bazaar
Company Profile - Big BazaarCompany Profile - Big Bazaar
Company Profile - Big Bazaarguest70b206
 
Wal Mart and BIG BAZAAR : A comparitive analysis
Wal Mart and BIG BAZAAR : A comparitive analysisWal Mart and BIG BAZAAR : A comparitive analysis
Wal Mart and BIG BAZAAR : A comparitive analysisParas Deshpande
 
Marketing mix and consumer`s response at Central Mall Gurgaon
Marketing mix and consumer`s response at Central Mall GurgaonMarketing mix and consumer`s response at Central Mall Gurgaon
Marketing mix and consumer`s response at Central Mall GurgaonAjit Srivastva
 
Big Bazaar- SWOT,Marketing strategies
Big Bazaar- SWOT,Marketing strategiesBig Bazaar- SWOT,Marketing strategies
Big Bazaar- SWOT,Marketing strategiesJohn Paul
 
Hyper city (Gap Analysis)
Hyper city (Gap Analysis)Hyper city (Gap Analysis)
Hyper city (Gap Analysis)Anjum Patel
 
Case analysis big bazar
Case analysis big bazarCase analysis big bazar
Case analysis big bazarPriya Lal
 
Ppt For Visit To A Mall
Ppt For Visit To A MallPpt For Visit To A Mall
Ppt For Visit To A MallHarnam Arora
 
BIG BAZAR Retail Store Management
BIG BAZAR Retail Store ManagementBIG BAZAR Retail Store Management
BIG BAZAR Retail Store ManagementAsimananda Mahato
 

What's hot (20)

Company Profile - Big Bazaar
Company Profile - Big BazaarCompany Profile - Big Bazaar
Company Profile - Big Bazaar
 
Big bazaar
Big bazaarBig bazaar
Big bazaar
 
Wal Mart and BIG BAZAAR : A comparitive analysis
Wal Mart and BIG BAZAAR : A comparitive analysisWal Mart and BIG BAZAAR : A comparitive analysis
Wal Mart and BIG BAZAAR : A comparitive analysis
 
Final big bazaar ppt
Final big bazaar pptFinal big bazaar ppt
Final big bazaar ppt
 
Marketing mix and consumer`s response at Central Mall Gurgaon
Marketing mix and consumer`s response at Central Mall GurgaonMarketing mix and consumer`s response at Central Mall Gurgaon
Marketing mix and consumer`s response at Central Mall Gurgaon
 
Big Bazaar- SWOT,Marketing strategies
Big Bazaar- SWOT,Marketing strategiesBig Bazaar- SWOT,Marketing strategies
Big Bazaar- SWOT,Marketing strategies
 
Hyper city (Gap Analysis)
Hyper city (Gap Analysis)Hyper city (Gap Analysis)
Hyper city (Gap Analysis)
 
Big Bazaar
Big BazaarBig Bazaar
Big Bazaar
 
Project on Big bazaar
Project on Big bazaarProject on Big bazaar
Project on Big bazaar
 
Case analysis big bazar
Case analysis big bazarCase analysis big bazar
Case analysis big bazar
 
Big bazaar
Big bazaarBig bazaar
Big bazaar
 
Retail Formats of Big bazaar
Retail Formats of Big bazaarRetail Formats of Big bazaar
Retail Formats of Big bazaar
 
Big bazaar
Big bazaarBig bazaar
Big bazaar
 
Ppt For Visit To A Mall
Ppt For Visit To A MallPpt For Visit To A Mall
Ppt For Visit To A Mall
 
Bigbazaar
BigbazaarBigbazaar
Bigbazaar
 
Departmental stores
Departmental storesDepartmental stores
Departmental stores
 
Shoppers stop
Shoppers stopShoppers stop
Shoppers stop
 
BIG BAZAR Retail Store Management
BIG BAZAR Retail Store ManagementBIG BAZAR Retail Store Management
BIG BAZAR Retail Store Management
 
1 Big Bazaar
1 Big Bazaar1 Big Bazaar
1 Big Bazaar
 
Big bazar
Big bazarBig bazar
Big bazar
 

Similar to Similarities between retailer assessment and consumer expectation

International management of future group ppt
International management of future group pptInternational management of future group ppt
International management of future group ppthiteshkrohra
 
Vicky yadav b b2
Vicky yadav b b2Vicky yadav b b2
Vicky yadav b b2Vicky Yadav
 
Private label brands & New Retail Enviornment
Private label brands & New Retail EnviornmentPrivate label brands & New Retail Enviornment
Private label brands & New Retail EnviornmentNitesh Singh Patel
 
Retail Presentation - Shoppers Stop
Retail Presentation - Shoppers StopRetail Presentation - Shoppers Stop
Retail Presentation - Shoppers StopJagannath Padhy
 
HIM! International Research Overview 2017
HIM! International Research Overview 2017HIM! International Research Overview 2017
HIM! International Research Overview 2017Ruth Cousins
 
Retailing Slides final
Retailing Slides finalRetailing Slides final
Retailing Slides finalzumair umair
 
Ashish LOYOLA PATNA
Ashish LOYOLA PATNAAshish LOYOLA PATNA
Ashish LOYOLA PATNAPrince Kumar
 
Marketing Concepts.pdf
 Marketing Concepts.pdf Marketing Concepts.pdf
Marketing Concepts.pdfNitika Kapoor
 
Visual messaging
Visual messagingVisual messaging
Visual messagingAlyson Kaye
 
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptxMODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptxLakshmiKVN1
 
Structure and Nature of Retailing Channels
Structure and Nature of Retailing ChannelsStructure and Nature of Retailing Channels
Structure and Nature of Retailing ChannelsJithaAsokan
 

Similar to Similarities between retailer assessment and consumer expectation (20)

International management of future group ppt
International management of future group pptInternational management of future group ppt
International management of future group ppt
 
Vicky yadav b b2
Vicky yadav b b2Vicky yadav b b2
Vicky yadav b b2
 
Private label brands & New Retail Enviornment
Private label brands & New Retail EnviornmentPrivate label brands & New Retail Enviornment
Private label brands & New Retail Enviornment
 
Private Labels
Private LabelsPrivate Labels
Private Labels
 
Design Management Project
Design Management ProjectDesign Management Project
Design Management Project
 
Retail Presentation - Shoppers Stop
Retail Presentation - Shoppers StopRetail Presentation - Shoppers Stop
Retail Presentation - Shoppers Stop
 
HIM! International Research Overview 2017
HIM! International Research Overview 2017HIM! International Research Overview 2017
HIM! International Research Overview 2017
 
Retailing Slides final
Retailing Slides finalRetailing Slides final
Retailing Slides final
 
14 presentation
14 presentation14 presentation
14 presentation
 
Shoppers stop
Shoppers stopShoppers stop
Shoppers stop
 
marketing strategy
marketing strategymarketing strategy
marketing strategy
 
pantaloons .pptx
pantaloons .pptxpantaloons .pptx
pantaloons .pptx
 
Ashish LOYOLA PATNA
Ashish LOYOLA PATNAAshish LOYOLA PATNA
Ashish LOYOLA PATNA
 
Ashish kumar
Ashish kumarAshish kumar
Ashish kumar
 
Ashish 2
Ashish 2Ashish 2
Ashish 2
 
Marketing Concepts.pdf
 Marketing Concepts.pdf Marketing Concepts.pdf
Marketing Concepts.pdf
 
Visual messaging
Visual messagingVisual messaging
Visual messaging
 
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptxMODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
 
Structure and Nature of Retailing Channels
Structure and Nature of Retailing ChannelsStructure and Nature of Retailing Channels
Structure and Nature of Retailing Channels
 
Fashion forecasting
Fashion forecastingFashion forecasting
Fashion forecasting
 

Recently uploaded

Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17Celine George
 
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...Postal Advocate Inc.
 
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTSGRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTSJoshuaGantuangco2
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxiammrhaywood
 
4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptx4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptxmary850239
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdfAMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdfphamnguyenenglishnb
 
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)lakshayb543
 
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptxINTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptxHumphrey A Beña
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatYousafMalik24
 
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITYISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITYKayeClaireEstoconing
 
Science 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptxScience 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptxMaryGraceBautista27
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Celine George
 
Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Celine George
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfMr Bounab Samir
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
Gas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxGas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxDr.Ibrahim Hassaan
 
Judging the Relevance and worth of ideas part 2.pptx
Judging the Relevance  and worth of ideas part 2.pptxJudging the Relevance  and worth of ideas part 2.pptx
Judging the Relevance and worth of ideas part 2.pptxSherlyMaeNeri
 

Recently uploaded (20)

Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
 
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTSGRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
 
4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptx4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptx
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdfAMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
 
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
 
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptxINTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
INTRODUCTION TO CATHOLIC CHRISTOLOGY.pptx
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice great
 
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITYISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
 
Science 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptxScience 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptx
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17
 
Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
Gas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxGas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptx
 
Judging the Relevance and worth of ideas part 2.pptx
Judging the Relevance  and worth of ideas part 2.pptxJudging the Relevance  and worth of ideas part 2.pptx
Judging the Relevance and worth of ideas part 2.pptx
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 

Similarities between retailer assessment and consumer expectation

  • 1. SIMILARITIES BETWEEN RETAILER ASSESSMENT AND CONSUMER EXPECTATION PRIASANGEETHA SARAVANAN
  • 2. ABSTRACT:  The project deals with the similarities between retailer assessment and consumer expectations.  It is the assessment of retailers by absorbing the economic, social, cultural, and political boundaries or behaviors or expectations of consumer and set-up a retail outlet.  The study is basically depends upon how-well the retailers assess the area and set-up a business.
  • 3. OBJECTIVES: To identify the various kinds of retailers assessment. To identify the expectations of consumer. To find out the GAP formation between retailer assessment and consumer expectation
  • 4. INTRODUCTION: Retailers will enter into the market by assessing the consumer expectations or need of the customer. Economic Assessment Social Assessment Cultural Assessment Political Assessment
  • 5. ECONOMIC ASSESSMENT: • Economic assessment is the process of identifying, calculating and comparing the costs and benefits of a proposal in order to evaluate its merits, either absolutely or in comparison with alternatives  Price  Income  Governmental control  Market size
  • 6. SOCIAL ASSESSMENT: • Social impact assessment is a methodology to review the social effects of infrastructure projects and other development interventions. • For the sample study we used social assessment based on 4 categories.., Urbanization Migration Education Household Culture+Economic = Social
  • 7. CULTURAL ASSESSMENT: • Language will influence the culture of the society. • Retailers understands the culture of any society based on language of people in the market. • Cultural assessment consists of .., religion and languages, kingship and history, attitude and values, cultural differences. Interest of the people Religion Language Attitudes and values
  • 8. POLITICAL ASSESSMENT: Supra- state State Local • SUPRA- STATE: In supra- state trading between the member countries, is convenient where rules and regulations are same. All the countries come together for easy flow of trade among all the member countries. • STATE- LEVEL: The countries will not accept the every rules, laws, regulations of supra- state. It restrict some of the rules. • LOCAL LEVEL: It makes the rules and regulations within the country level is called as local level.
  • 9. OBSERVATION: • Upcoming retailers are more innovative than the other retailers. Because they identify “what the customer exactly wants?” that is in sense many customer are complaining about the services and products etc.., • Now-a-days retailers attracts the customers in forms of unique outlets, special offers, fully based air-conditioner facilities, relaxing area, kids-play area etc.., because of these specifications customers visits the outlet through this the retailers gains more profit + more customer.
  • 10. KINDS OF RETAILER FOOD RETAILERS Aasife Biriyani  Aasife biriyani opens its first outlet in the year 2000 and has grown from a single shopping selling 10KG of biriyani to 25 modern outlets preparing other delectable Indian cuisine. Started by Aasife Ahmad. The brand has been built to become one of Chennai most popular Biriyani restaurants.
  • 11. PIZZA HUT • Pizza hut is American restaurant chain and international franchise founded in 1958 by DAN AND FRANK CARNEY. • The company is known for its Italian-American cuisine menu including pizza and pasta, as well as, side dishes and desserts. • Pizza hut has over 16,000 locations worldwide as of 2015.
  • 12. OVERVIEW A found of eating pizza is decreasing because of demand for biriyani is high. The demand for biriyani is high due to the varieties of side-dished provided with it. Bachelor and family members prefer eating more of biriyani instead of pizza. Business of Aasife Biriyani is growing high and earning more profit that pizza hut. More customers are seen in the Aasife restaurants.
  • 13. TEXTILE INDUSTRY PANTALOONS • Flagship store of future groups. • Pantaloons retail limited is India’s leading retailer that operates multiple retail formats in both the value and lifestyle segments of the Indian consumer market. Headquarter in Mumbai. • The company operates over 12 million square feet of retail space. • Has over 100 store across 73 cities in India
  • 14. RELIANCE TREND Reliance trend is a leading lifestyle retail chain with over 419 stores across India. Reliance trend offer high quality product across women’s wear, Men’s wear, Kid’s wear and fashion accessories through a diversified portfolio of own brands, national and international brands. The uniqueness of the store is the core which delivers “fashions at great value”
  • 15. OVERVIEW • Pricing rate in a Reliance trend is a affordable and less. • Moreover that is many varieties of colour variety is available in Reliance trends. • Because of this reason many youngster prefer to going to reliance trends that to Pantaloon.
  • 16. FOOT WEAR RETAILER BATA Started in 1894, 24 August It is 173 years ago, It was founded by TOMAS BATA Bata India is the largest retailer and leading manufacturer of foot wear in India. Values of Bata Serve with fashion Be bold Counts on Me Exceed costumer expectation Improving lives
  • 17. VKC • Started in 17th August 1984 • It is founded by VKC MAMMED KOYA • VKC pride groups is a manufacturer and marketing of foot wear company, based in the KOZHIKODE district of Kerala state in India.
  • 18. Overview • Even though, price in VKC pride is low customer prefer more of BATA foot wear because of its quality and mat-finished work. • As BATA is a first Indian footwear company so people prefer and trust Bata more.
  • 21. LIMITATION OF STUDY • The geographical scope of this study was limited to Chennai district and does not get represent the whole state. • The sample size chosen is covered only a small portion of whole population • The sample size and actual respondents numbers limited because of limited time period. • This study was limited to the willingness and capabilities of the respondents is appropriately answering the questions and information given by the respondents may be correct and may not be correct.
  • 22. SERVICE CONSUMERS EXPECTATION RETAILERS ASSESSMENT 36% 40% 12% 12% RETAILERS ASSESSMENT ABOUT SERVICE Good display Proper infrastructure Special offers Child care 32% 48% 8% 12% SERVICE EXPECTATION Good display Proper infrastructure Special offers Child care
  • 23. CULTURE • CONSUMERS EXPECTATION • RETAILERS ASSESSMENT 0 2 4 6 8 10 12 14 Strongly agree Agree Disagree Strongly disagree CULTURE AND BUYING BEHAVIOUR 52% 24% 16% 8% CULTURE ASSESSMENT Strongly agree Agree Disagree Strongly Disagree
  • 24. MARKET SIZE • CONSUMERS EXPECTATION • RETAILERS ASSESSMENT 28% 20% 52% PLACE TO BUY A PRODUCT Departmental strore Malls Local stores 0 2 4 6 8 10 12 14 16 18 20 Departmental store Malls Local stores RETAIL OUTLETS
  • 25. Finding of the study Majority of retailers are located in urban area because to earn more profit and attract the customers. While starting up a business retailers notify political boundaries then enter into the market. Retailer clearly assesses about the culture but consumers are not preferred to buy a cultural product. Nowadays they become modernized. The retailer assesses the literacy rate of the consumer and then setup an outlet.
  • 26. Pressure of government is high in case of global retailing business. The retailer prefers to sell their product in local stores rather than malls. The consumers expect to provide proper infrastructure facility and retailers satisfied it. Upcoming retailers are more attractive and innovative than the other retailers.
  • 27. CONCLUSION • The study explains about the similarities between retailer assessment and consumer expectation. • Mostly retailers assess the culture of the consumer and set up an outlet; but the consumers are not that much bother about the cultural aspects of the society. • Consumers are more attracted towards modernized culture. • Through this study we have found that positive relationship between retailer assessment and consumer expectations