Preview

Consumer Behavior Towards Big Bazaar

Powerful Essays
Open Document
Open Document
15000 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Behavior Towards Big Bazaar
COMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR & OTHER RETAIL COMPANY

Page |1

Management Thesis – 1 | 3rd Semester

COMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR & OTHER RETAIL COMPANY

CERTIFICATE

It is certified that the work contained in the thesis entitled “A COMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR AND OTHER RETAIL COMPANY" By Rajesh Kumar has been carried out under my supervision and that this work has not been submitted elsewhere for a degree.

Dr. Kausik Dutta (Department of Marketing) ICFAI University, Jharkhand.

Page |2

Management Thesis – 1 | 3rd Semester

COMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR & OTHER RETAIL COMPANY

ABSTRACT

Page |3

Management Thesis – 1 | 3rd Semester

Retail is India’s largest industry, accounting for over 10 per cent of the country’s GDP and around eight per cent of the employment. Retail industry in India is at the crossroads. It has emerged as one of the most dynamic and fast paced industries with several players entering the market. But because of the heavy initial investments required, break even is difficult to achieve and many of these players have not tasted success so far. However, the future is promising; the market is growing, government policies are becoming more favorable and emerging technologies are facilitating operations. Retailing in India is gradually inching its way toward becoming the next boom industry. The whole concept of shopping has altered in terms of format and consumer buying behavior, ushering in a revolution in shopping in India. Modern retail has entered India as seen in sprawling shopping centers, multi-storied malls and huge complexes offer shopping, entertainment and food all under one roof. The Indian retailing sector is at an inflexion point where the growth of organized retailing and growth in the consumption by the Indian population is going to take a higher growth trajectory. The



Bibliography: TABLE OF • Buyer Behavior: http://buyerbehaviour.blogspot.com/2008/01/big http://buyerbehaviour.blogspot.com/2008/01/big-bazaarfreedom-sale-change-in.html Indian Retail Scenario: http://www.slideshare.net/theRedIndian/indiahttp://www.slideshare.net/theRedIndian/india retail-2008-big-bazaar bazaar-scenario/ Wikipedia: www.wikipedia.org "IT Happened in India" by Kishore Biyani "From Brand Vision to Brand Evaluation: The Strategic Process of Grow Growing and Strengthening Brands" by Leslie de Chernatony Kunde Model: http://www.kunde co.com/Default.aspx?ID=325 http://www.kunde-co.com/Default.aspx?ID=325 Economic Times: www.economicstimes.com Marketing Management: Philip Kotler Advertising and Sales: Promotion Belch and Belch Retail Management: Bajaj and Srivastav Research Methodology: Cooper and Schindler • • • • • • • • • • P a g e | 57 Management Thesis – 1 | 3rd Semester

You May Also Find These Documents Helpful

  • Powerful Essays

    4Ps defines as Product, Price, Place, and Promotion. Based on the statement from Smith and Wiggins (2008), the 4Ps refers to strategic controls for the whole marketing concept. 4Ps determine the product life cycle’s growth and movement. The first P refers to ‘’Product’’ which here Foster’s has a wide range of products, such as beers, wine, and spirits, which their prices are various as well. A positive result from the wide range of products which Foster’s has will bring the company to enter a huge market. In a large market like Asian market, beer is the most popular and easiest product to sell; so to begin their marketing program Foster’s will be focusing in marketing their beers. Besides popular and easy to market, commonly the price of beers consider as cheap and handy to a large size of customers. After they success to gain market share by marketing their beers, Foster’s will expand their marketing by taking in their wine and spirit products to the market. Foster’s products will be marketed as being accessible to…

    • 3442 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Your plan should address the business’ Target Market and the 4Ps. (Place, Product, Promotion, & Price)…

    • 529 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Westjet Research Paper

    • 2269 Words
    • 10 Pages

    The marketing mix analysis which is also known as 4 P’s, is the most important elements of a marketing strategy of any company, and in this report I am…

    • 2269 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Unit 3 P1

    • 1803 Words
    • 8 Pages

    The broad field of marketing activities can be condensed into the 4 P’s which are:…

    • 1803 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Cadbury

    • 4124 Words
    • 17 Pages

    This term paper was done to show Cadbury’s marketing mix and actually how they employ the 4P strategies- Product, Place, Price and Promotion in real world scenario. This project provides us with exposure to Chocolate confectionery, Beverages, Biscuits, Gum and Candy in India which is one of the most promising segments in India today. We studied the strategies employed by Cadbury India Limited that makes it the market leader and suggested few recommendations of our own.…

    • 4124 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Discuss why the strategy was selected , then the marketing mix decisions (4 P’s) of product , prices , place (distribution) , and promotion.…

    • 456 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    One of the many tools used for knowing consumer behavior are the four P’s of marketing, the product, place, price and promotion. By knowing the concepts of the four P’s…

    • 1547 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    Marketing

    • 384 Words
    • 2 Pages

    Breadth and Depth of Analysis of the Current Marketing Strategy (including ad) for chosen Product/Brand. * Is the current marketing strategy (4Ps) and 3Cs well described and analyzed? * Are the current weaknesses identified compelling?…

    • 384 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    In internet marketing it is also known as the 4p’s, which is place, promotion, products and…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    A Bathing ape

    • 1968 Words
    • 8 Pages

    This project has been done by a group five student for the module “Principles of Marketing” and it is based on the marketing tactic of 4 Ps. There have been a number of research strategies such as online sources, observation, articles, interviewing a store manager, and sources from the university library. The report and its allied presentation are due on Monday 22nd of November 2010.…

    • 1968 Words
    • 8 Pages
    Better Essays
  • Good Essays

    To understanding the marketing strategy of a company or a specific product, the 4Ps theory can be applied. Three other Ps can also be used to provide additional information: physical layout, provision of customer service, and processes of the marketing strategy.…

    • 2186 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Marketing Strategy

    • 1113 Words
    • 4 Pages

    To ascertain a successful marketing plan it is very essential to identify a proper target market. For effective implementation of the 4ps of marketing, selecting the right target market is very important. Price, promotion, place and most…

    • 1113 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Investigating Marketing

    • 7373 Words
    • 30 Pages

    This piece of coursework is for my Unit 3 Applied Business. The coursework involves investigating marketing within a chosen business. The business I have chosen to investigate is Kitchen, a small business located in Snaith. The aim of my coursework is to evaluate the marketing strategy used by Kitchen to sell bakery and deli produce and also to operate a café. To investigate my chosen business I will give a brief background to Kitchen and the products they sell. Then I will explain what marketing is, including the 4p’s of marketing and discuss why the 4p’s are important to established companies such as Kitchen, and how it leads to overall performance. I will then, in context, show how the product I am researching use the 4p’s to boost sales of that chosen product. Also in my coursework I will explain and evaluate the main marketing objectives of Kitchen and I will include how they relate them to SMART objectives. In addition I will then identify the businesses marketing objectives for the product I am researching into and explain why the product has these objectives that Kitchen has set out. Furthermore I will include a detailed report on the closest competitors to Kitchen based on the research I have conducted and analyse this research to create my overall developed marketing mix. I will then evaluate the market segment in which Kitchen targets, and again how this compares to its closest competitors. Moreover, I will discuss market research and how it is important to businesses such as Kitchen. I will analyse Kitchen by producing multiple charts and graphs, these will help Kitchen develop from my research I have conducted in my overall aim of devising a new marketing mix for Kitchen. Finally I will take into consideration all of my research and then voice how I think that Kitchen can develop their marketing mix.…

    • 7373 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    Information regarding the organisation, 4P’s of marketing, and consumer preferences has been obtained through :…

    • 12620 Words
    • 51 Pages
    Powerful Essays
  • Powerful Essays

    In this project our objective is to analyze the 4P’s of marketing i.e. Product, Price, Place and Promotion. We are also going to study how Unilever has targeted its market, segmented and positioned its self in the minds of the consumers in Bangladesh.…

    • 2508 Words
    • 11 Pages
    Powerful Essays