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INDUSTRY BACKGROUND
India, like Britain, is a nation of shopkeepers. With over 12 million retail outlets,
India probably has the highest density of retail outlets in the world, with one for
approximately every 90 persons; little wonder that the country is the ninth-largest
retail market in the world, with estimated annual retail sales of around USD215
billion in 2005 (Rs 960,000 crore). At the same time, the share of organised trade
in this enormous market is currently very small. It is estimated at just USD8 billion
(Rs 35,000 crore) in 2005, up from USD6.25 billion (Rs 28,000 crore) in 2004.
This accounts for less than 4 per cent of the total retail trade in the country
Both countries are not homogeneous. They comprise many markets within a single
regions.
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There is a significant rural population in both countries, which has much lower
Both countries are geographically very large and unevenly developed, adding a
Between 1996 and 2003, the organised retail market in China more than doubled.
We estimate that the Indian retail market is today at the same inflection point as
China was in the mid-1990s. Consequently, considering a similar per capita GDP
and roughly similar rates of economic growth, the Indian organised retail market
has the potential for exponential growth over the next decade.
Growing consumerism would be a key driver for organised retail in India. Several
demographic indicators show favourable trends for the growth of organised trade:
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Spend now vs. save earlier: consumers are willing to borrow for present
consumption.
Research done by the Tata Strategic Management Group (TSMG) indicates that
over the next 10 years, the total retail market in India is likely to grow at a
compounded annual growth rate (CAGR) of 5.5 per cent (at constant prices) to
USD374 billion (Rs 16,77,000 crore) in 2015. The organised retail market is
expected to grow much faster, at a CAGR of 21.8 per cent to USD55 billion (Rs
246,000 crore) in the same time frame, garnering around 15 per cent of overall
retail sales. Based on our projections, the top five organised retail categories by
2015 would be food, grocery and general merchandise; apparel; durables; food
service; and home improvement. (Table 1) Organised retail market in India (Rs
crore)
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Retailers inspired by the Wal-Mart story of growth in small town America
As per our estimates, the share of the 35 towns with a present population of greater
than 1 million in India's total population would grow much faster than their smaller
counterparts, from 10.2 per cent today to reach 14.4 per cent by 2025.
Simultaneously, the share of these towns in the overall retail market would grow
where in cities like Shanghai and Beijing, the organised sector accounts
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for 70 to 80 per cent of overall retail trade in certain categories. Retailers
should therefore focus on the top 37 towns in the next decade, as the
opportunity in smaller towns and rural India would be smaller and more
(Table 2)
There are a few key trends that one observes in international markets
GAINING PROMINENCE
These are driven by a consumer need for convenience and lower prices / higher
value in mass categories, while the big box category killer stores are gaining
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importance in the specialty retail categories. While supermarkets may emerge at
the initial stages of retail market development, in the long term they are unable to
Private labels today account for 17 per cent of global retail sales, with the
highest share of 23 per cent in Europe and the lowest share of 4 per cent
in Asia. M+M Planet Retail data shows that private label penetration varies
from 25 per cent to 95 per cent among some of the largest retailers in the
need for differentiation among retailers and the ability to offer higher margins are
the key factors contributing to the growth of private labels. Private labels provide
Global trends have important implications for Indian retailers. The Indian
consumer is very value conscious; willing to spend money in most cases, but
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for retailers to offer a price advantage through sourcing and operational efficiency,
as well as a strong private label programme to attract customers. Existing and new
chain and marketing. Else, they risk being marginalised by larger players.
Real estate and human resources will be the critical drivers to build scale. While
there are a few hundred malls under various stages of development across the
country at present, retailers will also need to think out of the box to ensure the
availability of real estate. This may include acquiring and developing the real
estate themselves, rather than wait for mall development. Given the rising demand
for retail real estate, retailers will need to take a long-term view on rentals and
look at alternative options like ownership or very long leases. Retailers that invest
growing market.
In conclusion, the retail market in India offers an opportunity for a large player to
current prices). Compared to this, the revenue of the largest Indian retailer,
Pantaloon, grossed only Rs 1,085 crore in 2005. Little wonder that large domestic
business houses and international retailers have expressed a keen interest to enter
the retail sector in India. To capitalise on the opportunity, however, players need to
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ORGANIZATION
INTRODUCTION OF INDIAN RETAIL KING
Unlike most people, Kishore Biyani makes no bones about his simplicity. He's the
man you're most likely to ignore at the Pantaloon or Big Bazaar store, as he stands
in a corner observing the way you shop. But make no mistake; what he may lack in
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You'll never catch him in a tie and jacket. He isn't a stickler for large cars, and has
just graduated from driving a Honda City to a Honda Accord, though he's just as
He is a strict vegetarian, and is currently off cheese and fried foods, but will
Pantaloon's Kishore Biyani has become India's largest retailer, but still has several
has the knack of catching rivals off-guard and striking where it hurts most.
Biyani's victory isn't unexpected. India's own Sam Walton (the legendary promoter
of Walmart) is quick to seize any advantage. Which is why the denim manufacturer
who quit the trade because "it wasn't creative enough" commands over 1.3 million
sq ft of retail space.
But even size hasn't made a difference to Biyani's vaulting ambitions and he's on
an even faster trajectory of growth. He's booked over 4.5 million sq ft of space
across the country, and will utilise 3 million sq ft by this year's end in 23 Indian
cities.
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He will invest over Rs 200 crore (Rs 2 billion) to make this dream a reality. Says R
S Roy, editorial director of the magazine Retail, which tracks the industry closely:
"Mall developers have him in mind before they start constructing. His presence
Two years ago, no one took Kishore Biyani seriously. His company, Pantaloon
Retail, was seen as a one-man show. Biyani himself was regarded as unpredictable,
and not a long-term bet. Today, he is the biggest retailer in India. In two years,
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MILESTONES TO SUCCESS:
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1987 - Company incorporated as Manz Wear Private Limited. Launch of
1992 - Initial public offer (IPO) was made in the month of May.
format launched across the nation. The company starts the distribution of
2001 - Big Bazaar, Is se sasta aur accha kahi nahin - Indias first
hypermarket chain launched.
2004 - Central Shop, Eat, Celebrate in the Heart of Our City - Indias first
2006 - Future Capital Holdings, the companys financial arm launches real
estate funds Kshitij and Horizon and private equity fund Indivision. Plans
forays into insurance and consumer credit. Multiple retail formats including
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Collection i, Furniture Bazaar, Shoe Factory, EZone, Depot and
futurebazaar.com are launched across the nation. Group enters into joint
COMPANY PROFILE
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Pantaloon Retail (India) Limited, is Indias leading retailer that operates multiple
retail formats in both the value and lifestyle segment of the Indian consumer
million square feet of retail space, has over 350 stores across 40 cities in India and
chain, blends the look, touch and feel of Indian bazaars with aspects of modern
retail like choice, convenience and quality and Central, a chain of seamless
destination malls. Some of its other formats include, Depot, Shoe Factory, Brand
Factory, Blue Sky, Fashion Station, aLL, Top 10, mBazaar and Star and Sitara.
Town, a large-format home solutions store, Collection i.e. selling home furniture
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FUTURE GROUP:
Future Group is Indias leading business group that caters to the entire Indian
consumption space. Led by Mr. Kishore Biyani, the Future Group operates
through six verticals: operates through six verticals: Retail, Capital, Brands,
Apart from Pantaloon Retail, the groups presence in the retail space is
apparel brands like Indigo Nation, Scullers and Urban Yoga, and Galaxy
Entertainment Limited that operates Bowling Co, Sports Bar, F123 and Brew Bar.
The groups joint venture partners include French retailer ETAM group, US-based
stationary products retailer, Staples and UK-based Lee Cooper. Group Company,
Planet Retail, owns and operates the franchisee of international brands like Marks
& Spencer, Next, Debenhams and Guess in India. The groups Indian joint venture
partners include, Manipal Healthcare, Talwalkars, Blue Foods and Liberty Shoes.
Future Capital Holdings, the groups financial arm, focuses on asset management
and consumer credit. It manages assets worth over $1 billion that are being
invested in developing retail real estate and consumer-related brands and hotels.
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The group has launched a consumer credit and financial supermarket format,
Future Money and soon plans to offer insurance products through a joint venture
The group is currently developing over 50 malls and consumption centers across
the country and has formed a joint venture company focusing on mall
companies .
Future Groups vision is to, deliver Everything, Everywhere, Every time to Every
Indian Consumer in the most profitable manner. The group considers Indian-
ness as a core value and its corporate credo is - Rewrite rules, Retain values.
Companys vision:
Future Group shall deliver Everything, Everywhere, Everytime for Every Indian
Companys Mission:
We shall infuse Indian brands with confidence and renewed ambition. We shall be
ensure that our positive attitude, sincerity, humility and united determination shall
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PARTNER COMPANIES OF PANTALOON
Home Solutions Retail (India) Ltd. (HSRIL) leads the groups foray in the home
retail formats like Home Town, Furniture Bazaar, Collection I, E-Zone, and
Electronics Bazaar.
Future Capital is the financial arm of the group and is involved in asset
management (both private equity and real estate funds) with plans to get into other
financial services including insurance, credit and other consumer related financial
services. Its associate companies are Kshitij Investment Advisory Co. Ltd.,
Indivision Investment Advisers Ltd., and Ambit Investment Advisory Co. Ltd.
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3. Indus league clothing Ltd. :
The group owns a majority stake in Indus League Clothing Ltd., one of the
brands include Indigo Nation, Scullers, Urbana, Urban Yoga and Jealous
The group owns a stake in Galaxy Entertainment Corporate Ltd. that operates
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The group is a joint venture partner in Planet Retail Holdings Ltd., which operates
sports, lifestyle and leisure retail chain. It also owns the franchisee and
distribution rights of brands like Marks & Spencer, Guess, Debenhams and Puma
in India.
2. Footmart Retail:
Footmart Retail is a joint venture with Liberty Shoes and is engaged in the
The group is a joint venture partner in CapitaLand Retail India, along with
investment funds.
LINE OF BUSINESS
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e telling
Having pioneered the retailing business in India, PRIL has now decided to
Buying products is a 3 step simple process. All one has to do is Search, Register
and Buy. Here you can expect a shopping experience akin to shopping at an
actual bazaar but with added simplicity & everyday low prices and an assurance
We are proud to inform you that Future Bazaar has been named as the Best
Future Bazaar won the top spot after beating other established players like
Rediff, Indiatimes, Sify, ebay, Indiaplaza, Chennai Bazaar and India Mall. The
award was presented to Future Bazaar for its "decent, no-nonsense approach,
2.Food
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Brew Bar: The Brew Bar is a classy and refined; yet reasonable an
Caf Bollywood: Indian street food but with assurance of highest levels of
Chamosa: Chamosa is a branded chain, which sell the local Indian snack
Food Bazaar: Life is all about good taste and food bazaar aims to ensure the
same. With the low prices, a wide selection of products and guaranteed
Sports Bar: A bistro focused on the world of sport, the Sports Bar is
3.Fashion:
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ALL: Shop big and shop for big, coz fashion just got a little larger! Fashion
Big Bazaar: If value for money is what drives your purchase; there can be
Blue sky: Accessories like never before....get the best in sunglasses and
Central: A showcase, seamless mall for all your needs. Located in the heart
Fashion station: Fashion Station takes fashion a notch higher in the value
Giny & Jony: Gini and Jony is a lifestyle brand with a radical approach to
kids fashion. The brand caters to an age group of 2 to 16 years, that is uber
Navaras: Navaras is a fine 22 carat pure gold and diamond jewellery brand,
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Lee Cooper: Regarded as a brand that is fun to wear and be associated with,
Lee Cooper offers the entire range of lifestyle products in fashions category
Top 10: Top 10 is based on the concept of the ever popular countdown
shows, where the trendiest styles get ranked from 1 to 10; the highest
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BOARD OF DIRECTORS
RESEARCH METHODOLOGY
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SYSTEMATIC because there is a definite set of procedures and steps which you
will follow. There are certain things in the research process which are always done
specific scope.
Objective of the Retail store Marketing was to make customers aware about the Sale
offers during Denim Exchange and EOSS i.e. End Of Season Sale provided by
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Pantaloon and also to achieve the Green Card target of Customer loyalty Program
during EOSS.
To provide extra privileges to Pantaloons Green Card customers - keeping in mind that
they get extra privileges not only inside the store of Pantaloons, but also outside the
store and to make the Pantaloon Customer Loyalty Program more powerful by doing
Makers.
To make Green Card Members realize that they are Special customers for the company.
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The methodology adopted for data collection for the marketing activities i.e. the
tie-ups with
Restaurants
Pubs
Saloons
Laundries
Societies etc was Primary Method because all this was done by meeting
Interview method.
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3.3TYPE OF RESEARCH
Research is one of the most important parts of any study and pertains to the
collection of information and knowledge. Marketing research is defined as the
systematic design, collection, analysis, and reporting of data and findings relevant
to a specific marketing situation facing the company. My project has been
developed on has basis of both exploratory and descriptive research. The research
process depends upon developing the most efficient plan for gathering the needed
information. Designing a research plan calls fro decisions on the data sources,
research approaches, research instruments, sampling paln, and contact methods
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3.4SAMPLING
Data Source
For this project both primary and secondary data were valuable sources of information.
Secondary data
Secondary data provides a starting point for any research and offers valuable sources of
already existing information. Secondary data are the easiest to gather and the cost of
collecting this data is also very low. For my project work it was collected through the
help of various directories of various associations, magazines, newspapers, websites etc.
The directories helped me in short lisitng people, for my target people.
Primary data
Primary data are data freshly gathered for a specific purpose. For my project work the
primary data was collected by means of survey though questionnaires.
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Contact methods
Once the client had been decided now my task was how to contact them, and for me there
only two ways of contacting them.
1. Personal interview:- this method was the most appropriate way of survey,
because by personal interview I came to know about their feeling for Axis
Bank.
2. Telephone:- This method was also used by me once or twice, keeping in
mind the busy schedule of a few respondents.
SAMPLE SIZE
Sample size was 100 including all restaurants, laundries, saloons, societies, pubs
etc.
SAMPLING PERIOD
Sampling Period given was just 20 days for all Green Card Customer Loyalty
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3.5 Limitations of Study
The study was based on a very modest sample size hence cannot be called as a
representation of the views and opinion of the majority.
In a rapidly changing industry, analysis on one day or in one segment can change
very quickly. The environmental changes are vital to be considered in order to
assimilate the findings.
The conclusion arrived at are based on a very less experience of researcher in this
field.
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The data given below was based on the questions which are asked during the survey.
Table No. 1:
Ads 33 33.0
Magazines 24 24.0
Friends 12 12.0
Internet 10 10.0
100
80
60 33 33% 21 21% 24 24%
40
20 1 2 3 12 12% 4 10 10% 5
0
Interpretation: From the above graph shows that 33% of the respondents came to know of
through ads, 24% of the respondents through magazines, 21% of the respondents through the
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existing customers and 12% of respondents from friends, 10% of respondents through internet.
The above graph explained that majority of respondents are Products ads and Magazines.
Q.2. What is your perception about Relocation Services of PANTALOONS IN NEW DELHI?
Table No. 2:
100 100.00%
90 90.00%
80 80.00%
70 70.00%
60 60.00%
43.00%
50 50.00%
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40 40.00%
26.00%
17.00%
30 30.00%
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14.00%
17
20 20.00%
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10 10.00%
0 0.00%
BEST GOOD Number of Respondent
ORDINARY NO COMMENT Column1
POOR WORST POOREST
0
0.00%
0
0.00%
0
0.00%
Interpretation:
The above graph reveals that best perception comes from 43%, 26% have good perception about
its Relocation services and rest by 17% have ordinary, 14% have poor perception.
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Q.3.: Customer Preferance with its channel of PANTALOONS IN NEW DELHI?
Table No. 3:
Interpretation: From the above graph shows that 44% of the respondents say superb, 14% Fair,
YES NO
40% 60%
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Interpretation: From the above graph shows that 40% of the respondents say YES, 60% NO, To
use PANTALOONS.
5. Do you think PANTALOONS IN NEW DELHI Services are more trusted than others?
YES NO
80% 20%
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NO; 20%; 20.00%
YES
YES; 80%; 80.00% NO
Interpretation: From the above graph shows that 80% of Customers thinks PANTALOONS
services are more trusted than others, and 20% customers thinks PANTALOONS services are not
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Percentage
Good price 10%
Better Services 64%
Easily available 16%
Diversified categories of Services 10%
Interpretation: From the above graph shows that 10% of the respondents say good price, 64%
say Better Services, 16% due to easily available and 10% respondents use its services due to
Years Percentage
1-2 Yrs 10%
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2-3 Yrs 10%
3-4 Yrs 16%
More Than 4 Yrs 64%
10.00%
10.00%
1-2 Yrs
2-3 Yrrs
16.00%
3-4 Yrs
64.00% More Than 4 Yrs
Interpretation: From the above graph shows that 10% of the respondents use its services 1-2
years, 10% respondents 2-3 years, 16% respondents 3-4 years and 64% respondents use its
Percentage
Excellent 60%
Good 10%
Fair 10%
Poor 10%
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Very poor 10%
10.00%
10.00%
Excellent
10.00%
Good
Fair
60.00% Poor
Very poor
10.00%
DELHI 60% say excellent, 10% say good, 10% say Fair, 10% say Poor and 10% say Very poor.
Percentage
Highly satisfied 53%
Satisfied 12%
Neutral 15%
Dissatisfied 20%
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20.00%
Highly satisfied
53.00% Satisfied
15.00%
Neutral
Dissatisfied
12.00%
Interpretation : The Above Graph Shows that 53% of customer Highly satisfied with its
services, 12% customer satisfied, 15% customer natural and 20% customer dissatisfied with its
services.
Percentage
Quality 52%
Attitute 42%
Cant Say 6%
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Interpretation : The Above Graph Shows that 52% of customer satisfied with its Quality, 42%
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From the above graph shows that Pantaloons gives individual customer attention.
rate the quality of Pantloons is excellent .
From the above graph shows mostly customer Pantaloons handle customers complaint
effectively.
From the above graph shows mostly customer think there is product section where
Pantaloons need to work on
From the above graph shows mostly customer are agree with Levis provide product for
all age group
5.2 SUGGESTIONS
From the above findings and analysis, following recommendations could be drawn:
Pantaloons should more aggressively tap the youth segment, which lies in the age group
between 18-25. The reason for the same is Pantaloons was ranked first in terms of the
overall brand image. Hence, Pantaloons has a scope to reach the top position and encase
through increase in sales.
Since most of customers buy twice a year (i.e. every 6months) or occasionally, and they
are not affected by the promotions, Pantaloons should aggressively advertise coupled
with effective sales promotions for improving customer recall and Brand.
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It was also found from the survey that colour range is low. This also limits preference
towards Pantaloons as a Clothing brand. This area should be properly looked after by
making available hosts of colours.
After sales service which is becoming the most critical success factor seems to be not
given due importance. .Proper after sales service can provide a competitive edge through
efficient customer relationship management
Pantaloons is becoming as premium brand in India. Hence, an economy product range
can also tap the unexplored middleclass range.
CONCLUSION
Through the research we can say that there is a impact of price income of a clothes brand on the
customer choice of brand. Also there is a strong correlation between price of the clothes and
customer satisfaction with the brand of clothes.
Pantaloons remains the Indias largest and best-known clothing company. However, it has
struggled in recent times to make its rich heritage relevant to the contemporary clothing market,
as consumers have been shifting to niche super premium clothing brand or fast fashion labels.
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Ongoing product innovation remains vital for Pantaloons to stand out from intensifying
competition. Seizing control of its retail distribution will also play a key role in maintaining its
market leadership position
BIBLIOGRAPHY:
1.) www.GoogleSearch.com
2.) www.merchandiseconcepts.com
3.) www.aboutretail.com
4.) Harris, E. & Strout, E. (2001). Keeping customers happy. Sales and Marketing
Management, April, 153(4), 69.
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6.) The benefits of customer surveys. Target Marketing, June, 20(6), 26.
7.) Book The One to one Future, Building Relationships with One customer at a
time. By Don Peppers and Martha Rogers.
8.) Consumer Insight How to Use Data and Market research to get closer to your
customer. By Merlin Stone, Alison Bond & Bryan Foss.
14.) Retailangel.com
QUESTIONNAIRE
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1.WHAT IS YOUR NAME
MALE
FEMALE
3.WHAT IS YOUR AGE
0 to 20
20 to 30
30 to 40
40 plus
4.WHAT IS YOUR MONTHLY INCOME RANGE
25,000 - 50,000
50,000 - 75,000
75000 plus
5.HOW OFTEN DO YOU SHOP AT PANTALOONS
ALMOST MONTHLY
QUATERLY
YEARLY
6.WHAT IS YOUR AVERAGE SPENDING AT THE STORE
500 to 1000
1000 to 1500
1500 to 2000
2000 plus
7.WHICH OF THE FOLLOWING SERVICES WOULD YOU LIKE TO BE INCORPORATED IN OUR
STORE
STYLING COSULTANCY
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HOME DELIVERY AFTER ALTERATION
8.ARE YOU READY TO DISBURSE EXTRA AMOUNT FOR STYLING CONSULTANCY
YES
NO
9.IF SO, HOW MUCH
less than 50
50 to 100
100 to 150
150 plus
10.ARE YOU READY TO DISBURSE EXTRA AMOUNT IF WE PROVIDE YOU WITH THE KIDS
PLAYING AREA
YES
NO
11.IF SO, HOW MUCH
less than 50
50 to 100
100 to 150
150 plus
12.ARE YOU READY TO DISBURSE EXTRA AMOUNT FOR HOME DELIVERY AFTER ALTERATION
YES
NO
13.IF SO, HOW MUCH
less than 50
50 to 100
100 to 150
150 plus
14.WHICH OF THE FOLLOWING STORES DO YOU FIND MOST ACCESSIBLE
PANTALOONS
SHOPPERS STOP
WESTSIDE
ANY OTHER
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