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This project was really a challenge for me but I learned a lot while
preparing this project. This report provides me a chance to study and
analyses the practical aspects of the topic (“Customer Relationship
Management at Big Bazar). It enhanced my knowledge in the field of
marketing. This project also gave me the chance to improve logical
thinking and interacting patterns.
This project high lightens the importance of Customer
Relationship. This project also highlights the attitude of customers and
the Big Bazar, The project deals with the various aspects of marketing.
The new customer relationship management of the company will develop
the mutual relation with future customers.
The Extract of the work is presented in this report under various
headings as, Introduction, Company’s Profile, Project Introduction,
Methodology, Data analysis, Suggestions and Conclusions.
1
INTRODUCTION OF THE TOPIC
The Indian retail industry is now beginning to evolve in the line with the transformation
that has swept other large economies. The liberalization of the consumer goods industry
initiated in the mid-80 and accelerated through the 90’s has begun to impact the structure
and conduct of the retail industry.
The concept retail which includes the shopkeeper to customer interaction, has taken many
forms and dimensions, from the traditional retail outlet and street local market shops to
upscale multi brand outlets, especially stores or departmental stores.
The objective being to assess the various parameters that influences a buyer to visit or
shop at departmental store thereby contributing to its turnover (in terms of sales and
profits) hence leading to its overall success.
The extensive research brought me to conclude that departmental stores are soon
emerging on the top priority lists, amongst the shopping spree in Delhi and NCR, as they
seem to derive immense pleasure of convenience and exposure to variety under one roof,
in their extremely busy lives, when they don’t have time for things.
Though some of the customers perceive departmental stores to be expensive and only
high income category’s cup of tea, the stores make constant efforts to induce them to at
least visit the store at once during the sale period, or discount offers.
2
The Retail Marketing Revolution - An Introduction
“Any business that directs its marketing efforts towards satisfying the final
consumer based upon the organization of selling goods and services as a means of
distribution”
By 2010, the list of India's top 10 retailers will have at least 5 Indian corporate. Retail
Marketing will go through a tremendous change in India this millennium. It will change
India's cities, its people, and its households. The Indian consumer is reportedly the largest
spender in Singapore and London. It is, therefore, strange that there have, so far, been
few efforts to present the product in the right kind of environment in India.
Indeed, the right shopping experience does induce Indian consumers to spend more. This
is evident from the experiences of retail-outlets like Music.
World, Big Bazaar, Spencer’s, Crosswords, The Home Store, Ebony, Bigjo’s, Saboos,
Standard, Nanz, Vijay Store and Janaki Das & Sons, Westside etc.
The development of organized retail is dependent on the efforts of several agencies and
institutions. A glimpse of the last 2 decades of the previous century proves illuminating.
Large-format retailing started with outlets like Vivek's and Nalli's in Chennai and
Kidskemp in Bangalore, and, at another level, with manufacturer-retail brands like Bata,
Bombay Dyeing, and Titan.
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Government:
The first among these is the government. In a country as big as India and with as many
states as ours, it is imperative that the Central government and all state governments
bring in Value Added Taxation or a unified taxation system to ensure that the tax-regimes
are the same across the country.
The laws governing retail real estate should also be looked into, so that it is possible to
develop retail-estate beyond the city-limits. Apart from providing entertainment and retail
opportunities, this will also decongest the city center and facilitate the development of
suburbs. The relevant rules should also be amended to allow retail-stores to operate 7
days a week, 12 hours a day.
Nuclear Families:
Given the hours most urban consumers keep at work, and keeping in mind the increase in
the number of nuclear families, this may, indeed, make sense. This will also help people
enjoy their evenings, out at malls.
Developers:
The second group, whose participation is essential in making retail a boom-sector in this
millennium, comprises developers. Most properties are developed without considering
the end user; thus, we sometimes find high-
Ceilinged offices and low-ceilinged retail stores. Often, the shopper's convenience is not
taken into consideration while the property is constructed.
Manufacturers:
There's a lot at stake here: even so early in the 21st Century, India is too large a market to
be ignored by transnational retail giants. From the manufacturing company's perspective,
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the focus should be on producing good products, and forging relationships with organised
retail. Manufacturers need to draw a plan of producing quality products and tie in with
retailers. Indeed, the birth of organised retail will also engender the creation of private
labels and store-brands. Thus, if a manufacturing company lacks the resources to build a
brand, it can supply to a retail-chain that has the resources to create a brand of its own.
Indian Consumers:
And even as these developments were taking place, the Indian consumer became more
mature. Customer-expectations zoomed. Thus, at the beginning of the New Millennium,
retailers have to deal with a customer who is extremely demanding. Not just in terms of
the product-quality, but also in terms of service, and the entire shopping experience.
Today, the typical customer who shops in a retail outlet compares the time spent at the
check-out counter with that at an efficient petrol station, and the smile of the counter-
person to that decorating the face of a Jet Airways' crew member. To cope with the new
customer, manufacturers have to focus on product quality and brand building. And
retailers, in turn, have to focus on the quality of the shopping experience.
In this millennium, like in the last, customers will want to spend time with their family
and friends. They may like to visit an outlet on weekends where everything will be
available under one roof. India will benefit from these developments
Retail organizations exhibit great variety and new forms keep emerging. There are store
retailers, non store retailers, and retail organizations.
Consumers today can shop for goods and services in a wide variety of stores. The best-
known type of retailer is the department store. Japanese department stores such as
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Takashimaya and Mitsukoshi attract millions of shoppers each year. These stores feature
art galleries, cooking classes, and children’s playgrounds.
The success of the retail stores, therefore, depends on customers’ reaction to the retailing
mix which influences the profits of the store, its volume of turnover, its share of the
market, its image and status and finally its survival.
At this point, I can summarize the main development retailers and manufacturers need to
take into account as they plan their competitive strategies.
In India the trends are mainly in three sectors. These sectors are:
New retail forms and combinations continually emerge. Bank branches and ATM
counters have opened in supermarkets. Gas stations include food stores that make more
profit than the gas operation. Bookstores feature coffee shops.
The electronic age has significantly increased the growth of non store retailing consumers
receive sales offers in the mail and over television, computers, and telephones, to which
they can immediately respond by calling a toll-free number or via computer.
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Competition today is increasingly intertype, or between different types of store outlets.
Discount stores, catalog showrooms, and department stores all compete for the same
consumers. The competition between chain superstores and
Smaller independently owned stores have become particularly heated. Because of their
bulk buying power, chains get more favorable terms than independents, and the chains’
large square footage allows them to put in cafes and bathrooms.
Today’s retailers are moving toward one of two poles, operating either as mass
merchandisers or as specialty retailers. Superpower retailers are emerging. Through their
superior information systems and buying power, these giant retailers are able to offer
strong price savings. These retailers are using sophisticated marketing information and
logistical systems to deliver good service and immense volumes of product at appealing
prices to masses of consumers.
Many retailers are even telling the most powerful manufacturers what to make; how to
price and promote; when and how to ship; and even how to reorganize and improve
production and management. Manufacturers have little choice: They stand to lose 10 to
30 percent of the market if they refuse.
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Retail Marketing In India
These three are among the most common ways of making the goods available to
consumers. But in India the three layered system of distributor, wholesaler and retailer,
forms the backbone of the front-end logistics of most of the consumer-good companies.
There are a number of reasons behind this fragmented retail market. Some of the major
reasons being:
8
CRM In Retail Marketing( Big Bazaar)
Customer relationship activities have the most impact on customer retention. Every
customer service encounter has the potential to gain repeat business or have the opposite
effect. The expectation of personalized, relevant offers and service is becoming a primary
driver of customer satisfaction and retention in financial services.
"CRM is the business strategy that aims to understand, anticipate, manage and
personalize the needs of an organization's current and potential customers" --
PWC Consulting .
CRM is a business strategy, one that puts the customer at the heart of the
business.
“That’s nothing new” I hear you say, and you would be right. Good business
people have always understood the relationship between happy customers that
come back again and again and creating long term, sustainable profitability. Big
Bazaar has realized this and applied this to effect.
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One just needs to think of the local shop owner who knew everyone of his customer’s
names, birthdays and particular ailments to prove that point. What is new is that there
now exists the technology to enable this customer-centricity on a much larger scale.
It is said that a successful CRM implementation will allow your Customer Service, Sales
and Marketing people (and anyone else in your organization) to have a holistic view of
each and everyone of your customers. In theory this will enable them to make quick,
informed decisions, create cross selling and up selling opportunities, measure marketing
effectiveness and deliver personalized Customer Care. Sound’s great doesn’t it !!!
Following on from Enterprise Resource Planning or ERP (the business strategy that
promised to automate the “back-office”), the term CRM was first coined in the mid-
1990s. CRM in those days referred to the software used to help businesses manage their
customer relationships. From sales force automation software (SFA) that focused on
customer contact management to integrated knowledge management solutions, these
were the early foundations of CRM.
The last couple of years have seen the term broaden to encompass a more strategic
approach and the investment of billions of dollars worldwide into CRM solutions and
services has followed.
Successful CRM always starts with a business strategy, which drives change in the
organization and work processes, enabled by technology. The reverse rarely works. The
key here is to create a truly Customer-Centric philosophy that touches every point and
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more importantly every person in the company. From CSR to CEO everyone must live
and breathe customer focus for all of this to work.
It is estimated that the global market for CRM services and solutions is currently worth
$148 billion. That means a lot of choice when selecting your technology - from web-
based solutions aimed at small businesses with less than 10 employees to solutions
suitable for multi-national enterprises with millions of customers.
The Future
CRM has already made a big impact in the world of Customer Service and will continue
to do so. As more and more companies become customer-centric those that fail to do so
will lose competitive advantage. As technology increases to develop at a startling rate the
key emphasis will be how we can fully utilize it within our business.
However let's not lose sight of the fact that Customer Relationship Management is about
people first and technology second. That’s where the real value of CRM lies, harnessing
the potential of people to create a greater customer experience, using the technology of
CRM as the enabler.
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By applying this methodology Big Bazaar learned more about customers' needs and
behaviors in order to develop stronger relationships with them. They implemented CRM
as a process that brought together lots of pieces of information about customers, sales,
marketing effectiveness, responsiveness and market trends.
CRM helps businesses use technology and human resources to gain insight into the
behavior of customers and the value of those customers.
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Customer Satisfaction Is Big Bazaar
“The degree of customer satisfaction you deliver determines the level of long-term
success you will achieve in business.” - --- Training Mantra for Sales Force
Don't just make sales. Create customers - satisfied customers. In addition to the
immediate profit they provide on the first sale, satisfied customers help you build your
business in 2 other important ways:
1. They become a reservoir of repeat buyers. For some businesses that means repeat
buyers for more of the same product or service. For every business, it means
buyers for additional products and services.
2. They automatically refer more business to you from their friends and business
contacts. This is highly profitable business for you because it doesn't cost you any
time or money to get it.
Never make any promises you can't (or won't) keep. Nothing alienates customers faster
than getting something less than they expect from a business transaction. They won't do
business with you again. And they will tell everybody they know about their unhappy
experience - causing you to lose future customers.
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Always Give Customers More Than They Expect
"Over deliver" on quality and service. Always exceed your customers' expectations. You
will win their long term loyalty. It also makes it difficult for competitors to steal
customers from you - even if they have lower prices. Customers will not risk an uncertain
experience with a competitor when they know they will get more than they expect from
you.
Let your customers know you are always thinking about them. Communicate with them
regularly. For example, create some special deals just for your existing customers. And
announce new products or services to them before you announce them to the general
market.
PROCESS OF CRM
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ratings. Customers can also be sent e-mails that market targeted products.
Marketing the right products to the right customers can significantly increase a
business' sales with minimal associated costs.
CONSUMER BEHAVIOR
Brands: Consumers who think about the possibility that their purchase
decisions will be wrong are more likely to choose better known brands. In a
test case, Simonson showed that consumers debating between a better known,
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more expensive brand and a lesser-known, less expensive brand expect to feel
greater regret if they err by choosing the cheaper option. Indeed, after thinking
about the possibility of regret, consumers were more likely to select the better-
known brand. Kodak film has capitalized on this finding with an advertising
campaign that asks consumers to consider how they would feel if they bought
cheap film and their pictures didn't turn out.
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1.5 SWOT Analysis of Big Bazaar
Strength
Prime location
Large floor space allowing for better visual merchandising
Large area also allows to stock a large variety of products under one roof
Experienced and competent management
Highly trained and motivated sales force
Brand equity
Large scale operations in various cities throughout the country allows them to
reap the benefits of “economies of scale”
Weakness
Opportunities
Apart from the metros, cities like Ahmadabad, Pune, Lucknow, Indore and
Coimbatore have shown substantial retail presence. Most sport modern retail
formats like supermarkets, department stores and specialty chains. These
markets are expected to show exponential growth in the next few years. Thus
Food Bazaar has the opportunity to explore new markets
17
According to the Consumer Outlook study, consumers are generally satisfied
with the service that organized retailers extend to them. More importantly,
they are increasingly regarding these organized retailers as providing `value-
for-money’. These findings indicate that large retailers will capture most of
the higher consumer spending
Increasing penetration of the internet into Indian homes has provided Food
Bazaar Mall to break the geographical barriers and to increase their customer
base. The entry into online retailing, would, in fact, expand the product
categories available to the consumer
Threats:
The time when retailers had to worry about competition only from their peers
down the street has come to an end. Food Bazaar is now facing increased
competition in the form of international retail chains that are making a beeline
towards the highly potential Indian markets. Moreover many big Indian
business houses are also vying a space in the Indian retail scene .
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Company profile
prominence in Indian retail and fashion sectors. Big Bazaar is also the
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At Big Bazaar, you will definitely get the best products at the
best prices - that's what we guarantee. With the ever increasing array
of private labels, it has opened the doors into the world of fashion and
cutlery, sports goods and much more at prices that will surprise you.
And this is just the beginning. Big Bazaar plans to add much more to
Offer Zone
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21
22
OBJECTIVE OF THE STUDY
PRIMARY OBJECTIVES:-
SECONDARY OBJECTIVES:-
To Study the customers opinion towards the services provided by the company.
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Research Methodology
Sample Design
Research Design is purely and simply they frame work or plan for a study that guides the
collection and analysis of the data , It is concerned with describing the characteristic of
particular individual or a group. The main purpose of this research is to describe the
Sample size
exact sample size can be mentioned here and it can vary in different research settings.
However, all else being equal, large sized sample leads to increased precision in
Sampling method
probability sampling method that relies on data collection from population members who
type of sampling where the first available primary data source will be used for the
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In business studies this method can be applied in order to gain initial primary data
Data Collection Method: The data was collected from different sources and of different
types. Self administered questionnaire containing both close an open ended questions was
used for data collection. The initial study of the product was done online and the data
collected for it was from the company’s website “www.bizbazar.com“. Some secondary
data was collected from web site This site gave opinions from different people.
25
DATA ANALYSIS AND
INTERPRETATION
CUSTOMER SURVEY
60.00%
52.00%
50.00%
40.00%
32.00%
Yes
30.00%
No
Cant Say
20.00% 16.00%
10.00%
0.00%
Yes No Cant Say
Result:
From the above table it is clear that customers are satisfied with the services of Big
Bazaar because out of 100 customers 52.00% has given the positive answer in favor of
Big Bazaar.
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2. How do you find the Shopper Assistant’s behavior?
70.00%
66.00%
60.00%
50.00%
40.00%
Helping
Not Helping
30.00% Rude
20.00% 18.00%
16.00%
10.00%
0.00%
Helping Not Helping Rude
Result:
From the above table it is clear that customer are satisfied with the attitude of the
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3. How would you rate the Shopper Assistant’s behavior on the scale of
five?
50.00%
46.00%
45.00% 42.00%
40.00%
35.00%
5
30.00%
4
25.00%
3
20.00% 2
15.00% 1
12.00%
10.00%
5.00%
0.00% 0.00%
0.00%
5 4 3 2 1
Result:
Out of 100 customer,46.00% customer have given the 5 marks to shopper . Assistant
behavior while 42% has given 4 marks & 12% has given 3 marks
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4. Do you find the Layout of Food-Bazaar helpful in Shopping Experience?
60.00%
50.00% 48.00%
44.00%
40.00%
Yes
30.00%
No
Cant Say
20.00%
10.00% 8.00%
0.00%
Yes No Cant Say
Result:
Out of 100 customers, 44% have told that they like the layout of Big Bazaar while 48%
told that they do not like very much rest 8% were neutral to the statement
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5. What do you like most about Big-Bazaar ?
60.00%
52.00%
50.00%
40.00%
30.00% 28.00%
Credit Facility
20.00%
20.00% Transportation Facility
Delivery Services
10.00%
0.00%
Result:
Out of 100 Customer, 52% customers like delivery services of Big Bazaar
while 28% customers like the credit facility& 20% customers like
transportation facilities. So it is clear that customer wants delivery services
most.
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6. How often do Big-Bazaar services exceed your expectations? (Customer
Delightness)
80.00%
72.00%
70.00%
60.00%
50.00%
Always
40.00%
Sometimes
Never
30.00%
22.00%
20.00%
10.00% 6.00%
0.00%
Always Sometimes Never
Result:
Out of 100 Customers ,72% customers said that Big Bazaar always provide
better services & it exceed their expectation.
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7. Do you think that Big-Bazaar follow the ethical Mktg. Practices like right
pricing, right quality and right quantity?
70.00%
60.00%
60.00%
50.00%
40.00%
36.00% Yes
No
30.00% Cant Say
20.00%
10.00%
4.00%
0.00%
Yes No Cant Say
Result:
Out of 100 customer, 60% customers have told that Big Bazaar following
the ethical marketing practices.
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8. What comes first when you think about Food–Bazaar?
60.00%
56.00%
50.00%
44.00%
40.00%
30.00% Price
Quality
20.00%
10.00%
0.00%
Price Quality
Result:
Customer said that when they think about Big Bazaar they think about
price. out of 100 customer 56% customer believes that they think about price
and rest 44% given preference to quality.
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9. How would you rate theme–setting display of Food-Bazaar in comparison
to other?
60.00%
52.00%
50.00%
40.00%
34.00% Excellent
Good
30.00%
So-So
bad
Worst
20.00%
10.00% 8.00%
4.00%
2.00%
0.00%
Excellent Good So-So bad Worst
Result:
Out of 100 customers, 34% customers said that Food Bazaar theme is
excellent while 52% customers said that it is good & 8% customers said that
it is ok while 4% feels its bad and 2% believed its worst.
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RETAILOR SURVEY
10. What is the most important criteria of selection for their Store Assistant
and Store Manager?
45.00%
40.00%
40.00%
35.00%
30.00%
30.00%
25.00%
0.00%
Result:
Above graphical Presentation shows that 40% has given importance to the
commitment, 30% given preference to good communication skills, 18% says
team work and 12% pleasing personality.
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11. Do you display all the entire stock on the rack or some amount is kept
for contingence? (Inventory availability)
70.00%
64.00%
60.00%
50.00%
30.00%
30.00% Applicable to some
products
Only to FMCG
20.00%
10.00% 6.00%
0.00%
Applicable to Applicable to Only to
all products some FMCG
products
Result:
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12. How do you decide of point of purchase counter?
70.00%
60.00%
60.00%
50.00%
40.00%
30.00% Brand
20.00% Price
20.00% Customer P{reference
12.00%
8.00% Product Visibility
10.00%
0.00%
Result :
60% has said they use the customer preference for point of purchase
counter while other said that they use brand &product visibility.
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13.What is the preference order for promotional activity to create customer
awareness?
60.00%
50.00%
50.00%
40.00%
NewsPaper
30.00%
30.00% Radio Jingle
Advertising
Banner
20.00%
16.00%
10.00%
4.00%
0.00%
NewsPaper Radio Jingle Advertising Banner
Result :
Above data revealed that 50% respondents says that they use Newspaper as
their main tool for promotion.
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14. How would you analyse the customer satisfaction?
70.00%
60.00%
60.00%
50.00%
40.00%
Repeat Purchase
Loyalties
30.00% 28.00%
Customer Database
20.00%
12.00%
10.00%
0.00%
Repeat Loyalties Customer
Purchase Database
Result :
60% retailer said that they get the customer satisfaction by customer
database while other have said that they use data of number of repeat
purchase.
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15. What is your method of analyzing customer satisfaction?
60.00%
50.00%
50.00%
Feedback
40.00%
32.00%
30.00%
Repeat Purchase
20.00% 18.00%
10.00%
Interaction with
Customer
0.00%
Feedback Repeat Interaction with
Purchase Customer
Result :
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Findings
1. Most of the stores are targeting almost all the segments of the society with their USP
being “Price benefit”
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SUGGESTIONS
1) Convert your customers into publicity agents. Develop an incentive for them to tell
associates and friends about the value of your products or services. An endorsement
from them is more effective than any amount of advertising - and it is much cheaper.
2) Surprise your customers with unexpected value. If you sell products, include an
"unadvertised bonus" with every order. If you sell services, get into the habit of doing
something extra for every customer or client without charging for it.
3) Reward them each time they refer someone who becomes a customer. Your reward
can be as simple as a credit toward their next order from you.
4) The management of Big Bazaar can improve their understanding of the role and
capabilities of advertising to improve customer relation and enhance loyalty. This
understanding should in turn results in a more effective and more efficient advertising
campaign.
5)Visual Merchandising: It is often seen that the people come to the store to browse
rather than buy.
6) Schemes: In store Promotions: The people visiting the store should be encouraged
to visit the store again and again. So it is necessary to delight the shoppers with the
shopping experience. It has been observed in
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LIMITATIONS
Every attempt will be taken to obtain the error free and meaningful result but as
nothing in this world is 100% perfect I believe that there will still the chance for error on
organization
The study is focused on a very general level rather than a full scale detailed
report.
There were a lot of breaks and hindrances while the study took place.
The study is not necessarily the solution to the problem that exists.
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CONCLUSION
“Customer Service is a critical factor for keeping your clients coming back and ensuring
they’ll refer you to others”.
1: Growing your business will be a difficult task at best if you don’t perform, meet
and exceed your client’s expectations, and provide service that creates customers for
life.
2: Customer service is all about the customer’s perception. You have to do more than
just get the job done. You must deliver on all the things (big and small) that affect the
relationship with your client. Consider opportunities for improvement in the
following areas.
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5: Organization: Are you organized? Punctual? Reliable? When you show up to work
with your clients, have you done the work and are you prepared to make them feel
comfortable and taken care of? Even though you’ve done it hundreds, maybe
thousands of times before, do you take the time to organize and prepare to make it the
best client experience possible?
6: Committing to the Little Things: Don’t ever dismiss the power of all the little
things. Together they can make all the difference and really separate you from the
competition. Returning calls and emails in a timely manner. Providing useful
information to folks on a regular basis. Showing appreciation for your clients through
things like thank you notes, exclusive client-only briefings, and open house, etc.
Clearly these are not the only relevant areas for creating great customer service, I
assure you. But these were some of the Factors which might Provide a boost to the
sales figures, though I am sure the organization would have already implemented
most of these measures already.
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Bibliography
WEBLIOGRAPHY
www.bizbazar.org
www.google.com
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QUESTIONAIRE ON CUSTOMER-RELATIONSHIP
MANAGEMENT IN RETAIL-SECTOR (BIG BAZAAR)
CUSTOMER BASED SURVEY
3.How would you rate the Shopper Assistant’s behavior on the scale of five?
5 4 3 2 1
DELIVERY SERVICES
8. Do you think that Food-Bazaar follow the ethical Mktg. Practices like right pricing,
right quality and right quantity?
47
9 What comes first when you think about Food–Bazaar?
PRICE QUALITY
NAME…………………………. ADDRESS………
48
QUESTIONAIRE ON CUSTOMER-RELATIONSHIP
MANAGEMENT IN RETAIL-SECTOR (Big BAZAAR)
RETAILOR BASED SURVEY
1.What is the most important criteria of selection for their Store Assistant and Store
Manager?
2.Do you display all the entire stock on the rack or some amount is kept for contingence?
3. Rate the following options as per your priorities while deciding the layout for store?
5. What is the preference order for promotional activity to create customer awareness?
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8. What is the training methodology used to enhance customer satisfaction in your
employee ?
50