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SURVEY REPORT OF MARKETING

MANAGEMENT
BRAND NAME- PARK AVENUE

SUBMITTED BY – NANDAN (1720991088)

JAYTTI (1720991067)
RAGHAV (1720991119)
KARAN (1720991069)

AYUSH (1720991189)

SUBMITTED TO - MR. SAHIL GUPTA


ABOUT PARK AVENUE

Park Avenue (Raymond)

Parent Company Raymond Limited

Category Apparel and Accessories

Sector Lifestyle and Retail

Tagline/ Slogan Play the Lead

USP Innovation brand


SEGMENTATION TARGETING AND
POSITIONING

STP

Segment Formal wear for men and women

Target Group Young urban corporate men and women

Positioning Premium Stylish and innovative

STRENGTHS
1. Park Avenue boosts of a wide distribution network with presence in more than
580 'The Raymond Shops'
2.35 Exclusive Brand Stores of Park Avenue
3. Exclusive Woman brand stores and more than 400 Multi-Brand Outlets makes
easy availability
4. Park Avenue is the one of the leading brands in the men’s wear segment
5. The brand uses Aggressive advertisements and boasts of superior quality and
design
SERVQUAL DIMENSIONS
Servqual is a multi dimensional research instrument, designed to
capture consumer expectation and perception of a service along the
five dimensions that are valued to service quality.

Servqual dimensions at PARK AVENUE STORE

RELIABLITY- Yes, store gives the promised service dependably and


accurately. As our team entered one by one in store, and all of them
experience same service.

ASSURANCE- When our team members were looking for apparels, there
salesman was describing us about all the stuff and trying to manipulate
us and giving us trust about product.

TANGIBLE- There was variety of products we found, apparel, cosmetics


and perfumes.

EMPATHY- Our team found some gap in giving attention to the individual
customer.

RESPONSIVENESS – They were not taking action quickly, there was gap
in giving prompt service.
SERVICE QUALITY

As Park Avenue is one of the most trusted brand of India so we


expected a good service quality from them and yes, we got the
same. As our team entered the showroom they showed a good
response towards us and gave us full attention and explained
about their different kinds of products.

Service Quality Gap

The brand has a great image in our country and there service is
also according to that image but there are some gaps in there
service like as we entered there we noticed there was some
disarrangement of products. They were unable to give us
individual attention.
Conclusion

After observing all the aspects we have concluded that park


avenue has a good service quality but still there are some loop
holes in there way of managing the store by changing some of
there ways of handling there customers they can achieve more
profits .
Segmentation – The main focus of park avenue
store is on the formal wears both for men and
women. They have there different stores where
they use sale perfumes as there other chain.

Targeting- The main target of the park avenue is on


the corporate people which use to go office in
formal wears. As park avenue is doing really good in
case of targeting because it have combine share
with the Raymond which is marked as the quality
formal wears.

Positioning – The positioning strategy of park


avenue is really good because they made the
mindset of consumers that park avenue have
creative and innovative line of product. Quality is
other factor to which park avenue also stress that
why park avenue is successful in positioning there
product in the mind of consumers.

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