Beruflich Dokumente
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Consumers Attitude towards the Superstore Shop
PREPARED FOR:
PREPARED BY:
Parag Dutta
ID # 2009-2-95-111
Benzir Ahmmad
ID # 2009-2-95-050
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Consumers Attitude towards the Superstore Shop
Dear Sir
Sincerely,
________________ ________________
Parag Dutta Md. Moshiul Alam
ID # 2009-2-95-111 ID # 2009-1-95-132
_______________
Sayed Enamul Hasan Benzir Ahmmad
ID # 2009-2-95-034 ID # 2009-2-95-050
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Consumers Attitude towards the Superstore Shop
ACKNOWLEDGEMENT
For helping to make this project, first we would like to thanks the Almighty
and our parents. We would like to specially thank our Honorable teacher Dr.
Md. Humayun Kabir Chowdhury, Course Instructor, Marketing Management
Professor, East West University for helping us to make this report. We also
thank to our friends, they gave us many idea and information. It is great
experience for us in light of the course “Marketing Management” which has a
great significance & a great importance as an emerging & flourishing sector
in the global business arena. We strongly believe works like this one will
surely help us to develop & make us better adapted as well as capable to
coup with the issues & practical exposures in this field as well as to the
whole of different business forms that are getting pace.
We would like to thank those persons who help us to make this report.
Our special thanks to our lab stuffs of East West University. They helped us
very much to collect data and make the report. They gave us the chance for
taking idea. Without their help we could not able to prepare this project.
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Consumers Attitude towards the Superstore Shop
TABLE OF CONTENTS
Page
Chapter 1: Introduction 8 to 10
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Consumers Attitude towards the Superstore Shop
4.5 Conclusion 30
Reference 31
Appendix 32
Questionnaires 32-34
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Consumers Attitude towards the Superstore Shop
Executive Summary
Super Store business is one of the popular businesses in the world. People
are considering frequent shopping through them. So in course of time and
with the growth rate of population and also appeal for high standard living,
Super Store business is growing in a high pace.
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Consumers Attitude towards the Superstore Shop
Chapter 1
Introduction
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Consumers Attitude towards the Superstore Shop
The scope of the study is to identify the evaluation of consumers towards the
various super stores. This project helps us to have a clear view about how a
consumer perceives a product. This will help us to evaluate the consumer’s
attitude and learn to design the Marketing Strategy.
The basic objective of study was to focus on the basic of expectancy value.
The objectives of the project are as follows:
To have an idea how a consumer evaluates the products or
services by combining their brand beliefs.
To have an idea about the consumer attitude towards a specific brand.
Research methodology includes the source we have used to collect the data.
The data that we have used for research purposes mainly of two types-
primary or raw data and secondary data or published source.
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Consumers Attitude towards the Superstore Shop
We have collected the secondary data from the internet, articles and
related books of marketing.
1. Likert Scale
2. Fishbein model
1.8 Limitation of the study
We have tried our level best to work on Expectancy Value model and tried to
find out vast outcomes on our concerned topic. To complete this work we
have tried to go through in details about the Expectancy Value Model. Our
honorable teacher has given us the guidelines for completing the project.
Though our teacher helped us to solve the project, but still we couldn’t
ignore some drawback and limitations. Those limitations are as follows:
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Consumers Attitude towards the Superstore Shop
Not all the sampling unit had clear view about the superstore.
In spite of these, we tried our best to overcome other limitation and to give
the best of us. We are thankful to our faculty and fellow mates who also
helped us to finish this project.
Chapter 2
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Consumers Attitude towards the Superstore Shop
The idea of all essential commodities under one roof is the driving force
behind the success of supermarket business in Bangladesh, which saw
around Tk.200 corer investments in the last five years. Superstores are set
to boom in the country as the current market players are planning to open
several hundred more outlets in the next few years to cope with the rising
demand from the consumers.
The annual turnover of the superstores now stands at around Tk 15.0 billion
(1500 crore), according to Bangladesh Supermarket Owners Association
(BSOA).
But a decade ago, the trade was in the hands of thousands of small retailers
in the wet markets and grocery shops in cities and remained out of the focus
of business conglomerates.
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Consumers Attitude towards the Superstore Shop
In the last eight years, many small and big supermarkets made debut in the
trade to attract middle and upper middle class consumers, a section of who
are shifting to the chain stores from the wet or kitchen markets.
We have chosen four main superstores from the whole supermarket industry.
We select those who offer all kind of necessary products including staple
products, food products. Our project will cover various aspects of Agora,
Meena Bazar, Nandan, and PQS.
Dhaka-based Agora with its four outlets, Meena Bazar with eight branches,
PQS with five stores and Nandan with three outlets are the major players in
the market.
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Consumers Attitude towards the Superstore Shop
Agora mainly focuses on food items - ranging from a wide variety of fish,
meat, vegetables, fruits, bakery, dairy, and grocery - it also carries a vast
array of other household, grocery, personal care, and miscellaneous
products. At any point in time, there are nearly 20,000 different products
available at Agora.RSL is committed to sustaining and growing as the most
trusted, loved, and frequented retail chain.
Product Categories:
Beverage
Fish
Fruit
Meat
Vegetable
Confectionary
Baby products
Basic Households
Paper accessories
Outlet:
Agora has four outlets all over Dhaka situated in Dhanmondi, Gulshan, Mirpur, and
Moghbazar. It has placed its outlets in the prime centers of city which seems to be
much convenient to customers. Agora has also started their journey in Chittagong and
Sylhet too.
Offering:
Agora has some Promotional activities which maintain its appeal to the existing and
potential consumers. It has regular promotion of services, existing & new products in
daily newspaper to keep consumers aware of the available products. Also Agora has
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Consumers Attitude towards the Superstore Shop
some exclusive seasonal offer, price reduction, sales promotion to attract the
consumers as well. Many exclusive products like perfume, households and fresh basic
foods are available in Agora which is priced higher than traditional market. Mainly
Agora supplies many unusual unseasonable items which they priced higher because of
the product unavailability in outside.
Meena Bazar, which started its journey in 2002, has already extended its
business to Khulna. The company has taken up a three-year plan to open
outlets in Chittagong and Sylhet and at eight points in Dhaka.
Product Categories:
Beverage
Fish
Fruit
Meat
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Consumers Attitude towards the Superstore Shop
Vegetable
Basic household
Exclusive shirt, tie, shoes
Accessories
In house product like sweet, yogurt, herbal product.
Outlet:
Offering:
One of them is Nandan Mega Shop. Nandan Group, with their first retail
outlet, Nandan Mega Shop, brought the like of Sainsbury’s in Bangladesh in
the Year 2002. From 2002 they continue running their business successfully.
They have a wide product verity and also give their customer quality product
and service.
Product Categories:
Meat
Fish
Fruit
Beverage
Vegetable
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Consumers Attitude towards the Superstore Shop
Basic household
Shoe
Musical CD, DVD
Medicine
Price:
The price of the product is including VAT. But sometimes they give various
types of discount on the products. They follow company retail price for
other’s goods. Sometimes sale goods below market price
Outlet:
They have 3 outlets in the Dhaka city. Those are Dhanmodi, Gulshan, Kakrail
and Uttara. They are going to launch their own website very soon.
Offering:
To hold the present customer and catch the potential buyer, they offer
various types of promotional activities. Like in Eid, 1st boishak festival, Puja
etc. Arrange various types of festivals, weekends, 5 day long discount etc on
their product.
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Consumers Attitude towards the Superstore Shop
Product Categories:
Meat
Fish
Fruit
Beverage
Vegetable
Shoe
Dress
Hand bag
Showpieces
Toys for kids
Outlet:
They have now five outlets at Uttara, Shanti Nagar , Dhanmondi,Gulshan and
the other one is in Elephant Road
Offering:
They make offer by colorful festoons and promotional poster hung in and
outside the shop, along with gimmicks like raffle draw in various occasion.
Like Eid, puja etc.
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Chapter 3
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Consumers Attitude towards the Superstore Shop
n
A =∑bi ×ei
i =1
Here,
bi= beliefs
ei= evaluation
As we have decided to go for Super Store industry for our research purpose.
So finally we have selected four leading Super Store, which are as follows.
• Agora
• Meena Bazar
• Nandan
• PQS
Evaluation Process:
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Consumers Attitude towards the Superstore Shop
A= ∑ b e
Where, A= Attitude
b = Believe
e = Evaluation
Major attributes:
1. Quality
2. Price
3. Variety
4. Availability
5. Location
1. very Good = 5
2. Good =4
3. Neutral =3
4. Bad =2
5. Very Bad =1
Findings
Below are the findings of the analysis using survey data:
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Here the value of Quality for Agora = 4.07 means this is the average value of
the 30 respondents given response. It means people selected different level
of Likert scale and those value i.e. 1, 2, 3, 4, 5 whatever represents their
response is recorded for each attribute and then divided by 30 to get the
average value of that attribute.
Based upon market analysis and personal experience; we have set the
following weight (bi) of different attributes which is done dividing 100 scale
into several parts.
Weight (bi)
Quality Price Variety Availability Location Total
30 25 20 15 10 100
We used the 5 points Likert scale to measure the consumer feedback against
different Super Shop products:
very Good Good Neutral Bad Very Bad
5 4 3 2 1
n
Ao =∑bi.ei
i=1
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Calculation:
Attributes Result
Super Shop
Names Quali Varie Availabili Locati Total
Positio
Price Point
ty ty ty on ns
s
104.2
1st
Agora 122.1 5 78.6 64.05 40.7 409.7
406.2
2nd
Meena Bazar 125.1 95 85.4 61.05 39.7 5
Nandan 114 105 80 60 39.7 398.7 3rd
PQS 114 99.25 82.6 63.45 38 397.3 4th
Here suppose for Agora; previously we got the attributes value (ei) 4.07 for
Quality; and we set weight (bi) = 30 for Quality; so we multiplied attribute
value ei and weight value (bi) and got 122.1. In similar ways, we calculated
the value for each Super Shop’s different attribute. After that, based upon
the total point we have got the positions of each Super Shop among them.
From the above analysis we found that Agora posses the top position in
consumers mind while they consider different Super Shop to purchase while
as Meena Bazar, Nandan and PQS posses 2nd, 3rd and 4th position
respectively.
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Chapter 4
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Consumers Attitude towards the Superstore Shop
Strength:
• When it comes about the price factor, Agora is very competitive among
the super shops.
• Product availability feature is another key attribute for attracting
consumer specially the loyal users. Here agora is ahead than other
super shops which means when a user go to their shop, they find their
desired product available in desired size and models.
Weakness:
• According to the analysis, Agora obtained second highest point about
maintaining their quality. This means they need to work out more in
this sector.
• In product variety, Agora’s situation is really bad. According to the
analysis, agora’s product variety is lowest. So they need to concentrate
in this factor more.
Recommendations:
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Consumers Attitude towards the Superstore Shop
Strength:
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Consumers Attitude towards the Superstore Shop
• Only Meena bazaar has in-house products like cosmetics, skin care
products.
Recomendation:
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Consumers Attitude towards the Superstore Shop
Strength:
• From the survey we find that Nandan offers a competitive price. For
which a number of customers go to Nandan, rather than other super
shops.
Weakness:
• Nandan is lack behind offering quality products in wide range of
variety.
• Even the availability of products is Nandan is not competitive than
other leading supershop.
• Nandan only have two branches in Gulshan and Dhanmondi. That is
another problem for them to catch up potential & new consumers.
Recomendations:
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• For setting their strategy they can choose any of the following
strategy:
o Counterfeiter: As being a market follower, Nandan can easily take
the strategy of counterfeiter. They can follow the product line of the
market leaders like Agora or challenger like Meena Bazar.
Findings:
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4.5 Conclusion:
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Consumers Attitude towards the Superstore Shop
Reference:
1. Marketing Management 11th Edition- Philip Kottler & Kavin Lane Keller
www.agorabd.com
Newspaper Articles
Internet
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Appendix
Questionnaire:
Assessment Scale:
5 4 3 2 1
Very Good Good Neutral Bad Very Bad
1) Does Agora maintain the standard procedure to control the quality of the
product?
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6) Does Meena Bazar maintain the standard procedure to control the quality
of the product?
7) Do you think the price of the products in Meena Bazar is reasonable and
competitive?
11) Does Nandan maintain the standard procedure to control the quality of
the product?
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Consumers Attitude towards the Superstore Shop
12) Do you think the price of the products in Nandan is reasonable and
competitive?
16) Does PQS maintain the standard procedure to control the quality of the
product?
17) Do you think the price of the products in PQS is reasonable and
competitive?
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