PROJECT REPORT ON “COMPERATIVE ANALYSIS ON MALL MANAGMENT” Submitted in partial fulfillment of the Post-Graduate Diploma in Retail Management PGDRM) Programme Submitted To: IILM-GSM GREATER NOIDA Submitted by: Prashant Kumar Rai Roll No. FT (RM)-08-117 Bat ch: 2008-10
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PROJECT REPORT
ON
“COMPERATIVE ANALYSIS ON MALL MANAGMENT”
Submitted in partial fulfillment of the Post-Graduate Diploma in Retail Management PGDRM) Programme
Submitted To:
IILM-GSM GREATER NOIDA
Submitted by: Prashant Kumar Rai
Roll No. FT (RM)-08-117 Batch: 2008-10
COMPERATIVE ANALYSIS ON MALL MANAGMENT
PREFACE
Practical Knowledge is an important suffix to theoretical Knowledge one
cannot merely depend upon the theoretical Knowledge. Classroom
lectures make the fundamental concept of Management clear. They also
facilitate the learning of practical Things. However, Classroom lectures
must be correlated with the Practical training situations. It is in the sense
that practical training in a company has a significant role to play in the
business management.
Management in India is heading towards a better profession as
compared to other professions. The demand for professional managers is
increasing day By day. To achieve profession competence, manager ought to
be fully occupied with theory and practical exposure of management.
A comprehensive Understanding of the Mall Management will
increase our Decision making ability and sharpens our view for this purpose.
As an essential part of our course, I got the privilege to have a project
on: Comparative Analysis on Mall Management.
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COMPERATIVE ANALYSIS ON MALL MANAGMENT
ACKNOWLEDGEMENT
This project report is a result of endless effort & immense degree of
toil by many great minds. It was pleasure to work in with. MR. Abhijit Sen,
Sales Manager, IRPPL & TGIP, NOIDA.
I would like to thank all those people who graciously helped me by
sharing their valuable time, experience & knowledge. I would like to express
heartiest thanks to our company guide MR. Tauseef Jamal, Sales
Executive (TGIP). For his constructive Guidance, constant encouragement,
proper criticism with affection.
I would like to dedicate this work to my reversed institute, Institute
of Integrated Learning Management (GSM), Greater Noida where I am
getting the shape of future business manager.
I express my sincere gratitude to my Institute guide Prof. A.N.
Bhattacharya for his support and guidance on the ground of which I have
acquired a new field of knowledge.
Lastly, I express my gratitude to Parents, Friends and most importantly to
GOD who gave all their blessings and support to me during this project.
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COMPERATIVE ANALYSIS ON MALL MANAGMENT
DECLARATION
I hereby declare that the project work entitled “.COMPERATIVE
ANALYSIS ON MALL MANAGMENT” is an authentic work carried out
by me at “under worthy and esteemed guidance of PROF. A. N.
Bhattacharya This work has not been submitted to any other Institute for
any Diploma and is the whole sole property of Institute of Integrated
Noida park will be thrown open to public in two phases. In first phase, a
Teen Zone and a lifestyle centre will be operational while in the second phase
will include the opening of rest of the amusement park and a retail section
called Garden’s Galleria.
The Entertainment City
The Great India Place and Worlds of Wonder collectively known as The Entertainment City. Where The Great India Place is the second largest shopping complex in the entire country and the Worlds of wonder is an amusement park of its own kind.
Explaning each of them below
Worlds of Wonder (WOW) include
• Teen Zone – Music Zone, has been prepared for the fun loving and adventurous teen.
• Family Zone:--it has been prepared as a soothing atmosphere a perfect place for a family to spending time.
These are the future projects of IRPPL :-
Townsville (Children Zone with Cartoon Network)
Calypso Bay (Caribbean Water Park)
The Great India Place
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COMPERATIVE ANALYSIS ON MALL MANAGMENT
The Great India Place Designed by Callison Inc. the interior theme is
"shoppertainment", which integrates shopping and entertainment in the same
premises. Shops of all possible product and service categories.
6-screen multiplex cinema: total seating capacity of 1220 seats.
Multiple theme park
Indoor entertainment area
The Great India Place is a retail and entertainment complex as part of
Entertainment City, an international standard amusement park. This
integrated mix-use destination also convinces with its prime location near
Sector 18, right at the entrance of Noida. Spanning 1,500,000 sqft, this is one
of the largest retail developments in India. It houses big retail outlets like the
Shoppers Stop, Globus, Pantaloon, Big Bazaar, Home Town, Lifestyle and
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Lifestyle Home Centre and also has outlets of well known brands like
Bossini, Reebok, Adidas, Nike, Guess, Colour Plus, and Marks & Spencer.
The mall follows a zoned concept with home and grocery on the basement
level, women's apparel on one side, men's on the other.
The amusement park – also called Entertainment city – about to open
shortly would be much bigger than the current “Appu Ghar” of Delhi. Present
Park part which being used today only 15% of total plan.
Features of TGIP
Family Fashion Zones
An elite family fashion zone for men, women and children will entrust
the customers the enhanced pleasure and convenience of shopping.
Wedding Bazaar and Hometown
Unique precinct for the special occasion. A dedicated 80,000 sft zone for
transforming your dream into reality and your home into paradise. Jewels
from Hazoorilal, R C Jellewers, Cygnus, Taraash, Wardrobe from Dulhan
Libas, Sita Bridal, Study by Janak and Renowned Fashion Designers will be
there at a one stop destination for those who look for perfection. The Home
saaz section will cater to national and regional retailers involved in all
categories of home improvement, and would make available every product
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and service segments that a consumer requires to build/renovate or decorate a
home.
Food court
An Exclusive 180,000 sqft of Food and Entertainment zone would
surely enhance Great India Place's flavour. The food court has a variety in
terms of Indian (South and North Indian) along with Chinese, Mexican,
sandwiches, pizza, burger and other such food. You get a variety of drinks
over there (all non-alcoholic). Nirula's, Sbarro, Rajdhani, Yatra, Noodle Bar,
The Big Bazaar is a useful place to find cheap household items, clothes,
and food all under one roof. However, the chaos and crowds often make
shopping there a challenge.
5:- Home Town Kishore Biyani owned ‘Future Group, aptly promising its customers ‘Ab Ghar banana kitna aasan!, launched the first of its kind home improvement store ‘Home Town’ on April 2007. Occupying an area of over 1.25 lakh sq.ft. In Great India Place Mall in Noida. Home Town’s tag line promises
Home Town, is provide every thing required by a consumer to build a ‘House’ and then to convert the same into a ‘Home.’ Apart from a range of home products required for various rooms like drawing, dining, bath, etc. in a house, the store is also through a team of experts offer services like electrical and plumbing installations, interior decoration, vaastu, etc. under one roof. Apart from products and services, Home Town is also offer credit facility to consumers through Future Money, an arm of the group’s financial products and services company, Future Capital.
Home Town stores have three sections, namely, Exhibitions, Markets and Services. While, Home Town’s Exhibition section have a live display of different rooms in a house, Markets section is display product like furnishings, mattresses, appliances, consumer electronics for living, dining, sleeping, kids, kitchen and other rooms and for leisure and entertainment like music and books. The services section is offer services, which among others,
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COMPERATIVE ANALYSIS ON MALL MANAGMENT
is include: carpenting, plumbing, electrification, painting, tile-laying and designing. Other services on offer is include, grihapravesh pooja, door delivery and installation.
The ‘Home Town’ concept thus: “Owning a home has always been the ultimate Indian dream. In past, consumers had to visit multiple stores & markets, while building a home and have to often rely on advice from unqualified sources. Home Town is addressing this consumer pain point by providing a single point destination for all their needs to build, equip and decorate their homes. Additionally, consumers are also get professional advice on various aspects, ranging from interiors, carpentry, plumbing, painting, etc to grihapravesh pooja for the home.”
Home Town is an amalgamation of the value-lifestyle propositions, so appears eminently approachable to the budget-buyer, as well as the aspirational customer, and also to the lifestyle-driven customer. The displays are echoing the aspirations of the consumer, keeping traditions alive in a contemporary world.
Apart from displaying products of all major manufacturers, under numerous categories, one of the major propositions of Home Town is be to provide guarantees on prices, services and products.
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6:- Pantaloons
Pantaloon Retail (India) Limited is India's leading retailer that operates
multiple retail formats in both the value and lifestyle segment. Pantaloon has
ushered a retail revolution in India and its founder Kishore Biyani is known as
India's "King of Retail".
Pantaloon's origin can be traced to 1987 when the company was
incorporated as Manz Wear Private Limited. The company launched
Pantaloons trouser, India's first formal trouser brand. In 1992, Pantaloon
launched its IPO. In 1994, The Pantaloon Shoppe - exclusive menswear store
in franchisee format was launched across the country. Pantaloon started
distribution of distribution of branded garments through multi-brand retail
outlets across the nation. In 2001, Big Bazaar, India's first hypermarket chain
was launched. In 2002, Food Bazaar, the supermarket chain was launched. In
2006, Future Capital Holdings, the company's financial arm launched real
estate funds, "Kshitij" and "Horizon" and private equity fund "Indivision".
The company is also planning forays into insurance and consumer credit.
Pantaloon Retail is the flagship company of Future Group.
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7: - Home Centre
Home Centre presented by Lifestyle is a one-stop destination
for furniture, home ware and home furnishings that epitomises
elegance, luxury and individuality. Home Centre houses a wide
range of contemporary and classic furniture, linen as well as other
home accessories, thus providing customers affordable complete
home solutions.
Home Sweet Home is a truism proven true by Lifestyle’s Home
section. Accommodated with end-to-end solutions in home ware,
gifts, furniture and furnishings from across the world, their Home
range includes everything, Step inside and discover a whole new
world of lamps, carpets, curtains, rugs, table linen, bed linen,
glassware, crockery, cutlery, cookware, furniture and even artificial
plants, trees and flowers.
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Except these 7 anchor stores TGIP also have most multi
national brand like: - Rebook, Adidas, Nike, Woodland, Mc
Allen Solly, Monte Carlo, Rado Watch, Om Book, Lee, Live’s
TGIP Loyalty Card: -
Exclusive Free Parking
Free parking for one year. 4 free visit to the Worlds of Wonder for a family of four.
(Without rides) 10%-20% discount at the selected outlets of TGIP Partner
Stores. (This discount is for 57 outlets)
Free invites to be sent for events at TGIP organized by IRPPL.
Membership fee of Rs. 1000/- refundable on purchase of Rs. 20,000/- and above at TGIP once during the year.
10% premium on availing TGIP counters.(this discount is available on 34 outlets which are also in 57 outlets)
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COMPERATIVE ANALYSIS ON MALL MANAGMENT
Shipra Mall
Shipra Mall is the largest mall in the National Capital Region (NCR) of Delhi. The mall, which is located east of Delhi at Indrapuram, has a built-up area of 4.5 lakh sq ft.
It has been constructed in Classical Roman-style architecture and has 3.6 lakh sq ft of retail space, three new-generation cinema halls, 17,000 sq ft of kids zone, a 15,000 sq ft food court, an amphi theatre and parking space for 1,000 cars.
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The twin atriums provide better space and visibility for retailers and free flow for shoppers. It would be able to provide a complete experience to its shoppers as it has four anchor stores - Shoppers Stop, Globus, Food Bazaar and Fashion Station.
Shipra Mall will attract a large number of footfalls for retailers as it is stategically situated at the junction of Ghaziabad, Noida and Delhi, i.e., a large catchment area.
Features of Shipra Mall
ANCHOR STORS IN SHIPRA MALL
1:-Food Bazaar
Ab Ghar Chalaana Kitna Aasaan
Food Bazaar invites customers for a shopping experience, unique by its
ambience. At Food Bazaar customers can find a hitherto unseen blend of
a typical Indian Bazaar and International supermarket atmosphere.
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Flagged off in April’02, Food Bazaar is a chain of large supermarkets
with a difference, where the best of Western and Indian values have been
put together to ensure customer’s satisfaction and comfort while
shopping.
The western values of convenience, cleanliness and hygiene are offered
through pre packed commodities and the Indian values of "See-Touch-
Feel" are offered through the “bazaar-like” atmosphere created by
displaying staples out in the open, all at very economical and affordable
prices without any compromise on quality.
The best of everything offered with a seal of freshness and purity will
definitely make the final buying decision a lot easier.
In the survey work the method of Questionnaire is being used. The
questionnaires are then studied properly to find out about the various inputs
from the customers of TGIP Mall.
The survey was done among 60 customers in TGIP Mall.
Field Work:
In-house Work:
• Gathering of secondary data.
• Compiling the data & making the questionnaire for customers.
Work in TGIP:
• Counting the number of stores & dividing them according to various
segments.
• Checking the particular store location & the relevance of the location.
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Visiting each & every Retail Firm in TGIP.
LIMITATION
1-Small sample size to complete the research the survey is needed to be done on a large and diversified population which is out of preview because of lack of resources and time.
2-Inadequate customer knowledge during the survey there may be few customers who may have not complete knowledge of retail market.
3-Biased information the sample survey might be from particular income strata or profession which may not reflect a correct picture of the research made.
4-Secondary data- The secondary data taken from a source might be wrong to serve the purpose of a person or organization concerned.
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GRAPHICAL REPRESENTATION
Q: 1. Which would be the most preferable Mall for you?
This question asked from customers to know the customer loyalty about TGIP.
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This graph is showing that 73% people are fully satisfied with TGIP and rest 27% people want go any other Mall or place due to various point like- TGIP is located far away from their residential area, May be any other Mall situated near to their residential area,
Q:2. Why do you like to come to TGIP
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This question asked from the customer to know the main purpose to go/come in TGIP
This graph is showing that 52% people go to TGIP for shopping, 23% people come for entertainment, 18% people come due to verity of outlets that’s why they able to buy verity of product under the one roof, 7% people come only for time pass because they are stay or situated near to TGIP, One biggest thing come in front of me by the survey/graph is that No body come in TGIP specially for having food.
Q: 3. Why do you prefer to shopping in TGIP?
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This question is asked to know that what is the reason behaind the preference of customer to do shopping in TGIP.
This graph is showing that 37% people prefer to shopping in TGIP due to verity of outlets so that they can choose product as per their choice- supose if they want to buy mens wear than they have option like- Shoppers Stop, Pantaloon, Lifestyle & Globus, 23% people prefer to shopping in TGIP due to verity of outlets so that they can buy verity of product under the one roof like apparels, groceries item, home furnishing & electronics & they can have food also, 20% people prefer to do shopping in TGIP because its close to their residential area, 12% people prefer to do shopping in TGIP due to resonable product price given by Big Bazaar,Soppers Stop etc, 8% people prefer to shopping in TGIP due to Good customer service like-thay can carry their goods in trolly till the car.
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Q:4. Which store do you mostly prefer for shopping?
This graph is showimg that 44% people mostly prefer to do shopping from Big Bazaar due to long range of product at low cost, 20% people mostly prefer to do shopping from home Town because it’s a first store which offer these type of product, 13% people mostly prefer to do shopping from Shoppers Stop due brand loyalty & quality of product, 10% people mostly prefer to do shopping from Lifstyle, 8% people mostly prefer to do shopping from Pantaloon, 5% people mostly prefer to do shopping In Globus.
Q:5. Which feature do you like most in Mall?
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This graph is showing that 38% people want that ambiance should be good in the Mall, but 35% people want that parking place should be easily accessible, while 22% people want that security should be good, 5% people want that customer information center should be in Mall. At overall statement tell that ambiance & parking both are important factor for Mall.
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Q: 6. Which of the following do you like most while interacting with customer service representative?
This graph showing that 47% people want that customer service representetive give quick response, 33% people want that customer service representetive talk politely with them, 12% people want that customer service representetive should be knowledgeable so that thay can get appropriate guidence, 8% people want that customer service representetive should be wellgroom.
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Q:7. Where do you fine these problems?
(A) Drinking Water
This graph is showing that 50% people say that thay face problem in getting drinking water in TGIP, 32% people say that thay face problem in getting drinking water in Sipra Mall, 18% people say that thay have no problem in getting drinking water.
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(B) Rest Room
This graph is showing that 47% people said that thay were not able to search Rest Room easly in Shipra Mall, when 43% people said that thay have no problem in getting Rest Room, 10% people said that thay ware not able to search Rest Room easily in TGIP.
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(C)Escalator not working
This graph is showing that 48% people are satisfied with escalator facility, When 39% people said it is the biggest problem in TGIP, 13% people said that escalator is not good in Shipra.
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(D)House Keeping
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This graph is showing that 72% people said that house keeping was not a problem in any Mall, 18% people said that house keeping of Shipra Mall was not good. When 10% people said that they ware not satisfied with house keeping of TGIP.
(E)Parking
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This graph is showing that 58% people said that parking of TGIP is good, But 22% people said that they are not satisfied with present parking facility they want some change like- they want to stand their car in -1 parking area but guard was not allowing them to go there, 20% people were not feeling comfortable with Shipra Mall parking area due to only way for Entry & Exit.
Q: 8. For an over all entertainment which place would you prefers to go.
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This graph is showing that 64% people said that for an overall entertainment they would prefer to go/come to TGIP due to various reason like- World of Wonder, Big cinema, Food Court & Darne Me Bhi Maja Hai etc, 13% people said that for an overall entertainment they would prefer to go to Shipra Mall, while 23% people said that for an overall entertainment they would prefer to go to any other place.
Observation and Recommendation
Observation: -
1. Elevators were not working in a proper manner.
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2. There was not any facility of drinking water.
3. AC was not working in a proper manner on third floor.
4. Security system was not effective in TGIP.
5. Rest Room was not clean on ground floor.
6. At times I saw people want to take rest but they did not find
space for sitting.
7. Sometimes I saw people were not satisfied with parking
facility.
8. The shops which are located on the second floor are incapable
of attracting the traffic.
9. Floor plan & direction Board was not sufficient & visible
because I saw that many were people asking for some
particular shops but they did not get any answer.
10. Only one Customer Information centre is not sufficient.
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11. Customer information centre was not visible that’s why
customer ask about a particular shop to another customer but
they were unable to get proper answer.
12. I had also observed that on information desk sometimes
nobody is present.
13. Customer loyalty program which is presented by TGIP
is not well-known because of low advertisement.
14. Price of customer loyalty card was quite high and facility
was not much attractive.
15. Stair of Emergency Exit was not clean & visible.
16. As per my customer survey nobody came in TGIP
specially for having food.
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Recommendation: -
1. Elevators should work in proper manner for the whole week or
month.
2. There should be facility of drinking water it’s a basic need of
customer/human being.
3. AC should be effective on third floor also so that customer
feel relax & come in TGIP specially for having food.
4. Security system should be good in Mall.
5. Rest Room should be neat & clean on each & every floor.
6. Number of sitting chair should increase for taking rest of
customer.
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7. Parking facility should be same for all customers who are
paying same amount of money.
8. Number of shops should be increased on second floor & it
should be also capable for attracting the customer like on
second floor shoppers stop, life style.
9. Floor plan & direction board should increase & be visible
10. Number of customer information centre should be
increased & Make sure that always some body be present on
the information desk.
11. Advertisement of Customer loyalty program which is
presented by TGIP should increase so that everybody knows
this.
12. Price of customer loyalty card should be low & facility
which given by TGIP should be attractive like – (instead of
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four free visits of worlds of wonder, free rides for one or tow
members)
13. Stair of Emergency Exit should be neat & clean.
Conclusions: -
As I have studied the customer behevior about the Mall
with the help of getting full fill Questionnaire by the customer &
intrecting with them, and due to summer traing My work was
selling loyalty card of TGIP in that proces I gain knowledge of
customer behavior about the Mall.
I came to know that the Location of the Mall, Parking,
Ambiance of the Mall, Rest Room, Drinking water, customer
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information centre, stors location board, combination of the type of
stors eg: - Apparel, Grosery stors like Big Bazaar, Food out let,
Book stor like oddisi, home furnishing stors like home town, PVR
cinema, pub, restaurant,electronics shops etc, all these are the key
factors of the Mall for atracting the traffic.
All these factors was all ready well stabiles in TGIP when I
compare all these facility among TGIP and Shipra Mall then I saw
that TGIP is far ahead from it, if I compare any facility I got big
variation like- Parking capacity of TGIP 4500 car at a time but
parking capacity of Shipra mall 1000 car at a time.
At last I come to this conclusion of that TGIP much
better than Shipra Mall but some chance for enhancement is present