Académique Documents
Professionnel Documents
Culture Documents
OBJECTIVES –
This is the main objective of the research i.e. to find the effect of the entry of
new players offering discounted apparel brands on the local and small players.
Our objective was also to find out the potential present in these brands that
whether these discounted brands can achieve their desired sales level or not,
whether the public of small cities would accept them or reject them.
To analyse the sales level of these brands and comparison of their sales level
with that of the competitors and also to find out their approximate profits.
1
4. To study the customer preferences about these brands –
To find out the proper strategies for the local retailers when these brands
come so that they could maintain their sales level in this cut-throat
competiton.
We were also interested in comparing the sales level of these brands with
that of the local retailers and also the effect of these brands on their sales
level & also the sales growth of both the traders.
2
8. To find out the truth with the help of the employees working in
these branded outlets –
We also tried to find out the truth behind these brands, their strategies,
owner’s perception about his brand as well as about the perception of the
customer that how a customer perceives the brand.
3
CHAPTER – 2
METHODOLOGY –
A.EXPLORATORY RESEARCH
Exploratory research is a type of research conducted because a problem has
not been clearly defined. Exploratory research helps determine the best research
design, data collection method and selection of subjects. Given its fundamental
nature, exploratory research often concludes that a perceived problem does not
actually exist.
4
The results of exploratory research are not usually useful for decision-making by
themselves, but they can provide significant insight into a given situation.
Although the results of qualitative research can give some indication as to the
"why", "how" and "when" something occurs, it cannot tell us "how often" or "how
many."
1. LITERATURE SURVEYS –
Literature survey is the documentation of a comprehensive review of the published
and unpublished work from secondary sources data in the areas of specific interest
to the researcher. The library is a rich storage base for secondary data and
researchers used to spend several weeks and sometimes months going through
books, journals, newspapers, magazines, conference proceedings, doctoral
dissertations, master’s theses, government publications and financial reports to find
information on their research topic. With computerized databases now readily
available and accessible the literature search is much speedier and easier and can
be done without entering the portals of a library building.
The researcher could start the literature survey even as the information from the
unstructured and structured interviews is being gathered. Reviewing the literature
on the topic area at this time helps the researcher to focus further interviews more
meaningfully on certain aspects found to be important is the published studies even
if these had not surfaced during the earlier questioning. So the literature survey is
important for gathering the secondary data for the research which might be proved
5
very helpful in the research. The literature survey can be conducted for several
reasons. The literature review can be in any area of the business.
B.DESCRIPTIVE RESEARCH
Descriptive research is used to obtain information concerning the current status of
the phenomena to describe "what exists" with respect to variables or conditions in
a situation. The methods involved range from the survey which describes the status
quo, the correlation study which investigates the relationship between variables, to
developmental studies which seek to determine changes over time.
Sole Purpose:
To describe a behavior or type of subject
not to look for any specific relationships, nor to correlate 2 or more variables
Disadvantages :
Since setting is completely natural, with all variables present, cannot identify cause
6
Advantages :
• Can acquire a lot of information through description
• useful for identifying variables & hypothetical constructs > which can be
further investigated through other means (kind of like exploratory surgery, or
the USS Enterprise on an away mission)
• descriptions can be used as an indirect test of a theory or model
• some behaviors/situations cannot be studied any other way
CHAPTER – 3
7
General categories of descriptive designs:
surveys & observational studies –
1) Field Surveys :
Subjects complete a questionnaire or interview in a natural setting
Attention must be given to construct & content validity,reliable scoring, clear
questions with precise, mutually exclusive answers,controlled consistent behavior
of the interviewer
concrete behaviors that naive subjects can accurately describe
counterbalance order of questions (to identify & control response biases)
representative sample (use large N)
surveys may be mailed or conducted over the telephone
In primary data collection, you collect the data yourself using methods such as
interviews and questionnaires. The key point here is that the data you collect is
unique to you and your research and, until you publish, no one else has access to it.
There are many methods of collecting primary data and the main methods include:
• questionnaires
• interviews
8
• observation
• case-studies
• diaries
• critical incidents
• portfolios.
The primary data, which is generated by the above methods, may be qualitative in
nature (usually in the form of words) or quantitative (usually in the form of
numbers or where you can make counts of words used). We briefly outline these
methods but you should also read around the various methods. A list of suggested
research methodology texts is given in your Module Study Guide but many texts on
social or educational research may also be useful and you can find them in your
library.
• Questionnaires
Questionnaires are a popular means of collecting data, but are difficult to design
and often require many rewrites before an acceptable questionnaire is produced.
Advantages:
9
• Can be posted, e-mailed or faxed.
• Relatively cheap.
• No interviewer bias.
Disadvantages:
• Design problems.
10
• Not possible to give assistance if required.
• Respondent can read all questions beforehand and then decide whether to
complete or not. For example, perhaps because it is too long, too complex,
uninteresting, or too personal.
Difficult 1 2 3 4 5 6 7 Easy
Useless 1 2 3 4 5 6 7 Useful
Interesting 1 2 3 4 5 6 7 Boring
11
spectrum of opinion. This again is probably not true. Nevertheless, within its
limitations, the semantic differential can provide a useful way of measuring and
summarising subjective opinions.
• Interviews
12
group. They can be conducted at work, at home, in the street or in a shopping
centre, or some other agreed location.
Personal interview
Advantages:
Disadvantages:
13
• Need to set up interviews.
• Time consuming.
• Geographic limitations.
• Can be expensive.
Types of interview
Structured:
14
• Frequently require short answers with the answers being ticked off.
• Useful when there are a lot of questions which are not particularly
contentious or thought provoking.
Semi-structured
The interview is focused by asking certain questions but with scope for the
respondent to express him or herself at length.
Unstructured
This also called an in-depth interview. The interviewer begins by asking a general
question. The interviewer then encourages the respondent to talk freely. The
interviewer uses an unstructured format, the subsequent direction of the interview
being determined by the respondent’s initial reply. The interviewer then probes for
elaboration – ‘Why do you say that?’ or, ‘That’s interesting, tell me more’ or,
‘Would you like to add anything else?’ being typical probes.
15
Planning an interview:
• Try and fix a venue and time when you will not be disturbed.
Conducting an interview:
16
questions.
Responses – recorded as you go on
questionnaire written verbatim,
but slow and time-consuming
summarised by you taped –
agree beforehand – have
alternative method if not
acceptable consider effect on
respondent’s answers proper
equipment in good working
order sufficient tapes and
batteries minimum of
background noise.
At the end – ask if the respondent would
like to give further details
about anything or any
questions about the research
thank them.
• Observation
• structured or unstructured
17
• disguised or undisguised
• natural or contrived
• personal
• mechanical
• non-participant
Structured or unstructured
Disguised or undisguised
18
In disguised observation, respondents are unaware they are being observed and
thus behave naturally. Disguise is achieved, for example, by hiding, or using
hidden equipment or people disguised as shoppers.
In undisguised observation, respondents are aware they are being observed. There
is a danger of the Hawthorne effect – people behave differently when being
observed.
Natural or contrived
Personal
Mechanical
19
Non-participant
The observer does not normally question or communicate with the people being
observed. He or she does not participate.
Participant
In participant observation, the researcher becomes, or is, part of the group that is
being investigated. Participant observation has its roots in ethnographic studies
(study of man and races) where researchers would live in tribal villages, attempting
to understand the customs and practices of that culture. It has a very extensive
literature, particularly in sociology (development, nature and laws of human
society) and anthropology (physiological and psychological study of man).
Organisations can be viewed as ‘tribes’ with their own customs and practices.
The role of the participant observer is not simple. There are different ways of
classifying the role:
• Researcher as employee.
• Interrupted involvement.
• Observation alone.
1-Researcher as employee
20
The researcher works within the organisation alongside other employees,
effectively as one of them. The role of the researcher may or may not be explicit
and this will have implications for the extent to which he or she will be able to
move around and gather information and perspectives from other sources. This role
is appropriate when the researcher needs to become totally immersed and
experience the work or situation at first hand.
There are a number of dilemmas. Do you tell management and the unions?
Friendships may compromise the research. What are the ethics of the process? Can
anonymity be maintained? Skill and competence to undertake the work may be
required. The research may be over a long period of time.
The researcher is present every day over a period of time, but entry is negotiated in
advance with management and preferably with employees as well. The individual
is quite clearly in the role of a researcher who can move around, observe, interview
and participate in the work as appropriate. This type of role is the most favoured,
as it provides many of the insights that the complete observer would gain, whilst
offering much greater flexibility without the ethical problems that deception
entails.
Interrupted involvement
The researcher is present sporadically over a period of time, for example, moving
in and out of the organisation to deal with other work or to conduct interviews
21
with, or observations of, different people across a number of different
organisations. It rarely involves much participation in the work.
Observation alone
Choice of roles
• The extent to which access can be gained: Gaining access where the role of
the researcher is either explicit or covert can be difficult, and may take time.
• The extent to which the researcher would be comfortable in the role: If the
researcher intends to keep his identity concealed, will he or she also feel able
22
to develop the type of trusting relationships that are important? What are the
ethical issues?
• The amount of time the researcher has at his disposal: Some methods
involve a considerable amount of time. If time is a problem alternate
approaches will have to be sought.
23
population. There are no strict rules to follow, and the researcher must rely on logic
and judgment. The population is defined in keeping with the objectives of the
study.
Sometimes, the entire population will be sufficiently small, and the researcher can
include the entire population in the study. This type of research is called a census
study because data is gathered on every member of the population.
Usually, the population is too large for the researcher to attempt to survey all of its
members. A small, but carefully chosen sample can be used to represent the
population. The sample reflects the characteristics of the population from which it
is drawn.
24
JUDGEMENT SAMPLE –
Judgement sampling involves the choice of subjects who are most advantageously
placed or in the best position to provide the information required. For instance, if a
researcher wants to find out what it takes for women managers to make it to the
top, the only people who can give first hand information re the women? Who have
risen to the positions of presidents, vice presidents and important top-level
executives in work organizations?
25
sampling design is used when a limited number or category of people have the
information that is sought. In such cases any type of probability sampling across a
cross-section of the entire population is purposeless and not useful.
CHAPTER – 5
BIAS AND ERROR IN SAMPLING –
26
What can make a sample unrepresentative of its population? One of the most
frequent causes is sampling error.
1. Sampling error –
comprises the differences between the sample and the population that are due
solely to the particular units that happen to have been selected.
For example, suppose that a sample of 100 american women are measured and are
all found to be taller than six feet. It is very clear even without any statistical prove
that this would be a highly unrepresentative sample leading to invalid conclusions.
This is a very unlikely occurance because naturally such rare cases are widely
distributed among the population. But it can occur. Luckily, this is a very obvious
error and can be etected very easily.
1. One is chance: That is the error that occurs just because of bad luck.
2. The second cause of sampling is sampling bias. Sampling bias is a tendency
to favour the selection of units that have paticular characteristics.
A non sampling error is an error that results solely from the manner in which the
observations are made. The simplest example of non sampling error is inaccurate
measurements due to malfuntioning instruments or poor procedures.
27
1. The interwiers effect
No two interviewers are alike and the same person may provide different answers
to different interviewers. The manner in which a question is formulated can also
result in inaccurate responses. Individuals tend to provide false answers to
particular questions.
Respondents might also give incorrect answers to impress the interviewer. This
type of error is the most difficult to prevent because it results from out right deceit
on the part of the respondee.
Knowing why a study is being conducted may create incorrect responses. A classic
example is the question: What is your income? If a government agency is asking, a
different figure may be provided than the respondent would give on an application
for a home mortgage. One way to guard against such bias is to camouflage the
study`s goals; Another remedy is to make the questions very specific, allowing no
room for personal interpretation. For example, "Where are you employed?" could
be followed by "What is your salary?" and "Do you have any extra jobs?" A
sequence of such questions may produce more accurate information.
28
4. Induced bias
Finally, it should be noted that the personal prejudices of either the designer of the
study or the data collector may tend to induce bias. In designing a questionnaire,
questions may be slanted in such a way that a particular response will be obtained
even though it is inacurrate.
CHAPTER – 6
(COMPANYPROFILE)
29
1. COTTON COUNTY –
Cotton County India - Mens Cargo Shirts, Sweatshirts, Office Shirts, Formal &
Fashion Shirts, Mens T-shirts India
Cargo shirts have been introduced for the first time in the arena of “India shirts” .
Targeted at generation next, the collection of cargo shirts are back in full blast,
creating a overall impression of style, while contrast stitching marks the
collection’s gutsy edge, by creating lots of play even in the more basic looks. The
collection gives a fashion-conscious man the freedom to choose his own
adventures while giving him the wardrobe that compliments his dynamic lifestyle.
At Cotton County we offer you a wide variety of Cool t-shirts, Custom sweatshirts,
Custom t-shirts, Designer T-Shirts, cardigans, pullovers, jackets etc.
T-shirts are amazing. You name a color and you can get Cotton County t-shirts
right plain collar t-shirts that are available in 35 exciting colors and combinations
to round neck T-shirts. The shirts collection comes in a range of carefully selected
colors, styles and first-class fabrics. Wrinkle free cotton lets you and your shirt
30
look immaculate all day long. After a few minutes on your body, the shirt mixes
business with pleasure.
Now you can buy t-shirts & shirts from our Wholesale Mens t-shirts, Wholesale
Shirts, Wholesale t-shirts collection of men’s wear that mainly consists of Mens
Fashion Shirts, Man Fashion Shirts, Mens Formal Shirts, Mens Office Shirts, Mens
Shirts, Mens T-shirts.
The Nahar Industrial Enterprises franchise is a part of the Nahar Group which was
established in 1949. The Group has gained recognition as a reputed Industrial
conglomerate with a wide ranging portfolio from spinning, knitting, fabrics and
hosiery garments to sugar. The garment making franchise is a part one of the four
operations of the Nahar Group.
The Nahar group comprises of Nahar Industrial Enterprises Ltd., Oswal Woollen
31
Mills Ltd., Nahar Spinning Mills Ltd. and Nahar Exports Ltd. The group has
spinning capacity of 0.4 million spindles with turnover of $450 million inclusive of
export turnover of $115 million. The production facilities have been awarded ISO
9002/IS 14002 Certification and Okotex Certification.
The Nahar group has markets that are crisscrossed all over the globe. It operates on
the objective of meeting the buyer’s expectations with consistent quality backed by
research and development divisions equipped with the latest equipment, cream of
highly qualified technocrats who adhere to timely schedules.
The products manufactured by the Nahar Group are yarns, woven fabrics,
knitwears and garments. The group also manufactures sugar and other products.
The group is an approved fabric vendor for global brands such as The Gap, Tommy
Hilfiger, Marks & Specer and domestic brands such as Color plus, Allen Solly and
Louis Phillips.
Currently, Nahar Industrial Enterprises has 159,408 spindles and 6320 rotors to
produce different counts of yarn. It’s weaving capacity with 426 looms, modern
processing plant with capacity of 1, 15,000 metres per day. It has a modern dyeing
house with a capacity to dye 6 tonnes yarn per day and has a garment facility for
manufacturing 20, 00,000 pieces per annum.
Today, Nahar Industrial Enterprises has 150 retail outlets that sell readymade
garments under the” Cotton County” Brand and a 2500 TCDs Sugar Mill.
32
The year was 1949; while our beginnings were small, the vision was big. The
burning desire to evolve, grow & one day position ourself as a responsible &
reputed corporate entity playing out its role in improving the peoples quality of life
through our products & service remained a driving force. It is our relentless spirit
of enterprise, boundless enthusiasm, grit & determination to live the dream that
enabled us to add a new dimension to our philosophy- where commitment leads,
achievement follows.
Nahar Industrial Enterprises has floated a wholly owned subsidiary Nahar Retail
Ltd. for its foray into retailing.
33
Inspired by the freshness of nature, Cotton County’s collection is an exotic retreat
that makes it all the more exclusive and exquisite. Targeted at the young, trendy
and hip-hop crowd as well as the upwardly mobile youth, this collection exhibits
an exciting combination of colors, designs and styles in stripes, prints, plains and
denim lending a very sophisticated and funky look to the entire range.
Cargo shirts have been introduced for the first time. Targeted at generation next,
the collection of cargo shirts are back in full blast, creating a overall impression of
style, while contrast stitching marks the collection’s gutsy edge, by creating lots of
play even in the more basic looks. The collection gives a fashion-conscious man
the freedom to choose his own adventures while giving him the wardrobe that
compliments his dynamic lifestyle.
T-shirts are amazing. You name a color and you can get Cotton County t-shirts
right plain collar t-shirts that are available in 35 exciting colors and combinations
to round neck T-shirts. The shirts collection comes in a range of carefully selected
colors, styles and first-class fabrics. Wrinkle free cotton lets you and your shirt
look immaculate all day long. After a few minutes on your body, the shirt mixes
business with pleasure.
MARKET POSITION –
• Gaining a brand recognition as a result of the expansion mode that the company
is in with the foray in Tier II and Tier III cities.
34
• Benefit of First Mover Advantage
• Also known for selling a lot more than many popular brands
• Catches the eye of the customer with attractive offers of heavy discounts
• Advanced and in-depth planning and research and also considering the latest
trends and customer demands in mind.
MISSION –
We aim to be recognized as the fastest growing retail chain in the Everyday low
Pricing business model. We will offer our customers satisfaction in terms of
quality, variety and price. We will also ensure a consistent return on investment and
growth rate through employee motivation and satisfaction.
35
Cotton is noted for its versatility, appearance, performance, and above all its
natural comfort. From all types of apparel, cotton in today’s fast moving world is
still nature’s wonder fiber. It provides thousands of options to experiment with
style and look.
otton is a style statement for the season. With the dynamism in lifestyle, people are
changing, so is the outlook and attitude towards fashion and lifestyle. Youngsters
are always looking for apparels that are high on fashion, but affordable on prices.
With the same ideology, Cotton County always strives to offer the international
clothing concepts at highly affordable prices. Over a period of last three years,
Cotton County has been successful in creating a distinct niche for its brand in the
highly cluttered and competitive readymade garments market in India. Being a
value for money brand, Cotton County’s main focus is to penetrate in Tier- 2 and
Tier-3 cities. The Company has a franchisee route and within one year, it has over
120 exclusive outlets.
QUALITY –
Unlike many other enterprises and business organizations, Quality is not just an
ordinary word with very little or no meaning. For Cotton County, Quality has a
significant importance of its own which can describe the potential of the company
in no time. We believe ‘If the quality is good, there is room for Cotton County to
survive in this corporate world. However, if little attention is paid on Quality, then
survival for Cotton County in this competitive era will be a lot difficult.’
36
Hence, without giving any second thoughts, we have given Quality, our top
priority. Today Quality is something that is evident in all the spheres of the
Company – even the products it sells, the work culture, and the various
departments of the Company. Our Parent Company, Nahar Industrial Enterprises
Limited has been awarded ISO 9002/IS 14002 Certification and Okotex
Certification.
For us, Quality is the ability of our products to be able to satisfy our users. And to
ensure this, the garment goes through various Quality checks in order to ensure
utmost customer satisfaction.
1.Customers –
37
2.Performance Driven –
In short, Our Commitments are towards our customers, business and society.
CHARLIE OUTLAW –
38
CHAPTER – 7
LOCAL RETAILERS’ PROFILE
1. Khushboo Wears opened in 2005 cater to the needs of middle & upper
middle class with products ranging from the men’s wear to ladies’ wear and
kids’ wear.
2. Fashioner Readymade is the oldest local retailer with enjoying the
maximum customer faith.
39
3. Pindi Silk Store – This is the premium showroom for sarees, ladies suit,
suiting & shirting, men’s wear and kids’ wear also with products like Sherwanis
for higher classes.
4. Palak Silk Store – This store opened in 2002 gave a strong competition
to Pindi Silk Store but failed to maintain the quality.
5. Beauty Centre – This is the second premium store and the first
departmental store in modinagar having its different class of customers.
6. Singhal Garments – This store cater the needs of lower class & lower
middle class with good market share due to the type of customers in Modinagar
and low purchasing power of mostly customers.
CHAPTER – 8
DATA ANALYSIS & INTERPRETATION :
1,000 y
0
KOUTONS CHARLIE COTTON
OUTLAW COUNTY
Company's Name
41
MONTHS KOUTONS (Rs.) P.M. MONTHS KOUTONS (Rs.) P.M.
Aug-06 8,000 Aug-07 2,500
Sep-06 8,000 Sep-07 3,000
Oct-06 9,000 Oct-07 3,000
Nov-06 9,500 Nov-07 3,500
Dec-06 12,000 Dec-07 3,500
Jan-07 11,000 Jan-08 3,000
Feb-07 9,000 Feb-08 2,500
Mar-07 8,000 Mar-08 2,500
Apr-07 4,000
May-07 3,000
Jun-07 2,500
Jul-07 2,000
14,000
12,000
10,000
8,000 KOUTONS (Rs.)
6,000 P.M.
4,000
2,000
0
Aug-07
Aug-06
Dec-06
Feb-07
Apr-07
Jun-07
Oct-07
Feb-08
Oct-06
Dec-07
42
MONTHS CHARLIE OUTLAW
(Rs.) P.M.
Jul-07 8,500
Aug-07 10,000
Sep-07 11,000
Oct-07 12,000
Nov-07 12,500
Dec-07 11,500
Jan-08 4,500
Feb-08 3,500
Mar-08 3,500
14,000
12,000
10,000
8,000 CHARLIE OUTLAW
6,000 (Rs.) P.M.
4,000
2,000
0
7
8
7
07
Ja 7
Se 7
Fe 8
M 8
D 7
-0
-0
l-0
-0
-0
-0
0
n-
p-
b-
ct
ar
ug
ec
ov
Ju
O
A
43
MONTHS COTTON COUNTY
(Rs.) P.M.
Jun-07 3,000
Jul-07 3,000
Aug-07 3,500
Sep-07 3,500
Oct-07 2,500
Nov-07 2,500
Dec-07 2,500
Jan-08 2,500
Feb-08 2,000
Mar-08 1,500
4,000
3,500
3,000
2,500
COTTON COUNTY (Rs.)
2,000
P.M.
1,500
1,000
500
0
N 07
8
O 7
A -07
Ja 07
Se 07
Fe 08
Ju 7
M 8
D 07
-0
0
0
0
-
-
n-
-
p-
-
n-
b-
ct
l
ar
ug
ec
ov
Ju
44
Beaut
Khushboo y Singhal
Months Wears Fashioner Pindi Palak Centre Garments
Apr-06 5,000 4,000 5,500 2,000 5,400 2,100
May-06 4,000 3,200 4,500 1,600 4,400 1,700
Jun-06 3,500 2,800 4,000 1,400 3,900 1,500
Jul-06 3,000 2,400 3,500 1,200 3,400 1,300
Aug-06 5,500 4,400 6,000 2,200 5,900 2,300
Sep-06 6,500 5,200 7,000 2,600 6,900 2,700
Oct-06 10,000 8,000 10,500 4,000 8,000 4,100
Nov-06 12,000 9,600 12,500 4,800 10,000 4,900
Dec-06 14,000 11,200 14,500 5,600 12,000 5,700
Jan-07 13,500 10,800 14,000 5,400 11,500 5,500
Feb-07 12,000 9,600 12,500 4,800 10,000 4,900
Mar-07 12,000 9,600 12,500 4,800 10,000 4,900
45
APRIL 06 - MARCH 07
16000
14000
Khushboo Wears
12000
Fashioner
10000
Sales Level
Pindi
8000
Palak
6000
Beauty Centre
4000
Singhal Garments
2000
0
8
2
80
83
86
89
93
96
99
02
05
08
11
14
38
38
38
38
38
38
38
39
39
39
39
39
Months
Beaut
Khushboo y Singhal
Months Wears Fashioner Pindi Palak Centre Garments
Apr-07 6,000 4,800 5,300 1,714 5,500 2,314
May-07 5,000 4,000 4,500 1,667 4,700 2,267
Jun-07 4,500 3,600 4,100 1,500 4,300 2,100
46
Jul-07 3,500 2,800 3,300 1,167 3,500 1,767
Aug-07 6,000 4,800 5,300 2,000 5,500 2,600
Sep-07 7,000 5,600 6,100 2,333 6,300 2,933
10,10
Oct-07 12,000 9,600 0 4,000 10,300 4,600
Nov-07 14,000 11,200 11,700 4,667 11,900 5,267
14,90
Dec-07 18,000 14,400 0 6,000 15,100 6,600
12,90
Jan-08 15,500 12,400 0 5,167 13,100 5,767
Feb-08 14,000 11,200 11,700 4,667 11,900 5,267
10,90
Mar-08 13,000 10,400 0 4,333 11,100 4,933
APRIL 07 - MARCH 08
20,000
18,000
16,000 Khushboo Wears
14,000 Fashioner
Sales Level
12,000 Pindi
10,000
8,000 Palak
6,000 Beauty Centre
4,000 Singhal Garments
2,000
0
Se 7
M 7
Ju 7
No 7
De 7
Ju 7
Au 7
Fe 8
O 7
Ja 7
M 8
8
0
0
0
-0
-0
0
l-0
0
0
0
-0
g-
v-
r-
n-
c-
p-
n-
b-
ct
ay
ar
Ap
Months
47
5. Comparison of Two-Years Sales level of Retailers from April 06-07 to
March 07-08
20,000
15,000
Sales Level
10,000
5,000
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2006 2007
48
CONCLUSION – It can be enumerated from the graph that
Khushboo Wears sales not only increased but also they achieved
more than their targets.
49
FASHIONER'S Sales Comparison
16000
14000
12000
Sales Level
10000
8000
6000
4000
2000
0
ug
pr
n
ct
ay
ec
ar
l
ov
b
hs
Ju
Ja
Ju
Se
Fe
O
A
M
M
D
N
t
on
M
Series1 Series2
50
Dec-06 14,500 Dec-07 14,900
Jan-07 14,000 Jan-08 12,900
Feb-07 12,500 Feb-08 11,700
Mar-07 12,500 Mar-08 10,900
16000
14000
12000
Sales Level
10000
8000
6000
4000
2000
0
ug
pr
n
ct
ay
ec
ar
l
ov
b
hs
Ju
Ja
Ju
Se
Fe
O
A
M
M
D
N
t
on
M
Series1 Series2
51
• PALAK SILK STORE’S (From April 06-07 to March 07-08)
7000
6000
5000
Sales Level
4000
3000
2000
1000
0
ug
n
pr
ct
ay
ec
ar
l
ov
b
hs
Ju
Ja
Ju
Fe
Se
O
A
M
M
D
N
t
on
M
Series1 Series2
52
• BEAUTY CENTRE’S (From April 06-07 to March 07-08)
16000
14000
12000
Sales Level
10000
8000
6000
4000
2000
0
ug
pr
n
ct
ay
ec
ar
l
ov
b
hs
Ju
Ja
Ju
Se
Fe
O
A
M
M
D
N
t
on
M
Series1 Series2
53
• SINGHAL GARMENTS’ (From April 06-07 to March 07-08)
Singhal Singhal
Months Garments Months Garments
Apr-06 2,100 Apr-07 2,314
May-06 1,700 May-07 2,267
Jun-06 1,500 Jun-07 2,100
Jul-06 1,300 Jul-07 1,767
Aug-06 2,300 Aug-07 2,600
Sep-06 2,700 Sep-07 2,933
Oct-06 4,100 Oct-07 4,600
Nov-06 4,900 Nov-07 5,267
Dec-06 5,700 Dec-07 6,600
Jan-07 5,500 Jan-08 5,767
Feb-07 4,900 Feb-08 5,267
Mar-07 4,900 Mar-08 4,933
Singhal Garments' Sales Comparison
7000
6000
5000
Sales Level
4000
3000
2000
1000
0
ug
n
pr
ct
ay
ec
ar
l
ov
b
hs
Ju
Ja
Ju
Fe
Se
O
A
M
M
D
N
t
on
M
Series1 Series2
54
(6) EFFECT OF DISCOUNTED APPAREL BRANDS ON
LOCAL RETAILERS ON PER MONTH BASIS –
1. KHUSHBOO WEARS –
CHARLIE COTTON
KOUTONS KOUTONS- OUTLAW- COUNTY-
06 07 07 07 K.W.-06 K.W.-07
Apr 4,000 0 0 6,000
May 3,000 0 0 5,000
Jun 2,500 0 3,000 4,500
Jul 2,000 8,500 3,000 3,500
Aug 8,000 2,500 10,000 3,500 5,500 6,000
Sep 8,000 3,000 11,000 3,500 6,500 7,000
Oct 9,000 3,000 12,000 2,500 10,000 12,000
Nov 9,500 3,500 12,500 2,500 12,000 14,000
Dec 12,000 3,500 11,500 2,500 14,000 18,000
Jan 11,000 3,000 4,500 2,500 13,500 15,500
Feb 9,000 2,500 3,500 2,000 12,000 14,000
Mar 8,000 2,500 3,500 1,500 12,000 13,000
55
Total Sales Com parison
20,000
18,000
16,000
14,000
Sales Level
12,000
10,000
8,000
6,000
4,000
2,000
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
2. Fashioner Readymade –
CHARLIE COTTON
KOUTONS KOUTONS- OUTLAW- COUNTY- Fashioner- Fashioner-
06 07 07 07 06 07
Apr 4,000 0 0 4,000 4,800
May 3,000 0 0 3,200 4,000
Jun 2,500 0 3,000 2,800 3,600
Jul 2,000 8,500 3,000 2,400 2,800
Aug 8,000 2,500 10,000 3,500 4,400 4,800
Sep 8,000 3,000 11,000 3,500 5,200 5,600
Oct 9,000 3,000 12,000 2,500 8,000 9,600
Nov 9,500 3,500 12,500 2,500 9,600 11,200
Dec 12,000 3,500 11,500 2,500 11,200 14,400
Jan 11,000 3,000 56
4,500 2,500 10,800 12,400
Feb 9,000 2,500 3,500 2,000 9,600 11,200
Mar 8,000 2,500 3,500 1,500 9,600 10,400
Total Sales Com parison
16,000
14,000
12,000
10,000
Sales Level
8,000
6,000
4,000
2,000
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
57
CHARLIE COTTON
KOUTONS KOUTONS- OUTLAW- COUNTY-
06 07 07 07 Pindi-06 Pindi-07
Apr 4,000 0 0 5,500 5,300
May 3,000 0 0 4,500 4,500
Jun 2,500 0 3,000 4,000 4,100
Jul 2,000 8,500 3,000 3,500 3,300
Aug 8,000 2,500 10,000 3,500 6,000 5,300
Sep 8,000 3,000 11,000 3,500 7,000 6,100
Oct 9,000 3,000 12,000 2,500 10,500 10,100
Nov 9,500 3,500 12,500 2,500 12,500 11,700
Dec 12,000 3,500 11,500 2,500 14,500 14,900
Jan 11,000 3,000 4,500 2,500 14,000 12,900
Feb 9,000 2,500 3,500 2,000 12,500 11,700
Mar 8,000 2,500 3,500 1,500 12,500 10,900
58
4. PALAK SILK STORE –
CHARLIE COTTON
KOUTONS KOUTONS- OUTLAW- COUNTY-
06 07 07 07 Palak-06 Palak-07
Apr 4,000 0 0 2,000 1,714
May 3,000 0 0 1,600 1,667
Jun 2,500 0 3,000 1,400 1,500
Jul 2,000 8,500 3,000 1,200 1,167
Aug 8,000 2,500 10,000 3,500 2,200 2,000
Sep 8,000 3,000 11,000 3,500 2,600 2,333
Oct 9,000 3,000 12,000 2,500 4,000 4,000
Nov 9,500 3,500 12,500 2,500 4,800 4,667
Dec 12,000 3,500 11,500 2,500 5,600 6,000
Jan 11,000 3,000 4,500 2,500 5,400 5,167
Feb 9,000 2,500 3,500 2,000 4,800 4,667
Mar 8,000 2,500 3,500 1,500 4,800 4,333
59
Total Sales Com parison
14,000
12,000
10,000
Sales Level
8,000
6,000
4,000
2,000
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
CHARLIE COTTON
KOUTONS KOUTONS- OUTLAW- COUNTY- Beauty Beauty
06 07 07 07 Centre-06 Centre-07
Apr 4,000 0 0 5,400 5,500
May 3,000 0 0 4,400 4,700
Jun 2,500 0 3,000 3,900 4,300
Jul 2,000 8,500 3,000 3,400 3,500
Aug 8,000 2,500 10,000 3,500 5,900 5,500
Sep 8,000 3,000 11,000 3,500 6,900 6,300
Oct 9,000 3,000 12,000 2,500 8,000 10,300
Nov 9,500 3,500 12,500 2,500 10,000 11,900
Dec 12,000 3,500 11,500 2,500 12,000 15,100
Jan 11,000 3,000 4,500 2,500 11,500 13,100
Feb 9,000 2,500 3,500 2,000 10,000 11,900
Mar 8,000 2,500 3,500 1,500 10,000 11,100
60
CONCLUSION – Beauty Centre’s sales firstly was affected but then
its also showed the same increasing sales story.
6. SINGHAL GARMENTS –
CHARLIE COTTON
KOUTONS KOUTONS- OUTLAW- COUNTY- Singhal Singhal
06 07 07 07 Garments Garments
Apr 4,000 0 0 2,100 2,314
May 3,000 0 0 1,700 2,267
Jun 2,500 0 3,000 1,500 2,100
Jul 2,000 8,500 3,000 1,300 1,767
Aug 8,000 2,500 10,000 3,500 2,300 2,600
Sep 8,000 3,000 11,000 3,500 2,700 2,933
Oct 9,000 3,000 12,000 2,500 4,100 4,600
Nov 9,500 3,500 12,500 2,500 4,900 5,267
Dec 12,000 3,500 11,500 2,500 5,700 6,600
Jan 11,000 3,000 4,500 2,500 5,500 5,767
Feb 9,000 2,500 3,500 2,000 4,900 5,267
Mar 8,000 2,500 3,500 1,500 4,900 4,933
61
Total Sales Com parison
14,000
12,000
10,000
Sales Level
8,000
6,000
4,000
2,000
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
62
8. What do you observe about the customer satisfaction level ?
Koutons
Employees / Satisfaction No Very
Level Satisfaction Low Moderate High High
I Emp. *
II Emp. *
III Emp. *
IV Emp. *
Conclusion – Low
Satisfaction
Charlie Outlaw
Employees / Satisfaction No Very
Level Satisfaction Low Moderate High High
I Emp. *
II Emp. *
III Emp. *
IV Emp. *
Conclusion – Moderate Satisfaction
Cotton County
Employees / Satisfaction No Very
Level Satisfaction Low Moderate High High
I Emp. *
II Emp. *
III Emp. *
IV Emp. *
Conclusion – Almost No Satisfaction
63
(9) Sales level growth declining in percentage of DISCOUNTED APPAREL
BRANDS ?
• KOUTONS –
GROWTH RATE
0.40
0.30
0.20
0.10
0.00
-0.10
Ju 0 7
A 07
Se 07
F e 07
F e 08
M 07
D 06
D 07
N 6
N 7
Ju 7
6
Ja 6
O 7
Ja 7
M 07
A 7
M 08
8
0
-0
-0
-0
-0
-0
-0
-0
-0.20
l-
-
-
n-
n-
n-
p-
b-
b-
ay
ug
pr
ov
ov
ct
ct
ec
ec
ar
ar
p
Se
-0.30
-0.40
-0.50
-0.60
KOUTONS
64
CONCLUSION – Therefore it becomes clear from the graph that
they have seen the continuous decline in the graph and if growth
then only due to the peak season.
• CHARLIE OUTLAW –
30.00%
20.00%
10.00%
0.00%
-10.00% Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08
-20.00%
-30.00%
-40.00%
-50.00%
-60.00%
-70.00%
Growth ( % )
65
CONCLUSION – Therefore it becomes clear from the graph that
they are on the track of continuous decline in their sales level.
• COTTON COUNTY –
66
GROWTH RATE
20.00%
15.00%
10.00%
5.00%
0.00%
-5.00% Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 M ar-08
-10.00%
-15.00%
-20.00%
-25.00%
-30.00%
-35.00%
Growth ( % )
67
CHAPTER – 9
CONCLUSION OF DATA ANALYSIS &
INTERPRETATION
68
LOCAL RETAILERS” except in the starting. Hence
the local retailers need to be patient and should
increase their sales by adopting different sales
promotion strategies.
CHAPTER – 10
LIMITATIONS –
This research was not without its part of limitations and some errors and
problems that we faced. These all in a nutshell are as follows –
69
to their loyalty towards their employer or may be due to the unavailability of
time.
4. Time pressure –
This is the responsibility of each and every researcher to find the data as
accurate as possible, so that the results could be justified.
6. Taking time from the employees for the talk during working
hours –
This was the biggest constraint that we faced during the research that is
taking the time from other stores’ employees as they are busy and reluctant
to give any correct information.
70
7. Having a talk with them only at night –
Employees if ready could only talk at night at their home or at our home.
CHAPTER – 11
FINDINGS –
We find out the following results regarding the effect of discounted apparel brands
on local retailers –
This was under the study that these brands are able to capture the market just
after their launch as people feel something new in the apparel market.
Overall we can say that the people get affected by their Heavy-Discount
play.
But they fail to maintain their sales level and growth rate because
customers want QUALITY not heavy discounts. Therefore customers become
aware of the real truth behind these heavy discounts.
71
3. Heavy fall in the sales level and growth rate after a few months –
Now it is clear with the study that local retailers were effected very minutely
in the starting but were able to regain their market share.
One important point here can be that local retailers regain their market share
even after the sale from the branded players. It shows that –
From the study, we can conclude that customers become aware of the truth
of these brands when they are unable to provide quality and provide the goods at
the rates greater than those of the local retailers.
72
Therefore we can say that customers want quality and are ready to spend their
hard earned money even when the product is costly but can’t compromise the
quality.
Then they thought that the product quality may be poor as they are selling that
product which was being manufactured at the cost of Rs.1000/- and now selling at
Rs.250/- only.
“BUT NOW THEY ARE AWARE ABOUT THE TRUTH THAT HE PRODUCT’S
COST IS ONLY RS.100/- AND STILL THEY ARE MAKING THE PROFIT OF
RS.150/- ON THE PRODUCT SELLING AT RS.250/-.”
Due to this play, customers move to their local retailers with increased
faith.
73
Now everyone knows that these big corporate houses want to increase their
number of stores for more name & fame and money.
Since the costs are high like fixed rental or profit to the franchisee, therefore
mostly store are running in losses or at break-even point where the losses are off-
set against the profits of other stores.
74
CHAPTER – 12
RECOMMENDATIONS –
On the basis of the results of the research, I would recommend the following steps
or actions to the branded players –
75
5. To have a close check on the expenses and trying to minimize the
expenses in order to increase the overall profit margin.
6. To have the goods adapting to the local needs of the region –
This will help them in focusing more on providing & maintaining quality than
opening stores.
This has been observed that these players make the strategies at the top level
which may not be suitable for every city. Therefore they should try to make the
strategies for each and every city taking the help of their lower level employees as
they know more about their city.
76
• FOR THE LOCAL RETAILERS –
On the basis of the results of the research and also the recommendations given to
the branded players, I would recommend the following steps or actions to the local
retailers in order to survive in this cut-throat competing market –
4. To not create panic if their market share get reduced but maintain the
quality at the same level as before.
5. To control the expenses.
6. To conduct a survey at their level to find out the preferences of the
customers.
77
10.To use the loyalty-card scheme, so that the retailer may be able to maintain
their existing customers and those customers who are coming first time at
their shop. This can be done by proving them extra discount on their
loyalty-card.
11.To use other sales-promotional activities like giving free gifts.
12.They can also take the help of personal-selling.
But overall, they will have to be patient and maintain their quality and
increase variety.
78
CHAPTER – 13
BIBLIOGRAPHY-
Books –
• Sharma, D.D., Marketing Research, New Delhi, Sultan Chand & Sons
Educational Publishers, 2005.
• Kothari, C.R., Research Methodology, Second Edition, New Delhi, New
Age International (p) Ltd Publishers, 2006.
• Sharma.K.K., Statistics in Management Studies, Fourth Edition, Meerut,
Krishna Prakashan Media (P) Ltd, 2003.
Other Sources –
Websites:
79
• www.koutons.in
• www.charlieoutlaw.com
• www.cottoncounty.in
• http://www.findata.co.nz/markets/Quote.aspx?e=NSE&s=KOUTONS
• www.moneycontrol.com
• http://en.wikipedia.org/wiki/Sampling_(statistics)
• http://www.socialresearchmethods.net/kb/sampling.php
• http://www.statpac.com/surveys/sampling.htm
• www.amazon.com/Sampling-Techniques-3rd-William-Cochran
• www.marketresearchworld.net
• www.socialresearchmethods.net
• www.orientpacific.com/observational-techniques.htm
• en.wikipedia.org/wiki/Research
• Other Research Websites.
80