Internship Report
Internship Report
Internship Report
ON
OF BRAND FACTORY
BUSINESS ADMINISTRATION
(MARKETING)
(2018 – 2021)
Submitted To Submitted By
1
Acknowledgement
are having will to come forward succeed. Project is like a bridge between
theoretical and practical working with this willing I joined this particular
project. First of all, I would like to that the supreme power the Almighty God
who is obviously the one has always guided me to work on the one has always
guided me to work on the right path of life. Without his grace this project could
not become a reality. Next to him are my parents, whom I am greatly indebted
(Brand Factory, Ranchi) and Special thanks to my worthy people those who
Ranchi for their generous attitude and friendly behaviour. At last but not the
least I am thankful to all my teachers and friends who have been always helping
and encouraging me though out the year. I have no valuable words to express
my thanks, but my heart is still full of the favours received from every person.
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INDEX
1. Executive Summary 4
4. Company Profile 8 - 13
7. Milestones 23 - 33
8. Recommendation 33 - 35
9. Conclusion 35 - 37
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Executive Summary
The objective behind making this project is to know how the Retail Store
are done to allure the customers to come to the store and increase the bill size
of the organization. There are various strategies, discount offers and other
activities, which are used as a part of the store operations aspect of retail.
life for the first time. I was assigned as intern under market operation Division.
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Objective and Scope of Project
1. To find out the details of the operations carried out in the store.
2. To know what are the strategies used by the company to make the
store attractive
1. To the customers.
3. To know how the sales reports are prepared and what strategies are
11. To know the how the displays are created to attract customer.
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Vision, Mission and values of
Future Group
VISION
Future Group shall deliver Everything, Everywhere, Every time for Every
MISSION
We share the vision that our customers and stakeholders are best served by
economic development.
We shall ensure that our positive attitude, sincerity, humility and united
VALUES
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i. RESPECT AND HUMILITY in dealing with everyone within and outside
the organization.
ii. FLOW by constantly learning and being inspired from the universal laws
of nature.
iii. INDIANNESS by believing in oneself and doing things the Indian way.
excellence.
imagination.
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Company Profile
known for having a significant prominence in Indian retail and fashion sectors,
with popular supermarket chains like Big Bazaar and Food Bazaar, lifestyle
stores like Brand Factory, Central, etc. The group also has a notable presence
Future Group, are among the top retail companies listed in BSE and NSE with
Future Group is a corporate group and nearly all of its businesses are
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FBB, Food Bazaar, Food Hall, Hometown, etc. are operated by its retail
division, Future Retail Limited, while its fashion and clothing outlets Brand
Factory, Central, and Planet Sports are operated via another of its subsidiaries,
stores in major cities and online. With these many fashion outlets and
supermarkets, the group also promotes its fashion and sports brands like
Indigo Nation, Spalding, Lombard, Bare, etc., and FMCGs like Tasty Treat,
Fresh & Pure, Clean Mate, Ektaa, Premium Harvest, Sach, etc. It also has
Food Bazaar
Home Town
E-zones
FBB
Food Hal
Future Bazaar
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Easy Days
Centrals
Brands factory
Planet sport
2017. It is India's largest discount retail chain and offers a wide range of attire
reduction spending by contribution the best Indian and Global products. The
retail chain has plans to expand its number of outlet to 100 by 2018.
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The store outlets are between 70000 to 150000 square feet size, Brand factory
Mysuru hosts several Indian and global fashion brands like Pepe pants, Levis,
Arrow, Wrangler, Nike, Reebok, Adidas, Allen Solly, Gini and Jony, Reid and
Taylor among others. The Brand Factory has stores in Mysuru, Mangalore,
Mumbai, Thane, Nagpur, Pune, Raipur, Kanpur, and Kolkata. Brand Factory
world. Through us with your battles. We outline first and offer you to adjust
your rules, some assistance with installing, fit and keep up profile items and
1. Footwear
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4. Fashion Accessories
5. Sportswear
6. Baggage
Area of Operation
The Brand Factory operate in most of the areas in India such as Mysuru, Hubli,
2. Trail Rooms
3. Wash Rooms
5. Parking facility
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Competitors to Brand Factory
2. Central
3. Shopper Stop
4. Pantaloons
5. Reliance Trends
THEORETICAL BACKGROUNDS OF
THE STUDY
What is visual Merchandising?
in a retail setting with the goal of engaging shoppers and boosting sales. This
The key point is that visual merchandising isn’t just about making products
look good. It’s about presenting them in a way that drives tangible increases
in revenue.
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We tend to think about visual merchandising in terms of how products are
experiences, etc.
Interior display
though they are in the stock, which vital in the buying executive course. The
seizure the courtesy of customer, the shop must replicate the customer's needs
Store layout/Docket
Those want of a store will be a paramount figure for those stay with of a
prosperity. Some animated store design cheers customers with shop the whole.
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Mannequins
A used toward clothes retailers will hint at their items in-store What's more in
what their items look like once an animal. The mannequins will typically make
styled on match drifts and also blacks show those advanced results accessible.
Signage
places such as streets or on the inside and outside buildings. The main purpose
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Color-Blocking
The use of usually bold and bright blocks of color in clothing design Color
Hard Tag
and shipping cartons. Hard tags contain metal strips or electronic circuits
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Point of purchase display
Stock must be evident, simple on access, also there must make an extent from
paramount for retailers concerning illustration customers will not main "buy
the thing that they view. However, are additionally ready on discernibly
possess with those physical items. This makes a decisive linking, which
Atmospherics
surroundings. Atmospherics ought to every last bit a with one another with
Light
Light could make second-hand from multiple points of view on retail stores,
from criticalness an item or region of a store should main light up the whole
store. Brilliant light camwood produces a feeling for honesty, positivity, also
peak those store design also drive benefactors with stream through those store,
Music
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Music frolicked inside a store camwood embrace a brand's image, and
camwood also help customers in making buy conclusions. Music that garbs the
style of the store and the bull crowd is a critical characteristic with think about.
Exterior exhibitions
show could assistance the mark duplicate. It might make used to promote.
as with the thing that merchandise are sold in saves. They need aid moreover
an agent method for fortifying style leanings What's more giving work to
a) Windows Display
c) Lightings
d) Seasonal Display
e) Fashion Trends
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Marketing Tools and
Strategies
Catchment Analysis
Catchment analysis provides key information about who lives within the local
catchment, how far they are prepared to travel and in what range, pricing and
promotions will help to drive footfall and increase sales. There are certain
help identify what customers look like, what they might be interested in, their
disposable income and buying power and other is competitor analysis – looks
at the local businesses within your local area, the quantity, products and
services offered and price point. These factors identify the potential level of
demand for your products or services and can highlight or inform your own
rather than by the use of money. The business concept applies well to the
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media companies which have been leveraging the system to their maximum
advantage by using each other’s brand values at various occasions and saving
cash.
ii. Barters can help expand the brand's circle of influence by creating
iii. Barter works well if each party has a need for the other's media brand;
and also when the 'conversion rate' (the tariff at which the barter takes
iv. Barter reduces marketing cash outs, maximizes returns and creates
expense efficiencies.
Dangler
Danglers are hanging signage that is "dangled" from the ceiling of a retail
store. At its simplest, a Dangler can just be rectangular piece of thick paper
with SALE written on it. On the other end, Danglers are a promotional and
marketing item used for advertising sales, discounts, and offers regarding
products.
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Danglers are a striking and cost-effective way of promoting one’s company,
products and special offers. It’s is an effective tool to market your company.
Promotional danglers are the point of sales materials and signs hanging from
the ceilings and shelves of stores. It can be seen nowadays almost everywhere
in shops, malls, coffee outlets, airport, lounges etc. Danglers come in different
shapes and sizes. You can put your creativity to display by making them eye
catching.
Danglers are used a lot in the retail industry but they can be effective in other
places as well. You can also use danglers at a boutique or a pet shop. Medium
and large places that customers visit to buy items will get the most benefit
from danglers. Even so, danglers can be used as a guide in large corporate
offices, such as telling them where the restrooms or conference room is. You
have probably seen promotional danglers at the mall being used in this way.
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Silent Seller
place of business, giving you the opportunity to make a sale. Indoor signs that
promote discounts, special events and new products can effectively increase
customer traffic and sales opportunities. Indoor signs make more sales pitches
for business owners by highlighting additional products and special offers that
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Milestones
1987
The company is incorporated under the name of Mans Wear Private Ltd.
1991
1992
1994
1997
Pantaloon Retail enters modern retail with the launch of the first 8000-
2001
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2002
2003
Big Bazaar entered Tier II cities with the launch of its store in Nagpur.
2004
Bangalore.
2005
2006
Big Bazaar launched India's most popular shopping festival: Sabse Sasta
Big Bazaar launched Shakti, India's first credit card program tailored for
housewives.
Home Town, the home building and improvement products retail chain,
2007
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Big Bazaar launched its 50th store in Kanpur
Big Bazaar initiated the Power of One campaign to help raise funds for
Pantaloon Retail wins the International Retailer of the Year award at US-
Emerging Retailer of the Year award at the World Retail Congress held
in Barcelona.
2008
Big Bazaar dons a new look with a fresh new section, Fashion@Big
Bazaar
Big Bazaar crosses the 100-store mark, marking one of the fastest
2009
social organizations
Big Bazaar captured almost one-third share in food and grocery products
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Pantaloon Retail celebrates its first Shopping Festival across all retail
2010
spearhead the group's value retail business through Big Bazaar, Food
November 2010
Pantaloons embarked on its "next gen" journey with the launch of its
2011
Future Group entered elite gourmet retailing with the launch of its first
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Pantaloons launched its revamped Green Card Loyalty Programme
Big Bazaar completed 10 glorious years and came up with a new brand
Big Bazaar opened its first store in Himachal Pradesh on 21st May 2011
2012
On 1st May 2012, the company introduced a new retail initiative – Public
Holiday Sale
Big Bazaar redefined the concept of customer service with the launch of
Future Sharp Skills Ltd. launched its first skill centre in Kolkata with a
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Pantaloons launched its first store in Ludhiana, Visakhapatnam,
Bilaspur
Keeping pace with the ongoing trends Fashion@ Big Bazaar decided to
Pantaloons joined hands with PAYBACK . Being India's largest and one
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fellows across the country. The fellowship aims to create thought leaders
of tomorrow.
shopping concept where franchises will sell Big Bazaar products through
a catalogue on a 'tablet'.
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Future Group officially launched India's largest State of the Art
Future Sharp, the Future Group arm that trains and develops the skills
2014
Future Group partnered with the Fortune 500 company and one of the
Future Group announced its strategic tie-up with SAP company hybris,
clients.
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Future Group's premium food destination Foodhall launched in Saket,
New Delhi.
Big Bazaar and Ezone were voted as one of the Top 50 Most Trusted
Nielson. The survey also revealed that Big Bazaar is the 4th Most
fbb ties up with India's largest Beauty Pageant Femina Miss India 2014
A New Generation Big Bazaar, Big Bazaar Family Centre was launched
2015
Big Bazaar & Ezone made to the Brand Equity's Top Retailer's List
The Miss Universe from Columbia, Paulina Vega launched Jealous 21's
First Big Bazaar GEN NXT store designed for smart and easy shopping
company, MobiKwik
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The UK based Plymouth City College awarded Future Sharp with a title
T24, Future Group's unique telecom service and loyalty program and of
The most affordable fashion destination, fbb signed youth style icons
Future Group forays into M-Commerce with the T24 Mobile App
Future Group launched the new age convenience store format, KB's
Conveniently Yours.
2016
Big Bazaar Direct tied-up with Oxigen Services to sell the wide
Future Group associated with Bajaj Finserv to launch India's first retail
EMI card
fbb created Guinness World record for the world's largest photobook of
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Future Retail Limited approved a proposed consolidation of the retail
Heritage Foods includes the popular Heritage store chain of 124 stores
2017
2018
Future Group opens largest and most iconic Foodhall store with first of
Future Retail Ltd. acquired Travel News Services India which holds the
Big Bazaar organised one of the world's first 24hrs of Facebook Live
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Big Bazaar for the first time ever created a mobile game 'Deal Skyfall –
Sabse Saste 5 Din' that has transformed the shopping experience in India
fbb launched ' Watch Now Buy Now', India's first ever LIVE online
fashion event
Big Bazaar dropped prices of 1,500 Everyday Items with the 'Har Din
2019
Recommendations
At the Brand Factory there is need to use the best store operations to
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The main problem faced by the customer at Brand Factory are parking
first.
To arrange customer flow in systematic way by which the all floors and
attract customer.
More cash counters and alteration desk are need to add to the Brand
More new ideas should applied for display of the merchandise to attract
the customer.
service.
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Cleanliness in the store is very important to attract to the customers
Conclusion
From start to end store operations play a significant role in any mall. Store
operation is important for efficient and effective sales of any retail store. Store
Stacking, Hanging, etc.) Most of the activities carried out on the store are very
At Brand Factory I came to know that how much the store operations
are important in retail industry and by which way the Indian consumers have
accepted the Retail Culture. Retail store operations are very important part of
retail industry. The main store operation which carried out in Brand Factory
are merchandising and display, regularly cleaning of the floor, adding new
stock regularly to attract the more customers. Regular inventory and display
operation which are carried out in Brand Factory. Indian consumer being price
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sensitive and reluctant to accept changes can be attracted towards malls only
if they are served well. Hence, managers must concentrate that when the
consumers enters the mall he should feel familiar to the atmosphere. At Brand
Factory they stress on this Issue and keep the environment acceptable,
pleasant, and familiar by using best store operations like proper customer care
and suitable parking place for their vehicles. They keep 120 best brands and
give heavy discounts throughout the year so that customers feel eager to enter
the mall.
In Brand Factory I could learn how to carry out various retail store
operations in the store like inventory and display, arranging the lunch and tea
the sales to the sales persons to increase the sale of the store. Store operation
also includes preparation of the stock efficiency and otter reports, how to select
brands, how to select light, music, how to manage crowd flow, importance of
cleanliness, service provided by CSA. I learnt a lot more from this actual
research for the product of your company. I had carried out the research to
know how the store operations are carried out. I could learn all the related
operations with the help of the managers and the staff of the store. The work
given to me was carried out sincerely and at the best efforts by me. I came to
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know all the activities in detail as mentioned in the objectives. All over it was
a great experience.
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