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ABSTRACT:
The project analysis the potential consumer of ready-to-wear ethnic wear for hypermarket format in terms of demographic and psychographic. The journey starts with designing of a questionnaire so as to conduct a primary survey which would help to develop the demographic and psychographic profile. The questionnaire developed was in a way that the target audience can be categorized and the audience with highest potential was selected and studied in detail. The final outcome of the research was drawing promotional strategies for the target segment categorized into ATL and BTL strategies.
INTRODUCTION:
A hypermarket is a superstore which combines a supermarket and a department store. The result is a very large retail facility which carries an enormous range of products under one roof, including full lines of groceries and general merchandise. When they are planned, constructed, and executed correctly, a consumer can ideally satisfy all of their routine weekly shopping needs in one trip
India cannot go without ethnic wear as it is a very important category for hypermarkets. Ethnic wear is gaining more footage even in the younger generation as it is ready to wear, comfortable & has its own style statement. Retailers like Pantaloons, Lifestyle etc have their in house brands for this product category as 40% of space is allocated for this particular category.
The growing potential of ethnic wear is an attraction an also its unstructured format fascinates therefore a lot of retailers are venturing into this segment and few of the existing players are as Biba, Akriti, Anokhi, W, etc
RESEARCH OBJECTIVE:
1. To draw Demographic and Psychographic profile of ...