Max Mini Project
Max Mini Project
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INTRODUCTION
Retailing:
To run a successful Retail store there are many elements that are necessary in
retail process like store operations, visual merchandising, sales and promotions, pricing
strategy, store location, customer satisfying etc., Out of all these VISUAL
MERCHANDISING is the key role to maintain a store and the mechanism of store
operations have drastically raised and changed according to present era and have
discussed below as per Max fashion store.
Visual Merchandising:
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Need and Scope Of the study
Need to clear some of your store's current inventory for a new line of products?
With the help of visual merchandising, you can move products faster. If you have a
surplus of a particular shirt in stock and need it gone, try displaying it on a couple of
mannequins near the front of your store. You can further encourage shoppers to buy the
product with prominent "FOR SALE" signs next to the mannequins.
Let's face it, visual merchandising makes stores more enjoyable for shoppers. By
displaying and promoting your products in a manner that encourages higher sales, you
will subsequently create a more enjoyable shopping experience. Shoppers will
appreciate the attention to detail that goes into your window displays and other visual
merchandising material, because it's the small things such as this that will make your
store stand out from the rest.
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Planning to add a new type of product to your store but afraid that customers
won't understand how it works? Conventional wisdom should lead you to believe
that not many people will buy a product if they don't understand how it works. Sure,
some may purchase it simply out of curiosity, but the majority will choose to pass.
Through visual merchandising, however, you can help explain new products to
shoppers.
Visual merchandising is one of the final stages in trying to set out a store in a
way that customers will find attractive and appealing and it should follow and reflect
the principles that underpin the store’s image. Visual merchandising is the way one
displays ‘goods for sale’ in the most attractive manner with the end purpose of making
a sale. “If it does not sell, it is not visual merchandising.” Especially in today’s
challenging economy, people may avoid designers/ visual merchandisers because they
fear unmanageable costs. But in reality, visual merchandisers can help economies by
avoiding costly mistakes. With guidance of a professional, retailer can eliminate errors,
saving time and money. It is important to understand that the visual merchandiser is
there, not to impose ideas, but to help clients articulate their own personal style.
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Visual merchandising is the art of implementing effective design ideas to
increase store traffic and sales volume. VM is an art and science of displaying
merchandise to enable maximum sale. VM is a tool to achieve sales and targets, a tool
to enhance merchandise on the floor, and a mechanism to communicate to a customer
and influence his decision to buy. VM uses season based displays to introduce new
arrivals to customers, and thus increase conversions through a planned and systematic
approach by displaying stocks available.
All the following objectives are helping the fashion retailers to improve their own
retail, fashion house or boutiques sales and popularity. Visual merchandising helps to
promote fashion merchandise.
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CHAPTER-II
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PROFILE OF THE ORGANISATION
Landmark Group:
Baby shop, Splash, Max, Lifestyle, Iconic and Centrepoint (a single store
format housing Babyshop, Splash, Shoemart and Lifestyle) and International
Apparel
Fashion Franchises (Lipsy, Koton, New Look, Reiss & Yours London),
Easybuy (Fashion)
Citymax, Oasis Malls, Foodmark, Spaces, Fitness First, Fun City, Fun
Hospitality
Works
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Healthcare iCare Clinics, Balance Wellness Club
Others retail E-max (Consumer Electronics), Sports One (Fitness Gear), Candelite .
In India, the Group’s Chairman, Micky Jagtiani initiated the LIFE Trust
programme (Landmark International Foundation for Empowerment) in 2000. LIFE
focuses on rehabilitating the less fortunate through various programmes.
Max Fashion:
Max Fashion is a fashion brand under the banner of the Dubai based Landmark
Group. The brand was first launched in May, 2004, in the UAE. Max Fashion has a
combination of physical stores and an e-commerce portal. Headquartered in Dubai, it
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has 500+ stores across 19 countries, the latest of which were launched in Delhi (India)
in Oct, 2018. The first Max Fashion store launched in India was at Indore in 2006.
Type Subsidiary
Industry Retail
Founded 2004
Headquarters Dubai, United Arab Emirates
Area Served Worldwide
Key People Kabir Lumba (CEO Max &Director
Landmark Group)
Vasanth Kumar (Executive Director)
Shital Mehta (CEO, India)
Number of Employees 6000
Parent Landmark Group
Website www.maxfashion.com
The brand has a number of physical stores across the world, sized typically
around 10,000 sq. ft. to 20,000 sq. ft. that sell the company’s own label for clothing,
footwear, accessories, cosmetics, and home products.
Max Fashion.com:
Max started E-commerce & Omni-channel in Middle East & India in the year
2016 to make online shopping simple and customer-friendly through its new website –
MaxFashion.com, along with apps for IOS and Android devices. With a higher
percentage of customers preferring to shop online nowadays, Max intends to improve
its online and mobile presence by launching various Omni-channel features in FY 17-
18.
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India Presence :
Max, a division of Lifestyle India Pvt. Ltd., opened its 1st store in Indore in the
year 2006. In India, Max has more than 200 stores across 80 cities. Max is a mono
brand with its own label merchandise that is created by in-house designers for every
season, and is currently growing at a 35% CAGR year on year.
Max caters to family as its primary TG and Youth as its secondary TG. With Youth
contribution to business growing by 68% every year, the brand engages with this target
audience throughout the year. Max launched three IPR’s in the space of modelling,
design & acting, facilitating aspirations and democratizing fashion for the youth.
• 2016 was the third year of Elite Model Look India and Max association. This
year, the property was conducted at a grand scale in India across 7 cities with
more than 10,000 participants along with the grand world finale taking place in
Milan, with India winners competing with 30 other countries.
• 2014 – Max Fashion partnered with Elite Model Management to sponsor 'Elite
Model Look India 2014', the winners of which went on to represent India at the
Elite Model finale in China. Former Femina Miss India Supranational Vijaya
Sharma and Rinku Malik, both from New Delhi, were declared as winners of
the event.
• 2015 – The winners of Elite Model Look India 2015, Dipti Sharma and Pranav
Patidar, went to represent India in the World Finale held in Milan, Italy.
• 2016 – The winners of the Elite Model Look India 2016, Ajay Singh and
Priyanka BV, represented India in the World Finale held in Lisbon, Portugal
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CHAPTER -III
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VISUAL MERCHANDISING MANAGEMENT
Visual Merchandising:
Visual merchandising is the practice in the retail industry of developing floor
plans and three-dimensional displays in order to maximize sales. Both goods and
services can be displayed to highlight their features and benefits. The purpose of such
visual merchandising is to attract, engage, and motivate the customer towards making
a purchase. Visual merchandising commonly occurs in retail spaces such as stores.
History:
When the giant nineteenth century dry goods establishments like Marshall Field
& Co. shifted their business from wholesale to retail, the visual display of goods
became necessary to attract the general consumers. The store windows were often used
to attractively display the store's merchandise. Over time, the design aesthetic used in
window displays moved indoors and became part of the overall interior store design,
eventually reducing the use of display windows in many suburban malls.
In the twentieth century, well-known artists such as Salvador Dali and Andy
Warhol created window displays.
Research Methodology:
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elements that stimulate their senses such as lighting, music, aromas, and television
screens. The environment in which a consumer is in can influence the purchasing
decisions they make. Research shows that stores that do not communicate well with
their customers, such as the retail store having a poor layout can cause customers to
incur psychic costs, and may lead to customers being deterred from shopping again as
overall shopping pleasure has been reduced. The physical environment is a primary
objective in communicating with customers in retail. Thaler reports that consumers are
more willing to pay a higher price for a product if the product is purchased in a more
favourable environment. This makes customers become more accepting of the higher
price, rather than if it were to be sold in an old rundown store. Customers can form an
important bias of merchandise quality based on the retail store design environment, and
even factors such as employee's interpersonal skills and how they are treated.
Visual merchandising builds upon or augments the retail design of a store. It is one
of the final stages in setting out a store in a way customers find attractive and appealing.
➢ Interior displays:
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➢ Store Layout:
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Mannequins:
Mannequins are used by apparel retailers to display their products in-store and
in the window display. They are a tool used to show consumers what their products
look like on a person. The mannequins will commonly be styled to match trends as well
display the latest products available. A study found that retailers projected an ideal
image to consumers with the size and proportions of the mannequins. This is used to
further reinforce the characteristics of their target market. However, consumers found
the size of mannequins to be unrealistic but would give a favorable response to the
mannequins when they were headless. This was because the participants in the study
found the faces of the mannequins unrealistic and could not relate to them. Therefore,
it is important for retailers to understand the thoughts and opinions of consumers on
visual stimuli such as mannequins so they can create a more desirable shopping
environment for the consumers.
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➢ Point of Purchase Display:
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➢ Atmospherics:
➢ Light:
Light can be used in many ways in retail stores, from highlighting an object or
area of a store to simply illuminate the entire store. Bright light can create a sense of
honesty, positivity, and can promote impulse purchasing. Lighting can also be used to
highlight the store layout and urge customers to flow through the store, exposing them
to more merchandise. The level of brightness in the store is a very important factor in
consumer behavior and the retail environment, as rooms that have dim lighting are less
arousing than more brightly lit spaces. Lighting can influence the customer's decision
making, behavior, and also the overall spatial environment as lighting and ambiance
are connected.
The lighting inside a retail store can be used strategically to highlight products on
display or to create a comfortable environment for consumers. It is an important
element used (alongside music, temperature, fragrance, and layout) in retail to create
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an atmosphere that matches with the brand's personality. The strategic use of light can
change the mood of a consumer and affect their subconscious mind during their
shopping experience within a retail store. A retail store with a soft ambiance and bright
lights highlighting certain products will drive the customer towards these products and
motivate them to make a purchase.
➢ Music:
The music played within a store can promote a brand's image, and can also aid
consumers into making purchase decisions. Music that suits the style of the store and
the target audience is an important factor to consider. Music with a slow tempo can
cause the consumer to relax. This leads to more contact with merchandise and increased
purchasing. Having music, which is popular within the target market, can also
encourage consumers to linger in the store longer.
➢ Scent:
Having a unique scent in a store can differentiate the brand from others. When
customers smell that scent outside of the store, this will trigger their senses and remind
them of that brand and its products. Scents can also trigger emotional responses for
example,
➢ Exterior displays:
Exterior window displays can be used to sell product and entice customers into the
store. An eye-catching, innovative window display can promote the brand image. It can
be used to advertise. Windows can give consumers and by-passers understanding as to
what goods are sold in store. They are also an effective way of promoting fashion trends
and providing useful information to the target audience.
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➢ Window display
The importance of the window display is that it is a touch point consumers have
with the brand. By generating interest or curiosity with the window display, a brand can
leave an impression on the consumer and furthermore the consumer can figure out the
quality and character of the products the brand has to offer. An appealing window
display can create desire of products from that brand and therefore help with generating
sales.
➢ Colour
Colour is a powerful tool in exterior displays. It can aid creativity for exterior
window displays and can have a unique effect on the consumer. The use of color can
create atmosphere, grab the attention of by-passers, and attract them to the
store.Different colors can trigger different emotional responses. For example, blue can
trigger a calm response, green and brown can promote restfulness, warm colours such
as red, orange and yellow can initiate exciting, cheerful, friendly, vibrant, simulating
reactions, purple can give the impression of elegance and sophistication, while grey
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colours can give off a depressing, dull feel.Using colors that associate with a certain
product or brand representation is also a useful technique when planning window
displays. For example, using neutral colors such as green and brown when promoting
environmentally friendly products is favorable, as they give off an earthy, relaxing
effect; therefore, the consumer perceives those products as environmentally friendly.
➢ Lighting:
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➢ Seasonal displays:
➢ Fashion trends:
Window displays can be used to set trends; therefore, window display designers
must always be one step ahead of trends and predict future fashion movements. The
merchandise must be able to direct these trends to the target audience, and be able to
communicate them in a way so the audience is able to understand. Clothing must be
styled on mannequins appropriately with popular clothing to draw consumer attention
to the store.
➢ Tools:
A floor map helps visual merchandisers to find the best place for garments,
according to the color stories of clothes and footwear in the shop. It is a kind of floor
plan with merchandise marked. Another valuable tool is a planogram, to determine the
visual look of your store's flow.
When people hear visual merchandising they typically get nervous and uneasy.
They know it's an important retail term, but not sure exactly what it is or how to do it
well. It can create uncertainty about where to start. If you’re artistically challenged and
financially deprived, creating visual displays can be especially difficult. But here are
the five most important elements of visual merchandising. They are easy to implement
and won't break the bank and, most importantly, they will increase your sales. Strong
visual merchandising has a huge impact on customer experience in your store.
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Whether you're revamping your retail displays or creating new ones, use these
five strategies to help you achieve more impactful and memorable visual
merchandising. And put more money in your pocket this year.
Colour is powerful, and it can make or break your visual displays. A retailer
might create an erratic display, but if the colours coordinate well, the display can still
be a success. Consider using contrasting colours, like black and white, and
monochromatic colours--both create intriguing, eye-catching displays.
Too many times we lose sight of the power of colour and its ability to attract the
eye. Consider your home. You probably have a solid grey or brown couch, but there is
a "pop" of colour from the throw pillows you place on the edges. This is the same
principle. Remember: wherever the eyes go, the feet will follow. So use colour to
catch the eyes of your customers and draw them to your displays.
Where does the viewer’s eye focus on your display? Do their eyes move toward
a specific location on the display? Or are they confused about where to look? Create a
hotspot--or focal point. Why? Because hotspots can increase sales by 229 percent.
Examine your display from the customer’s point of view: the top, the floor, and
both sides. Often the focal point is positioned too high for the customer to see. Always
check your displays to ensure customers can easily view the hotspots and
merchandise. Remember, the hotspot is the product, not a visual element you use
to add to the story. By this I mean, if you put sand and seashells on the table as part
of your sandal collection, make sure the sandals are the focal point and not the sand.
➢ Tell a Story:
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bullet points, and possibly a price proposition. By telling a story, you help the customer
better understand the product and enable the buying decision.
A display may lack a worded sign or an educational sign. That’s perfectly fine;
as long as there’s still a story, the sign can speak for itself. For example, lifestyle
graphics are very popular in telling the story. No words, but the image speaks volumes.
We used dining tables from World Market to create a visual impact. Displaying our
shoes on these tables was kitschy and bold. It caught a customer's eye for sure. And we
got many compliments on the display tables since the tables were unique and a story in
them as opposed to the traditional display pieces stores use.
There’s a space in all retail stores that is the most underutilized. It’s the section
between the displayed merchandise and the ceiling. If this space in your store is empty,
you need to start using it.
You can use this space for many different things, like signage providing information
about products or brands. You could display customer testimonials with the customer’s
name and picture. You could profile a designer or supplier.
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You could also display lifestyle graphics that help customers make associations
with your products. For example, a furniture store could display an image of a family
cozied up on a couch, emitting those warm, fuzzy feelings that put shoppers in a good
mood. A jewellery store could display a woman at a fine dining restaurant wearing a
bracelet, creating an association between the store’s jewellery and a luxurious lifestyle.
Max fashion store focus a lot on the visual effects inside the store. The use of
Lighting, signages and specialized propsis very important for any retail store. The
visual communication strategy is planned and is also brand positioned. Theme or
lifestyle displays using stylized mannequins and props, which are based on a season or
an event, are used to promote collections and are changed to keep in touch with the
trend. The merchandise presentation ought to be very creative and displays are often on
non-standard fixtures and forms to generate interest and add attitude to the merchandise.
Store Atmosphere:
The store atmosphere is one of the very important factors influencing the
purchase. Max fashion store pay a lot of attention to the store atmosphere. The colours,
lighting, music, perfume, arrangement of products etc. are designed store specific.
There is a central team which takes care of the ambience in the store. These people
suggest the ambience according to the mood of customers, time of the day, festivals etc.
to decide about the ambience of the store. The store employees are also involved in the
process as they understand the local tastes better.
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Merchandising Display:
A good sign provides the most information in the fewest possible words. A signage
board generally represents:
Core Items:
These are the apparels that are placed or displayed throughout the year i.e. the
offer runs through lout the year for those items.
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Call Outs:
Call outs are the boards or display manuals which represents the price and fashion of
the clothes. The call outs which display only the price are known as price call outs and
the boards which only display the style or fashion of the apparel is known as fashion
call out. These are pictures and signage’s signalling to the customer in a easy way about
the product category being displayed.
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The display always follows a colour theme or a wall story. This is designed
based on the seasons according to the summer, winter, spring and festive seasons. The
maximum time for which a display maybe put up is a month though usually they try
and change it every fortnight.
Store Window:
Cluster is the group of Mannequins that are displayed at the entrance of the store max
fashion. It represents the set of fashion outfits that are being trend and attractive to the
customers with respective to season and stock.
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ENTRANCE
CLUSTER
• Focal Points:
The focal point of something is the thing that people concentrate on or pay most
attention to.
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CHAPTER – IV
Data Analysis
and
Interpretation
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CHAPTER - IV
Data Analysis and Interpretation
1. Gender of the Customers Visiting Max Fashion
TABLE-1
Gender
Females
84 Males
46.67% 96
53.33% Males
Females
Interpretation
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percentage is that the footfall of male customers in store is more when compared with
females.
40000-60000
82
45.56%
Interpretation
It can be depicted from the figure 2 that the majority i.e. 45.56% of the customers
have monthly income in the range 40000-60000, 34.44% of the customers are having
monthly income in the range 60000 and above. 14.44% of the customers are having
monthly income 20000-40000 and only 5.56% of the customers have monthly income
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less than 20000. This indicates that majority of the customers visiting Max Fashion are
in High income group and many customers are business people and they have a good
purchasing power.
Frequently 49 27.22
Occasionally 87 48.33
Sometimes 23 12.78
Never 0 0
Sometimes
Frequency of visiting
23 Very frequently
12.78% 21
11.67%
Very frequently
Frequently Frequently
49
27.22% Occasionally
Sometimes
Occasionally
87
48.33%
Interpretation
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Figure 3 indicates that the majority of the customers visit the store occasionally i.e.
48.33%, 27.22% of the customers visit frequently, 12.78% customers visit sometimes
and 11.67% of the customers visit very frequently.
Any other
Variety 0 Reasons for visiting
23 0.00% Ambience / Store
environment Ambience / Store
12.78%
33 environment
18.33% Better quality
Less price
Better quality
38 Attractive offers and
21.11% discounts
Attractive offers
and discounts Variety
86 Less price
47.78% 0 Any other
0.00%
Interpretation
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The top three reasons quoted by customers for visiting an organized retail outlet are
better quality, attractive schemes and discount offers and ambience. It is clear from the
figure 4 that 47.78% customers visit the organized retail store for attractive offers and
discounts. 21.11% customers visit to get better quality of products. 18.33% customers
visiting an organized retail outlet was the store environment and ambience it provides.
While other 12.78% customers visit organized retail outlet because of the variety of
brands available in the store. The above analysis indicates that the consumer choice of
a store is influenced by the store environment, of which visual merchandising plays a
vital role.
Creative product
display
103
57.22%
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Interpretation
From the figure 5, we can observe that the majority i.e. 57.22% of the customers
were attracted by product arrangement and creative window display. 21.11% of the
customers visiting store observes the mannequin styling. 15% of the customers visiting
the store first observe the bold graphics and only 6.67% of the customers notice the
music and lighting in the store. So, we can say that the features of visual merchandising
play a vital role to influence the consumer behaviour.
6.Good interior and display affect your buying behaviour and stimulate you to
shop more?
TABLE-6
No. of respondents Percentage (%)
Strongly Agree 23 13
Agree 56 31
Neutral 68 38
Disagree 19 10
Strongly Disagree 14 8
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Interior and Display inflence on
buying behaviour
Strongly
Disagree
14
Disagree 8% Strongly Agree Strongly Agree
19 23
10% 13% Agree
Neutral
Disagree
Agree
56 Strongly Disagree
Neutral 31%
68
38%
Interpretation
The figure 6 reveals that 38% of the customers neutrally feel that good interiors and
display affect their buying behaviour and stimulate to shop more. 31% of the customers
agree that interior and creative window display impact on their buying decision.31% of
the customers strongly agree. The reason behind this is that apparels on display attract
more attention and have a positive impact on our buying behaviour. While 10% of the
customers disagree that their buying behaviour will not affect by good interior and
display.
TABLE-7
Try new apparels No. of respondents Percentage (%)
Very frequently 23 12.78
Frequently 46 25.56
Occasionally 53 29.44
Sometimes 37 20.56
Never 21 11.67
Total 180 100
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Customers who try new apparels
Never Very
21 frequently
11.67% 23
12.78%
Occasionally
53
29.44%
Interpretation
From the figure 7, it is clear that 29.44% of the customers occasionally try new
apparels which are displayed. 25.56% of the customers frequently try new apparels
which are displayed. 12.78% of the customers said very frequently they try new
apparels while 11.67% of the customers do not try new apparels and prefer their usual
garments. Since, a majority of customers have a tendency to adapt change therefore;
the retailers can make use of this opportunity. They can make use of effective visual
merchandising techniques and can attract customers to buy new apparels.
TABLE-8
Attention paid to signage No. of respondents Percentage (%)
and display
Very frequently 43 23.89
Frequently 56 31.11
37
Occasionally 34 18.89
Sometimes 27 15
Never 20 11.11
Total 180 100
Interpretation
From the figure 8, we can observe that majority i.e. 31.11% of the customers pay
attention to the display and signage in the store. 23.89% of the customers very
frequently pay attention to the display and signage while only 11.11% of the customers
do not pay attention. Signage are the most important means by which a customer gets
to know about the price of product and the discount offered on that product. Display
windows are an ideal opportunity to attract customers’ attention and drag them into
your store. Customers give three to five seconds of their attention to window display.
Therefore, the retailers’ visual message should be conveyed to the customer in that short
period of time.
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9. Signage promotes impulsive buying
TABLE-9
Signage promotes No. of respondents Percentage (%)
impulsive buying
Strongly Agree 24 13.33
Agree 64 35.56
Neutral 58 32.22
Disagree 19 10.56
Strongly Disagree 15 8.33
Total 180 100
Interpretation
Figure 9, indicates that majority i.e. 35.56% of the customers agrees that the
signage will have an impact on their impulsive buying decision. Signage are the most
important means by which a customer gets to know about the price of product and the
discount offered on that product. Ultimately signage promotes impulsive buying
decision of the customer. While 8.33% of the customers strongly disagrees that their
buying decision will not affect by signage.
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10. Color, lighting, ambience and attractive visuals make you to spend more time
in store?
TABLE-10
No. of respondents Percentage (%)
Strongly Agree 18 10
Agree 42 23.33
Neutral 64 35.56
Disagree 34 18.89
Strongly Disagree 22 12.22
Total 180 100
Strongly
Disagree Strongly Agree
22 18
12.22% 10.00%
Disagree
34 Strongly Agree
18.89% Agree
Agree
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23.33% Neutral
Disagree
Strongly Disagree
Neutral
64
35.56%
Figure 10: Relationship ofColour, Lighting, Ambience and Attractive Visuals with Time
Spent in Store
Interpretation
The figure 10, illustrates that 35.56% of the customers neutrally feel that the colour,
lighting, ambience and attractive visuals make them to spend more time in the store.
While 12.22% strongly disagrees that the attributes of visual merchandising don not
have relation with the time spent in the store. Retail store elements such as colour,
lighting and visual merchandising have always been considered as having immediate
effects on the buying decision making process.
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11.In store Merchandise and Mannequin display promotes impulsive buying?
TABLE-11
No. of respondents Percentage (%)
Strongly Agree 23 12.67
Agree 48 26.67
Neutral 68 37.78
Disagree 23 12.78
Strongly Disagree 18 10
Total 180 100
Figure 11: Percentage of store merchandise and mannequin promotes impulsive buying
Interpretation
Figure 11, Illustrates that 37.78% customers feel that their buying decision will
promoted by store merchandise and mannequin. While 12.78% of the customers
disagree that their buying decision are not influenced by store merchandise and
mannequin. Effective visual merchandising together with good quality products and
attractive mannequin display can attract good number of customers.
TABLE-12
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No. of respondents Percentage (%)
Strongly Agree 25 13.89
Agree 67 37.22
Neutral 49 27.22
Disagree 23 12.78
Interpretation
It is clear from the figure 12 that 37.22% of the customers agree that their final
buying decision is affected by visuals and display of apparels while 8.89% customers
said that visuals and display have no effect on their final buying decision. Visual
merchandising sets the context of the merchandise in an aesthetically pleasing fashion,
presenting them in a way that would convert the window shoppers into prospects and
ultimately buyers of the product. Various tools of visual merchandising like graphics
and signage, window display, mannequins and dresiforms and lighting can be
effectively used to influence the final buying decision.
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13.Which types of VM techniques are more attractive?
TABLE-13
Techniques of VM No. of respondents Percentage (%)
Props 12 6.67
Lighting 8 4.44
Space management 2 1.11
Out-of-box thinking 0 0
Techniques of VM
Lighting Space
8 management
4.44% 2
1.11%
Props Graphics and signage
12
Fixtures
6.67% Graphics and
signage Props
52
Lighting
28.89%
Space management
Out-of-box thinking
Fixtures
106
58.89%
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Figure 13: Types of VM techniques are more attractive
Interpretation
It is clear from the figure 13 that the majority i.e. 58.89% customers said that VM
techniques like interior store design, window and entrance, flooring &ceiling, display
systems, merchandise display system, stock keeping units and furniture are more
attractive in the store. 28.89% of the customers said that graphics and signage are more
attractive in the store while other 6.67% customers said that props are more attractive
in the store. It indicates that VM techniques play a vital role in the store operations. It
influences the consumer buying decision. The retailers can make use of these factors to
attract customers to their stores. The various factors of visual merchandising if applied
in harmony can be used as a unique selling proposition.
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CHAPTER – V
• Summary
• Findings & Suggestions
• Conclusion
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Findings
i. Majority of the customers visiting Max Fashion are in High income group
and many customers are business people and they have a good purchasing
power.
ii. Most of the customers visit organized retail outlet because of the variety of
brands available in the store.
iii. The consumer choice of a store is influenced by the store environment, of
which visual merchandising plays a vital role.
iv. Majority of the customers were attracted by product arrangement and
creative window display, mannequin styling, music and lighting in the store.
v. Most of the customers agree that Good interior and display affect their
buying behaviour and stimulate them to buy more from the store.
vi. Majority of the customers were attracted by creative window display and try
new apparels which are displayed. Since, a majority of customers have a
tendency to adapt change therefore; the retailers can make use of this
opportunity.
vii. Majority of the customers pay attention to the display and signage in the
store. Signage are the most important means by which a customer gets to
know about the price of product and the discount offered on that product.
Display windows are an ideal opportunity to attract customers’ attention and
drag them into your store. Customers give three to five seconds of their
attention to window display. Therefore, the retailers’ visual message should
be conveyed to the customer in that short period of time.
viii. Most of the customers agree that the signage will have an impact on their
impulsive buying decision. Signage are the most important means by which
a customer gets to know about the price of product and the discount offered
on that product. Ultimately signage promotes impulsive buying decision of
the customer.
ix. 37.22% of the customers agree that their final buying decision is affected by
visuals and display of apparels. Visual merchandising sets the context of the
merchandise in an aesthetically pleasing fashion, presenting them in a way
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that would convert the window shoppers into prospects and ultimately
buyers of the product.
Observations
➢ The entry and exit are clustered in such a way that it allows Max fashion
leverage on foot holding time.
➢ The closed back windows are used in such a unique manner such that it
attracts passer-by to visit stores physically.
➢ Max fashion, Vizag has segmented its product in demographic way.
➢ In house brands are placed at eye level.
➢ Detail presentation of in-house brands and premium brands are done on
mannequins at every corner of the store.
➢ Customer loyalty programmes are very attractive to the customers.
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In Women’s Ethnic wear, there are 3 types of zones. They are:
1. Fusion
2. Traditional
3. Tavisha
1. Young
2. Denim
3. Sporty
4. Timeless
5. Everyday casual
6. Sleepwear
Suggestions:
The research findings of present study have more practical orientation and
which is important for the marketers in retail sector. Hence, the study suggests the
following.
1. The study suggests the use of ‘whispering window’ to attract customers into the
store. Instead of using loud music to attract customers, the retailers can use
whispering window. These attract shoppers’ attention to a specific sale item,
introduce the benefits of a new product and build brand awareness.
2. Most of customers are willing to purchase products from retail stores in the
evening hours. Therefore, managers can pay special attention to make attractive
environment in the store premises.
3. When designing the product display, store managers should pay special
attention on category layout, canola (Light ceiling), color separation, lighting
box.
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4. The background music will also encourage customers to spend extra time in the
store. However, it has very low importance relative to the other elements of in-
store environment. It will help to encourage customers to have a pleasant mood.
And also customers will consider the shopping in such a store is one of
entertaining exercise.
5. Point-of-sale add-ons also known as "impulse buys" can generate extra money
in sales. Think of small items that people usually forget like batteries, light
bulbs, gift wrapping, etc; these small items can be placed near or at the cash
counter as a gentle reminder to the customer.
Conclusion
We would like to conclude by saying that Max Fashion Store has carved a niche
for itself in the retailing industry as a store that caters to customers from all classes.It
has an effective visual standards and brand image, highly talented and professionals in
servicing and good network and usage of the attractive and attributive colors in
representation and the vision repels the motive and goals and target.
Max Fashion Store ,Vizag has positioned its store in such a manner that it
attracts passers-by to make a physical visit to the store .The decors and graphics used
by Max Fashion Store, has made itself a stand out among other retail giants. It has been
able to segment its merchandise in such a manner which is both customer friendly and
profit merchandiser. In house brands are placed at eye level so that it accounts the
maximum Customer footfall generator.
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BIBLIOGRAPHY
50
Bibliography
REFERENCES:
PRIMARY DATA
➢ http://www.landmarkgroup.com/
➢ http://www.maxfashion.com/
Books:
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6. Jump up to:a b c d e Opriş (Căs. Stănilă), M.; Brătucu, G. (2013). "Visual
Merchandising Window Display". Bulletin of the Transilvania University of
Brasov. Series V: Economic Sciences. 6 (2): 51–56.
7. Jump up to:a b c d Park, Hyun Hee; Jeon, Jung Ok; Sullivan, Pauline (2015-01-
01). "How does visual merchandising in fashion retail stores affect consumers'
brand attitude and purchase intention?". The International Review of Retail,
Distribution and Consumer Research. 25 (1): 87–
104. doi:10.1080/09593969.2014.918048. ISSN 0959-
8. Monash University. (2002). The Power of In-store Music and its Influence on
International Retail Brands and Shopper Behaviour: A Multi-Case Study
Approach. Retrieved from http://www.semus.lt/medziaga/1.pdf.
9. Jump up to:a b c Baker, J.; Parasuraman, A.; Grewal, D.; Voss, G. (2002). "The
Influence of Multiple Store Environment Cues on Perceived Merchandise Value
and Patronage Intentions". Journal of Marketing. 66 (2): 120–
141. doi:10.1509/jmkg.66.2.120.18470.
10. Dmitry Galun (2012-09-18). "The value of the color spot in the clothes visual
presentation". www.rusnauka.com.
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ANNEXURE
53
ANNEXURE
QUESTIONNARE:
Name :
Age:
a) 16-20
b) 21-35
c) 36 and above
Gender:
a) Male
b) Female
Occupation:
a) Employed
b) Business/others
c) Professional
d) Unemployed
Marital Status:
a) Married
b) Single
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Qualification:
a) Under graduate
b) Graduate
c) Post Graduate
d) Professional
a) 10,000-25,000
b) 26,000-50,000
c) 51,000 and above
55
State Yes or No Yes No
1. A product being placed like a mess means that they are
cheap.
2. Your interest towards a product can be raised if you can see
it clearly with the help of proper lighting and fixtures and
helps you to make a right choice.
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16. Shop with music whispering can let you feel relaxing
and helps to make a right decision while shopping
17.Scents and fragrance in the store enlivens your mood
,catch your attention and you buy more than what you
have planned
18. Females enjoy shopping for cosmetics and fragrance
with good music and fragrance and the mood of shopping
helps them to make a right choice of product.
19. You always pay attention to different window
displays which gives you the idea and information about
the merchandise available which in-turn helps you to start
your buying process.
20. Frequent changes of the window display arouse your
interest towards products of that store and also help you
to learn about new merchandise arrivals.
21. Back-lighted signs are usually more outstanding at a
cosmetic or perfume counters which helps to get the clear
information to pick up the right product.
22. Signage in form of tags increases awareness and
offers you more information about the product (e.g. Price,
material) and attracts your attention and navigates you
towards the merchandise
23. The more information you have got about the product
through display along with signage the more likely you
will buy it.
24. You prefer to shop only in those retail outlets which
has good space to move in with broad aisles and proper
layout
25. You tend to buy more (impulse buying) when your
product is placed with another related product. (Cross
merchandising) especially perfumes counter near the
cosmetics counter.
26. You spend more number of hours of shopping than
actually required in a well-organized, well arranged, self-
servicing retail outlet with good ambience.
27. A good ambience with sensory retailing relieves
stress, makes your day happy and makes you a fun
shopper.
28. Good ambience which results from Visual
Merchandising strategies is needed for helping consumers
make buying decisions for cosmetics and perfumes.
29. A well-arranged display counter is very necessary for
cosmetics and perfumes stores to help consumers pick up
the right merchandise.
30. A well planned store with proper layout simplifies
your shopping procedure for cosmetics and perfumes.
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