International Journal of Management and Development Studies

  • Year: 2014
  • Volume: 3
  • Issue: 11

Factors Determining Retail Customer Satisfaction: A Study of Organized Retail outlets in an Indian Capital City

  • Author:
  • Anjali Panda1, Basanta Kumar2
  • Total Page Count: 10
  • DOI:
  • Page Number: 47 to 56

1Research Scholar, Department of Business Administration, Utkal University, Bhubaneswar, India

2Reader & Placement Officer, Department of Business Administration, Utkal University, Bhubaneswar, India

Abstract

Over the last two decades, Indian retail has grown both in size and volume. It is one among the fastest growing sectors in the economy. The change from unorganized to organized retailing has resulted in a significant shift in consumer behavior. The changing behavior of the consumers has demanded that the retailers to adopt innovative ways of offering different values to the customers. The study explores to find the factors determining the satisfaction of the retail customers. Structured questionnaires and scenarios formed data collection tools from 178 respondents in Bhubaneswar, the capital city of Odisha state. Descriptive statistics like percentage analysis and the weighted average and chi-square test were used to analyze and interpret the data. This study indicates that products, services, promotions and sales personnel play a vital role in the organized retailing sector. The findings suggest that the marketing strategies of retailers be a valuable tool for enhancing the retail business values and sales.

Keywords

Customer satisfaction, Customer delight, Mall shopping, Marketing strategies, Organized retail, Organized formats