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Retails are India largest industry, accounting for over 10 percent of the countrys GDP and around eight percent of the employment. The market size of Indian retail industry is about us $312 billion Organized retailing comprises only 2.8 percent market and is estimated at around us$8.5 billion The organized retail sector is expected to grow to US $ 70 billion by 2010 of the total retailing
Every company is interested in organized retail, and too much money is coming into the industry. Three big groups comprising Reliance industries, the Bharti-Wal-Mart combine, TATA and the Aditya Birla group have lied up investments in excess that figure. Then there is other like the Hero group that is talking of getting into organized retail. The reason for so much investment in that industry is that retail is a strategic industry. Its the point where supply and demand converges. Anyone who controls this point even in any significant way-can become a decisive force in the economy, but the bigger reason why companies are so interested in organized retail is the sheer size of the opportunity. Currently, organized retail covers only 3% of the total market which is very less compared to over 60-70% levels in western countries. No fresh demand needs to be created, it already exists. The only challenge is to pull consumers away from Kirana stores, or roadside hawkers or neighborhood markets into cleaner and better laid out shopping environments. Indeed, when retailer is down, its not because there was no demand, its usually because the retailer wasnt efficient enough to give consumers a better value proposition.
Dhiraj Sons is in business since last 62 years, starting off with doing small business in Grocery and Kirana shop in posh area of Bardoli. It was the first to start a Family General Store in 1947, namely R. Dhiraj Modi. Subsequently following the overwhelming response from the people, for the first time in Gujarat, it ventured into a Departmental Store Dhiraj Sons in 1984. It became a pioneer in introducing for the first time in Gujarat the self-service system and online computerized billing system. Continuing with the successful progress march, it also added a Greeting Card Shop, a Music Shop, Plastic Corner and a Stationery Corner to its establishment in the year 1995, which was due to the faith and love of the people of Surat in us and our management, which made us stand apart from the rest of our competitors. From a small Grocery Store in 1947 to super store, Mega store and Fashion World in 2002 shows the kind of progress we have made and always leading from the front. This all has been possible because of the trust and love from our valued Dhiraj customers and due to our competitor in29-04-2000, we inaugurated Dhiraj sons.
presenting a constant changing Fashion World. The entire with place is totally air conditioned gorgeous automatic
groceries, toiletries, food stuffs, household items, crockery's, watches, electronic items, gift items etc. A store housing all kinds of groceries,
SUPER MARKET
toiletries, food stuffs, household items, crockery's, watches, electronic items, gift items etc.
TOY SHOP
An extravagant collection of toys & soft toys and games are available for kids of all ages. Cards for Birthday, Anniversary, Sorry, Thank you, New year, Christmas, Pateti, Idd, Condolences, Friendship, Love, Best Wishes and all Occasions. All kinds of plastic items like buckets, tumblers, boxes, jars, household items etc. English, Hindi, Gujarati Audio Cassettes and Compact Discs ( CD's).
Customer satisfaction is the individual perception of the performance of the product or the service in relation to his or her expectations. Application of knowledge of customer satisfaction:The knowledge of customer satisfaction is very much important for the company is following way: To help in development of product and services. To helps in designing marketing activity for future. To helps in marketing segmentation & strategies development. To helps in knowing the product positioning & feeling in the mind of target audience for the product or service. To helps in improving the activities that will be according to the need of the customers.