Project Report
Project Report
IMPACT COLLEGE
SEMESTER 5th
SUBMITTED TO
ARYABHATTA KNOWLEDGE UNIVERSITY
PROJECT GUIDE
MR.KEERTHI SARAS SINHA
DECLARATION
I, Srishti Sinha, hereby declare that the Project report entitled "A
Study on Consumer Behaviour'' with reference to "MAX FASHION
Patna” prepared by me under the guidance of Keerthi Saras Sinha,
Impact College. I have undergone for this project for a period of 1
month. I further declare that this project is based on the original
study undertaken by me and not been submitted for the award or
any degree.
Store Manager
ACKNOWLEDGEMENTS
CHAPTER TITLES PAGE NO
1 INTRODUCTION
1.1 RETAIL
1.2 NATURE & BENEFITS OF RETAIL
1.3 OBJECTIVE
1.4 SCOPE
1.5 METHODOLOGY
2 INDUSTRY AND COMPANY PROFILE
2.1 INTRODUCTION
2.2 THE ORGANISATION
2.3 SWOT ANALYSIS
2.4 COMPETITOR ANALYSIS
2.5 PRODUCTS / SERVICES AND
PROCESSES/ FACILITIES
2.6 THE ORGANIZATIONAL STRUCTURE
CHAPTER 1
INTRODUCTION
1 INTRODUCTION
The internship is undertaken at MAX FASHION for 1 month at Patna, Bihar. The project
is done on the topic “A Study on Consumer Behavior with reference to MAX FASHION
“during 5th semester of BBA. Consumer behavior defines the behavior in which
consumer’s exhibit in searching, purchase, evaluation and disposing of product &
services. There are several factors which depend on consumer like behaviour age,
gender, region, references, motivation, culture, etc. The internship targets the
consumers in the MAX FASHION to know the of each behaviour consumer while the
process of buying products. The motive of this internship is to develop interpersonal
skills and communication skills to attract the people. The study on consumer behavior
plays very crucial role in department of marketing for any organization. Without
consumer behavior, estimation and forecasting will be very difficult that what
consumer want what type of need they have. This topic reveals the secret of answers
of questions like why, when, how, where and which related to products. Consumer
behavior helps to know variety of taste and preference of the consumer.
Retailing and retailers are most important elements in marketing. Various products
are sold under retails. In retailing, India reached US $ 53 billion by 2018 in whole world
.Retailers reported $3.53 trillion sales in last year and expected 12% in 2018 . India has
the highest rising retail markets in world having 1.2 billion people. Indian retail groups
are Pantaloon, Shoppers Stop, Spencer’s, reliance, Bharti, Birla, Tata Trent, Lifestyle
retail, Future group, Nyssa Retail etc. India expected revenues of US $ 700 billion by
2020. India ranked first in the global retail development index 2017. Retailing
contributes 10% to the GDP and around 8% to the employment for the country India.
India ranked 5th in the field of retail space.
PLACE PRESENTATION
LOCATION MERCHANDISING
OPERATING HOURS UNIFORMS
SPACE FLEER
CUSTOMER
PROMOTION PRICE
PR MARGINS
PERS SELLING MARK- DOWN
ADVERTISING POLICY
PERSONNEL
SELLING
SERVICE SUPPORT
INTERNAL
MARKETING
1.5 METHODOLOGY
When discussing the impact of technology on shopping and retail, e-commerce is often the
first thing that comes to mind for retailers. However, technologies such as big data, artificial
intelligence, computer vision and the Internet of Things have used data to transform every
part of the shopping experience, from browsing to checkout.
It is important for organizations to embrace digital disruption in order to gain a competitive
advantage. When an industry experiences digital disruption, it typically signals that consumer
needs are shifting. Retailers enhance their analytics process and make better informed
decisions thanks to big data, artificial intelligence, computer vision, and the Internet of Things.
The use of data by retailers is mostly evident in the following aspects, based on the above-
mentioned new technologies
HISTORY
Max was launched in early 2004 in the Middle East. Over the past 11 years the brand has
grown to become the largest value fashion brand in the region. It currently has more than 300
stores across the across 16 countries viz. India, UAE, Saudi Arabia, Kuwait, Jordan, Bahrain,
Qatar, Oman, Turkey, Lebanon, Egypt, Yemen, Sudan, Nigeria, Libya and Tanzania. Max
inaugurated its first store in India in 2006.The business model includes a very strong in-house
private label working with an in-house team of designers. It plans to open 30 new outlets in
India annually.
Overview –
Over 44 years of retail experience.
Over 55,000 employees.
Presence across the Middle East, Africa and the Indian subcontinent.
Over 2,200 outlets and 30 million sq. ft. retail space.
27 own brands and 30 franchised
OUR MISSION
➢ CAREFULLY LISTEN
➢ CONSTANTLY ADAPT
➢ ALWAYS DELIVER
BOSSINI MENS
BOSSINI
WOMENS
KAPPA
JOHN PLAYER
PETER ENGLAND
JOCKEY
SWEETY BELLE
2.6 THE ORGANIZATIONAL STRUCTURE
4.3 OBJECTIVES:
The researcher has observed and evaluated consumer opinion and the growing demand of
their need. The basic objectives of the systematic research are given below:
➢ To find the factors influencing consumer behavior.
➢ To study the satisfaction level of consumers at Max Fashion.
➢ To find out how customers spent their time, money and thinking while purchasing a
product.
➢ To identify the expectation level of the consumers for future demand
CHAPTER 5
DATA ANALYSIS &
INTERPRETATION
UNDER 20 28 28
20-30 47 47
30 40 20 20
40 ABOVE 5 5
Analysis:
From the given data it is specified that, 47% are 20-30, 28% are under 20, and 20% are 30-
40, 5% respondents are between the age 40 above
Chart no. 1 showing age of the respondents
50
45
40
35
30
25
47
20
15
28
10 20
5
5
0
UNDER 20 20-30 30-40 40 ABOVE
Interpretation:
According to this survey, maximum respondents comes between 20-30 age and least respondents
comes under 40 above.
Analysis:
From the above data it shows that 69% income level is 20000-30000, 13% income level is
40000 above, 9% respondent’s monthly income is 10000-20000, 9% income level is 30000-
40000.
Chart no.2 showing monthly income of respondents or their family members.
MONTHLY INCOME
13% 9%
9% 10000-20000
20000-30000
30000-40000
40000-ABOVE
69%
Interpretation:
Most of the respondents comes under the monthly income of 20000-30000 and least is
between 10000-20000.
Q3. Table showing how many times you visits Max Fashion in one
month
Visits
90
80
77
70
60
once in month
50
twice in month
40 weekly
30 weekly twice
20
10 11
8
4
0
ONCE IN MONTH TWICE IN MONTH WEEKLY WEEKLY TWICE
Interpretation:
Most people like to visit Big Bazaar weekly twice in a month and then weekly. Less people
like to visit once in a month.
Q4. Table showing you like ambience and parking of Max Fashion.
SOURCE RESPONDENT PERCENTAGE
YES 98 98
NO 2 2
SUM 100 100
Analysis:
The above data shows that 98% respondents like the ambience of Max Fashion and 2%
don’t like.
Chart no. 4 showing you like ambience and parking of Max Fashion.
AMBIENCE
98
100
90
80
70
60
50
40
30
20
10
2
0
YES
NO
Interpretation:
Almost all respondents like the ambience of Max Fashion.
Analysis:
The given data indicates that 85% respondents think that the behavior of the staffs in Max
Fashion is good and 15% respondents think that the behavior of the staffs are average.
Chart no.5 showing behaviour of staffs in Max Fashion.
BEHAVIOR OF STAFF
15% EXCLLENT
GOOD
AVERAGE
FAIR
POOR
85%
Interpretation:
Almost all respondents like the behaviour of staffs at Max Fashion. Some of them don’t like.
Analysis
From the above data it shows that 79% think that strategy is appreciable , 12% respondents
think that the pricing strategy of Max Fashion is strongly appreciable and 9% respondents
thinks that price is not appreciable .
Chart no.6 showing appreciation of EDLP strategy of Max Fashion.
EDLP STRATEGY
90
80
70
60
50
40 79
30
20
10
12 9
0
STRONG APPRECIATION APPRECIATION NEUTRAL NOT APPRECIATION
Interpretation:
Maximum respondents feel that pricing strategy of the Max Fashion is appreciable and
minimum is not appreciable.
Q7. Table showing behaviour when you see ads of Max Fashion.
SOURCE RESPONDENT PERCENTAGE
RESPOND TO BUY QUICKLY 10 10
RESPOND TO IT SLOWLY 15 15
RESPOND TO IT VERY SLOWLY 70 70
WILL NOT RESPOND 5 5
SUM 100 100
Analysis:
The given data shows that 70% respondents react very slowly towards ads of Max Fashion and 15%
respondents react little slowly towards ads of Max Fashion, 10% respondents react very quickly
towards ads of Max Fashion and respondents will not react.
Chart no.7 showing behaviour when you see ads of Max Fashion.
5% 10%
Interpretation:
Maximum reacts slowly and minimum will not react towards the ads of Max Fashion.
Analysis:
This survey shows that 50% respondents don’t like the offers and discounts of Max Fashion
and feels like gimmicks ,40% express satisfaction and 5% gives no reaction.
Chart no.8 showing reaction towards offers and discounts of Max Fashion.
Interpretation:
According to survey, some respondents like the discounts and offers provided by Max
Fashion and some feels like it is gimmicks.
Analysis:
The data shows that 72% respondents purchase groceries items, 18% like to purchase fashionable
products, 10% like to purchase electronics item.
Chart no.9 showing that the most purchase item is purchased by consumer.
10 0
18
72
Interpretation:
Most of the consumers like to purchase groceries items compared to fashion, electronics
and other things.
Q10. Table showing consumer like to visit Max Fashion along with.
SOURCE RESPONDENT PERCENTAGE
FAMILY 15 15
FRIENDS 72 72
SPOUSE 13 13
OTHERS 0 0
SUM 100 100
Analysis:
From the above data indicates that 72% are like to visit with their friends 15% respondents
are like to visit Max Fashion with their family members, and 13% are like to visit with their
spouse.
Chart no.10 showing consumer like to visit Max Fashion along with.
70
72
60
50
40
30
20
10 15
13
0
0
family friends spouse other
Interpretation:
Maximum respondents like to visit Max Fashion with their friends, then family and spouse.
Analysis:
The given data indicates that the 83% respondents like to shop because of offers,9%
respondents like to shop due to good customer service, 8% due to reasonable price and 4%
respondents shop due to satisfaction of products.
Chart no.11 showing reason for choosing Max Fashion.
Sales
9%
4%
4% OFFER
SATISFACTION OF PRODUCT
CUSTOMER SERVICE
REASONABLE PRICES
83%
Interpretation:
Survey shows that many respondents visit Max Fashion due to offers than customer service and
satisfaction of products.
Analysis
The above data shows that 94% respondents satisfy with the duration of billing process
during payment time and 6% respondents does not satisfy with the duration during
payment.
Chart no.12 showing consumers satisfy with duration of billing process at time of payment.
BILLING DURATION
94
100
90
80
70
60
50 YES
40
NO
30
20
10 6
0
YES
NO
Interpretation:
Most of the respondent satisfy with the billing process and time.
Analysis:
The given data shows 97% respondents thinks that signage helps them inside the Max
Fashion and 3% are not favour of this.
Chart no.13 showing signage boards helps the consumers.
SIGNAGE
97
Interpretation:
Maximum people support that signage help them at the store while purchasing any
products.
Analysis:
From the above data 94% respondents feels that they will refers his friends and relatives to
visit Max Fashion and 6% respondents accept that they will not refer their friends or
relatives.
Chart no.14 showing that consumers refer his friends of relatives to visit Max Fashion.
REFERS
100
90
80
70
60
50
94
40
30
20
10
6
0
YES NO
Interpretation:
Maximum consumers like to refer Max Fashion for their friends and relatives.
UNAVAILABILITY
8%
YES
NO
92%
Interpretation:
From the given data it clearly shows that the maximum consumers not face this
unavailability of products situation.
Analysis:
From the above data it shows that 80% respondents thinks that Max Fashion provides
enough space for them to move around and shopping and 20% thinks that they does not
provide enough space.
Chart no.16 showing that Max Fashion provides free space to move around.
PROVIDES SPACE
80
80
70
60
50
40
30
20 20
10
0
YES
NO
Interpretation:
Maximum consumer are happy with the space provided by Max Fashion for shopping inside
the store.
Sales
9%
10%
STRONGLY AGREE
AGREE
NEUTRAL
DISAGREE
STRONGLY DISAGREE
81%
Interpretation:
Maximum consumers are happy with the overall experience from the Max Fashion.
Qno.18 Table showing that the Max Fashion provide all kinds of
payment modes.
SOURCE RESPONDENT PERCENTAGE
STRONGLY AGREE 75 75
AGREE 0 0
NEUTRAL 0 0
DISAGREE 25 25
STRONGLY AGREE 0 0
SUM 100 100
Analysis:
According to data, shows that 75% respondents strongly agreed& 25% disagreed.
Chart no.18 showing that the Max Fashion provide all kinds of payment modes.
PAYMENT MODES
80
70
60
50
40
75
RESPONDENT
30
20
10
25
0
STRONGLY AGREE NEUTRAL DISAGREE STROLGLY AGREE
AGREE
Interpretation:
From the survey it is found that most of the customer are strongly agree and satisfied with
the payment method provided by Max Fashion.
Analysis:
Chart shows 90% respondents are agreed that Max Fashion provides products for all income level
people and 10% respondents disagree for this statement.
Chart no.19 showing products available for all level of income people.
10
90
Interpretation:
As per survey it is found that big bazaar provides products and services to all level of income
group.
Analysis:
Data shows 79% respondents agreed Max Fashion satisfy their consumers, 9% respondents agree
for this statement.
Chart no.20 showing satisfaction level of consumers.
SATISFACTION
9% 12%
STRONGLY AGREE
AGREE
NEUTRAL
DISAGREE
STRONGLY DISAGREE
79%
Interpretation:
As on survey it is found that big bazaar always try to satisfy consumer.
Analysis:
We can conclude from above data that 80% respondents agreed that security at Max
Fashion is good, 0% respondents disagree and 5% respondents neutral for this statement.
Chart no.21 showing security at Max Fashion is good.
SECURITY
90
80
70
60
50
40 80
30
20
10
10 5 5
0
STRONGLY AGREE AGREE NEUTRAL DISAGREE STRONGLY DISAGREE
Interpretation:
The security provided by Max Fashion is found good by the consumer.
Analysis:
From given statistics it show 75% respondents disagree that customers ask for help while
selecting any help whereas 10% strongly agree that customers ask for help while selecting
any help.
Chart no.22 showing that customer ask suggestions while decision making.
DECISION MAKING
10%
STRONGLY AGREE
15% AGREE
NEUTRAL
DISAGREE
Interpretation:
Maximum customer disagree that they don’t take help from the staff for choosing the
products as they already aware of the product.
Analysis:
Since above data shows 80% respondent strongly agreed that Max Fashion is good platform
to resolve any sort of queries about the product or the services and 5% respondents
disagree for the statement.
Chart no.23 showing Max Fashion resolving customer queries satisfactorily.
RESOLVING QUERIES
80
80
70
60
50
40
30
20
10
10
5
0
5
STRONGLY
AGREE
AGREE NEUTRAL
DISAGREE
STRONGLY
DISAGREE
Interpretation:
From the survey it is found that big bazaar resolve customer issue very fast which satisfy the
customer and motivate them to visit Max Fashion again.
COMMUNACTION
6%
STRONGLY AGREE
AGREE
NEUTRAL
DISAGREE
STRONGLY DISAGREE
94%
Interpretation:
As per survey it is found that all the Max Fashion staff they communicate with the customer
as per the language customer prefer.
STORE LAYOUT
100
90
80
70
STRONGLY AGREE
60
AGREE
50
91 NEUTRAL
40
DISAGREE
30
STRONGLY DISAGREE
20
10
9
0
STRONGLY AGREE NEUTRAL DISAGREE STRONGLY
AGREE DISAGREE
Interpretation:
Maximum customer felt that the big bazaar layout should change and the products should
arrange in proper order which help the customer to shop easily.
CLEANLINESS
5 5
strongly agree
40 agree
neutral
disagree
50 strongly disagree
Interpretation:
From the survey it is found that all the customer are agree about the cleanliness of Max
Fashion.
CHAPTER 6
SUMMARY OF FINDINGS,
CONCLUSION &
SUGGESTIONS
FINDINGS
➢ Most of the respondents are aware of Max Fashion. It is found that Max Fashion
create a very good image in mind of the consumer.
➢ Most of respondents are purchasing products in the Max Fashion for their personal
use only.
➢ Most of the consumers are like to visit more Max Fashion as compare with other
malls which is a good feedback.
➢ Most of consumers are like to shop in Max Fashion because of the reasonable prices
as well the availability of the products.
➢ Customers also prefer to shop in Max Fashion because of lots of offers and discount
provide by Max Fashion.
➢ Most of the consumers agree that Max Fashion provided value of their money.
➢ Most of the customers are refer their friends and relatives to visit Max Fashion
because they are highly satisfy with the Max Fashion facilities and the services which
offer to them.
➢ The majority of customers like to visit Max Fashion with their friends.
➢ Customers agreed that they should improve or modify on store layout designs.
➢ Customers don’t want to waste their time at the billing counter. They don’t like the
long queues at billing section.
➢ Most customers like ambience and parking of Max Fashion.
SUGGESTIONS
➢ The Max Fashion should conduct the meeting with their customers and take
their suggestions which help the company to improve their performance.
➢ Max Fashion should also focus more on electronic items with reference of
offers.
➢ Max Fashion should create more unique offers to attract customers.
➢ A strategy should be developed in which reference person will get some
advantage so that word of mouth will increase.
➢ Most of the customer Max Fashion are of age group 20-30 years. So company
should focus more on those customers to increase the sales.
➢ Max Fashion should train their staff of the store so they easily convince the
potential buyers.
➢ Max Fashion should focus more on customer relationship management
(CRM).
➢ Max Fashion should tie-up with international brands because now a days
most of the consumers prefers western type of products. It simply means
culture is changes day by day.
➢ Instead of focusing on capturing new customers’ Max Fashion should focus
on their loyal customers for maintain the relationship between them.
➢ Max Fashion should come with an idea which helps to decrease the
perception of the consumers mind i.e low price = low quality and also helps
Max Fashion to increase their sales. Because of this perception, many
customers not come to Max Fashion.
CONCLUSION
The important reason behind studying of consumer behavior is that it plays a significant role
in our life. With the help of consumer behaviour study, much of time is saved like thinking at
the store, asking help from the retailers, products choosing, etc.
This study discloses the things related to consumer behavior that how a consumer purchases
the product in a Max Fashion mall or at what basis the consumers select the mall like Max
Fashion. This study founds many reasons like infrastructure facility, discounts, offers,
availability of products, or variety of products which influence the consumers to select Max
Fashion for purchase.
Consumers like the organized type of retailing because it saves their time at shopping time
and also gives a value for money feeling. The lifestyle of consumer is totally different
currently, consumers don’t want to waste their time everyone is busy in this world. Everyone
wants new facilities which saves their time so if any kind of facility which helps them they will
grab it. In previous time much facility was not there, the income was also less of the consumer
as well as the education level, the income level is increases of the consumers and also most
of the consumers now highly educated so because of this factors also consumer behaviour
changes. The main conclusion comes out from this study of consumer behaviour is that the
today’s modern life style most numbers of people like organized type of retailing.
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ANNEXURE
QUESTIONNAIRE
QUESTIONNAIRE
Name:
Gender:
Designation:
Department:
Q1. What is your age?
a) 10-20 b) 20 to 30 c) 30 to 40 d) 40 above
Q2. Mention your monthly income of respondents or their family members.
a) Rs 10000 - Rs20000
b) Rs20000 – Rs 30000
c) Rs 30000- Rs 40000
d) Rs 40000 above
Q3. How many times do you visit Max Fashion in one month?
a) Once in month
b) twice in month
c) Weekly
d) weekly twice
Q4. Do you like ambience and parking of Max Fashion?
a) Yes
b) No
Q5. How do you rate behavior of staffs in the Max Fashion?
a) Excellent
b) average
c) poor
d) fair
Q6. Do you appreciate the EDLP strategy of Max Fashion?
a) Strongly appreciate
b) appreciate
c) neutral
d) not appreciate
Q7. How do you behave when you see ads of Max Fashion?
a) Respond to buy quickly
b) Respond to it little slowly
c) Respond to it very slowly
d) will not respond.
Q8. How do you react to the offers and discounts of Max Fashion?
a) Express my satisfaction
b) Express my satisfaction but feel reduced quality
c) Will not be happy since I feel it is a gimmicks
d) No reaction at all
Q9. What is your most purchase item in Max Fashion?
a) Groceries
b) Fashion
c) Electronics
d) Food items
Q10. With whom would you like to visit Max Fashion?
a) Family
b) Friends
c) Spouse
d) Others
Q11. What is the reason behind choosing Max Fashion?
a) Offers
b) satisfaction of products
c) Customer service
d) reasonable prices
Q12. Are you satisfy with the duration of billing process?
a) Yes
b) No
Q13. Does the Signage boards help you at Max Fashion?
a) Yes
b) No
Q14.Will you refer your friends and relatives to visit at Max Fashion?
a) Yes
b) No
Q15. Have you ever faced any unavailability of products?
a) Yes
b) No
Q16. Do you think that Max Fashion provide free space for the customers to move around
and shop?
a) Yes
b) No