india retail 2008 big bazaar scenario
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Type Hypermarket
Founded 2001
Headquarters Jogeshwari, Mumbai
Industry Retail
Products Department, Grocery store
Promoter Kishore Biyani
Parent Pantaloon Retail India Ltd.
Punchline ‘Is se sasta aur accha kahin nahin’
Currently 83 outlets
One stop shopping at discounted prices.Provides Best Products at the Best Prices.Targets price conscious majority segment
of customers.Classless destination.Attracts a few thousand customers per day‘Is se sasta aur accha kahin nahin’
MARKETING MIX‘7 P’s ANALYSIS’
DENIMS &-T shirts
Fabrics & CutPiece
Formal Wear
Casual Wear
Party Wear
Ethnic Wear
Accesories
Undergarments
Night Wear
DressMaterial
Sarees
Shampoos
Detergents
Soaps
Liquid Wash
Creams
Deodrants
HomeCleaners
Utensils
Plastics
Crockery
Sundries
Soft Drinks
PackagedJuices
Milk Items
Frozen Food
Ice creams
Staples
Ready to eat
Ready toCook
InternationalFood
Spices
ImportedBazaar
Tea & Coffee
Fruits
Vegetables
ImportedFruits
DairyProducts
PRODUCT MIXAPPARELS FOOD FARM PRODUCE CHILL STATION
HOME & PERSONAL CARE
TelevisionSets
WashingMachines
Refrigerators
Personal Care (Shavers, etc)
mBazaar
Microwaves
SmallAppliances
Laptops
ComputerAccessories
KitchenAppliances
mr. right
Bakery
Loot Mart
Tulsi
future money
futuregeneralli
Kids Wear
Toy Bazaar
Stationery
Child Care
FootwearBazaar
Beauty Care
Navaras
Star Parivar
MeenaBindre
Living Room
Bed Room
Kitchen
Dining Hall
Kids Room
Bean Bags
Paintings
DecorativeItems
PRODUCT MIXELECTRONICS
bazaar Fashion &
JewelleryFurniture
bazaar Child Care &
Toys Other Services
mr.right
IN HOUSE BRANDS @ BIG BAZAAR
DJ & C CLEAN MATE SENSEI
KORYO STAR SITARA CARE MATE
FRESH & PURE RENUKA MAJITHIA
SARAPOLO and 40 more brands
FEW BRANDS @ BIG BAZAAR
PRICING OBJECTIVE
MAXIMUM MARKET
SHARE
PRICINGVALUE PRICING (EDLP)PROMOTIONAL PRICING
- LOW INTEREST FINANCING - PSYCHOLOGICAL DISCOUNTING
- SPECIAL EVENT PRICING (GUDI PADVA)
DIFFERENTIATED PRICING- TIME PRICING
BUNDLING
TIME PRICING
LOW-INTEREST FINANCING
PSYCHOLOGICAL PRICING
BUNDLING
MRP Brand
Atta 10kg 240 185 Shakti Bhog
Rice 10kg 210 210 Parimal
Dal 5kg 225 225 Moong
Sugar 5kg 95 94.05 Renuka*
Tea 500g 54 53.46 Red Label
Coffee 50g 68 68 Nescafe
Refine Oil 10ltr 860 759 Dhara
Ghee 2kg 400 330 Fresh n Pure*
Salt 2kg 20 19.98 Tata Salt
Soap 6pc 114 99 Cinthol
Shampoo 400ml 199 179 Garnier
Toothpaste 300g 79 74 Colgate
Detergent 110 69 Clean Mate*
Detergent Soap 4 40 39.96 Surf Excel Bar
Bathroom Cleaner 2 100 50 Clean Mate*
Bourntiva 500g 124 115 Bournvita
Total 2688 2409.51 Save 276.51
PRICING
DISCLAIMER: * Price As on 5th April 2008
PLACE – Store Locations
- SUPPLY CHAIN BIG BAZAAR
Supplier
Warehouse
Inspection
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Quality Check
Inspection
SUPPLY CHAIN – BIG BAZAAR
PROMOTION‘Saal ke sabse saste 3 din’
Future Card (3% Discount)Shakti Card Advertising (Print Ads, TV Ads, Radio)Brand Endorsement by M.S.DhoniExchange Offer – ‘Junk Swap Offer’Point-of-Purchase Promotions
Some of the Key offers:
- A Dish TV SetTop Box at Rs 999/- (original cost Rs 3500/-) on a shopping of Rs 3500/-
- 5 Kg Rice + 5 Kg Sugar + 5 Kg Oil for RS 599/-.
- Branded Microwave 17 ltrs at Rs 1999/-.- Branded DVD Player + Home theater at
Rs 2999/-.- Magnum Queen Metal Bed with
mattress and 2 pillows of Rs.12000/- at Rs.5999/-.
- Nirlon Fry Pan @Rs.569/-. Get Tawa,Kadai & Gas Toaster free
Faida Zone
INTERNATIONAL FOOD FESTIVAL
BILLBOARDS
PUBLIC RELATION
PEOPLEWell Trained StaffAppearanceEmpowered IndividualEncouraged To Think Out Of
The Box Employ close to 10,000 people
and recruit nearly 500 additional people every month
Use Scenario Planning as a tool for Quick Decision Making
Security Gaurds At All Gates
PROCESS
PROCESS Contd..
PHYSICAL EVIDENCE
SWOT ANALYSIS
Strength- High Brand Equity- State-of-art infrastructure- EDLP- PoP promotions- Variety of stuff under single roof
Weakness- Unable to meet store opening targets- Falling revenue/sq. ft.- General perception
Opportunity- Organized retail (4.15%)- Evolving consumer preferences
Threat- Competitors - Government policies- Unorganized retail
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