vijay sales
TRANSCRIPT
Members
• Aashish Gupta• Nirav Gada• Praveen Kushwaha• Ketan Chauhan• Rahul Shankar
Retail - A Booming Industry
" WINNING DOESEN'T ALWAYS MEAN BEING FIRST,WINNING MEANS YOU'RE DOING BETTER THAN YOU'VE DONE BEFORE
From Salesman to king of sales…………………
Emergence of Vijay sales
Came to mumbai in 1966.
Started working as a salesman in an electronics store.
Opened first electronics shop in mahim in 1967.
Initial capital invested 10,000.
Named the first shop after his younger brother Vijay.
It sold sewing machines, fans and black-and-white TV sets.
Four best things
Best products- thrill customers with technology
Best price- Price drives customers and sales
Best service- service is what makes the customer come
again & again.
Honesty
“Risk is everything”- biggest showroom in Goregoan in 1996
Vijay sales-2010
one of Mumbai's leading chain of electronic superstores
9000 products across eleven categories.
four decades of successful operation.
25 branches in Mumbai, 5 branches in Gujarat, 5 branches in Pune
and 2 branches in Delhi.
Employed staff- more than 1500.
technology-based solutions to improve management efficiencies
Software
• Wings software• The company chose Wings Retail Solution
consisting of Wings Retail Appliances Wings Accounting Wings Asset and Wings Payroll • The implementation was completed by April 1,
2008 and all systems are live on Wings.
Purchase
Deliveries
Competitors
Branch Discription
• Branch Manager – Chandan Kharat• Branches – 35• No of employee – 60(Goregaon hub branch)• Employee entry & exit timings:11:15 am & 9:45 pm• Turnover – 7 cr or above(Goregaon Hub
Branch)
3P’S
Products
• TV• Washing Machine• Laptops• Mobiles• Kitchen electronic items• Freeze• Dvd players• Music Systems etc
Ordering Process• Branch manager pass the order to the head office
• Order according to the availability of the products
• Bring products directly from warehouse
• Twice in a weak
• Bring products through contractor
Supply Chain
Company Ware house Branches- Vijay sales
Warehouse
• Location:ShivnariVandukBhiwandi• Reason for choosing these location:Because of octroi Because of low cost of land
Warehouse Location
Merchandising• Arrange the products segment wise
• Same category products on the same self
• Arrange according to the size also
• Keeps new products at the front
• Design keeps on changing
HOME APPLIANCE SECTION
CONSUMER DURABLES- ELECTRONICS
ENTRANCE
ENTRA
NCE
next
TVSelf
Baggage
counterEntranc
e
TV Self
Other Electronics
LED
Cash
Counter
Freez
Mobile & Cameras
EntranceEntrance
Baggage
Counter
Baggage
Counter
Refrigerator
Refrigerator
OvenOven MixerMixer MicrowaveMicrowave
CookerCookerWashing Machine ChimneyChimney Water PurifierWater Purifier
CounterCounter
CashCash
Small Appliances
Small Appliances
DryersDryers
FanFan
Customers
• Volume of customers:
300 for window shopping200 confirmed customer
• Most customers belongs to age of 18-35
• More sales of laptop, lcd & mobile
HR Process
• Most of them are: Graduate & Undergraduate• These are sales executive• Training• Work is being allotted according to the
knowledge of employee• HR person select the best person according to
their skill
Porters - 5 forces
Existing competitors:
(Croma, next, ezone)
Potential entrants
(FDI)
Buyers bargaining
power(various options)
Substitutes(Local retailers)
Suppliers power(brands: Nike, Nikon)
3 Generic Strategies
differentiation Overall cost leadership
focus
UNIQUENESS PERCEIVED LOW COST BY CUSTOMERS LEADERSHIP
Existing market
New market
Future Plans
• Planning to open more outlets
• Planning to open more braches outside Mumbai
• Also planning to increase the capacity of warehouse
• These all shows their sales is increasing
Thank You