BIGBAZAR @ aBHIwe

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    9/9/2010 Big Bazaar , Indirapuram 1

    Abhay Kumar Giri, Abhishek Chakraborty, Abhishek Singh,

    Alakh Kumar Niranjan, Amit Kumar Singh

    BigTeam

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    Methodology

    Research Instruments: Interviews and Questionnaire

    Data Source: Primary and Secondary Data

    Sample Size: 10

    Sample Location: Ghaziabad City

    Sample Elements: Student, Businessman, Household.

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    Type HypermarketFounded 2001Headquarters Jogeshwari, MumbaiIndustry RetailProducts Department, Apparels .Promoter Kishore BiyaniParent Pantaloon Retail India Ltd.Punch line Is se sasta aur accha

    kahin nahin

    WEBSITE www.bigbazaar.com

    Currently 104 outlets

    INTRODUCTION

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    ROADMAP

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    ROAD CONGESTION & PARKINGLOT

    The Traffic Congestion on the way toBig bazaar of Indrapuram is veryhigh. The road towards Indrapuramis very much busy too.

    It has a nice and huge Parking Lot.So that the entrance is alwaysclear. 300 car can be parked overthere.

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    MISSION

    One stop shopping at discounted prices.

    Provides Best Products at the Best Prices.

    Targets price conscious majority segment of customers.

    Attracts a few thousand customers per day

    Is se sasta aur accha kahin nahin

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    S

    ALES

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    Customer Segmentation

    Big Bazaar targets higher and upper middle class

    customers.

    The large and growing young working population is a

    preferred customer segment.

    Big Bazaar specifically targets working women and

    home makers who are the primary decision makers.

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    PRODUCT MIX

    &

    PRODUCT ANALYSIS

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    IN HOUSE BRANDS @ BIG BAZAAR

    LG STREET MATE SENSEI

    KORYO STAR SITARA MOTOROLA

    HP NOKIA SARAPOLO

    and 40 more brands

    FEW BRANDS @ BIG BAZAAR

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    PRICING

    VALUE PRICING (EDLP)

    PROMOTIONAL PRICING

    - LOW INTEREST FINANCING

    - PSYCHOLOGICAL DISCOUNTING

    - SPECIAL EVENT PRICING

    DIFFERENTIATED PRICING- TIME PRICING

    BUNDLING

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    TIME PRICING

    1. Price is fixed according the

    day of any week.

    2. Price can vary even in the

    same week

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    LOW-INTERESTFINANCING

    Big Bazaar gives offers

    related to low interest

    financing for the

    customer to attract

    more customer havingproblems with the

    payment at a time.

    This plan also helps to

    increase customerswhich is beneficial for

    itself.

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    PSYCHOLOGICALPRICING

    It helps to play with

    human psychology.

    As cost cutting playsan important role in

    recent days so this

    pricing helps to gather

    more number of

    customers.

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    BUNDLING

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    PLACE Store Locations

    Number of out let- 104;

    Located at main city-tier I & tier city-II;

    Area-10,000sq ft-120000 sqft;

    High street area of city;&

    Approachabledestination.

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    PROMOTION Saal ke sabse saste 3 dinFuture Card (3% Discount)Shakti CardAdvertising (Print Ads, TV Ads, Radio)Brand Endorsement by M.S.DhoniExchange OfferJunk Swap OfferPoint-of-Purchase Promotions

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    Some of the Key offers

    - A Dish TV Set Top Box at Rs 999/- (original costRs 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 Rs2999/-.- 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

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    BILLBOARDS

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    Billboards are one of the marketing

    strategy followed by BIG BAZAAR . It

    selects important places

    which have a

    rush of people alltime to

    put its banner.

    It helps in marketing

    and attract people tovisit the store.

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    PUBLIC RELATION

    SERVI

    CES

    24

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    BIG BAZAAR cares about

    its customers and their

    satisfaction.

    It gives a priority to its

    customers.

    The services are also very

    good and satisfactory in any

    store of Big Bazaar.

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    Organization value and customer value

    *Highorganization

    value

    *Low customer

    value

    Big Bazaar

    *Highorganization

    value

    *High customervalue

    *Loworganization

    value*High customer

    value

    *Loworganization

    value*Low customer

    value

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    PEOPLE

    Well Trained Staff

    Appearance

    Empowered Individual

    Encouraged To Think Out Of The Box

    Employ close to 10,000 people and recruit nearly 500additional people every month

    Use Scenario Planning as a tool for Quick DecisionMaking

    Security Guards At All Gates

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    PROCESS

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    The total process carried out

    from entering to the cash

    counter is very strategic and

    well defined.

    You can find baskets and

    trolleys at the gate to shop .

    The products are arranged

    properly by its category so thatone can find his or her need

    easily

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    PROCESS Contd..

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    To reduce rush in cash

    counter there are number of

    counters.

    It has the facility to pay in

    cards.

    Decorations are also very

    good, and aroma of the shop

    is nice too, so that customerscan feel comfort while

    shopping.

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    PHYSICAL EVIDENCE

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    This is a very important partfor any retail shop.

    All the products are displayed

    in very decorative manner.

    Customers can choose their

    products and can buy their

    products easily.

    As we all know JO

    DIKHTA HAIN , WHO BIKTAHAIN. Displaying plays an

    important role in currenttrade.

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    CUSTOMER VIEW & FEEDBACKS

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    Consumer feedback according to the Brand Product

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    Porters five force model

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    Analysis5 Forces Analysis

    Rivalry among thecompetitor

    Reliance Retail, Aditya Birla Group , Vishal Retails,Bharti and Walmart, etc

    Threat of entrants Domestic Business monsters are looking to start retailchains.International players looking to foray India.

    Bargaining power ofsupplier

    The bargaining power of suppliers varies dependingupon the target segment.The unorganized sector has a dominant position.

    Bargaining power of

    buyers

    Consumers are price sensitive..Availability of more choice.

    Threat of substitutes Unorganized retail

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    SWOT ANALYSIS

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    Strength

    - High Brand Equity

    - EDLP

    - PoP promotions

    - Variety of stuff undersingle roof

    Weakness

    - Unable to meet storeopening targets

    - Falling revenue.

    Opportunity- Organized retail

    - Evolving consumerpreferences

    Threat- Competitors

    - Government policies

    - Unorganized retail

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    RECOMMENDATION

    The entrances of big bazaar in Indrapuram are

    very small ..so they have to increase the width

    of the entrance, so that customers feel

    comfortable while entering the retail.

    Many items are there which are not having a

    high demand in market, like kids toys, CD and

    DVDs. It should focus on those products which

    have a high demand.

    There should be more variety in brands.

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