Marketing Mall

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    Marketing Strategies for Mall in

    class C town

    Sameer Bidaye (09-707)

    Jagdish Biyani (09-708)

    Aditya Khandale (09-730)Swapneel Khavare(09-732)

    Akash Pal (09-745)

    Abhidnya Salunke (09-751)

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    Retail industry in India

    The Indian retail industry accounts for 10%of GDP and 8% of employment.

    India is being touted as the next big retaildestination with an average three yearcompounded annual growth rate of46.64%.

    The Indian economy is poised to take thethird position in the world in terms ofPurchasing Power Parity by the year 2010.

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    Contd..

    The Indian Retail Market is a Rs.1,200,000 millionmarket as per the Images India Retail Report 2009.

    Organized Retail market is zooming ahead with an

    annual growth rate of 30% The country will have over 300 malls translating to over

    100 million sq.ft. in available mall space by the end of

    2009.

    The emerging Class C towns are lookedas a goldmine by organised retailers

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    Recent trends

    Retailing in India is witnessinga huge revamping exercise ascan be seen in the graph

    India is rated the fifth mostattractive emerging retailmarket: a potential goldmine.

    Estimated to be US$ 200billion, of which organizedretailing (i.e. modern trade)makes up 3 percent or US$ 6.4

    billion As per a report by KPMG theannual growth of departmentstores is estimated at 24%

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    Outline

    City Info:

    Introduction Economic profile Demographics A Perfect market in current economic

    situation Current city retail scenarioSite Info:

    Location Map Catchments & Site Advantage

    JABALPUR (Located in the GeographicHeart of India )

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    Introduction

    Jabalpur is one of the largest cities in Chattisgarh alongwith Indore and Bhopal

    It is the divisional and district head quarters It is the largest city in an about 300 km radius

    surrounded by Bhopal (W), Nagpur (S), Allahabad (NE)and Raipur (SW)

    It is situated on the banks of Narmada river

    The population of Jabalpur district is 2.7 million (27 lacs) Jabalpur city is 1.7 million (17 lacs)

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    Economic profile

    Jabalpur has a mix of government, semi government andprivate employers

    It has a very large central government employee base inorganizations such as: Army and defense Jabalpur is a large cantonment

    Ordnance factories Gun Carriage Factory, Vehicle Factory, etc

    Central Ordinance Depot

    Telecom Training Centre

    It has a significant state government employee base inorganization such as MP Electricity Board Head Quarter

    Forest institute

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    Economic Profile

    Semi Government employers Main bench of High Court

    Two large Universities

    The Indian Insititure of Information Technology and Design and

    Manufacturing (IIITDM, supported by central Govt and Govt ofJapan)

    Private sectior:

    Cement units in Katni, Satna, Maihar, etc

    Coal mines Shahdol, Chhindwara, etc

    Bidi / tobacco manufacturing in rural areas Apparel manufacturing units

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    Economic Profile

    The city has a large well to do professional population:

    Doctors

    Lawyers (high court main bench)

    Professors and teachers (a large number of engineering and

    other professional colleges and coaching institutes with high paydrawing faculty)

    Upcoming IT parks

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    A perfect market to enter in the currentsituation

    With a large government employee base, and with theseemployees getting the new pays as per the recent sixthpay commission Jabalpur is a very attractive market

    6th pay commission It is insulated from the turmoils the global economiccorrections taking place as government employees havepay and job security

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    Current retail scenario of Jabalpur Shopping areas-Sadar, Gorakhpur, Fuhara etc.

    Presently there is no organized retail or Mall typedevelopments

    National & Multinational Brands like Adidas, Archies,Charlie Outlaw, DCot, John Player, Reebok, Levis, CatMoss, Spykar, Khadims, Woodland, Tanishq, Ddamas,Nakshatra, K-lounge, Lee-Cooper, Monte Carlo,Provogue, Priknit, Signature, Park Avenue, VIP,Raymonds, Titan, Killer, Wrangler, Caf Coffee Day,

    Koutons, Lilliput & Cotton County, Cantabil, NokiaPriority, The Mobile Store etc dot the high streets of thecity.

    Most of the private banks, insurance companies, telecom

    companies, etc already have their offices and branchesin the city

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    Location of full.stop

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    Catchments & Site Advantage

    Catchments Zones( North East ) Sadar, Katanga, Cantonment, Pachpedi, Civil Lines;( North West ) Gorakhpur, Wright Town, Napier Town; ( West ) Shaktinagar, MPSEB,Nayagaon, Rampur; ( South ) Polipather & Gwarighat.

    The full.stop Mall project is located in the affluent residential area on the NarmadaRoad on which other major residential & commercial projects are under way.

    The property enjoys unbeatable frontage of 300 sq. ft. on this life line of Jabalpur i.e.Narmada Road, which leads to the holy river Narmada at Gwarighat

    The full.stopis the first Lease Only Mall cum Multiplex of the City which is ready for fitouts will be operational in Mar2009.

    Most of the Forest and Defense Employees are residing in the vicinity of the Mall.The major retails areas Sadar & Gorakhpur are also within five kms from the site.

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    The Mall Perspective300 ft. Frontage on Narmada Road

    .....Mall for all

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    Features & Amenities of Mall

    Good Atrium size ( 5000 sq.ft. ) Shop Height of 12.5 ft. Glass cladding frontag

    300 feet frontage on the mainroad 2 Floors Entertainment Zone Glass capsule lifts Escalators Two separate service lifts

    Landscaping, fountains Power Back up Fully air-conditioned

    Piped music Security with CCTV Mall Management Toilets Basement & open Car Park

    [over 250 cars]

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    Area Statement Land Area 2 Acres Total Construction 1,84,000 sq. ft. Parking Area Over 250 Cars ( Plinth Area & Open Areas ) Available Area Gross Leasable ( sq. ft. )

    Retail 25,000 sq. ftF&B 30,000 sq. ft.

    Floor DescriptionAtrium Level Available for RetailUpper Gnd. Flr. Not Available leased outFirst Flr. Available for Apparel & AccessoriesSecond Floor Available for Food Court, Fine Dinning &

    Entertainment

    ( Three screen Multiplex Cinema Leased Out )

    Signed In Brands Adidas, Adlabs, Archies, Big Bazaar, CafCoffee Day, Cox & Kings, Dominos, Gini & Jony, Levis, Liberty,Lilliput, Madura Garments, Nike, Payless Optics, Provogue,Raymonds, VIP to name a few.

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    IN HOUSE BRANDS @ THE MALL

    DJ & C CLEAN MATE SENSEI

    KORYO STAR SITARA CARE MATE

    FRESH & PURE RENUKA MAJITHIA

    SARAPOLO and 40 more brands

    FEW BRANDS @ THE MALL

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    PRICING OBJECTIVE

    MAXIMUMMARKET

    SHARE

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    PRICING

    VALUE PRICING (EDLP)

    PROMOTIONAL PRICING

    - LOW INTEREST FINANCING- PSYCHOLOGICAL DISCOUNTING

    - SPECIAL EVENT PRICING (GUDI PADVA)

    DIFFERENTIATED PRICING

    - TIME PRICING

    BUNDLING

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    LOW-INTEREST

    FINANCINGPSYCHOLOGICAL

    PRICING

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    BUNDLING

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    SUPPLY CHAIN THE MALL

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    PROMOTIONSaal ke sabse saste 3 din

    Future Card (3% Discount)Shakti Card

    Advertising (Print Ads, TV Ads, Radio)

    Brand Endorsement by M.S.Dhoni

    Exchange Offer Junk Swap Offer

    Point-of-Purchase Promotions

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    PEOPLEWell Trained Staff

    Appearance

    Empowered Individual

    Encouraged To Think Out Of The Box

    Employ close to 10,000 people and recruit nearly500 additional people every month

    Use Scenario Planning as a tool for QuickDecision Making

    Security Gaurds At All Gates

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    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 consumerpreferences

    Threat

    - Competitors

    - Government policies

    - Unorganized retail

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    CONTRIBURTION OF TIER III CITIES IN

    TOTAL RETAIL