Marketing Mall
Transcript of 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