Reliance Fresh - Marketing Communication
-
Upload
hussain-ahmed -
Category
Business
-
view
162 -
download
6
description
Transcript of Reliance Fresh - Marketing Communication
Presentation on
Marketing Communication
Submitted toProf . Kamal Gupta
Submitted By-Group 3Hussain Ahmed (47)Pronita Dutta (33)Rashi Kumari (36)Sadhna Devi (37)
Introduction
Industry: Retail Type: SupermarketChairman & Managing Director: Mukesh Ambani
First Outlet: Hyderabad( Banjara Hills)Founded: 30th October 2006 Headquarter: MumbaiArea: 2000-4000 Sq. Ft. Website-www.ril.com
Retail Mix of
Product • 95000 products till date.• Vegetables and fruits.• House hold items.• Food and beverages – All premiere brand +
Private label • Groceries – only private label.• Dairy products.• Non-veg food items.
Retail Mix of
Price• It considers its discounted price as its USP.
• There is an average discount of 7-8% on all items in respect to their MRP.
• Prices of products are low because it is able to secure stock directly from the manufacturer or farmers.
Retail Mix of
Place • Reliance Fresh has 920 stores in 80 Cities of 14
different States.• Reliance fresh has always worked on low-cost
locations. • It locates in areas of high footfalls like movie
theatres, shopping malls, restaurants, etc.• Designed to look crowded.• All the cities across India have at least one
outlet.
Retail Mix of Promotion• They promote their products through Local and
National Newspapers.• They Provides carry bags which contains brand
name and logo.• They distribute catalogues through newspapers
and to the customers inside the store.• Through billboards outside the store. • Other type of promotion is the particular store
oriented promotion which includes speaking on the loudspeaker inside the store.
Retail Mix of Presentation• The pure foods convenience store model of
Reliance Fresh requires far less space than a full fledged supermarket.
• Most of the outlets need around only 2000-5000sq.ft.
• Separate entry and exit point.
• Chocolates and other kids’ items are nearby cash counter.
Retail Mix of Personnel• Well trained Staff at stores to help people with
their purchase.
• Well dressed staff with Red and Green uniform.
• Use scenario planning as a tool for quick decision making multiple counters for payment, staff at store to keep baggage and security guards at every gate makes for a customer-friendly atmosphere.
Problems Facing by Big Controversy• In Ranchi, UP, West bengal, Madhya Pradesh.
Problems Facing by Strong Competition• With Food Bazaar, Vishal Mega Mart, Easy Day.
Other Problems• Poor inventory control.• Staff takes more time in billing.• Fruits and vegetables are not always fresh.• Parking Place Problem.
Political and Legal Factors
• Interfere of Govt. (like WB and Tamil Nadu). • A stable government at the centre will facilitate
speedy economic recovery and create an encouraging investment climate
• Problems of getting subsidy from Octrai and on different taxes like land, water taxes
• Problems of taking over properties and real estate
Role of Environment
Economical
• India, one of the fastest growing economies(6-6.5% GDP growth rate)
• Retail Industry to grow to 300 billion by 2010.• Increase in the percentage contribution of the
service sector to GDP.• Increase in the investment on IT with focus on
cost minimization.
Role of Environment
Socio-Cultural Factors
• Increase in Nuclear families.• People prefer to shop in local stores with the
reasonable prices .• Increase in working women’s proposition.• Life style changes.• Shift in Product and service preferences.• Increase in Young population.
Role of Environment
Technological:
• Technological development for fast billing and the service.
• Better applications of information technology in the modern retail industry, like in supply chain management, store management, point of sale and customer relationship management.
Role of Environment
• Should increase the number of advertisements as compare to Big Bazaar and Easy Day etc.
• Should Increase the number of counters.
• Retailing through Internet & web based technologies like www.futurebazaar.com of big bazaar.
• Stress Buster Exercises must be organized during evenings in sessions as employees have to stand all throughout the day.
Suggestion RegardingChannel Management decisions
• Exchange offers must be made clear as the consumers are often not clear about how to use them.
• Training must be provided to sales personnel.
• Seating arrangements must be made for customers as well as for employees also.
• Added on facilities like Home Delivery and to an extent credit it plays an important role in Customer Acquisition and retention programs.
Suggestion RegardingChannel Management decisions
THANK YOU