Retocen
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Transcript of Retocen
WORK BASED ON
Generating Revenue Of 70K In
BABY CARE BABY TOYS BABY TODDLERS
OBJECTIVES
Competitive & successful
STP for Retocen.com
To know the preference of customers in baby care and
toy products
To promote our products through Junglee.com
INDUSTRY PROFILE
INTRODUCTION Online retailing is a form of e-
commerce where by consumers directly buy goods or services from a seller over the Internet without an intermediary service.
Online retailing is one of the emerging trend in global economy.
Online retailing segment, although smallest segment of retail industry, is growing at exceptionally fast.
Format of easy-to-order, easy-to-deliver is main concept of online retailing.
Virtual store evokes the physical analogy of buying products or services at a shopping centre.
Two process followed in online retailing. - B2B - B2C
WHAT IS E-TAILING? E-tailing, or virtual storefronts on Web sites.
Online business-to-business transactions.
The gathering and use of demographic, product, and other information through Web contacts.
E-mail, instant messaging, and other Web-enabled communication tools and their use as media for reaching prospective and existing customers.
OVERVIEW In 1990 Tim Berners-Lee created the first
World Wide Web server and browser.
In 1994 other advances took place, such as online banking and the opening of an online pizza shop by Pizza Hut.
Same year, Netscape introduced encryption of data transferred online, which has become essential for secure online shopping.
Online Retailing was started in the latter half of 20th century in USA and Europe.
In 1994 the German company Intershop introduced its first online shopping system.
1995 Amazon launched its online shopping site, and in 1996 eBay appeared. (US based).
E-TAILING BUSINESS MODELS
Bricks-and-clicks Companies with physical stores as primary retail
channel, but also online offerings
e.g. Wal-Mart, J.C. Penney.
Manufacturer-directSingle or multi-channel manufacturers
who sell directly online to consumers without intervention of retailers
e.g. Dell.
Catalog merchantEstablished companies that have national
offline catalog operation as largest retail channel, but also have online capabilities
e.g. Lands’ End, Victoria’s Secret.
Virtual merchant Single channel Web firms that generate
almost all revenues from online sales
e.g. Amazon.
COMPANY PROFILE
Founder : Antony Joseph Kitherian Xavier
Started : 2000 (12 year excellence)
Address : # A/4,2nd Floor, Above Nokia Care Center, Koramangala, Bangalore-95.
Website: www.Retocen.com
Email : [email protected]
THREE PILLARS OF RETOCEN.COM
Retocen.com
ONLINE
OFF LINE
PRIVATE LABLE
OVERVIEW Retocen.com is online based retailing
company in Bangalore.
Company specially made for Babies & Mom products.
The main products of Retocen.com is i) Baby Care, ii) Toys, iii) Toddlers.
Presently Retocen is small scale company. And now, planned to step up with Brand & Standard place in online retail market.
VISION & MISSION
To place Retocen.com in Global 20
To provide customer satisfaction by giving the right product, at right place, at right time.
It sustain cutting edge of technology by constant benchmarking against market.
To provide world-class products and services from across the globe to our customers.
To provide world-class services to our highly sophisticated customers.
To Provide world-class shopping experience to our techno-parents at home while they can spend quality-time with their family.
VISION MISSION
PRODUCT CATEGORIES
Baby care
1.Diapers2.Wipes
3.Bath time4.Body & skin
care 5. Bed set
6. Feeding bottles7. Pacifiers
8. Thermometer9. Tooth brush &
paste10. Nursery Bags
etc..,
Baby toys
1. Electronically toys2. Non-electronically toys
3. Bath time toys4. Play gym5. Soft toys
6. Remote control toys
Strollers
1. Strollers & prams
PRODUCT IMAGES
THE BRANDS WE HAVE
Fisher - Price Chicco
Mee-Mee Philips Avent
Pigeon Nuby
Pampers Bella
Maclaren Graco
Crayola Leap frog
Barbie Hot Wheels
Silverlit Newray
WHAT WE DID?
PLAN
Sales promotion through Hospital
Stall Exhibition in
Mall
SALES PROMOTION ( HOSPITAL ) Primary process of plan is our team
concentrate on Baby care product.
Distribution of Hand bills, pamphlets, etc.,
Secondary, To make aware of product and retocen.com company.
Our target is maternity ward patients.
ACHIEVEMENT
We got the 11 hospital approval for distributing our company pamphlets.
We got the 3 franchise for offline.
S no Hospital name Address Phone no1 Chirag Hospital
17th Main Rd, Phase 2, J P NagarBangalore
080 26597027
2 The lady hospitals 46th Cross Rd, J P Nagar, Bangalore
080 4265 9999
3 Dr. Kamini Rao Hospital
909, 47th Cross, Jayanagar 5th Block, Phase II, J P NagarBangalore
080 26534444
4 Alfa Clinic N-18, 24th Main Road, Near-R V Dental College, J P Nagar 2nd PhaseBangalore
080 41214424
5 S M S Nursing Home
Madiwala , hosur main road, Bangalore
080 25534321
6 Devi Nursing Home Madiwala, 100, 4th cross, near canara bank, Bangalore
080 26534444
7 Vijayanagar Hospital
46, 17th Cross, Vijaya Nagar, Vijaya NagarBangalore
080 23142442
8 Acura Speciality Hospital
435, Accura Hospital, 18th Main, Near-Indoor Stadium, Koramangala 6th BlockBangalore
080 25506868
9 Prasath Hospital Bommanahalli, near signal
------
10 S.K.VENKATASWARA HOSPITAL
Madiwala -------
11 The Cradle 1533, 9th Main, 3rd Block, JayanagarBangalore.
080 - 40202222
SURVEY
Questionnaire
Target Customers- Age Wise:-
This Table reveals about age group of customers at Retocen.com, Bangalore
DATA ANALYSIS
Age Group of Respondents
Age Group No. of Respondents % of Respondents
18-25 134 33.5
26-35 152 38
36-45 56 14
46-55 27 6.75
56+ 31 7.75
34%
38%
14%
7%8%
Age Group of Respondents
18-2526-3536-4546-5556+
MONTHLY INCOME OF RESPONDENTS
Monthly Income of Respondents
Monthly Income No. of Respondents % of Respondents
< 5k 68 17%
5k-10k 78 19.5%
10k-20k 149 37.25%
> 20k 105 26.25%
SUPPLIER Relationship managero To search and meet the different suppliers for our brand products
o I have contacted more than 14 suppliers from different cities but some have responded well and some not.
o Three suppliers are ready to supply the products by companies terms and conditions.
. Among the three one supplier is ready to supply all the brand products of retocen.com
I have negotiated for the margins in between 25% to 35% on MRP of the products, it varies according to products.
THESE ARE THE SUPPLIERS WE HAVE CONTACTED TILL NOW
Ravi Lodha Marktech, Bangalore
08065602445
Prasanna kumar Madhu distributer, Bang
9341249331
B.K.Thakur Dastur , delhi 9312435975
Anupkumar Radiohams ltd, Bang
9845205918
Amit kumar Newboys india, mumbai
9886609360
Amit agarwal Wudpla corp hydrabath
9848028577
M. Ramnadh Mamtha baby, Bangalore
9343831923
Anil Baidh Fair deal, Bangalore 080- 32964035
Raheel humza ,,,,,,,, 9820143355
Sheriff Pebbles dove 9342557072
Satinder kaur Delhi 9811180558
Mehul Mumbai 022- 28879235
Sasank gupta Orange, jaipur 08829984007
THESE THREE SUPPLIERS ARE READY TO SUPPLY THE PRODUCTS
Madhu distributor, Bangalore Dastur, Delhi Orange, jaipur
FOR FRANCHISE WE HAVE CONTACTED SOME PEOPLE
Manish Agarwal, Dhanbad Ranjeet singh, Ranchi Dheeraj singh, Bokaro
SUGGESTIONSAs far the research study,
The company should focus and maintain much on “promotion” to make it even more competitive then the today’s status.
In order gain even more good will, the company should take care of reaching the product on time to the customers.
Based on the customers preference the online retail company should make constant effort to keep touch with it’s customers by monitoring their changing needs.
The company should be more focus on discount offers to attract the customers.
CONCLUSIONo Customer preference is the most important aspect in
online retail company. If the customer preference decreases it reflects a great loss to online retail company.
o In order to gain good reputation as well as profit, customer expectations should be studied and their needs may be fulfilled immediately.
o Retocen.com should consider the suggestions make by the researcher and try to implement those suggestions in order to establish its reputation in the online retail industry.
THANK YOU…