36193947-big-bazar
TRANSCRIPT
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WELCOME TO THE DADYRETAIL BRAND.
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Big Bazaars journey began
in October 2001, when theyoung, first generationentrepreneur Kishore Biyaniopened the countrys first
hypermarket retail outlet inKolkatta (then Calcutta). Inthe same month, two morestores were added one each
in Hyderabad and Mumbai,thus starting on a successfulsojourn which began thechapter of organized retailingin India.
KISHORE BIYANI
(MD of Future Group)
OWNERSHIP OF BIG BAZAAR
http://connect.in.com/big-bazaar/profile-538650.htmlhttp://connect.in.com/kishore-biyani/profile-413.htmlhttp://connect.in.com/kishore-biyani/profile-413.htmlhttp://connect.in.com/kishore-biyani/profile-413.htmlhttp://connect.in.com/kishore-biyani/profile-413.htmlhttp://connect.in.com/big-bazaar/profile-538650.htmlhttp://connect.in.com/big-bazaar/profile-538650.htmlhttp://connect.in.com/big-bazaar/profile-538650.html -
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IS SE
SASTA AUR
ACHAKAHINNAHIN
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BRAND AMBASSADOR OF BIG BAZAAR
ASIN MS DHONI
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Big bazaar
The hypermarket chain was introduced in
India in 2001 by Pantaloon Retail (India)
Limited The first store in Kolkata
Pantaloon retail India Ltd was incorporated
as Manz Wear private Ltd in the year 1987. It became a public limited company in 1991
and was renamed Pantaloon Fashion
Limited and then Pantaloon retail Ltd in 1999
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SOME FACTS AND THETARGET CUSTOMERS The management was aware that in retail size
mattered .
The targeted large Indian middle class market
waiting to tapped.
Big Bazaar the discount store was launched
in the year 2001, to meet the aspirations of the
middle class. In the span of two years, it has
added a Food Bazaar and Gold Bazaar to its
range of offering
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THE SISTER BRAND-PANTALOON
The company introduced the concept of
The Pantaloon Shoppe, an exclusive
mens wear retail store which expandedacross India from 1994-1998. In the year
1997, Pantaloon moved a large format
lifestyle retailing with the launch ofPantaloons, Indias family store
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The Strategy
Saving is the key to the Indian middle classconsumer.
The concept of Bazaar, As the store offerslarge mix of products at a discounted price,the name Big Bazaar was finalized
The idea was to recreate a complete bazaar,with a large product offering and offer agood depth and width in terms of range
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CONTD Price was the basic value
proposition at Big Bazaar.
The Big Bazaar outletssold a variety of productsat prices, which were 5 to60% lower than themarket price.
The catch line Isse sastaaur acha kahin nahinem hasized this 11
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Selecting the location
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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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The Merchandise mix
Large product mix offered by Big Bazaar
was the main attraction
Big Bazaar stocked about 1,30,000
items in over 20 product categories.
In the first year apparel accounted for 70
% of the off-take and the price was
largely responsible for the success. The prices ranged from Rs 99 to Rs 799
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CONTD.
Buying process for most of the
categories at Big Bazaar was largely
price driven
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Food bazaar
It stocked on an average, 10000SKUsand occupied 5,00square feet of retailspace. It was modeled on the Indian
mandi system where customer can feel,touch, choose products
The products sold were categorized as
1. Processed food& Non food(hungry kya)
2. Dry staples( golden harvest)
3. Wet staples(chill station)
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CONTD
Hungry Kya contributes 60% of FoodBazaar sales. This category includes a mixof products from a large number of FMCGcompanies and wide range of importedproducts
Golden harvest includes dry groceries likerice, wheat, daal, spices. This contributes30% of their sales
Chill station includes fruits and vegetables
and contributes 10% of the sales
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Why store design?
It tells the customer what the store is all about
It creates an image in the minds of customers
It is the starting point of all marketing effort
For a customer store needs to be easy to
navigate, it must appeal to his sensoryperceptions and must create a sense ofbelonging, sense of relationship .
The environment created in the retail store is acombination of exterior look, store interiors,the atmosphere in the store and the eventspromotions and themes which form a part ofretail store
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Elements of storeenvironment
Store
atmosphere
Storethemes
Store
image
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Exterior design It is a function of location of the
store site and other facilitieslike parking and ease of access
Store front is another important
factor, it should be inviting andit should have good lighting and
other facilities in total it should
entice potential customers into
the store. Big Bazaar Thrissur is ideally
located at the heart of Thrissur
town half a km distant from
Thrissur round 19PIC
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CONTD
It is easily accessible either from
Shornur road or from Vadakkanchery
road
It has got a spacious parking lot also
It has got massive appeal, exterior look
justifies its name THE BIG BAZAAR
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Interior store design
It is a function of aestheticswithin the store, the merchandise
sold within, the space used, and
the overall layout of the store
Space planningthe amount ofspace allocated within the store
1.Location of various
departments 2. Creation of planogram
3. Relationship of space to
profitability
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What are the private brands of BIGBAZAAR ?
TASTY TREAT ( Chips, namkeen, noodles.)
DEGANCY (Denim wear, T-Shirts etc..)
SHRISHTY (Traditional wear)
BUFFLOW (Manz wear)
LEECOPPER (Manz wear)NITE HOOD (Shoes)
SHATARANJ (Manz wear)
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What are the promotional strategies ofBIG BAZAAR?
The main idea behind every effort is to make a
bulk purchase
Saal ke sabse saste 3 din
Hafte ka sabse sasta din Wednesday bazaar
Exchange Offers.
Advertisement (print ad, TV ad, radio)
Brand endorsement by M.S Dhoni and AsinPoint of purchase promotion
Faida zones
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PROMOTION
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How they motivate their employees to do
work more efficiently?
Centralized training programs
(by FLDL Co.)Training need analysis.
Motivational programs.
( in GURUKUL)
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What are the pricing policies of BIGBAZAAR
PRICE COMPARISSION
SWOT ANALYSIS
PROVIDING THE LOWER PRICE
TO THE CUSTOMER
Wh h d h h
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What they do whenever the customer get
angry or they dont satisfied their
services?
They try to satisfy their customers.
They interact with their customers.
They dont argue with their
customers.
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What is the procedure to get
the franchise of BIGBAZAAR?
NO FRANCHISE
OWN COMPANY
BRAND OF FUTUREGROUP
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