Marketing Mix Rlm Presentation New 2

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    MARKETING MIXDoing business in india ,is not that easy,but its easy if

    you have the right business-was once said by MR

    KISHORE BIYANI

    The company has a turnover of 360 crore in the fiscal

    year of 2008(ending inn june2008)-its not any other than

    BIG BAZAR

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    MARKETING MIX IN BIG BAZAR

    Hoes does MR BIYANI achieve such a hugeturnover---lets have a view in the marketing mix of

    BIG BAZAR.

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    PRODUCTS

    Big Bazaar offers a wide range of productS viz:

    Food grocery apparels, food, farm products, furniture,child care, toys, etc. Products of all the major brands areavailable at Big Bazaar.

    Also, there are many in house brands promoted by BigBazaar. Big Bazaar sold over 300,000 pairs of jeans,50,000 DVD-players and 25,000 microwave-ovens. In all,the fashion, electronics and travel segments made upabout 70% of sales. Last year, these categories made up

    only about 60%.

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    BRANDS AVAILABLEAPPARELS LEVIS, ALLENSOLLY,COCA-COLA,PEPSI, HUL, ITC,LG , SAMSUNG, NOKIA, SHATRANJ, KNIGHTHOOD, BUFFALO,ETERNITY, AFL, HP, MANZ, SHRISHTI etc.

    (FOOTWEARS) - PUMA, CONVERSE, LOTTO, NIKE, REDTAPE,TANNYSHOES,SLOTZ,BOOTS.

    KIDSWEAR- DISNEY,HAUTE N SPICE,DJ &C.

    WOMENS APPARELS- - SHYLA,LEE COOPER,SHRISHTIFAMSBASIC.

    KIDSTOYS- - PINK BLUE,JUNO,PALMTREE, GINI N JONNY,SACH.

    Big Bazaar also promotes a number of in house brands like:DJ & C

    Tasty Treat

    Clean Mate

    Sensei

    Care Mate

    KORYO.

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    PRODUCTS

    BIGBAZAR ALSO PRACTICES ONLINE SHOPPING

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    PRICEThe tag-line is Is se sasta aur accha kahin nahi.

    Value Pricing (EDLP Every Day Low pricing):

    STRATEGY

    Promotional Pricing: Pricing (Close to Diwali, GudiPadva, and Durga Pooja).

    Differentiated Pricing : e.g. Wednesday Bazaar

    Bundling:

    e.g. .3 Good Day family packs at Rs 60(Price of 1 pack = Rs 22)

    .5kg oil + 5kg rice + 5kg sugar for Rs 599

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    PRICE TAG

    FEMALEWEARS:SHRISHTI- RS499-899.

    LEE COOPER-RS799

    FAMSBASIC-RS 250 ONWARDS.

    SHYLA-RS 349

    HAUTE & SPICE-RS199-RS549

    DJ&C (GEANS)-RS599-RS 799

    DJ&C-RS 349-RS 599

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    PRICE TAGKIDSTOYS: RS 349-549 WHILE 799 IS MRPPINK BLUE-129

    KIDSWEARS:GINI N JONNY- Rs 200.

    PINK N BLUE- RS250.

    JUNO- RS 150-300.

    SACH- Rs199.

    PALM TREE- RS250.

    DISNEY- RS 99

    HOUSEHOLDSTUFFS:

    RECRON PILLOWS- RS499.

    COZY DREAMS- RS249.

    JEWELLERY:

    NAVRAZ RS 180-RS 230

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    PRICE TAG

    FOOT WEARS:

    NIKY- RS1975.

    BOOTS- RS749

    ID- RS2000SLOTZ- RS1099

    STEPWELL- RS250 ONWARDS

    PLORE- RS500 ONWARDS

    REDTAPE- RS1000ONWARDS

    SAFARI- RS249-499.

    PUMA- RS2599-RS3999.TAMMYSHOES- RS1950

    CONVERSE- RS300ONWARDS.

    LOTTO- RS249-RS299

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    PRICE TAG

    MENSWEARS:

    MENZ- SHIRTS- RS 199. PANTS-RS 99-RS195.DJ N C-CARGO-RS RS 699.

    SHRISHTI {ETHNIC WEARS}-RS 499.

    CUT PIECE AVAILABLE OF MILLER N SCHWEIZER-RS 249.

    SHATRANJ - RS250 ONWARDS.

    KNIGHT HOOD PANTS RS799. SHIRTS-RS 599-RS799.BUY 2 GET 1 FREE

    GOING 3- RS190.

    STUDIO YX-RS599.

    AFL RS200 onwards

    BUFFALO RS 250 on wards.PRV CLUB-RS 699.

    ETERNITY- RS 399.

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    CRITICAL STRATEGY

    BIG BAZAR Aims at providing quality products at

    cheaper price

    Mouthwatering Discount offers are there to allure

    customers.

    Weekly offers are also available here to accentuate footfalls n hence responsible for conversion.

    Free gifts again that adds another dimension to the

    store

    Buy 2 get 1 free-the stereotype but a very profitable

    practiceLucky draw, while that being the other reason behind

    the stores huge profit margin.

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    CRITICAL STRATEGY.

    Lucky draw- Shop for Rs 999 and win PC,CAM,MIXER,DVD

    PLAYER,CELL

    BUY 2 GET 1 FREE- RS 399 & ABOVE.

    CUT PIECE BUY 2 GET 1 FREE.

    On shopping of Rs 2999 watch of Rs 599 comes free.

    On Rs 399 , 2 tops are available.

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    Place of the big Bazaar

    The location which is permanent

    Central location in the market

    Worked on low cost location

    Target the semi urban populations

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    Proximity of location

    Nearest to the customers

    Transport facility

    Coverage

    Enough Walking space in the store

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    PROMOTION

    promotional is carried out through mass media like television,

    radio, newspaper etc

    Promotion can be loosely classified as "above the line" and "below

    the line" promotion

    BIG BAZAAR deals with BTL (below the line) promotions

    Gives discounts to dealers and customers, reduced price on

    products, giving coupons which can be redeemed later etc.

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    BELOWTHE LINE SALES

    PROMOTION

    'An immediate or delayed incentive to purchase, expressed

    in cash or in kind, and having only a short term or temporary

    duration'.

    Below the line sales promotions are short-term incentives,largely aimed at consumers.

    the increasing pressure on the marketing team to achieve

    communication objectives more efficiently in a limited

    budget.

    Big bazaar uses effective and cost efficient ways to

    communicate with the target markets.

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    Methods of below the line sales

    promotion1. Price promotions

    Price promotions are also commonly known as" price

    discounting". These can be done in two ways:

    (1) Discount to the normal selling price of a product

    (2) More of the product at the normal price

    Price promotions however can also have a negative effect by spoiling

    the brand reputation or just a temporary sales boost (during the

    discounts) .

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    Some coupons

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    3. Gift with purchase

    The "gift with purchase" is a very common promotionaltechnique.

    4. Point-of-sale displays.

    Shopping habits are changing for the people living in

    metropolitan cities. People prefer big retail outlets likeBig Bazaar to local kirana stores. Most of the decisionsof buying are taken by the virtue of point-of-sale displaysin these retail outlets

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    PEOPLE

    Refer to the customers, employees, management

    and everybody involved in it.

    It is essential for everyone to realize that thereputation of the brand that you are involved with is in

    the people's hands.

    Its the people responsible for growth & decline of the

    company.

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    People can be categorized into two division:

    1.Employee = working in the organization.

    2.Customer = for whom employee in employe

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    Customer are biggest asset of company.

    Well trained staff.

    Proper appearance.

    10000 working.

    500 recruited every month.

    Good security system.

    company approach towards

    people

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    Distribution of people (customer)

    Gender

    AgeUnder 5

    5192044

    4564

    65 and over

    Demography

    Occupation & financial status.

    Religion

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    P

    ROCESS

    Refers to the methods and process of providing

    a service.

    Refers to the systems used to assist the

    organisation in delivering the service.

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    What was the process that allowed you to

    obtain an efficient service delivery?Eg:

    Banks that send out Credit Cardsautomatically when their customers old

    one has expired again require an efficient

    process to identify expiry dates andrenewal.

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    The goods dispatch and purchasing

    area has certain salient features which

    include: - Multiple counters with trolleys to

    carry the items purchased.

    Proper display / posters of the place

    like (DAL, SOAP, etc.).

    Home delivery counters also started

    at many places.

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    Physical Evidence

    Where is the service being delivered?

    Physical Evidence is the element of the

    service mix which allows the consumer againto make judgments on the organisation.

    Eg: If you walk into a restaurant your

    expectations are of a clean, friendly

    environment.

    Eg: On an aircraft if you travel first class you

    expect enough room to be able to lay down!

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    THANK YOU

    PRESENTED BY:-

    1) Dipanjan Roy choudhury (09RM007)

    2) Pankaj kumar (09RM008)

    3) Maninder Singh (09RM009)4) Nandini Roy (09RM010)

    5) Ritupon Deori (09RM011)

    6) Amit Singh (09RM012)