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4 P's followed at Big Bazaar

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Page 1: 4 P's followed at Big Bazaar

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What's Retailing?• The term “Retailing” refers to any activity that involves a sale to an

individual customer.

• Retailing is the interface between the producer and individual consumer buying it for personal consumption.

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History – Big Bazaar• Big Bazaar was launched in September, 2001 with the opening of its

first four stores in Calcutta, Indore, Bangalore and Hyderabad.

• Big Bazaar is designed as Indian market with clusters offering a wide range of merchandise including fashion and apparels, food products, general merchandise, furniture, electronics, books, fast food and leisure and entertainment sections.

• Big Bazaar is part of Future Group, which also owns the Central Hypermarket, and is owned through a wholly owned subsidiary of Pantaloons Retail India.

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Existing Retailing format in India

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About Big Bazaar

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Customer Segmentation• Big Bazaar targets middle and upper middle class customers.

• The large and growing young working population is a preferred customer segment.

• Big Bazaar specifically targets working women and home makers who are the primary decision makers.

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Marketing Mix

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1. Product

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Product (Cont.)

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2. Place

Number of outlets – 250

Located mainly at Tier I and Tier II cities

Area – 10,000 Sq. Ft – 12,000 Sq. Ft

High street area of city.

Approachable destination.

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3. Price• Value pricing

• Promotional pricing – Low interest financing– Psychological discounting– Special event pricing

• Differentiated pricing – Time pricing

• Bundling

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Psychological pricing

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Special event pricing Bundling

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4. Promotion

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Positioning

“Is se sasta aur achha kahin nahi”

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Marketing Strategy• Taking on the biggies like Shoppers Stop, Lifestyle and TATA’s Westside.

• “Keep West-aSide. Make a smart choice!”

• “Shoppers! Stop. Make a smart choice!

• “Change your Lifestyle. Make a smart choice!”05/03/23 20

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Snaps @ Big Bazaar

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Snaps @ Big Bazaar

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Special Thanks:

Kartick BR (Big Bazaar, Hebbal)

Prateek Prajosh (for giving us his camera)

Stella Bhanja

Aniket Jha

Rehan Mohd.

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