Beruflich Dokumente
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on
Industry
Founded Headquarters Products Promoter Revenue
Retailing (Hypermarket)
2001 Mumbai, Maharashtra, India Department store Mr. Kishore Biyani Rs 6000 crores (in 2011) (Big Bazaar & Food Bazaar combined) 36000 people 214 (+) Stores Across 90 Cities in India.
Employees Stores
Vision
To Deliver Everything, Everywhere, Every time, to Every Indian Customer in the most profitable manner.
FURNITURE BAZAAR
Product
APPARELS
ELECTRONI CS BAZAAR
FOODS
CHILL STATION
FARM PRODUCT
Strengths-:
Big Bazaar is known as the "Indian Wal-Mart".
Everyday low prices, which attract customers. Huge investment capacity. It offers a Family Shopping Experience, Where Entire family can visit together under one Roof. Benefit of Early Entry into Indian Retail. Online booking and delivery of goods.
Weakness-:
General perception: Low price = Low Quality.
Overcrowded during offers. Long lines at billing counters. Limited only to value offering low price products. Branded products are still missing from Big Bazaar.
Opportunities-:
Huge Potential Rural Market or Town to be Tapped.
Threats-:
Competition. Unorganized Retail. Most People still prefers to visit local convenient stores for daily purchases. Changing Government policies. International players looking to for India.
Customer Segmentation-:
It Targets Higher and Upper Middle Class Customers. The large & Growing Young Working Population is a Preferred Customer Segment. Targets Working Women & Home makers who are the primary decision makers.
Strategy-:
They divided Indian customers into 3 categories.. 1) India One. 2) India Two. 3) India Three.
India One-:
Consuming class which includes upper middle and lower middle Class (14% of India's Population).
India Two-:
Serving class which includes people like drivers, house-hold helps , office peons, etc. (55% of India's population).
India Three-:
Struggling class, (remaining 31% of India's population).
Positioning-:
High service
Low price
High price
low service
Wednesday Bazaar
Maha Bachat
!!!!!......
Thanking You!!!!!