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Positioning strategies adopted by the company for its various stores and its imp
act on brand identity.
Contents
COMPANY BACKGROUND 3
SWOT ANALYSIS 4
MARKETING MIX 5
TARGET GROUP 8
POSITIONING OF THE STORES 9
ADVERTISING & PROMOTIONS 13
LOYALTY PROGRAMS 18
IMPACT OF POSITIONING ON BRAND IDENTITY 20
BIBLIOGRAPHY 22
COMPANY BACKGROUND
Shoppers’ Stop is promoted by the K Raheja Corp Group, one of leading players in r
eal estate development and hotels. Shoppers’ Stop has progressed from being a sing
le brand shop to a family orientated fashion and lifestyle store. Shoppers’ Stop o
perates under the
Departmental store format, and was one of the pioneers of the large format store
s in India. Shoppers’ Stop hass created a new business unit to manage its specialt
y businesses like Crossword, Mother care, F&B business and MAC.
They benchmark with global retailers, and strive to enhance their service offeri
ng in line with the emerging global trends. They began by operating a chain of d
epartment stores under the name “Shoppers’ Stop” in India. Currently they have twenty
four (24) such stores across the country and three (3) stores under the name “Home
Stop”. Over the years, they have also begun operating a number of speciality store
s, namely Crossword, Mothercare, Brio, Desi Café, Arcelia, Stop & Go and MAC. They
are also experimenting with other formats of retailing through their various ve
ntures.
SWOT ANALYSIS
MARKETING MIX
PRODUCT
1. General Products : Shopper’s Stop includes domestic as well as internation
retail articles and products
2. Private Label:Shopper Stop has also launched their own private labels su
ch as STOP.
3. Others : In addition to the above,Shopper Stop also does promotional mar
keting.e.g.They launched ZooZoo range and also other similar products have been
launched. These also form the part of the Product as SS.
Private Labels of Shopper Stop
PLACE
1. Shoppers Stop is Indian largest chain of Super Stores and has many store
s in whole of india
2. Shoppers Stop Ltd. Excels in Service quality and the stores of a high cl
ass feel which is different from Big Bazaar or similar stores.
PROMOTION
1. The communication strategy of Shopper’s Stop has been to reach out to the
customers in their own style and language
2. SS uses print as well as OOH media to promote the brand.The brand uses b
rand ambassadors like Kareena Kapoor to endorse the brand.
3. The private label STOP is promoted in store through logo and proper plac
ement in the store adjoing similar national brands
4. Associates itself with Local festivals and events
PRICING
• SS has a proper mix of both premium and affordable priced products.The brands ar
e sold at MRP and lower. The main USP is the choice given to the customer rather
than the Price.
TARGET GROUP
Shopper Stop mainly divides its customers on the basis of 2 main variables
1) Geographic and Demographics : Age,Gender,Income on the basis of geograph
y
2) Psychographics(or behavioral)
Shopper Stop is present in many cities across India so it has to modify itself a
ccording to the geography. Geographical segmentation is very important for SS.
SS mainly targets people with high disposable incomes in Tier 1 Cities like Mumb
ai,Delhi etc.
Within Mumbai also their stores are in areas like Juhu,Nirmal Lifestyle Mulund.T
he malls and places which are considered to be high class,modern and upmarket.
On basis of Psychographics, the SS targets people who want a choice of good clot
hing and products which are branded, high quality and in the upper price range.
HomeStop
HomeStop is a format which retails hard and soft furnishing and home accessories
. Their offerings through HomeStop ranges from hard furnishing such as home furn
iture, modular kitchens, health equipment and recliners, and soft furnishing suc
h as mattresses, draperies, carpets and home accessories such as decorative acce
ssories, kitchen accessories and appliances,. They are currently three (3) HomeS
top, one each in Mumbai, Bangalore and New Delhi.
Brio and Desi Café (F & B)
Their foray into Food and Beverages (“F & B”) began with Brio. Brio has been designe
d with the intention of providing a warm and friendly place to relax, revive and
reflect. It currently operates twenty (20) Brio stores. They have started an In
dian cuisine concept under the name of Desi Café as another concept to add to the
food and beverages offerings. It currently operates three (3) Desi Café stores in
Mumbai, Lucknow and
Rajouri.
Hypercity
They have a 19% stake in Hyper city Retail (India) Limited, which operates the s
tore named “HyperCity”. The store, having an area of approximately 124,500 square fe
et offers food and grocery, general merchandise and apparel. Currently, there is
one HyperCity store in operation.
Hypercity Retail (India) Limited has also opened three (3) stores called ‘ExpressC
ity’ in Jaipur and one (1) store in Thane, to experiment with smaller versions of
the format. ExpressCity is a retail format which is similar to a convenience sto
re format primarily retailing food, grocery and household needs
Their growth strategy is based on increasing the reach and penetration across th
e country by opening new stores and through multiple retailing channels and form
ats, and furthering Shoppers’ Stop as an experiential retail brand through unique
national and international products. They also look at enhancing their merchandi
se width by adding new product categories and services, and strengthen their off
erings by adding new brands and private labels to offer a better depth in each c
ategory.
They also endeavour to enhance their base of loyal customers through the First C
itizen Programme. They believe that as they grow in size and scale and expand th
e reach further, their current economies of scale would be further enhanced. The
y also continue to focus on at enhancing their operational efficiencies and huma
n capital, which is critical in any service driven industry such as retail. They
are also investing in other formats by way of joint ventures, licenses and fran
chisee arrangements. The following are the initiatives under such arrangements:
M.A.C.
They have opened M.A.C. stores under a Supply and License Agreement with the cos
metics major Estee Lauder. Currently it is operating four (4) MAC store in Mumba
i, Bangalore and Delhi.
Arcelia
Arcelia is a new retail concept aiming at the bridge to luxury segment, with a s
trong emphasis on experience and indulgence and is primarily caters to discernin
g women shoppers. It primarily retails cosmetics, fragrances, fine jewellery, fo
otwear, handbags etc. They currently have two (2) stores operational in Delhi an
d Pune.
Mothercare
Under an exclusive franchisee arrangement by virtue of a Development Agreement w
ith Mothercare UK Limited, they have opened Mothercare stores, which market a va
riety of products for expecting mothers, babies, toddlers and children, the focu
s being on style, function and safety. It currently operates eighteen (18) Mothe
rcare stores; out of which ten (10) are shop in shop and eight (8) are standalon
e stores.
Nuance Group
They have forayed into airport retailing through our joint venture with The Nuan
ce Group AG, Switzerland. They will handle the retail operations in the domestic
terminals while the joint venture company will handle the operations at the dut
y free zones in international terminals. The joint venture company, called Nuanc
e Group (India) Private Limited, has already bagged contracts to operate outlets
at the international airports at Bangalore and Hyderabad.
Timezone
Timezone marks their foray into entertainment retail. They have acquired a 45% s
take in Timezone Entertainment Private Limited which is in the business of provi
ding family entertainment centres. It currently operates six (6) outlets in Mumb
ai, Ahmedabad, Kolkata and Hyderabad.
HyperCity-Argos
They have ventured into new formats of retailing, namely catalogue stores, call
and collect stores, internet retail website and telephone orders through their s
ubsidiary, Gateway Multichannel Retail (India) Limited under the name of ‘HyperCit
y-Argos’. Currently operating five (5) stores at Thane.
The Ad Campaign
The current campaign speaks of a logo change and a untenable Start Something Ne
w tagline. Such rebranding campaigns communicate an underlying reason for the c
hange, benefits (if any) to the consumer. This campaign seems to starkly lack th
at.
Here s one of the Print Ads
The management of Shoppers Stop have got strong business acumen. The advertiseme
nt of Shoppers Stop directly relate to their target audience in terms of style,
classy look and wardrobes available. The ad here tries to mix the western influe
nce on the wardrobe collection in terms of style and class, and still tries to c
orrelate with the Indian culture.
Shopper Stop also advertised its product range by being the official wardrobe pa
rtner for various events and parties. Due to uge demand and craze of such fasion
able products, such schemes work out well for Shoppers Stop. For eg people adore
d Deepika Padukone’s style in Love Aaj Kal and they could purchase two of her sign
ature kurta’s from the movie at Shoppers Stop!!!
Promotions
Shoppers’ Stop use promotions as an important part of our marketing tool to reinfo
rce the brand positioning ‘Feel the experience, while you shop’. The promotions are
targeted at enhancing the fun in shopping and providing the customer with a uniq
ue shopping experience and not just on offering discounts and bargains. Their be
lief is to give more for same and not same for less.
The companies plan their annual promotions calendar and carry out these promotio
ns simultaneously across all our stores.
Some of our promotions and events include:
• Parikrama: Festival celebrating Indian tradition and culture, which not only ser
ves to bring the consumers closer to culture, but also provides a platform to pr
omote upcoming artisans from remote and rural areas giving them an opportunity t
o showcase their art and craft at Shoppers’ Stop.
• Fly to Santaland: Customers shopping upto or more than a predetermined value wou
l be eligible to enter a contest and win a holiday to The Santa Village in Finla
nd showcasing apparel and accessories for men with offers ranging from gifts to
trips to international destinations and discounts etc. with every buy that they
make. The event serves to bring men into the stores.
• Wardrobe Exchange: A charity promotion under which customers donate their old ga
rments and accessories and earn discounts on new purchases at Shoppers Stop. Th
e old garments are donated to Concern India Foundation.
• Rims And Dials : A festival which solely focuses on watches and sunglasses
• Do Your Denim : This event is geared towards bringing out the creativity of cust
omers to design their own denim jeans
Besides these, they organized several other festivals such as:
• Disney Carnival, in 1993, with official Disney characters from Disney Inc (Micke
y, Minnie, Donald and Goofy) participating.
• The Tycoon Tie Festival in 1994, in which the largest tie in the world was displ
ayed and featured in the Guinness Book of World Records.
• Festival of Britain, in 1996 in collaboration with the Government of Great Brita
in.
• The Buy and Fly to Seven Wonders of the World, in 2001 which provided customers
an opportunity to win a trip to the Seven Wonders.
They also hold sales at the end of each season (twice a year to mark the end of
each season) wherein they offer a range of discounts on our merchandise. These n
ot only help them clear their inventory, but also bring in larger number of cust
omers into the stores.
First Citizen Programme
Started in April 1994, the First Citizen programme is the center of loyal custom
er management process. We had 971,537 First Citizens as on December 31, 2008. Fi
rst citizens accounted for about 62% of their sales for the year ended March 31,
2008 and 61% of the sales for the nine months ended December 31, 2008. They hav
e three levels in First Citizen membership namely Classic Moments, Silver Edge
and Golden Glow, depending on the spend in our stores:
First Citizens receive:
• Reward points on their spend in our stores, which can be exchanged for merchandi
se
• Special schemes and promotions available only to First Citizens.
• Extended or exclusive shopping hours, especially during festivals
• Invitations to select events and celebrations
• Home delivery of alterations.
• Comfort Lounges at select stores.
It is a tradition to invite First Citizens to inaugurate new stores.
‘First Update’ from Shoppers’ Stop
‘First Update’ is a complimentary bi-monthly magazine sent to Golden Glow First Citi
zens. The articles are written keeping in view the lifestyle preference of the c
ustomer covering various topics such as health, shopping, product specific infor
mation, , fashion trends, new arrivals in store, store updates, contests/offers,
entertainment and travel.
BIBLIOGRAPHY
1. www.shoppersstop.com
2. www.wikipedia.org/wiki/Shoppers _Stop
3. http://www.indiaretailbiz.com
4. http://www.indianrealtynews.com
5. http://www.retailangle.com
Products
Shoppers Stop retails products of domestic and international brands such as Loui
s Philippe, Pepe, Arrow, BIBA, Gini & Jony, Carbon, Corelle, Magppie, Nike, Reeb
ok, LEGO, and Mattel. Shoppers Stop retails merchandise under its own labels, su
ch as STOP, Kashish, LIFE and Vettorio Fratini, Elliza Donatein, Acropolis etc.
The company also licensees for Austin Reed (London), an international brand, who’s
men s and women s outerwear are retailed in India exclusively through the chain
. In October 2009, Shoppers Stop has bought the license for merchandising Zoozoo
the brand mascot for Vodafone India.
Marketing
In April 2008, Shoppers Stop changed its logo and adopted the mantra "Start Some
thing New" repositioned to bridge to luxury segment and introduced international
brands like CK Jeans, Tommy Hilfiger, FCUK, Mustang, Dior across the stores. Th
e focus of the reposition was on the service, ambience upgradation and customer
connect.
• Connect with Youth
Shoppers Stop connects with the youth audience through adopting the communicatio
n routes relevant to youth, up the fashion quotient through merchandising, and c
reate ambience that connects with the mindset. The brand campaign addresses envi
ronment-related issues in a youthful, tongue-in-cheek manner. Shoppers Stop as a
brand active on social media marketing platforms with Facebook and Twitter to c
onnect with this audience.
• Merchandising
Merchandising opportunities like the launched Zoozoo merchandise and film mercha
ndise with om shanti om and Love Aaj Kal.
• Sensorial experience
Creating an environment conducive to relax in-between shopping introduced Shoppe
rs Stop Radio that plays youthful music and Cafe Coffee Day was given the manage
ment of the Desi Cafe and Brio cafes.
Loyalty program
Shoppers Stop’s has a loyalty program called First Citizen. They also offer a co-b
randed credit card with Citibank for their members.
Customer Rewards:
Shoppers Stop‘s customer loyalty program is called The Fir st Citizen. The
program offers its members an opportunity to collect points and avail
of special benefits. Currently, Shoppers‘ Stop has a database of over 2
.5 lakh members who contribute to near ly 65% of the total sales of Shoppe
rs‘ Stop. They also offer a co-branded cr edit card with Citibank for their
members.