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I
A
T
E
R
S
S
E
N
I
BUS
PRESENTED BY
1. Naba kishor Mohanty
2. Subhasish Pattnaik
3. Deepraj Rana
4. Ashish ku. Pani
5. Ansuman Pradhan
6. Subodh biswal
7. Tarikh Ansar
8. Binayak Gupta
9. Ajay Kok
Agenda
INTRODUCTION
THE ECONOMIC IMPACT OF MODERN RETAIL
CHALLENGES & OPPORTUNITIES
TRENDS FOR THE YEAR AHEAD
RETAIL PROMOTION
INFRASTRUCTURE CHANGE FOR RETAIL
BUSINESS
EVALUATION & COMPETITION IN RETAIL
LENGTH & BREATH OF CHANGE RETAIL
BUSINESS
CONCLUSION
INTRODUCTION
INTRODUCTION(RETAIL IN INDIA)
ECONOMIC IMPACT OF
MODERN RETAIL
OPPORTUNITIES
WHAT IS IN STORE- Organized retail provides brands much
needed visibility and platform for customer interaction. It also
helps in launching of new product or product variant and in
market penetration. It has wider product range and more
frequent, speedier deliveries.
URBANIZATION- Increased urbanization has shifted
consumers to one place and thus a single retail can catch
more customers.
PLASTIC REVOLUTION- Increased use of credit cards is in
favor of retail marketing. It creates requirement even when it
is not necessary.
OPPORTUNITIES
JO DIKHTA HAI WOH BIKTA HAI- Organized retail stores put
stress on proper infrastructure like well maintained building,
air conditioning, trained employees, electronic machine,
parking facilities and proper display of goods category wise.
EMPLOYMENT - Retail marketing is one of the largest
employments generating industry. It provides employment to
skilled, semi-skilled as well as to unskilled persons. Thus it
helps in the socio- economic development of the society.
PRICE WAR- Increase in the no of retail outlets increases
competition among these retailers. To attract customers they
give various promotional schemes as various discounts, buy
one get one free, another product with any particular
product, festival special, etc.
RETAIL PROMOTION
Any communication by a retailer that informs, persuades,
and/or reminds the target market about any aspect of that
firm.
There are 101 types of promotion in retail business. Some are
as followspromotions
promotions
1. Classified Ads
11. Ad Magazines
2. Direct Mail
12. Catalogues
3. Postcards
4. Yellow Pages
5. Space Ads
6. Radio/TV/Infomercials
7. Networking
8. Telemarketing
Elements of the
Promotional Mix
Unpaid
Paid
Impersonal
Personal
Advertising
Sales promotion
Store atmosphere
Web site
Personal selling
E-mail marketing
Publicity
Word of mouth
Planning a Retail
Promotional Strategy
Promotional Objectives
Increase sales
Stimulate impulse and reminder buying
Get leads for sales personnel
Present and reinforce the retailer image
Inform customers about goods and services
Popularize new stores and Web sites
Enhance customer relations
Maintain customer loyalty
Have consumers pass along positive information
to friends and others
Promotional Objectives
Improve Long-Run
Performance
Improve Short-Run
Performance
Public
Service
Attract New
Customers
From Existing
Trade Area
Increase Existing
Customer Patronage
Expand
Trade Area
Public Relations
Public Relations - Any communication that fosters
a favorable image for the retailer among its publics
Nonpersonal or personal
Paid or nonpaid
Sponsor-controlled or not
Advertising
Paid form
Nonpersonal presentation
Out-of-store mass media
Identified sponsor
Advertising
Advantages
Attracts a large audience
Gains pass along
readership (for print)
Low cost per contact
Many alternatives available
Control over message
content; message can be
standardized
Message study possible
Editorial content
surrounds ad
Self-service operations
possible
Disadvantages
Standardized
messages lack
flexibility
Some media require
large investments
Geographic flexibility
limited
Some media require
long lead time
Some media have
high throwaway rate
Some media limit the
ability to provide
detailed information
Newspaper Advertising
Direct Mail
Billboards/Outdoor Ads
Media Selection
Sales Promotion
Sales Promotions
Advantages
Eye-catching appeal
Distinctive themes
and tools
Additional value for
customer
Maintains customer
loyalty
Increases impulse
purchases
Fun for customers
Disadvantages
Difficult to
terminate
Possible damage
to retailers image
More stress on
frivolous selling
points
Short-term
effects only
Used as a
supplement
INFRASTRUCTURE CHANGE
FOR RETAIL BUSINESS
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