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Big
                                                    Team




Mr. Siddhartha lal, Mr. Sikander Khuswah, Mr. Sitakanta Behera
                       Mr. Sudhir Kumar

  03/05/12             Big Bazaar                            1
                             XIDAS, Jabalpur
What is Retailing
   The term “Retailing”
   refers to any activity
   that involves a sale
   to    an    individual
   customer.

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

03/05/12              Big Bazaar              2
                            XIDAS, Jabalpur
Size of Indian Retail
                  Size                           2008          2010    Percentage
                                                                        Change
Estimated size of retail in India (in      353           416           18
$bn)
Share of organized retail (%) in India     7             12            71
Size of organized retail in India (in      78,300 Cr     2,30,000 Cr   194
Rs)


            Source: http://www.indiaretailing.com/india-retail-report.asp




03/05/12                         Big Bazaar                                         3
                                       XIDAS, Jabalpur
Kuber
                                   complex

                                   Varanasi



03/05/12   Big Bazaar                   4
                 XIDAS, Jabalpur
About Big Bazaar                 Hyper mart
                                 Chain of development store in India
Out let                          104 out lets
                                 Located in India
Parent group                     Future group
Owner                            Kishore Biyani (CEO)
Founded                          2001
Head quarter                     Jogeswari , Mumbai
Industry                         Retail
website                          www.bigbazar.com
Tag line                         Is se sasta aur achha kahin nahi.



03/05/12           Big Bazaar                                          5
                         XIDAS, Jabalpur
Porter’s five force model




03/05/12   Big Bazaar              6
                 XIDAS, Jabalpur
Analysis
5 Forces                                      Analysis
Rivalry among the competitor                  •Reliance Retail, Aditya Birla Group , Vishal Retail’s,
                                              Bharti and Walmart, etc

Threat of entrants
                                              • FDI policy not favorable for international players.
                                              • Domestic conglomerates looking to start retail chains.
                                              •International players looking to foray India.

Bargaining power of supplier                  •The bargaining power of suppliers varies depending
                                              upon the target segment.
                                              •The unorganised sector has a dominant position.
                                              • There are few players who have a slight edge over
                                              others on account of being established players and
                                              enjoying brand distinction.
Bargaining power of buyers                    • Consumers are price sensitive..
                                              •Availability of more choice.

                                              •Unorganized retail
Threat of substitutes


  03/05/12                     Big Bazaar                                                          7
                                     XIDAS, Jabalpur
Customer Segmentation
 Big Bazaar targets higher 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.


03/05/12       Big Bazaar                  8
                     XIDAS, Jabalpur
Life cycle of Big Bazaar


  S
  A
  L
  E
  S




 03/05/12    Big Bazaar              9
                   XIDAS, Jabalpur
Big Bazaar At BCG Matrix
   M
   A       H
   R       I
   K       G
   E       H
   T

   G
   R L
   O O
   W W
   T
   H


               High                           Low
                               Market Share
03/05/12              Big Bazaar                    10
                            XIDAS, Jabalpur
Marketing Mix

                               Process

             Physical
                                                Product
             Evidence


                                 7 ‘P’
           People                                    Price



                    Place                Promotion




03/05/12                Big Bazaar                           11
                              XIDAS, Jabalpur
1.Product Mix




03/05/12   Big Bazaar              12
                 XIDAS, Jabalpur
Product Mix Cont..
  ELECTRONICS              FASHION &             FURNITURE          CHILD CARE &
                                                                                   OTHER SERVICES
    BAZAAR                JEWELLERY               BAZAAR                TOYS

• Television sets      •Footwear Bazaar      •Living Room         •Kids Wear       •Mr. right
• Washing Machines     •Beauty Care          •Bed Room            •Toy Bazaar      •Bakery
• Refrigerator         •Navara               •Kitchen             •Stationary      •Loot Mart
• Personal Care        •Star Parivar         •Dinning Rooms       •Child Care      •Tulsi
• mBazaar              •Meena Bindre         •Kids Room                            •Future Money
• Microwaves                                 •Been Bags                            •Future Generally
                                             •Paintings
• Small Appliances
                                             •Decorative Items
• Laptops
• Computer
  Accessories
• Kitchen Appliances




  03/05/12                                Big Bazaar                                                   13
                                                XIDAS, Jabalpur
2.Pricing
• Value pricing
• Promotional pricing
            Low interest financing
            Psychological discounting
            Special event pricing
• Differentiated Pricing
            Time pricing
• Bundling


03/05/12                    Big Bazaar              14
                                  XIDAS, Jabalpur
Psychological pricing




03/05/12   Big Bazaar              15
                 XIDAS, Jabalpur
Time pricing                       Value Pricing




03/05/12       Big Bazaar                          16
                     XIDAS, Jabalpur
Bundling




03/05/12   Big Bazaar              17
                 XIDAS, Jabalpur
3.Place
                           INDIA


                                    Number of out let-
                                   104;

                                    Located at main
                                   city-tier I & tier city-II;

                                    Area-10,000sq ft-
                                   120000 sqft;

                                    High street area of
                                   city; &

                                    Approachable
                BIG BAZAR
                                   destination.

03/05/12   Big Bazaar                                            18
                 XIDAS, Jabalpur
4.Promotion




03/05/12   Big Bazaar              19
                 XIDAS, Jabalpur
PROMOTION




03/05/12   Big Bazaar                     20
                 XIDAS, Jabalpur
5.People



                               •   Well trained staff;
                               •   Appearance;
                               •   Empowered individual;
                               •   Encouraged to think out of box; &
                               •   Example- Ved Prakash Araya
                                   (Chief Operating) officer, Sanjib
                                   Agrawal(Head Marketing)




03/05/12   Big Bazaar                                           21
                 XIDAS, Jabalpur
6.Physical Evidence




03/05/12        Big Bazaar              22
                      XIDAS, Jabalpur
7.Process




03/05/12   Big Bazaar              23
                 XIDAS, Jabalpur
Positioning
                                  High
                                 service




           Low price                           High
                                               price




03/05/12               Big Bazaar low                  24
                               service
                             XIDAS, Jabalpur
Organization value and customer
                value




03/05/12     Big Bazaar              25
                   XIDAS, Jabalpur
Guerrilla marketing strategy


03/05/12   Big Bazaar                                   26
                 XIDAS, Jabalpur
Future strategy of Big Bazaar

                    Front end             Big Bazaar
                    operation              Express
                                        (<40000 sq.ft)
                                             Standard
                                            Big Bazaar
                                        (40000 to 80000sq.
                                                Ft)
   Big Bazaar
                                            Big Bazaar
                                          Supercentres
                                          (<75000 sq ft)


                    Back-end
                    Operation             In JV with
                                        Foreign Partner


03/05/12        Big Bazaar                                   27
                      XIDAS, Jabalpur
Marketing strategy
Activities                               Target                                    Marketing Mix
Big wish                                 All the population                        Process
Baby registry and marriage registry      Married couple, waiting for marriage      Promotion


Women forum                              Women                                     Public relation

Interior decorator and dress designer    Those customer who are very specific      People
will be appoint in all the store         about their decision.

Networking through internet              All loyal customer, other net user .      E-marketing

Religion Corner                          All the aesthetic people                  Product Mix

Adhar – Rural Centric Market             720 million consumer across 627000        Place
                                         villages.
Tie up with IPL                          Sports lover                              Promotion
Improving Quality of product             Prevailing as well as Prospect customer   Product



 03/05/12                                                                                            28
                                        Big Bazaar
                                              XIDAS, Jabalpur
Thank You




03/05/12   Big Bazaar              29
                 XIDAS, Jabalpur

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Big Team Retail Strategy

  • 1. Big Team Mr. Siddhartha lal, Mr. Sikander Khuswah, Mr. Sitakanta Behera Mr. Sudhir Kumar 03/05/12 Big Bazaar 1 XIDAS, Jabalpur
  • 2. What is Retailing The term “Retailing” refers to any activity that involves a sale to an individual customer. Retailing is the interface between the producer and the individual consumer buying for personal consumption. 03/05/12 Big Bazaar 2 XIDAS, Jabalpur
  • 3. Size of Indian Retail Size 2008 2010 Percentage Change Estimated size of retail in India (in 353 416 18 $bn) Share of organized retail (%) in India 7 12 71 Size of organized retail in India (in 78,300 Cr 2,30,000 Cr 194 Rs) Source: http://www.indiaretailing.com/india-retail-report.asp 03/05/12 Big Bazaar 3 XIDAS, Jabalpur
  • 4. Kuber complex Varanasi 03/05/12 Big Bazaar 4 XIDAS, Jabalpur
  • 5. About Big Bazaar Hyper mart Chain of development store in India Out let 104 out lets Located in India Parent group Future group Owner Kishore Biyani (CEO) Founded 2001 Head quarter Jogeswari , Mumbai Industry Retail website www.bigbazar.com Tag line Is se sasta aur achha kahin nahi. 03/05/12 Big Bazaar 5 XIDAS, Jabalpur
  • 6. Porter’s five force model 03/05/12 Big Bazaar 6 XIDAS, Jabalpur
  • 7. Analysis 5 Forces Analysis Rivalry among the competitor •Reliance Retail, Aditya Birla Group , Vishal Retail’s, Bharti and Walmart, etc Threat of entrants • FDI policy not favorable for international players. • Domestic conglomerates looking to start retail chains. •International players looking to foray India. Bargaining power of supplier •The bargaining power of suppliers varies depending upon the target segment. •The unorganised sector has a dominant position. • There are few players who have a slight edge over others on account of being established players and enjoying brand distinction. Bargaining power of buyers • Consumers are price sensitive.. •Availability of more choice. •Unorganized retail Threat of substitutes 03/05/12 Big Bazaar 7 XIDAS, Jabalpur
  • 8. Customer Segmentation  Big Bazaar targets higher 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. 03/05/12 Big Bazaar 8 XIDAS, Jabalpur
  • 9. Life cycle of Big Bazaar S A L E S 03/05/12 Big Bazaar 9 XIDAS, Jabalpur
  • 10. Big Bazaar At BCG Matrix M A H R I K G E H T G R L O O W W T H High Low Market Share 03/05/12 Big Bazaar 10 XIDAS, Jabalpur
  • 11. Marketing Mix Process Physical Product Evidence 7 ‘P’ People Price Place Promotion 03/05/12 Big Bazaar 11 XIDAS, Jabalpur
  • 12. 1.Product Mix 03/05/12 Big Bazaar 12 XIDAS, Jabalpur
  • 13. Product Mix Cont.. ELECTRONICS FASHION & FURNITURE CHILD CARE & OTHER SERVICES BAZAAR JEWELLERY BAZAAR TOYS • Television sets •Footwear Bazaar •Living Room •Kids Wear •Mr. right • Washing Machines •Beauty Care •Bed Room •Toy Bazaar •Bakery • Refrigerator •Navara •Kitchen •Stationary •Loot Mart • Personal Care •Star Parivar •Dinning Rooms •Child Care •Tulsi • mBazaar •Meena Bindre •Kids Room •Future Money • Microwaves •Been Bags •Future Generally •Paintings • Small Appliances •Decorative Items • Laptops • Computer Accessories • Kitchen Appliances 03/05/12 Big Bazaar 13 XIDAS, Jabalpur
  • 14. 2.Pricing • Value pricing • Promotional pricing  Low interest financing  Psychological discounting  Special event pricing • Differentiated Pricing  Time pricing • Bundling 03/05/12 Big Bazaar 14 XIDAS, Jabalpur
  • 15. Psychological pricing 03/05/12 Big Bazaar 15 XIDAS, Jabalpur
  • 16. Time pricing Value Pricing 03/05/12 Big Bazaar 16 XIDAS, Jabalpur
  • 17. Bundling 03/05/12 Big Bazaar 17 XIDAS, Jabalpur
  • 18. 3.Place INDIA  Number of out let- 104;  Located at main city-tier I & tier city-II;  Area-10,000sq ft- 120000 sqft;  High street area of city; &  Approachable BIG BAZAR destination. 03/05/12 Big Bazaar 18 XIDAS, Jabalpur
  • 19. 4.Promotion 03/05/12 Big Bazaar 19 XIDAS, Jabalpur
  • 20. PROMOTION 03/05/12 Big Bazaar 20 XIDAS, Jabalpur
  • 21. 5.People • Well trained staff; • Appearance; • Empowered individual; • Encouraged to think out of box; & • Example- Ved Prakash Araya (Chief Operating) officer, Sanjib Agrawal(Head Marketing) 03/05/12 Big Bazaar 21 XIDAS, Jabalpur
  • 22. 6.Physical Evidence 03/05/12 Big Bazaar 22 XIDAS, Jabalpur
  • 23. 7.Process 03/05/12 Big Bazaar 23 XIDAS, Jabalpur
  • 24. Positioning High service Low price High price 03/05/12 Big Bazaar low 24 service XIDAS, Jabalpur
  • 25. Organization value and customer value 03/05/12 Big Bazaar 25 XIDAS, Jabalpur
  • 26. Guerrilla marketing strategy 03/05/12 Big Bazaar 26 XIDAS, Jabalpur
  • 27. Future strategy of Big Bazaar Front end Big Bazaar operation Express (<40000 sq.ft) Standard Big Bazaar (40000 to 80000sq. Ft) Big Bazaar Big Bazaar Supercentres (<75000 sq ft) Back-end Operation In JV with Foreign Partner 03/05/12 Big Bazaar 27 XIDAS, Jabalpur
  • 28. Marketing strategy Activities Target Marketing Mix Big wish All the population Process Baby registry and marriage registry Married couple, waiting for marriage Promotion Women forum Women Public relation Interior decorator and dress designer Those customer who are very specific People will be appoint in all the store about their decision. Networking through internet All loyal customer, other net user . E-marketing Religion Corner All the aesthetic people Product Mix Adhar – Rural Centric Market 720 million consumer across 627000 Place villages. Tie up with IPL Sports lover Promotion Improving Quality of product Prevailing as well as Prospect customer Product 03/05/12 28 Big Bazaar XIDAS, Jabalpur
  • 29. Thank You 03/05/12 Big Bazaar 29 XIDAS, Jabalpur