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A Retailing and Franchising Presentation by Group 5
Mission
• To become the preferred speciality contractor in
each of our market areas while enhancing our
employees’ quality of life and achieving consistent
operating Profits
Vision
• Building Relationships with customers by providing
solutions to their challenges and working proactively
to accomplish this through dedication, capability,
integrity and team building.
Over The Years
1925 1950 1958 1968 1986 1991 1996
First
Raymond
Mill
Manufacturing
Unit JK Files
Retail
Sector
Garments Launches
Park Avenue
Air Charter
Services and
Denim
Supplier
Health &
Wellness
• Always Strives to become the “Complete “ Employer with attrition rate as low as 4-5%
Micro Environment
Competitors
• Low range players like
Donear, Siyarams and Arvind
are its biggest competitors
Dealers
• Textile industry is a retailers
market and it becomes very
important to build and improve
relationships with its dealer
network.
Consumers
• They prefer Raymond due to
higher brand equity
Macro Environment
Raymond is far ahead of its
competitors in technology with the
launch of Midas App.
100% FDI to boost exports
Continued Growth with
#HarSheharMeinRaymond Motto
Segmentation
Targeting And
Positioning
Tagline/ Slogan-Feels like heaven; Made to
measure; Complete man
USP- High quality and innovation
Positioning- An inspirational brand for achievement
Segment- Premium business and fashion clothing
Target Group- Urban upper-middle and higher
class males
Positioning- Premium Stylish and innovative
Segment- Formal wear for men and women
Target Group- Young urban corporate men and
women
Positioning- Fresh and premium casual wear
Segment- Youngsters looking for casual wear
Target Group- Urban youth from upper middle
class
Branding
• In a store, we identified three possible areas of branding
• In Store
• Point Of Sale
• Glow Sign
• TV Advertisements
• Raymond has the highest presence with 41% of the retailers
selling the brand
• It has major advantage over others as they are having EBO’s to
give user a wholesome experience
• Through its rigorous branding initiatives it has established a
monopoly in the fabric market
Analysis Of Raymond’s
Branding444
126
281
118
14 13 9
61
0
50
100
150
200
250
300
350
400
450
500
Raymond Donear Siyaram Grado Linen
club
Arvind Mafatlal No
branding
In store branding
Number of store
290
67
150
46
5 4 7
0
50
100
150
200
250
300
350
Raymond Donear Siyaram Grado Linen club Arvind Mafatlal
Point Of Sale
Number of store
204
45
72
18
2 7 4
0
50
100
150
200
250
Glow Sign Boards
Number of stores
Pricing Strategy
• Raymond has been chosen as their first choice for selling
by 39% of the retailers
• The most sold fabric for Raymond being Poly Viscose
(PV), Poly Cotton (PC), Poly Wool (PW/TW) and Terry
Rayon (TR).
• Raymond has kept the Pricing of PV as Rs 650 per meter
whereas other brands are selling it at around Rs 350.
• Poly Wool/Terry Wool Fabrics start from Rs 900 per meter,
while competitors start selling at around Rs 650 per meter.
• Raymond has captured 52% market share in the fabric
market
• Other fabrics like TR are also priced high as compared to
its competitors
Raymond
39%
Siyarams
35%
Donear
26%
Most Preferred Brand
Raymond Siyarams Donear
Value Chain
Fibre Fabric Garment Brands Retail
Sales Procedure
• Summer booking – In the month of December
• Winter booking – In the month of July
Revamping Of Supply Chain
 Objective:
• Reduce time lag
• Freeing up of working capital
 By leveraging digital tools
 Improving efficiency with the aid of online applications like Midas
MERCHANDISING
MERCHANDISING:
• Highly dependent on Visual merchandising
• Gives a sense of premiumness
• Organized basing on brand
• Also classified basing on product
• Large investment is being induced in its improvement
Tangibles (TA) - Appearance of physical facilities, equipment, personnel and written materials
Reliability (RL) - Ability to perform the promised service dependably and accurately
Responsiveness (RN) - Willingness to help customers and provide prompt service
Assurance (AS) - Employees’ knowledge and courtesy and their ability to inspire trust and confidence
Empathy (EM) - Caring, easy access, good /communication, customer understanding and individualized
attention given to customers
*PR – Product Range
SERVQUAL ANALYSIS
SERVQUAL MODEL
Gap Score
TA- Average gap score for tangible items = (TA1+TA2+TA3+TA4)/4
RL- Average gap score for reliability items =
(RL1+RL2+RL3+RL4+RL5)/5
RN- Average gap score for responsiveness items =
(RN1+RN2+RN3+RN4)/4
AS- Average gap score for assurance items =
(AS1+AS2+AS3+AS4)/4
EM- Average gap score for empathy items =
(EM1+EM2+EM3+EM4+EM5)/5
PR- Average gap score for product items = (PR1+PR2)/2
OSQ- Overall service quality = (TA+RL+RN+AS+EM+PR)/6
Expected Score Actual Score
TA 4.12 3.21
RL 4.008 3.064
RN 3.97 2.62
AS 3.95 2.84
EM 4.056 2.97
PR 4 2.5
OSQ 4.017333333 2.8673333
GAP SCORE Actual- Expected -1.15
Gap score for all 6 dimensions
Topsis Method
They considered 5 locations before opening of the The Raymond
Store.
These are Jangipur Bus stand, Fultalla, Mckinsey Road, Omarpur,
Fasitalla.
We considered 6 parameters and found out the best place for their
store location.
Our results showed Fultala to be the best store location for the
store, using TOPSIS method, which matched with the real store
location of Raymond.
Place Best Worst Ratio Rank
JangipurBusstand 0.093 0.124 0.75100344 2
Fultalla 0.036 0.166 0.217428932 1
MckinseyRoad 0.132 0.078 1.704462083 3
Omarrpur 0.160 0.042 3.844845408 5
Fasitalla 0.125 0.099 1.257267445 4
THANK YOU!
Srikanth B.V. | Abhijit Sahoo | Abu Taher | Atul Saxena | Sasank Sai B | Shreeya Singh

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Raymond store (retailing & franchising)

  • 1. A Retailing and Franchising Presentation by Group 5
  • 2. Mission • To become the preferred speciality contractor in each of our market areas while enhancing our employees’ quality of life and achieving consistent operating Profits
  • 3. Vision • Building Relationships with customers by providing solutions to their challenges and working proactively to accomplish this through dedication, capability, integrity and team building.
  • 4. Over The Years 1925 1950 1958 1968 1986 1991 1996 First Raymond Mill Manufacturing Unit JK Files Retail Sector Garments Launches Park Avenue Air Charter Services and Denim Supplier Health & Wellness • Always Strives to become the “Complete “ Employer with attrition rate as low as 4-5%
  • 5. Micro Environment Competitors • Low range players like Donear, Siyarams and Arvind are its biggest competitors Dealers • Textile industry is a retailers market and it becomes very important to build and improve relationships with its dealer network. Consumers • They prefer Raymond due to higher brand equity
  • 6. Macro Environment Raymond is far ahead of its competitors in technology with the launch of Midas App. 100% FDI to boost exports Continued Growth with #HarSheharMeinRaymond Motto
  • 7. Segmentation Targeting And Positioning Tagline/ Slogan-Feels like heaven; Made to measure; Complete man USP- High quality and innovation Positioning- An inspirational brand for achievement Segment- Premium business and fashion clothing Target Group- Urban upper-middle and higher class males
  • 8. Positioning- Premium Stylish and innovative Segment- Formal wear for men and women Target Group- Young urban corporate men and women
  • 9. Positioning- Fresh and premium casual wear Segment- Youngsters looking for casual wear Target Group- Urban youth from upper middle class
  • 10. Branding • In a store, we identified three possible areas of branding • In Store • Point Of Sale • Glow Sign • TV Advertisements • Raymond has the highest presence with 41% of the retailers selling the brand • It has major advantage over others as they are having EBO’s to give user a wholesome experience • Through its rigorous branding initiatives it has established a monopoly in the fabric market
  • 11. Analysis Of Raymond’s Branding444 126 281 118 14 13 9 61 0 50 100 150 200 250 300 350 400 450 500 Raymond Donear Siyaram Grado Linen club Arvind Mafatlal No branding In store branding Number of store 290 67 150 46 5 4 7 0 50 100 150 200 250 300 350 Raymond Donear Siyaram Grado Linen club Arvind Mafatlal Point Of Sale Number of store 204 45 72 18 2 7 4 0 50 100 150 200 250 Glow Sign Boards Number of stores
  • 12. Pricing Strategy • Raymond has been chosen as their first choice for selling by 39% of the retailers • The most sold fabric for Raymond being Poly Viscose (PV), Poly Cotton (PC), Poly Wool (PW/TW) and Terry Rayon (TR). • Raymond has kept the Pricing of PV as Rs 650 per meter whereas other brands are selling it at around Rs 350. • Poly Wool/Terry Wool Fabrics start from Rs 900 per meter, while competitors start selling at around Rs 650 per meter. • Raymond has captured 52% market share in the fabric market • Other fabrics like TR are also priced high as compared to its competitors Raymond 39% Siyarams 35% Donear 26% Most Preferred Brand Raymond Siyarams Donear
  • 13. Value Chain Fibre Fabric Garment Brands Retail
  • 14. Sales Procedure • Summer booking – In the month of December • Winter booking – In the month of July
  • 15. Revamping Of Supply Chain  Objective: • Reduce time lag • Freeing up of working capital  By leveraging digital tools  Improving efficiency with the aid of online applications like Midas
  • 16. MERCHANDISING MERCHANDISING: • Highly dependent on Visual merchandising • Gives a sense of premiumness • Organized basing on brand • Also classified basing on product • Large investment is being induced in its improvement
  • 17. Tangibles (TA) - Appearance of physical facilities, equipment, personnel and written materials Reliability (RL) - Ability to perform the promised service dependably and accurately Responsiveness (RN) - Willingness to help customers and provide prompt service Assurance (AS) - Employees’ knowledge and courtesy and their ability to inspire trust and confidence Empathy (EM) - Caring, easy access, good /communication, customer understanding and individualized attention given to customers *PR – Product Range SERVQUAL ANALYSIS
  • 19. Gap Score TA- Average gap score for tangible items = (TA1+TA2+TA3+TA4)/4 RL- Average gap score for reliability items = (RL1+RL2+RL3+RL4+RL5)/5 RN- Average gap score for responsiveness items = (RN1+RN2+RN3+RN4)/4 AS- Average gap score for assurance items = (AS1+AS2+AS3+AS4)/4 EM- Average gap score for empathy items = (EM1+EM2+EM3+EM4+EM5)/5 PR- Average gap score for product items = (PR1+PR2)/2 OSQ- Overall service quality = (TA+RL+RN+AS+EM+PR)/6
  • 20. Expected Score Actual Score TA 4.12 3.21 RL 4.008 3.064 RN 3.97 2.62 AS 3.95 2.84 EM 4.056 2.97 PR 4 2.5 OSQ 4.017333333 2.8673333 GAP SCORE Actual- Expected -1.15 Gap score for all 6 dimensions
  • 21. Topsis Method They considered 5 locations before opening of the The Raymond Store. These are Jangipur Bus stand, Fultalla, Mckinsey Road, Omarpur, Fasitalla. We considered 6 parameters and found out the best place for their store location. Our results showed Fultala to be the best store location for the store, using TOPSIS method, which matched with the real store location of Raymond.
  • 22. Place Best Worst Ratio Rank JangipurBusstand 0.093 0.124 0.75100344 2 Fultalla 0.036 0.166 0.217428932 1 MckinseyRoad 0.132 0.078 1.704462083 3 Omarrpur 0.160 0.042 3.844845408 5 Fasitalla 0.125 0.099 1.257267445 4
  • 23. THANK YOU! Srikanth B.V. | Abhijit Sahoo | Abu Taher | Atul Saxena | Sasank Sai B | Shreeya Singh