SlideShare a Scribd company logo
1 of 8
Retail Communication
• Communication program (C.P.) needed to build appealing
  brand images, attract customers to stores and internet sites and
  encourage them to buy merchandise
• CP informs customers about the retailer as well as about
  merchandise and services it offers and also plays a role in
  developing repeat visits and customer loyalty.
• CP-1-long term- to create differentiated image, which develops
  1-customer loyalty , provides strategic advantages., 2- short
  term- for increasing sales ,discount coupons for specified
  periods.,3-motivates repeat visits and purchases.
• CP- develop brands and build customer loyalty.-value of brand
   image offered to store –i.e. a brand equity- brand –a
  distinguishing name or a symbol which 1-identifies class of its
  products or services at store , 2-differentiates from competitors.
  3-helps increasing margins,4- leverage to introduce new
  concepts, launches with limited mktg efforts.
• Activities to build brand equity for store and its pvt labels
  merchandise r-1-create high level of brand awareness,2-
  develop favorable associations with the brand name, 3-
  consistently reinforce the image of the brand.
• Creating brand awareness- i.e. the ability of a potential
  customers to recognize or recall that the brand name is a type
  of retailer or product /service.
• Brand awareness is the strength of the link between the brand
  name and type of merchandise or service in the mind of
  customer.
• Range of brand awareness from aided recall – i.e. when
  consumer indicate they know the brand when name is
  presented to them to TOM awareness- highest level of
  awareness, when consumer mentions the brand name first
  when they r asked about type of retailer.
• Retailers build TOM awareness by repeated exposures to C
  thru advt, sponsorships and using memorable symbols.
  Symbols-visual images r more easily recalled than words. e.g.
  MacDonald. Sponsorships of TV programs helps.
• Creating brand associations- linked to consumers memory
  with brand name. Some common associations r like-1-
  merchandise category- fast food-MacDonald, book stores-cross
  word,,2-price/ quality-walmart,3-specific attribute or benefit-
  service of dominos,4-lifestyle or activity-high end stores.
• Creating brand image- It is a set of associations that r usually
  organized around some meaningful themes.
• Consistent reinforcements needed for developing and
  maintaining retailers brand image thru communication
  programs as well as thru elements of communication mix such
  as merchandise assortments, and pricing, the design of its
  store and websites, and the customer service it offers.
• To develop a strong set of associations and a clearly defined
  brand image, retailers need to b consistent in portraying same
  message to customers over time and across all of the elements
  of its retail mix.
• Role of marketing in retail org is 2 fold-1- informing to existing
  consumers,2-for getting closer to the end users.
• Retail marketing mix- 1-product/merchndise-it’s a) line-group
  of products closely related-,e g menswear section at dept store
  -formal +casual +accessories. b) Variety- different merchandise
  lines-men's wear + women's wear c) breadth-assortment –
  number of merchandise brands say of formals .d) depth –
  average number of SKU’s-as it carries individual products
  defined by rand ,size, colors, styles ,price points
• 2-price- policy related to target for its range of products and
  whether unique or substitute products available. e.g. designer
  clothing always expensive.
• 3-Place-Still important although IT and TV shopping
• 4-promotion-advt budgets, s.p. publicity, and p.r. r very imp in a
  competitive world of retailing. All promotion activities to b
  developed in line with target market and products.
• 5-Presentation-store layout, ambience created, visual
  merchandising -orderly display in store.
• 6-customer service- credit policy, product return policy need to
  b clear to sales staff, relationship mktg, CRM enhances
  customer service.
• 7-people- front end people r face of retail org for customers,
  their attitudes product knowledge plays a big role in building
  long term relations with customers.
• STP approach in retail mktg.- geographic, psychographic,
  target mkt, position based on merchandise, trading format,
  customer service
• Retail Image-
• Image of a retail store- affected A) primarily by features of
  merchandise, place/location of store, pricing of products,
  manner of presentation of products, advt and promotion of
  store, B) shopping experience, customer service, sales staff,
  and brand associations also contribute to image of store.
• Retail communication mix-
• Communication an integral part of retail marketing as it informs
  customers about the retail org, products and services. Unlike
  one way from store ,now two way as interactive needs of
  customers to b fulfilled.
• Use of IMC rather than creating unique CP. Without
  coordinated CP thru IMC, some methods ay work at cross
  purposes-e. g.. simultaneous announcement of low price and
  exceptional customer service
• Elements of retail communication mix- 1-advertising,+ 2-
  sales promotion +3- Public relations,+ 4 Personal selling,+,5-
  direct marketing
• 1- Advertising –
• paid form of non-personal presentation and communication thru
  mass media. Aims to selling to a wide mix of consumers and
  also to induce repeat purchases.
• Advertising-functions- 1-Creates awareness,2- informs to
  create image, 3-create desire to want a product,4-informs store
  policy,5-inform abt national brand associations,6- to reposition
  store,7- inform bargain sales, and CP schemes.
• Medias to advertise in retail-press, print-posters, brochures,
  pop displays, outdoor. internet banners.
• Advertising budgets planning- methods-1- % of sales.2-
  competitive parity,3- research or task based,4-incremental , 5-
  affordable.
• Deciding message-communication platform- – base on target
  customers select platform stressing unique features, lifestyle,
  testimonials.
• 2-Sales promotion-
• paid non-personal form of communication, that incetivises
  customers to visit store and purchase merchandise during
  specific period of time.
• S.P. Programs 1- attract traffic and enables quick results.2-Help
  increasing impulse buying,3-generate excitement ,4-motivates
  other channel members.
• S.P. aimed at consumers (C.P.) for various reasons like-1-to
  stimulate trial purchase,2-to encourage repeats and large
  purchases, thru coupons for next buy ,price
  reductions/discounts for large,3-to introduce new brand
  /product,4-to counter competitors strategy. common sales s.p.
  (fig)
• S.P.(T.P.)-participate in trade fairs and exhibitions and
  conferences organized by a sectors like textiles, leather,
  jewelry.
• 3-P.R. and publicity.
• It is a mktg communication function for creating goodwill. Retail
  store creates and sustain favorable image with consumers,
  stake holders and public at large.
• Retail org makes integrated p.r. efforts thru press releases,
  feature stories, and co’s news letters or interviews with pres,
  press meets/conferences
• Publicity is a important component of P.R. It is a non-paid form
  of media coverage. Difficult to get free media coverage these
  days but some events like opening of store, renovation,
  celebrity visit, awards received celebrations, fashion shows etc
  merit publicity.
• 4-Personal selling-
• A paid form of personal advertising where sales people assist
  customers in satisfying needs thru P 2 P exchange of
  information. Aimed at specific individuals. Expensive method.
• POP displays-Help in- store product branding, enhance retail
  sales, provides info to customers. almost 70 % purchase
  decisions r made in-store and so use of pop in styles, fashions,
  quality, price to b emphasized.
• Direct marketing- data base provides buying occasions and
  preferences. Types of communications used in direct mktg r,1-
  direct mail,2-catlogues and mail order,3-telemarketing –few
  retailers use it a combination,4-Electronic retailing-many have
  started combining with store retail.
• Store positioning- it stand test of time
• IMC- to add value strategically stores use as a concept

More Related Content

What's hot

Retail consumer communication
Retail consumer communicationRetail consumer communication
Retail consumer communicationN4MR Media
 
Retail marketing mix 3P's
Retail marketing mix 3P'sRetail marketing mix 3P's
Retail marketing mix 3P'syoga priya
 
Retail Marketing Strategy retail rajnish kumar itc
Retail Marketing Strategy retail  rajnish kumar itcRetail Marketing Strategy retail  rajnish kumar itc
Retail Marketing Strategy retail rajnish kumar itcrajnish kumar
 
Ss marketing mix
Ss marketing mixSs marketing mix
Ss marketing mixCMPCERT
 
Retail Marketing Management - Marketing Mix
Retail Marketing Management - Marketing MixRetail Marketing Management - Marketing Mix
Retail Marketing Management - Marketing MixNavin Raj Saroj
 
Retail communication mix
Retail communication mixRetail communication mix
Retail communication mixSagar Gadekar
 
Merchandise management
Merchandise managementMerchandise management
Merchandise managementTarun Pandey
 
Advertisement & retail
Advertisement & retailAdvertisement & retail
Advertisement & retailChetan Jagtap
 
Ss product life cycle
Ss product life cycleSs product life cycle
Ss product life cycleCMPCERT
 
Increase Retail Store Footfalls
Increase Retail Store FootfallsIncrease Retail Store Footfalls
Increase Retail Store FootfallsNitesh Luthra
 
Ss viral marketing
Ss viral marketingSs viral marketing
Ss viral marketingCMPCERT
 

What's hot (20)

Store positioning
Store positioningStore positioning
Store positioning
 
Retail consumer communication
Retail consumer communicationRetail consumer communication
Retail consumer communication
 
Retail marketing mix 3P's
Retail marketing mix 3P'sRetail marketing mix 3P's
Retail marketing mix 3P's
 
Store Layout Design
Store Layout DesignStore Layout Design
Store Layout Design
 
Retail Marketing Strategy retail rajnish kumar itc
Retail Marketing Strategy retail  rajnish kumar itcRetail Marketing Strategy retail  rajnish kumar itc
Retail Marketing Strategy retail rajnish kumar itc
 
Ss marketing mix
Ss marketing mixSs marketing mix
Ss marketing mix
 
Chap016
Chap016Chap016
Chap016
 
Retail Marketing Management - Marketing Mix
Retail Marketing Management - Marketing MixRetail Marketing Management - Marketing Mix
Retail Marketing Management - Marketing Mix
 
Retail communication mix
Retail communication mixRetail communication mix
Retail communication mix
 
Retail Strategy
Retail StrategyRetail Strategy
Retail Strategy
 
Merchandise management
Merchandise managementMerchandise management
Merchandise management
 
Advertisement & retail
Advertisement & retailAdvertisement & retail
Advertisement & retail
 
6. contemporary trends_in_marketing
6. contemporary trends_in_marketing6. contemporary trends_in_marketing
6. contemporary trends_in_marketing
 
Marketing for BBA
Marketing for BBAMarketing for BBA
Marketing for BBA
 
Retail management
Retail managementRetail management
Retail management
 
Retail promotional strategy
Retail promotional strategyRetail promotional strategy
Retail promotional strategy
 
Ss product life cycle
Ss product life cycleSs product life cycle
Ss product life cycle
 
Increase Retail Store Footfalls
Increase Retail Store FootfallsIncrease Retail Store Footfalls
Increase Retail Store Footfalls
 
Retail Marketing
Retail Marketing Retail Marketing
Retail Marketing
 
Ss viral marketing
Ss viral marketingSs viral marketing
Ss viral marketing
 

Similar to Retail communication

Promotion and pricing strategies
Promotion and pricing strategiesPromotion and pricing strategies
Promotion and pricing strategiesMehul Rasadiya
 
Unit 1 what is marketing
Unit 1 what is marketingUnit 1 what is marketing
Unit 1 what is marketingAngie Rogers
 
Promotion ans Pricing
Promotion ans PricingPromotion ans Pricing
Promotion ans PricingNakul Bajaj
 
Designing and Managing Integrated Marketing Communications
Designing and Managing Integrated Marketing CommunicationsDesigning and Managing Integrated Marketing Communications
Designing and Managing Integrated Marketing CommunicationsChoudhry Asad
 
Promotion & Distrubution
Promotion & DistrubutionPromotion & Distrubution
Promotion & DistrubutionHimanshu Dutt
 
Managing marketing communications
Managing marketing communicationsManaging marketing communications
Managing marketing communicationsDominic Mackenzie
 
Content marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiosityContent marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiositysnehal_152
 
Content marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiosityContent marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiositysnehal_152
 
Chapter 5 (designing marketing programsto build brand equity)
Chapter 5 (designing marketing programsto build brand equity)Chapter 5 (designing marketing programsto build brand equity)
Chapter 5 (designing marketing programsto build brand equity)Jawad Chaudhry
 
Chap 5, designing marketing programme to build brand equity
Chap 5, designing marketing programme to build brand equityChap 5, designing marketing programme to build brand equity
Chap 5, designing marketing programme to build brand equityRajesh Kumar
 
ch14 PROMOTION AND PRICING in marketing management
ch14 PROMOTION AND PRICING in marketing managementch14 PROMOTION AND PRICING in marketing management
ch14 PROMOTION AND PRICING in marketing managementmadelguarin4
 
vijay
vijayvijay
vijayvijay
 
Unit 1 introduction
Unit 1 introductionUnit 1 introduction
Unit 1 introductionprachimba
 
Advertising & promotion
Advertising & promotion Advertising & promotion
Advertising & promotion AyeshaNadeem54
 

Similar to Retail communication (20)

Promotion decisions 29-10-13
Promotion decisions 29-10-13Promotion decisions 29-10-13
Promotion decisions 29-10-13
 
Promotion and pricing strategies
Promotion and pricing strategiesPromotion and pricing strategies
Promotion and pricing strategies
 
Unit 1 what is marketing
Unit 1 what is marketingUnit 1 what is marketing
Unit 1 what is marketing
 
Promotion ans Pricing
Promotion ans PricingPromotion ans Pricing
Promotion ans Pricing
 
Designing and Managing Integrated Marketing Communications
Designing and Managing Integrated Marketing CommunicationsDesigning and Managing Integrated Marketing Communications
Designing and Managing Integrated Marketing Communications
 
Promotion & Distrubution
Promotion & DistrubutionPromotion & Distrubution
Promotion & Distrubution
 
Concepts of e marketing
Concepts of e  marketingConcepts of e  marketing
Concepts of e marketing
 
Managing marketing communications
Managing marketing communicationsManaging marketing communications
Managing marketing communications
 
Content marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiosityContent marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiosity
 
Content marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiosityContent marketing and omni channel marketing for brand curiosity
Content marketing and omni channel marketing for brand curiosity
 
Chapter 5 (designing marketing programsto build brand equity)
Chapter 5 (designing marketing programsto build brand equity)Chapter 5 (designing marketing programsto build brand equity)
Chapter 5 (designing marketing programsto build brand equity)
 
IMC_2.pptx
IMC_2.pptxIMC_2.pptx
IMC_2.pptx
 
Imc
ImcImc
Imc
 
Imc
ImcImc
Imc
 
Chap 5, designing marketing programme to build brand equity
Chap 5, designing marketing programme to build brand equityChap 5, designing marketing programme to build brand equity
Chap 5, designing marketing programme to build brand equity
 
ch14 PROMOTION AND PRICING in marketing management
ch14 PROMOTION AND PRICING in marketing managementch14 PROMOTION AND PRICING in marketing management
ch14 PROMOTION AND PRICING in marketing management
 
Marketing management
Marketing management Marketing management
Marketing management
 
vijay
vijayvijay
vijay
 
Unit 1 introduction
Unit 1 introductionUnit 1 introduction
Unit 1 introduction
 
Advertising & promotion
Advertising & promotion Advertising & promotion
Advertising & promotion
 

More from Rahul Jha

Role of it in retail
Role of it in retailRole of it in retail
Role of it in retailRahul Jha
 
Retail store layout
Retail store layoutRetail store layout
Retail store layoutRahul Jha
 
Retail store design
Retail store designRetail store design
Retail store designRahul Jha
 
Retail store administration
Retail  store administrationRetail  store administration
Retail store administrationRahul Jha
 
Retail marketing mmm-ii-sem-06
Retail marketing mmm-ii-sem-06Retail marketing mmm-ii-sem-06
Retail marketing mmm-ii-sem-06Rahul Jha
 
Retail marketing 2
Retail marketing 2Retail marketing 2
Retail marketing 2Rahul Jha
 
Retail location
Retail locationRetail location
Retail locationRahul Jha
 
Retail image
Retail imageRetail image
Retail imageRahul Jha
 
Reatail mktg-merchandising-
Reatail mktg-merchandising-Reatail mktg-merchandising-
Reatail mktg-merchandising-Rahul Jha
 
Franchising in retailing
Franchising in retailingFranchising in retailing
Franchising in retailingRahul Jha
 
Retail supply chain management
Retail supply chain managementRetail supply chain management
Retail supply chain managementRahul Jha
 
Foundations of individual beh.
Foundations of individual beh.Foundations of individual beh.
Foundations of individual beh.Rahul Jha
 
Communication
CommunicationCommunication
CommunicationRahul Jha
 

More from Rahul Jha (20)

Role of it in retail
Role of it in retailRole of it in retail
Role of it in retail
 
Retail store layout
Retail store layoutRetail store layout
Retail store layout
 
Retail store design
Retail store designRetail store design
Retail store design
 
Retail store administration
Retail  store administrationRetail  store administration
Retail store administration
 
Retail marketing mmm-ii-sem-06
Retail marketing mmm-ii-sem-06Retail marketing mmm-ii-sem-06
Retail marketing mmm-ii-sem-06
 
Retail marketing 2
Retail marketing 2Retail marketing 2
Retail marketing 2
 
Retail location
Retail locationRetail location
Retail location
 
Retail image
Retail imageRetail image
Retail image
 
Reatail mktg-merchandising-
Reatail mktg-merchandising-Reatail mktg-merchandising-
Reatail mktg-merchandising-
 
Franchising in retailing
Franchising in retailingFranchising in retailing
Franchising in retailing
 
Retail supply chain management
Retail supply chain managementRetail supply chain management
Retail supply chain management
 
Org beh.
Org beh.Org beh.
Org beh.
 
Leadership
LeadershipLeadership
Leadership
 
Foundations of individual beh.
Foundations of individual beh.Foundations of individual beh.
Foundations of individual beh.
 
Conflict
ConflictConflict
Conflict
 
Communication
CommunicationCommunication
Communication
 
Ch19
Ch19Ch19
Ch19
 
Ch18
Ch18Ch18
Ch18
 
Ch17
Ch17Ch17
Ch17
 
Ch16
Ch16Ch16
Ch16
 

Retail communication

  • 1. Retail Communication • Communication program (C.P.) needed to build appealing brand images, attract customers to stores and internet sites and encourage them to buy merchandise • CP informs customers about the retailer as well as about merchandise and services it offers and also plays a role in developing repeat visits and customer loyalty. • CP-1-long term- to create differentiated image, which develops 1-customer loyalty , provides strategic advantages., 2- short term- for increasing sales ,discount coupons for specified periods.,3-motivates repeat visits and purchases. • CP- develop brands and build customer loyalty.-value of brand image offered to store –i.e. a brand equity- brand –a distinguishing name or a symbol which 1-identifies class of its products or services at store , 2-differentiates from competitors. 3-helps increasing margins,4- leverage to introduce new concepts, launches with limited mktg efforts. • Activities to build brand equity for store and its pvt labels merchandise r-1-create high level of brand awareness,2- develop favorable associations with the brand name, 3- consistently reinforce the image of the brand.
  • 2. • Creating brand awareness- i.e. the ability of a potential customers to recognize or recall that the brand name is a type of retailer or product /service. • Brand awareness is the strength of the link between the brand name and type of merchandise or service in the mind of customer. • Range of brand awareness from aided recall – i.e. when consumer indicate they know the brand when name is presented to them to TOM awareness- highest level of awareness, when consumer mentions the brand name first when they r asked about type of retailer. • Retailers build TOM awareness by repeated exposures to C thru advt, sponsorships and using memorable symbols. Symbols-visual images r more easily recalled than words. e.g. MacDonald. Sponsorships of TV programs helps. • Creating brand associations- linked to consumers memory with brand name. Some common associations r like-1- merchandise category- fast food-MacDonald, book stores-cross word,,2-price/ quality-walmart,3-specific attribute or benefit- service of dominos,4-lifestyle or activity-high end stores.
  • 3. • Creating brand image- It is a set of associations that r usually organized around some meaningful themes. • Consistent reinforcements needed for developing and maintaining retailers brand image thru communication programs as well as thru elements of communication mix such as merchandise assortments, and pricing, the design of its store and websites, and the customer service it offers. • To develop a strong set of associations and a clearly defined brand image, retailers need to b consistent in portraying same message to customers over time and across all of the elements of its retail mix. • Role of marketing in retail org is 2 fold-1- informing to existing consumers,2-for getting closer to the end users. • Retail marketing mix- 1-product/merchndise-it’s a) line-group of products closely related-,e g menswear section at dept store -formal +casual +accessories. b) Variety- different merchandise lines-men's wear + women's wear c) breadth-assortment – number of merchandise brands say of formals .d) depth – average number of SKU’s-as it carries individual products defined by rand ,size, colors, styles ,price points
  • 4. • 2-price- policy related to target for its range of products and whether unique or substitute products available. e.g. designer clothing always expensive. • 3-Place-Still important although IT and TV shopping • 4-promotion-advt budgets, s.p. publicity, and p.r. r very imp in a competitive world of retailing. All promotion activities to b developed in line with target market and products. • 5-Presentation-store layout, ambience created, visual merchandising -orderly display in store. • 6-customer service- credit policy, product return policy need to b clear to sales staff, relationship mktg, CRM enhances customer service. • 7-people- front end people r face of retail org for customers, their attitudes product knowledge plays a big role in building long term relations with customers. • STP approach in retail mktg.- geographic, psychographic, target mkt, position based on merchandise, trading format, customer service • Retail Image-
  • 5. • Image of a retail store- affected A) primarily by features of merchandise, place/location of store, pricing of products, manner of presentation of products, advt and promotion of store, B) shopping experience, customer service, sales staff, and brand associations also contribute to image of store. • Retail communication mix- • Communication an integral part of retail marketing as it informs customers about the retail org, products and services. Unlike one way from store ,now two way as interactive needs of customers to b fulfilled. • Use of IMC rather than creating unique CP. Without coordinated CP thru IMC, some methods ay work at cross purposes-e. g.. simultaneous announcement of low price and exceptional customer service • Elements of retail communication mix- 1-advertising,+ 2- sales promotion +3- Public relations,+ 4 Personal selling,+,5- direct marketing • 1- Advertising – • paid form of non-personal presentation and communication thru mass media. Aims to selling to a wide mix of consumers and also to induce repeat purchases.
  • 6. • Advertising-functions- 1-Creates awareness,2- informs to create image, 3-create desire to want a product,4-informs store policy,5-inform abt national brand associations,6- to reposition store,7- inform bargain sales, and CP schemes. • Medias to advertise in retail-press, print-posters, brochures, pop displays, outdoor. internet banners. • Advertising budgets planning- methods-1- % of sales.2- competitive parity,3- research or task based,4-incremental , 5- affordable. • Deciding message-communication platform- – base on target customers select platform stressing unique features, lifestyle, testimonials. • 2-Sales promotion- • paid non-personal form of communication, that incetivises customers to visit store and purchase merchandise during specific period of time. • S.P. Programs 1- attract traffic and enables quick results.2-Help increasing impulse buying,3-generate excitement ,4-motivates other channel members.
  • 7. • S.P. aimed at consumers (C.P.) for various reasons like-1-to stimulate trial purchase,2-to encourage repeats and large purchases, thru coupons for next buy ,price reductions/discounts for large,3-to introduce new brand /product,4-to counter competitors strategy. common sales s.p. (fig) • S.P.(T.P.)-participate in trade fairs and exhibitions and conferences organized by a sectors like textiles, leather, jewelry. • 3-P.R. and publicity. • It is a mktg communication function for creating goodwill. Retail store creates and sustain favorable image with consumers, stake holders and public at large. • Retail org makes integrated p.r. efforts thru press releases, feature stories, and co’s news letters or interviews with pres, press meets/conferences • Publicity is a important component of P.R. It is a non-paid form of media coverage. Difficult to get free media coverage these days but some events like opening of store, renovation, celebrity visit, awards received celebrations, fashion shows etc merit publicity.
  • 8. • 4-Personal selling- • A paid form of personal advertising where sales people assist customers in satisfying needs thru P 2 P exchange of information. Aimed at specific individuals. Expensive method. • POP displays-Help in- store product branding, enhance retail sales, provides info to customers. almost 70 % purchase decisions r made in-store and so use of pop in styles, fashions, quality, price to b emphasized. • Direct marketing- data base provides buying occasions and preferences. Types of communications used in direct mktg r,1- direct mail,2-catlogues and mail order,3-telemarketing –few retailers use it a combination,4-Electronic retailing-many have started combining with store retail. • Store positioning- it stand test of time • IMC- to add value strategically stores use as a concept