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Case Study & Learnings : Large format
Electronics / Technology Store
Peshwa Acharya
Peshwa Acharya2
• Today’s customer is extremely well-informed &
tech-savvy
• Extensive usage of internet, growing rapidly,
though penetration is still very low
• IT drives ‘Technology convergence’: Integration
of various products (Eg. Mobile, Camera,
Printer, LCD TV etc) with Computers
Today’s customers
Peshwa Acharya3
Classic Marketing….
• Attention
• Interest
• Desire
• Conviction
• Action
CDIT
• RELIANCE DIGITAL
– Electronics
– Home Appliances
– Information Technology
– Telecom
– After Sales Service
Peshwa Acharya4
Peshwa Acharya5
Key Business Objectives ….
• Create “ Reliance Digital” as a store with distinctive identity
– A technology destination store providing relevant solutions
– Both for an individual and a family in the CDIT category
• Consistent & Sustained marketing activities to drive the required “footfalls”
& conversion
• Design of robust customer centric and effective “promotions” to drive sales
• Generate revenue by partnering with brands
Peshwa Acharya6
Marketing Tools & Techniques
• Customer Insights
• Promotions
• Communication
• In-Store Communications & Visual Merchandising
• Events
• Innovations
Peshwa Acharya7
Customer Insights
• Everything that is done in Marketing is based
on understanding of customer’s needs
• Periodic research through In-house / Store as
well as external agencies
• Researches undertaken:
– Focus Group Discussions
– Dipstick studies
– Customer Feedback Forms
– Shopper Profiling
– Catchment mapping
Peshwa Acharya8
What Drives Preferance & Consumer Experience
Consumer experience happens at all the touch-points beginning from the moment a person receives the first
communication about the store till the time we deliver the product as desired by the customer & maintain it for the
useful life of the product and goes beyond…
Peshwa Acharya9
CQT : Customer Question Time
Focus Group Discussion Customer Feedback Form
Peshwa Acharya10
Promotions
• CDIT products follow a strong seasonality trend in sales
• Marketing calendar that encompasses all the high points across product
categories
• Major promotions are planned around:
– New Year
– Summer (For ACs)
– Anniversary (May – Jun)
– Monsoon (For WMs & appliances)
– Back 2 College – Laptops (July, college openings)
– Independence Day (Aug)
– Durga Puja (Oct, East India)
– Diwali (Oct – Nov)
– Christmas (Dec)
Peshwa Acharya11
Promotions
• ‘Back to College’ Student Campaign:
Objective
– Build brand amongst target audience (Youth)
– Generate Sales
Activity
– 2-day ‘In-campus’ event
– Special Offer on Laptops
– Lead generation
– July- Aug-Sep
Peshwa Acharya12
Advertising & Communication
• Leaflet distribution in prominent catchments
• Digital Life catalogue
• SMS campaigns
• EDM (Electronic Direct Mailer) campaigns
• Radio spots
• Press ADVTS
Peshwa Acharya13
Creatives & deployment ….
• Promotional Leaflets (Tactical)
Peshwa Acharya14
Communication
• ‘Digital Life’ Catalogue
– An Effective Customer Communication and engagement
tool from Reliance Digital
• Why this catalogue?
• Like a magazine, to build relationship with
customer; delivered free of cost
• Lower cost but effective medium of
communication
• Reaches the target audience in the catchment.
Multiple readership
• Finite Shelf life
• Show case our brand and range
• Educate / update the customers on technology
• Ready reckoner – offers and buying tips
• Brand recall at the customer’s place
Peshwa Acharya15
Communication
• SMS Campaign
• Viral marketing is the most commonly used low-cost medium to reach the
target audience
• We have with us the database of customers:
– Who have already shopped at Reliance Digital
– Who have also shopped at other Reliance Retail formats
– ‘Reliance’ employees
• Access to external (third party) database
• Customers segments based on profiling / shopping behaviour, and SMS sent
for various campaigns
Peshwa Acharya16
Communication
• Electronic Direct Mailer
• A very cost effective electronic
medium of communication
• Database of email IDs comprises of:
– Reliance employees
– People who have shopped in all
Reliance Retail formats
• Based on campaigns, appropriate
emails sent to customers
Peshwa Acharya17
Interactive Engagement Communication
• Radio Spots:
• Relatively cheaper vis-à-vis print
• Interactive medium
• Used for:
– New Store launch
– Thematic campaigns
• Stations used:
– Red FM
– Radio One
RJ Hunt for the channel – Associate Sponsor , Reliance Digital
Activity - To have a special event organized by the channel in our store at Vashi .
The Event – Channel to hunt for new RJ for their station in Mumbai - RD was a
preferred Venue
What’s in there for us - Innovative way to get footfalls to the store / creates a buzz
around the place
We get : Channel mentions – Free air time ( 3 week period total 500 mentions )
6 Outdoor Hoardings across the city – Mumbai & Navi Mumbai
Peshwa Acharya18
Press : Core of Retail Marketing Communication
• Press Ads
• Most Important Medium
– Achieves ‘High’ reach,
Enhances city
catchment radius.
• Synergise with High
sales points :
– Weekends
– Public Holidays
– Festivals etc
Peshwa Acharya19
In-Store Communications & Visual Merchandising
• In store communication is a means to convey our store proposition to the walk –
ins there by, generating their inquisitiveness and building desire towards
purchase
• Reliance Digital has come a long way since inception and at every step worked
on enhancing the consumer experience at store while maintaining business focus
• Over time, we have adapted quite a few communication elements and more
often, this has resulted in a ‘clutter’ in the store with several elements at times
crowding a product
• The attached document provides a guideline about usage of various elements
Peshwa Acharya20
Shopper Guides….help you shop …
• Revised set of Shopping Guides incorporating ‘attachment products’ and
provision for the ‘prospect’ to make notes introduced.
• Shopping Guide for Mobile Phones created with ‘brand participation’; this
was done to bring to focus certain brands / SKUs – to enable sales. Initial
feedback from category is that this works.
We now have Shopping guides for:
Computers & accessories,
ACs, Washing M/Cs, Ref, MWO,
Flat panel TVs, Digital Cameras,
Mobile Phones.
Peshwa Acharya21
Customer Engagement : In store Events
• Events are held in-store during
thematic campaigns
• Helps to enhance the time spent by
customer thereby increasing
chances of purchase
• Helps to enhance image of our store
as a Family destination
Peshwa Acharya22
Peshwa Acharya23
Other Business Building & Marketing Initiatives
• Generating Footfalls and Customer Count :
– New Initiatives :
• Online Media / Social Media / Website
• Bus Branding
• Hoarding
• DM : CESC tie up
• Focused catchment activity
• Cinema Slides
• Studio shift
• Enhancing conversion
– New Initiatives:
• 3D lit drops
• Studio shift event
Peshwa Acharya24
Understand retail and customers …..
Peshwa Acharya25
Simple Effective Ideas …deployed in a structured
manner ……
Think As Consumer
• Contact@thinkasconsumer.com
• http://www.slideshare.net/thinkasconsumer
• Mobile : +91 9867641038
Peshwa Acharya26

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How do to create a Retail format brand

  • 1. Case Study & Learnings : Large format Electronics / Technology Store Peshwa Acharya
  • 2. Peshwa Acharya2 • Today’s customer is extremely well-informed & tech-savvy • Extensive usage of internet, growing rapidly, though penetration is still very low • IT drives ‘Technology convergence’: Integration of various products (Eg. Mobile, Camera, Printer, LCD TV etc) with Computers Today’s customers
  • 3. Peshwa Acharya3 Classic Marketing…. • Attention • Interest • Desire • Conviction • Action
  • 4. CDIT • RELIANCE DIGITAL – Electronics – Home Appliances – Information Technology – Telecom – After Sales Service Peshwa Acharya4
  • 5. Peshwa Acharya5 Key Business Objectives …. • Create “ Reliance Digital” as a store with distinctive identity – A technology destination store providing relevant solutions – Both for an individual and a family in the CDIT category • Consistent & Sustained marketing activities to drive the required “footfalls” & conversion • Design of robust customer centric and effective “promotions” to drive sales • Generate revenue by partnering with brands
  • 6. Peshwa Acharya6 Marketing Tools & Techniques • Customer Insights • Promotions • Communication • In-Store Communications & Visual Merchandising • Events • Innovations
  • 7. Peshwa Acharya7 Customer Insights • Everything that is done in Marketing is based on understanding of customer’s needs • Periodic research through In-house / Store as well as external agencies • Researches undertaken: – Focus Group Discussions – Dipstick studies – Customer Feedback Forms – Shopper Profiling – Catchment mapping
  • 8. Peshwa Acharya8 What Drives Preferance & Consumer Experience Consumer experience happens at all the touch-points beginning from the moment a person receives the first communication about the store till the time we deliver the product as desired by the customer & maintain it for the useful life of the product and goes beyond…
  • 9. Peshwa Acharya9 CQT : Customer Question Time Focus Group Discussion Customer Feedback Form
  • 10. Peshwa Acharya10 Promotions • CDIT products follow a strong seasonality trend in sales • Marketing calendar that encompasses all the high points across product categories • Major promotions are planned around: – New Year – Summer (For ACs) – Anniversary (May – Jun) – Monsoon (For WMs & appliances) – Back 2 College – Laptops (July, college openings) – Independence Day (Aug) – Durga Puja (Oct, East India) – Diwali (Oct – Nov) – Christmas (Dec)
  • 11. Peshwa Acharya11 Promotions • ‘Back to College’ Student Campaign: Objective – Build brand amongst target audience (Youth) – Generate Sales Activity – 2-day ‘In-campus’ event – Special Offer on Laptops – Lead generation – July- Aug-Sep
  • 12. Peshwa Acharya12 Advertising & Communication • Leaflet distribution in prominent catchments • Digital Life catalogue • SMS campaigns • EDM (Electronic Direct Mailer) campaigns • Radio spots • Press ADVTS
  • 13. Peshwa Acharya13 Creatives & deployment …. • Promotional Leaflets (Tactical)
  • 14. Peshwa Acharya14 Communication • ‘Digital Life’ Catalogue – An Effective Customer Communication and engagement tool from Reliance Digital • Why this catalogue? • Like a magazine, to build relationship with customer; delivered free of cost • Lower cost but effective medium of communication • Reaches the target audience in the catchment. Multiple readership • Finite Shelf life • Show case our brand and range • Educate / update the customers on technology • Ready reckoner – offers and buying tips • Brand recall at the customer’s place
  • 15. Peshwa Acharya15 Communication • SMS Campaign • Viral marketing is the most commonly used low-cost medium to reach the target audience • We have with us the database of customers: – Who have already shopped at Reliance Digital – Who have also shopped at other Reliance Retail formats – ‘Reliance’ employees • Access to external (third party) database • Customers segments based on profiling / shopping behaviour, and SMS sent for various campaigns
  • 16. Peshwa Acharya16 Communication • Electronic Direct Mailer • A very cost effective electronic medium of communication • Database of email IDs comprises of: – Reliance employees – People who have shopped in all Reliance Retail formats • Based on campaigns, appropriate emails sent to customers
  • 17. Peshwa Acharya17 Interactive Engagement Communication • Radio Spots: • Relatively cheaper vis-à-vis print • Interactive medium • Used for: – New Store launch – Thematic campaigns • Stations used: – Red FM – Radio One RJ Hunt for the channel – Associate Sponsor , Reliance Digital Activity - To have a special event organized by the channel in our store at Vashi . The Event – Channel to hunt for new RJ for their station in Mumbai - RD was a preferred Venue What’s in there for us - Innovative way to get footfalls to the store / creates a buzz around the place We get : Channel mentions – Free air time ( 3 week period total 500 mentions ) 6 Outdoor Hoardings across the city – Mumbai & Navi Mumbai
  • 18. Peshwa Acharya18 Press : Core of Retail Marketing Communication • Press Ads • Most Important Medium – Achieves ‘High’ reach, Enhances city catchment radius. • Synergise with High sales points : – Weekends – Public Holidays – Festivals etc
  • 19. Peshwa Acharya19 In-Store Communications & Visual Merchandising • In store communication is a means to convey our store proposition to the walk – ins there by, generating their inquisitiveness and building desire towards purchase • Reliance Digital has come a long way since inception and at every step worked on enhancing the consumer experience at store while maintaining business focus • Over time, we have adapted quite a few communication elements and more often, this has resulted in a ‘clutter’ in the store with several elements at times crowding a product • The attached document provides a guideline about usage of various elements
  • 20. Peshwa Acharya20 Shopper Guides….help you shop … • Revised set of Shopping Guides incorporating ‘attachment products’ and provision for the ‘prospect’ to make notes introduced. • Shopping Guide for Mobile Phones created with ‘brand participation’; this was done to bring to focus certain brands / SKUs – to enable sales. Initial feedback from category is that this works. We now have Shopping guides for: Computers & accessories, ACs, Washing M/Cs, Ref, MWO, Flat panel TVs, Digital Cameras, Mobile Phones.
  • 21. Peshwa Acharya21 Customer Engagement : In store Events • Events are held in-store during thematic campaigns • Helps to enhance the time spent by customer thereby increasing chances of purchase • Helps to enhance image of our store as a Family destination
  • 23. Peshwa Acharya23 Other Business Building & Marketing Initiatives • Generating Footfalls and Customer Count : – New Initiatives : • Online Media / Social Media / Website • Bus Branding • Hoarding • DM : CESC tie up • Focused catchment activity • Cinema Slides • Studio shift • Enhancing conversion – New Initiatives: • 3D lit drops • Studio shift event
  • 24. Peshwa Acharya24 Understand retail and customers …..
  • 25. Peshwa Acharya25 Simple Effective Ideas …deployed in a structured manner ……
  • 26. Think As Consumer • Contact@thinkasconsumer.com • http://www.slideshare.net/thinkasconsumer • Mobile : +91 9867641038 Peshwa Acharya26