The CMO Survey - Highlights and Insights Report - Spring 2024
Presentation2
1. A TATA ENTERPRISE
INTRODUCTION
We help you buy
First national, specialist retail chain : consumer electronics and durables.
Technical and strategic support : Woolworth
Promoted by : Infiniti Retail Ltd (100% subsidiary of Tata Sons)
6,000 products, 180 brands, 8 categories, 50 stores
2. A TATA ENTERPRISE
We help you buy
Brand Philosophy
•If service wasn't important.
•If technology wasn't complex.
•If variety wasn't confusing.
•We would have no reason to be in business.
•We help you buy.
3. A TATA ENTERPRISE
We help you buy
OBJECTIVES.
•Focus : Understanding customer’s need and meeting them in a
delightful manner
•By March 2015 : Aiming 85 more megastores across India
•Market Penetration : Also targeting small cities such as
Chandigarh, Amritsar, Jalandhar, Mysore, Mangalore etc
•Commitment : Providing unmatched shopping experience
4. A TATA ENTERPRISE
We help you buy
WHY CROMA ?
•Widest range of products
Choose from 6000 products across eight categories
•We help you buy
Sound and knowledgeable advice from well-trained advisors to help you
make informed buying decisions.
•A name you can trust
Croma is promoted by Infiniti Retail Ltd, an initiative of the Tata group, a
brand that stands for trust and reliability globally.
•Customer commitment
Croma not only gives you a world-class shopping experience, but also
backs it with great after-sales service.
5. A TATA ENTERPRISE
Contd...
We help you buy
•Great deals and offers
Croma periodically offers exciting deals on all your favourite
products.
•A first of its kind
Consumer electronics and durable retail is a fragmented segment
and has been largely catered to by regional players.
•Croma is the first of its kind
Large-format, specialist and pan-Indian.
6. A TATA ENTERPRISE
STORE FORMAT
We help you buy
• Croma Stand Alone Stores – 15,000 sq. ft to
20,000 sq. ft.
• Croma Stores located in Malls – 5000 sq. ft to
10,000 sq. ft.
7. A TATA ENTERPRISE
STORE DESIGN OBECTIVES
We help you buy
•Consistent with retailers image and strategy.
•Positive influence on customer satisfaction and
purchase behavior.
•Cost effective & Flexible
9. A TATA ENTERPRISE
We help you buy
ATMOSTSPHERE
•FLOORING- Off white tiles
• LIGHTING- Yellow and White blubs
• ODOUR- Fresh air.
• TEMPERATURE – 24 degree.
• TRIAL PRODUCTS-
10. A TATA ENTERPRISE
MAJOR SELLING PRODUCTS
We help you buy
Major Products contributing
to the sales of CROMA :
Colour Televisions
Refrigerators
Air Conditioners
Washing Machine
Others : Kitchen appliances,
Gaming
Devices, Computers, Laptops,
Mobiles & Accessories Etc
13. A TATA ENTERPRISE
We help you buy
PRICE STRATEGY
EXISTING PRICING
• Value pricing
• Promotional pricing
Low interest financing
Psychological discounting
Special event pricing
• Differentiated Pricing
Time pricing
14. A TATA ENTERPRISE
We help you buy
VALUE PRICING
Value for your
money
•Best products with most
reasonable pricing.
•Lowest down payments
and easy EMI’s.
•Best discounts and offers.
•Warranties and
guarantees to your most
likings.