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Case Study & Learnings : Large format
    Electronics / Technology Store

              Peshwa Acharya
Context : Present day Customer

•  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




  2                            Peshwa Acharya
Classic Marketing….

•  Attention
•  Interest
•  Desire
•  Conviction
•  Action




  3                Peshwa Acharya
CDIT

•  RELIANCE DIGITAL
      –    Electronics
      –    Home Appliances
      –    Information Technology
      –    Telecom
      –    After Sales Service




  4                                 Peshwa Acharya
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




    5                              Peshwa Acharya
Marketing Tools & Techniques

•    Customer Insights
•    Promotions
•    Communication
•    In-Store Communications & Visual Merchandising
•    Events
•    Innovations




     6                        Peshwa Acharya
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



  7                              Peshwa Acharya
What Drives Preference & 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…
     8                                       Peshwa Acharya
CQT : Customer Question Time




    Focus Group Discussion                    Customer Feedback Form

9                            Peshwa Acharya
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)
  10                                  Peshwa Acharya
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




 11                               Peshwa Acharya
Advertising & Communication

•     Leaflet distribution in prominent catchments
•     Digital Life catalogue
•     SMS campaigns
•     EDM (Electronic Direct Mailer) campaigns
•     Radio spots
•     Press ADVTS




     12                          Peshwa Acharya
Creatives & deployment ….
•  Promotional Leaflets (Tactical)




  13                           Peshwa Acharya
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
•  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




  14                                     Peshwa Acharya
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




  15                               Peshwa Acharya
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




  16                               Peshwa Acharya
Interactive Engagement Communication
 •     Radio Spots:
 •     Supplement to 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 .
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



      17                            Peshwa Acharya
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




  18                               Peshwa Acharya
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



  19                            Peshwa Acharya
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.




 20                            Peshwa Acharya
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




  21                          Peshwa Acharya
22   Peshwa Acharya
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


 23                              Peshwa Acharya
Understand retail and customers …..




24              Peshwa Acharya
Simple Ideas …deployed in a structured manner




25               Peshwa Acharya
• Peshwa Acharya
•  peshwa.expert@gmail.com
•  acharya.peshwa@gmail.com
• Skype : peshwa.acharya
   http://in.linkedin.com/in/peshwa
   http://www.slideshare.net/peshwaacharya
• Mobile : 93211 41038


 26              Peshwa Acharya

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Large Format Electronics Store Case Study on Marketing Learnings & Tools

  • 1. Case Study & Learnings : Large format Electronics / Technology Store Peshwa Acharya
  • 2. Context : Present day Customer •  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 2 Peshwa Acharya
  • 3. Classic Marketing…. •  Attention •  Interest •  Desire •  Conviction •  Action 3 Peshwa Acharya
  • 4. CDIT •  RELIANCE DIGITAL –  Electronics –  Home Appliances –  Information Technology –  Telecom –  After Sales Service 4 Peshwa Acharya
  • 5. 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 5 Peshwa Acharya
  • 6. Marketing Tools & Techniques •  Customer Insights •  Promotions •  Communication •  In-Store Communications & Visual Merchandising •  Events •  Innovations 6 Peshwa Acharya
  • 7. 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 7 Peshwa Acharya
  • 8. What Drives Preference & 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… 8 Peshwa Acharya
  • 9. CQT : Customer Question Time Focus Group Discussion Customer Feedback Form 9 Peshwa Acharya
  • 10. 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) 10 Peshwa Acharya
  • 11. 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 11 Peshwa Acharya
  • 12. Advertising & Communication •  Leaflet distribution in prominent catchments •  Digital Life catalogue •  SMS campaigns •  EDM (Electronic Direct Mailer) campaigns •  Radio spots •  Press ADVTS 12 Peshwa Acharya
  • 13. Creatives & deployment …. •  Promotional Leaflets (Tactical) 13 Peshwa Acharya
  • 14. 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 •  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 14 Peshwa Acharya
  • 15. 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 15 Peshwa Acharya
  • 16. 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 16 Peshwa Acharya
  • 17. Interactive Engagement Communication •  Radio Spots: •  Supplement to 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 . 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 17 Peshwa Acharya
  • 18. 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 18 Peshwa Acharya
  • 19. 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 19 Peshwa Acharya
  • 20. 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. 20 Peshwa Acharya
  • 21. 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 21 Peshwa Acharya
  • 22. 22 Peshwa Acharya
  • 23. 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 23 Peshwa Acharya
  • 24. Understand retail and customers ….. 24 Peshwa Acharya
  • 25. Simple Ideas …deployed in a structured manner 25 Peshwa Acharya
  • 26. • Peshwa Acharya •  peshwa.expert@gmail.com •  acharya.peshwa@gmail.com • Skype : peshwa.acharya http://in.linkedin.com/in/peshwa http://www.slideshare.net/peshwaacharya • Mobile : 93211 41038 26 Peshwa Acharya