The document outlines a segmentation framework and business alignment plan aimed at establishing customer-centric retail stores in Mumbai. It includes competitor analysis, customer surveys, and various methodologies to assess market environments and customer behaviors, focusing on how to create a compelling store experience while identifying target demographics and store locations. It emphasizes understanding the local market, customer preferences, and competitive dynamics to differentiate offerings and enhance customer satisfaction.

1. Retail Business Planning Segmentation and Business Alignment

2. Objective Objective A segmentation framework and business alignment plan for setting up customer centric stores in any location Methodology Study Environment, Competitors and Customers in Mumbai and evolve a generic framework for setting up customer centric stores in any location Interviews, secondary research, Competitor Analysis and Customer Survey Competitor Analysis and Customer Surveys are specific to a location

3. What to look for? Competitor characteristics Store Look Market share Store locations Store formats Pricing levels Promotion policies Marketing programs Demand Patterns Special Demand drivers School seasons Festivals Activities and sights Beach towns Tourist attraction Special events Religious holidays Climate zone Temperature Precipitation Potential weather events Geodemographics and attitudes Population density Age Income Marital Status Ethnicity Religion Lifecycle segment Psychographic Our Own store (Reliance Retail) Characteristics Our market share Our store locations Location characteristics Site quality ratings Our store formats Sizes Design types Square footage allocation Special fixtures and displays Merchandise placements Stores of our sister divisions Green – Work finished Yellow – Work in Progress Red – Future work

4. Localized Offering Branding Store (Banner names) Product labels Vendor Brands Private Brands Store formats Size and layout Store design type Merchandise space and assortment Attributes Style and flavor Color Size Good/better/best range Pack counts Packaging design Pricing Everyday low vs High Low Policies Ranges Points Promotions Types Temporary price reduction levels In-store displays Vendor Policies Information sharing Expense sharing Product collaboration Marketing Programs Spending levels Media Mix Major messages Store service levels Store hours Labor quality and schedules Delivery policies Vendor services Direct store delivery Replenishment and stocking Customer education Finance options to customers Sales person appearance/ interaction Operating Policies Inventory levels Sourcing strategies Shrink controls Information sharing

5. Methodology Adopted Understand the environment Is there a sizeable market? How far are the customers willing to travel? ( Catchment area) What are we going to sell? How are they suited to this area? Can we do it? Identify competition What is their strength/ Weakness? What did the customer like about them? How and where can we give a better offering to the customer? Can we do it differently? Identify the right customer Segmentation Identifiable Profitable Set up a customer centric store Exit the competition

6. Work done so far 1. Catchment Area 2. Mumbai Environment study 3. Competitive Intelligence 4. Customer Survey in Mumbai

7. Catchment Area - definition Catchment area (Travel time, Amount spent) For Mumbai Max Distance willing to travel 5- 10 Km Travel time to reach a store < 30 mnts Amount spent on travel < Rs. 50 per person Area increases depending on Product Value People willing to travel more to buy high valued product Store Brand People willing to travel more to visit a branded retailer Catchment Area changes from city to city depending on Mode of transport available People in the city Value provided by the competitor stores and their location

8. However, these factors also come in.. When will a store get out of consideration set? Bad previous experience Inconvenient access to the store Negative Word of Mouth No parking space Long waiting time for billing Look of the store Difficult to get cabs/transport etc. Loyal to some other store Debit/credit card acceptance Number of other similar stores nearby (offering a better value) Price Perception of the store Quality Perceptions of the store Product availability perceptions of the store Inconvenient Store timings When will a store get into consideration set? Store related Size of the outlet Convenience of Location Store timings Ambience of the store Parking space Recreation Speciality store Company showroom Availability of food outlets in the store Product related Product range (brands availability) Exclusive products Product experience within the outlet Warranty/ Guarantee being offered by the outlet Price Related Discounts offered Promotions offered Lowest price Finance options Perceptions related Positive word of mouth Product availability perception Quality of product perception Service Related Pre purchase Familiar with shop keepers Knowledge of the sales person Selling ability of the sales person Waiting period before being attended to Post purchase: Prompt delivery of the product Installation of the product Repairs handling is good Efficiency in responding to complaint Demonstration of the product at home Keeping up the sales assurance like giving the discount/ scheme offered

9. Areas selected NSO must be atleast five stores to cover entire Mumbai market A1- The Officer’s Area Super Rich Locality Office area A2 – The Ignored Area Above Avg Locality Fastest growing area A2 is outside catchment area of competitors A3 – The Mature Area Rich Households Area Too much competition A4 – The Far Area Average Households area Far from the main city A5 – The New Area Below average households area Less competition Upcoming area A1 A2 A3 A4 A5

10. Resources Lease/Rental rates classification ( Property rates and rental rates followed same trend) For 1 BHK unfurnished Type Rental Range pm in Rs. Super Rich 30,000 > Rich 20,000 – 30,000 Above Avg Households 12,000- 20,000 Average Households 5,000 – 12,000 Ordinary Households 1,000- 5,000

11. Environment Assumptions: Vijay Sales Revenue breakup same as Mumbai market break up for CDIT products ( Revenue breakup figures are approximate and are provided by an experienced salesman at Vijay sales) Brand penetration in India is same as that in Mumbai Source for brand penetration in India – Hansa Research, Figures for 2005-06

12. Demographics Total Mumbai Population = 16,368,000 Mumbai has All India Rank #1 in MPV Unskilled Worker 8.4 Skilled worker 11.1 Petty Trader 5.8 Shop Owner 3.7 Businessman/Industrialist 2 Self Employed Professional 0.7 Clerk/Salesman 6.8 Supervisory Level 2.2 Officer/Executive Junior 2.6 Officer/Executive Middle/Senior 1.5 Not Working 33.9 Student 17.4 Retired 3.8

13. Communities Hindu Communities Maharastrians Gujaratis Punjabis Marwaris South Indians UP/Biharites

14. Environment People live in apartments “ Our bathrooms are small – we don’t need large appliances in our bathroom” “ Deliver it to me fast. I stay in Navi Mumbai. Sunday is the only holiday for me and Local trains don’t run on sundays most of the time” “ When you get bayi (Servant maid) for Rs. 200, why will I need a washing machine?” “ Because of this sea, most of our electronic gadgets get spoiled soon” “ Without A/C you can’t survive in Mumbai” “ Ganesh Chaturdi is our festival” (To be continued in the presentation…. ….)

15. Competitive Intelligence

16. Competition Intelligence Who are the competitors ? Average Store size > 3000 sq. feet Multi brand or Single Brand ( At least one of the top 5 in the respective category) Multiple stores or Top vendor franchise/ single brand store or a Hypermall (with CDIT products) Where are they?

17. Competition Vijay Sales (12) Sumaria(7) Sony Mony (6 ) Sony World (4) Hyper city Bose (2)

18. Store Comparisons Research Method: Fixed sum scoring for each parametre. Then avg is taken and rounded off Sampling method: Random non-CDIT team in office Sample size: 25 Store Reach 30 Store timings 20 Store Size 20 Look/feel of the store (store experience) 20 Space to move 10 Total 100 Products Categories 15 Depth 20 Width 20 Exclusive deals with vendors 20 Private Labels 10 Latest products/ Unique products 15 Total 100 Price Offers/discounts 50 Clarity in Pricing strategy 30 Financing 20 Total 100 Customer Service Receiving the customer 5 Finding customer requirements 15 Product comparisons 15 Assisting the customer/answering queries 15 Delivery 15 Packaging 5 Installation 15 Service Network 10 After sales service 20 CRM intiatives 10 Total 125

19. Store Comparisons Research Method: Fixed sum scoring for each parametre. Then avg is taken and rounded off Sampling method: Random non-CDIT team in office Sample size: 25 Sales Personnel Product knowledge 50 Customer friendliness 35 Staff grooming 15 Total 100 Merchandising Arrangement logic 35 Convenience to the customer 15 Total 50 Localisations Local Products 20 Local Services 30 Local Promotions 30 Store features localisation 20 Total 100 Marketing Exchange offers 40 Promotions 30 Advertisements 30 Total 100 Customers focus on Target segment 100 Total 100 Brand Store Brand Awareness 50 Grand Score 925

20. To be supported by Footfalls Footfall Conversions Net Sales Gross Margins

21. Key Strengths Wide range of products Exclusive deals with few vendors Standardized prices for all products in all locations Lowest standardized prices 10 stores – wide reach Weakness Poor in-store service Customers not addressed on entry No deals with few vendors like Voltas No in-store promotions Poor delivery In new Mumbai, delivery only on tue and Fri Store timings 10:30 AM to 8:30 PM Wide Range of Products Wide Reach Exclusive deals with vendors In-store service Store timings Delivery

22. Lessons from Vijay Sales Wide Range of Products Have IT products category in the store Have wide range of brands in the most visible categories like TV, Music Systems, Refrigerators, Washing machines and A/C Wide Reach Have at least 5 stores in Mumbai Exclusive deals with top Vendors Have exclusive product deals with top vendors in each category (e.g: Exclusive Nokia mobile phones in RR stores) In-store customer service Receive customers when they enter the store (offer water etc.) Engage them with (make them use and experience) the products by providing all the relevant information Automate information/ product comparisons etc. wherever possible Prompt delivery all over Mumbai Delivery should be made on the same day even in Navi Mumbai Store timings Keep the store open till 10:30 PM in certain locations

23. Key Strengths Excellent in-store customer service Greeting the customer Product comparisons Bargaining is possible Localizations Store timings Prices Exchange offers Weakness Lacking in product assortment Stores located very close to Vijay sales Vijay sales has better product assortment Vijay sales offers better prices In-store Customer Service Localizations

24. Lessons from Sumaria In-store customer service Receive the customer Understand his requirements Automate information/ product comparisons etc. wherever possible Engage customers with the products – (make them use it) Localizations Keep store timings according to locality (e.g: Store in Vashi to be opened till 10 PM) Promotions specific to localities should be made E.g. Exchange offers in South Mumbai store Price discounts in Navi Mumbai store

25. Sony World Key Strengths Store experience Promotions World cup offers Bargaining possibility After sales service Weakness Independent franchise operations Competing instead of coordinating Lack of sales staff – poor in-store service Product range is not easily noticeable Prices are not low compared to same products in Vijay sales Poor delivery After Sales Service Store Experience Trained Sales Staff

26. Lessons for Sony World After Sales Service Have certified multi-vendor in-store service personnel Store Experience Have demo rooms for home theatre Have place to sit and watch TVs Have a sophisticated automated system of comparing products

27. Key Strengths Store experience Demonstration rooms etc. Hypermarket – widest range of products In-store service Lowest prices ( can compete with Vijay sales) Private brands Promotions Weakness Location Very far from city Poor delivery Delivery from Borivali to Bandra only Private Brands Store Experience Store Reach

28. Lessons from Hypercity Private Labels Have ‘Low price’ private brands in store Better accessibility Synergy between specialty stores and hypermarket Have at least 5 stores in Mumbai Store Experience Have demo rooms for home theatre Have place to sit and watch TVs

29. The Bose Store Key Strengths Products Store experience Customer Service In-store After sales CRM Weakness Targeting a niche segment Products Store Experience CRM

30. Lessons from Bose Store Keep high tech- high end products in a separate section in-store and create an experience zone CRM initiatives Maintain database of customers Upgrade the customers by constantly getting in touch with them

31. Sony Mony Key Strengths Locations Accessibility No jazz store Gives the feeling that it is for middle class ( except for the store in Andheri) Weakness Poor in-store customer service Sales force not well trained Customers can’t easily identify sales personnel Poor store experience Poor product range

32. Price Perception Product Range Price Low High Prices compared for 21’’ TVs. Product range is customer’s perception For Sony World, Prices of 21’’ Sony TVs are compared. Product range for Sony World is just the perception of customers Bose’s product range and prices are just perceptions of customers Sample size = 30 Low High Hypercity Vijay Sales Sumaria Sony Mony Sony World Bose Reliance

33. Instore Customer Service Perception Product Range In store Customer Service Bose Low High Low High Vijay Sales Sony World Sony Mony Hypercity Sumaria Reliance Sample size = 30

34. Localizations Perception Localizations Number of Stores in Mumbai Bose Low High Low High Hypercity Sumaria Sony World Sony Mony Vijay Sales Reliance Sample size = 30

35. Delivery Vijay Sales delivers only on Tuesdays and Fridays in New Mumbai Hypercity delivers only in – Bandra to Borivali Sumaria takes two days to deliver Sony Mony takes two days – no delivery in New Mumbai Sony world – doesn’t let other franchises to deliver Time to deliver Area Covered Vijay Sales Sumaria Hypercity Sony Mony Sony World

36. Segmentation

37. How does Customer Centricity work? RESOURCES Values, Beliefs, Attitudes, Lifestyle Needs/Wants Effort to satisfy need/Want Merchandise Store Experience + Service Buying Behaviour Expectations from product/store Customer Centricity PERSONALITY Willingness to spend Products already Owned Products willing to buy Demographics

38. Customer Profile Age Occupation Income Gender Education Family Values/ Attitudes/ Life Style Personality Type What is his Buying Power? What is his willingness to Buy? What products does he own? What Products is he willing to Buy? Brand Awareness? How does he make his consideration set for the store to visit? What is his willingness to buy from a store? How will he search and evaluate a store/ product? Who influences his decision to buy? Expectations from the store? Expectations from the sales person? After Sales Service Expectation? A Questionnaire was designed based on this

39. VALS Innovators (A1) Ideals Achievement Self Expression Thinkers (A2) Believers (A3) Achievers (A4) Strivers (A5) Experiencers (A6) Makers (A7) Strugglers (A8) Active consumers – frequent readers of wide variety of publications Express their taste Receptive to new technology,products High Resources High Innovation Low Resources Low Innovation Little interest in image or prestige Mature/ Satisfied and comfortable Actively seek out info in decision making process Conservative and Practical Look for durability, functionality and value in the products that they buy Conservative -Slow to change habits Follow established routine Look for bargains Choose familiar products and established brands Deep commitment to career and family Value consensus, predictability/stability Interested in saving time Many wants and needs – variety of products Follow fashion and fads Spend much of time in socialising Buy on impulse Attend to advertising Concerned about opinions &approval of others Image conscious – emulate purchases of people with greater material wealth Carry credit balances Spend on clothing and personal care Shop for comfort, durability and value Unimpressed by luxuries Suspicious to new ideas/large institutions Brand Loyal Trust advertising Discounts/use coupons

40. Personality The Perfectionist (P1) The Helper (P2) The Achiever (P3) The Romantic (P4) The Observer (P5) The Questioner (P6) The Adventurer (P7) The Asserter (P8) The Peacemaker (P9) Realistic and principled Live upto expectations of parents/ teachers Take too much responsibility Warm & sensitive to other people’s needs. Relate easily to people and make friends. Suppress real fealings and never say no Energetic and Goal Oriented.Stays informed, knows what is going on. Struggles between wanting to spend time with family and achieve success at work Very sensitive Admire what is noble and beautiful in life Have high aesthetic sense Appreciate creativity Have a need for knowledge.Are introverted, analytical and insightful.Spend a lot of time alone reading, making collections and so on Need reassurance that everything is ok. Faithful to family and friends. A non-connfromsit.Procrastinate because of fear of failure Energetic, Lively and Optimistic. Don’t like to be told what to do.Spontaneous and free spirited Direct and self confident. Courageous, straight forward and honest. Never forgets injuries or insults Attack verbally or physically when provoked Able to relax and have a good time.Non-judgemental, confused about what they really want.Not taken by others seriously. Like to be asked questions to get things clear for themselves

41. What he does with what he has? What type of person is he? P1 P2 P3 P4 P5 P7 P6 P9 P8 A1 A3 A2 A5 A4 A7 A6 A8 [ Store features + Services expectation ] What Products he buys Pawan Senthil Rakhi Vikram Jain

42. Examples Pawan’s Psyche (A1-P2,Innovator, Helper) Male, 32+, Married Rich, Middle management Relates easily to people and makes friends What he needs? Products Cutting edge technology products Well informed about advances in technology. Prefers brands that will make him the best If the benefits are clear to him, he will buy. He is willing to pay a premium Services He hates wasting time He needs end-to-end service in one place Sales personnel should speak technology Store Experience His friends should recommend this store. He has a great network of friends He should be respected when he enters the store He should see the latest technology products everywhere in the store Rakhi’s Psyche (A6-P4, Experiencer, Romantic) Girl, 26+, Single, Earning Fashion Freak Buys on Impulse Very sensitive What she wants? Products Aesthetically appealing products Gives importance to looks more than functionality Latest good looking gadgets – need not be the best Services Personal attention in store Don’t expect afteer sales service. If the product is bad, she will throw it and buy a new one. Sales personnel should be young and energetic Store experience Store should be located in a posh locality Store need not be very big but should have good looks

43. Examples Vikram Jain’s Profile (A2-P8, Thinker-Asserter) Male, 35+, Business man Upper middle class Conservative and Practical Courageous and straight forward What he wants? Products Products with durability, functionality Private brands Services Never forgets injury or insult If anything goes wrong, doesnot hesitate to verbally attack Store Experience Doesn’t care about how it looks Looks for value for money products. Doesn’t trust big stores

44. Customer Survey South Mumbai Powai Andheri (W) Navi Mumbai

45. South Mumbai Walkeshwar Malabar Hill Nepean Sea Road Peddar Rd Breach Candy Area Areas covered

46. Methodology Drawing inference by observing the property and locality (Property Watch) Type of cars owned Look of apartments/ bunglahs etc. Questionnaire/ Discussions with the customers Observe/talk to customers entering the competitor store within the catchment area Questions asked Occupation, Family composition What CDIT products do you own? Where did you buy this from? How much are you willing to pay for a TV that has all the features that you wish? What do you value in the products that you buy? Expectations from the store Expectations from sales person Brand recall for TV/Refrigerator/AC/Washing Machine

47. Property Watch Walkeshwar High class residential area ( Bunglahs and Apartments) Fully furnished rented flats ( already have AC/Refrigerator/TV) Top range cars (most of them have drivers too) Dominated by Maharastrians/ People from Western India No shopping areas ( should go to Nepeansea Road) Nepeansea Road Huge Apartments (10) on either side of the road Closest shopping area – Mukesh Chowk ( No consumer durables shop) A/C demand estimation near Mukesh Chowk In an apartment ( Varsha – S7 B) facing Mukesh Chowk bus stop 4 rooms*16 floors = 64 rooms 21 rooms had A/C Approximately 68% of the rooms yet to have A/C Jain dominated area Malabar Hill High class large residential area ( Bunglahs and Large Apartments) Top range cars Christian dominated area ( most of the apartments there have christian names) Breach Candy Sea facing expensive apartments Highly localised AEON stores Peddar Road Mansions Vama stores Vijay Sales ads everywhere The Super Rich stay in South Mumbai

48. Customers SEC A+, Executives, already own TV/Refrigerator/AC/Washing Machines Want to buy LCDs/Plasma, high end home theatre systems Few don’t have split A/Cs and Window A/Cs ( 68% in Napeansea Rd) Top three expectations from the products Brand Features Technology Want ATM in the store, but don’t expect food court, gaming zone, internet café More concerned about looks of the store ( Proper lighting, space to sit are hygiene factors) Sales person must demonstrate the features of the product, should respect and give individual attention when in store They have their own cars - don’t mind traveling for 30-45 mns to reach the store Now going to Opera house (Vijay Sales, Sony Mony) for consumer durables. People bought from Sony World on Warden road Top recalled brands – LG & Sony Number of Segments Identified = 1 Name = The Rich Households No. of people met Walkeshwar (5) Malabar Hill (4) Nepean Sea Road (5) Peddar Rd (3) Breach Candy (4)

49. Competitors AEON store near Breach Candy Good example for customer centric store Specialist store for LCD/Plasma, high end home theatre/cinema Small store (< 800 sq. feet) Great Store Ambience Sony World on Wadala Road Vijay Sales in Opera House Sumaria in Churni Road

50. Powai Powai Hiranandani IIT Ghatkopar Vikroli Areas Covered

51. Segments Identified Youngsters Age (21-27) yrs, Male/Female Students or working in call centres Hangout destination ( Hakone Entertainment Centre is their favorite) Aware of top brands Want I pods/mp3 players and mobile phones Parents take their inputs while buying consumer durables Live in hostels or in Andheri, Ghatkopar The Rich Live in Apartments in Hiranandani Executives Go to Mulund for buying consumer durables The Middle Class Buy TV and Refrigerators from Maharastra Electronics in Powai or in Ghatkopar Want consumer durables with basic features and lowest price The IITians Currently buying laptops and desktops from single brand (local) vendors Want to go to a store, see the products and buy from a store but no store nearby Number of Segments Identified = 4

52. Andheri Infinity Mall Areas Covered

53. Flow Based Segmentation (Based on research in Infinity Mall, Andheri (W) )

54. Objective Segmentation of consumers that enter a mall depending on their flow (movement) in the mall To study the impact of mall on a consumer durables store in the mall

55. Methodology Observe customers from the time they enter to exit the mall Group size and demographic profile Which all stores do they visit? What do they buy? How much time do they spend in each store? What other things they do apart from visiting the store? Interview customers Which is your favorite store in the mall? Why is that your favourite store in the mall? How often you come to the mall? With whom do you come? Place : Infinity Mall in Lokhandwala complex, Andheri (W) Only mall with a consumer durables store (Vijay Sales) Time : 1:00 PM to 4:30 PM Day : Monday ( 31 st July)

56. Customer Flow-Based Segmentation Type 1: Food Bazaaris Who? Woman ( aged 27 – 35 ) accompanied by her husband and/or children (<15 yrs) What do they do after they enter the mall? Go straight to Food Bazaar Spend on avg 30 to 45 mns in Food Bazaar Come out with heavy baggage ( the items that they bought) Leave the mall without entering any other store Will not go to food court Type 2: Quality Entertainment seekers Who? Usually single or groups of 3 to 5 people of same sex ( all boys or all girls) Age ( 18 – 35), Male/Female What do they do after they enter the store? Favourite store is Landmark Land Mark because of books (not music) Spend 30-45 mns in Land Mark Buy Books and Music CDs Eat in the food court Sometimes do window shopping ( < 10 mns) Likely to visit Consumer Durables store (Vijay Sales) but not likely to buy Number of customer segments Identified = 4

57. Customer Flow-Based Segmentation Type 3: Time passers Who? Usually couples or large groups ( > 5) of boys and girls together Age 18-27, Single, Students or who started work recently (< 2 yrs) What do they do? Wait for other friends to join them, till then do window shopping Once the entire group arrives, they go to food court and eat Do window shopping in footwear and apparel stores Definitely visit all the store on discount SALE End up buying T shirts or trousers Finally go to the movie in the cineplex Leave the mall immediately after the movie Spend at least 4 hours in the mall Like Branded Sports stores like Adidas, Reebok, Nike Type 4: Shoppers Who? Age ( 24- 35), Male/ Female Small groups ( < 4) What do they do? They have a strong purchase intent for a specific product Usually go straight to the store that sells Jewelry, Watch or Consumer Durables Check out all other stores in the same floor but will not go to any other floors

58. Vijay Sales in Infinity Mall Footfalls Observation time : 3 - 4 PM Avg 15 per half an hour Conversion : 3 sales in half an hour ( 20% Conversion of footfalls) Products sold Mostly Mobile phones, DVD players and Microwave ovens Individual (usage) products Next to public toilets ( helps Vijay sales in getting footfalls) A great collection of LCDs/Plasmas and Laptops clearly visible through glass walls – helping largely to get the footfalls

59. Consumer Durables store in a mall Type When will they enter CDIT Store? What will they buy from CDIT store? Food Bazaaris No , they will not enter If they enter they buy kitchen related products Quality Ent. seekers May enter , if its closer to book/music store DVD player, I pod, Mobile phones Time Passers Will enter , if the LCDs/Plasma TVs or Laptops are visible from outside Speakers, MP3 players, I pod, computer accessories (e.g. mouse) Shoppers Will enter only if they entered the mall with the strong purchase intent for CDIT products or if the store is on the same floor as that of jewelry, watches etc (not footwear and apparels) TV, Refrigerator, Washing Machine, AC

60. Data

61. Stores with Zero Footfalls ( 3 to 4 PM) Planet Fashion ( Van Heusen, Louis Phillip, Allen Soly) Samsonite Cat Walk ( high end footwear shop) Reebok

62. Navi Mumbai Vashi Kopar Khairane

63. Customer Segments Who are they? 23- 28 Male/Female Single and Independent New to Mumbai Can shop only on weekends Lives with friends What do they want? Products in order of priority Mobile Phone Refrigerator (<165 L) 21’’ TV Washing Machine Seeks for Basic Type Products Cheapest Short term usage What kind of store? Store closer to house Delivery expected on the same day(Weekend) Need a quick comparison guidance on features vs Price What is their size? Assumption: They have first class local train passes from Vashi. They travel in 8:45, 9:15 and 9:45 local trains Total No. of people traveling in first class = 450*3 = 1350 30% of 1350 are new entrants ( 405) Number of customer segments identified = 1 Name = The New Entrants

64. Bangalore (Planned from 8 th to 15 th August)

65. Bangalore catchment area Location: Banashankari Area ( behind Deva Gowda Petrol Bunk) Catchment colonies ( within 2 Km radius) Banashankari 1 st stage – 5000 houses Banashankari 2 nd stage – 3000 houses Part of Kumara Swami Layout, ISRO layout – 3000 houses Banashankari 3 rd stage, Katriguppa area – 6000 houses Padhmanabha Nagar: 4000 houses Uttarahalli : 2500 houses Property size 14,000 SFT ( Ground Floor) 11,000 SFT (First Floor) The other retailers in the area BIG BAZAAR ( About 1.5 KMs) About 10-12 Factory/ seconds garment/ footwear outlets

66. Best Buy’s customers

67. Segments Affluent professionals who want the best technology and entertainment experience Active younger males who want the latest technology and entertainment Family men who want technology to improve their lives—practical adopters of technology and entertainment Busy suburban moms who want to enrich their children's lives with technology and entertainment Small-business customers who can use Best Buy's products and services to enhance the profitability of their businesses