SlideShare a Scribd company logo
OVERALL Trends & Ideas for Marketing to Customers in a Large Format Electronics
Retail Context…..
Pls note that these are not any Brand / Retail / Company Specific programs but a
pragmatic paper based on my 20 years Retail / FMCG / Electronics / Telecom
experience … Also largely derived from my Leading the Marketing for RELIANCE
RETAIL as the Chief of Marketing , in the last 4 / 5 years …

Effective Marketing would draw customers into our stores and convert the customer’s
conviction into action. As a marketer or as a retailer, one would like to see consumption
of goods from his basket and well designed marketing programs would drive this.

                                                        In the context of Electronics or
                                                        rather       CDIT ( Consumer
                                                        Durables , IT , Telecom) a
                                                        ‘brand’ / “ vendor” / “ company”
                                                        will market its products through
                                                        attractive incentives / offers by
                                                        highlighting the superiority of its
                                                        features , technology , Pricing
                                                        etc . The brand in this case is
                                                        fighting for a share from its
                                                        competition or growing the
                                                        market / category.

                                                       In case of a retailer, more
                                                       appropriately for a Electronics /
                                                       CDIT retailer who in his
                                                       assortment has practically all of
                                                       the electronic & electrical
                                                       Brands / Lines that a consumer
                                                       would need at home, the
                                                       concept of consumer promotion
                                                       changes quite a bit. There are 2
fold objectives – one that the Customer / shopper should shop at his retail outlet for the
product and 2, the shopper should think TOM of this retail outlet whenever he needs to
buy and electronic / CDIT gadget.

Now let me share with you , our learnings from Reliance Digital format …
At Reliance Digital, we recognized this at a fairly early stage. We realized that people
shop at our store not just for products but solutions. Take the example of a customer
who has shopped somewhere for an LCD TV of one brand. He will have a technician
from the brand visiting his place to install the TV – it is fine so far. Now, the customer
needs a solution – he has a DVD player of some other brand and wants to have it
hooked on and synchronized with this new TV; the response from the technician will
more often be negative. At Reliance we set up a team of specialists called Reliance ResQ
engineers. They would not just install the TV of any brand but also help in this
interconnectivity and hence provide complete solution.

Visit our large format stores and you will find the walls full of visual merchandise – a
silent promotion but suggesting inputs to the shopper so that he can make appropriate
choice of product/s. ( In fact making the choice , decision easy for the shopper /
customer )

Having said this, let me now share with you another very successful promotion
campaign that we run year after year as a part of our Anniversary celebrations.
Shoppers not only get freebies but win exciting prizes on contests. The finalist drive
away with a Honda Civic car , viz in 2009 Anniversary !. This is to create the EXCITEMNET
/ HYPE / ASPIRATIONAL VALUE , and drive the shoppers to our stores …

Our focus is on solution and experience rather than offering discounts.

We encourage shoppers to shop for more by giving them an offer that is commensurate
with their spending. This is called ‘Bill value promotion’. Shop for more and walk away
with a more expensive gift. This kind of promotion also benefits a shopper and
encourages him to buy products from across categories – he could be buying a home
theatre system and a lap top and getting the gift.

One another interesting aspect of our promotions is that they are backed by very lively
                                               consumer engagement programmes
                                               and events at our stores. During the
                                               Diwali season of 2008, we ran a
                                               promotion christened ‘You are the
                                               king’ – riding on the popularity of the
                                               movie ‘Singh is King’. Every day during
                                               the campaign period, we distributed
                                               prizes to the content winners and they
                                               were called Saath baje ka Sikandar –
                                               the event would generate very good
                                               footfalls and motivate shoppers to buy
                                               before the strike of 7 PM and get
                                               them to participate in the day’s
                                               contest. The prizes that we gave away
                                               included LCD TVs, Mobile phones,
                                               Digital Cameras, Microwave ovens etc.
How does all this sum up and what are our learnings?
Firstly, as a Electronics / Technology retailer when you have differentiated offers for
which there is a perceived value, that by itself is a strong promoter.
Next, promotions and marketing campaigns should not be just product centric (as such
brands invariably have their offers on products) and should be more store centric.
Next, customer engagement programs or events actually help in enhancing the average
bill value & conversion an overall experience .

More Related Content

What's hot

Loyalty presentation
Loyalty presentationLoyalty presentation
Loyalty presentation
Anindya Ghosh
 
Ibm working smarter in retail
Ibm working smarter in retailIbm working smarter in retail
Ibm working smarter in retail
Friedel Jonker
 
Campaign Design using micro-segment for retail.
Campaign Design using micro-segment for retail.Campaign Design using micro-segment for retail.
Campaign Design using micro-segment for retail.
Cequity Solutions
 
Retail giant walmart
Retail giant walmartRetail giant walmart
Retail giant walmartRajnish Deo
 
Melaleuca cdm
Melaleuca cdmMelaleuca cdm
Melaleuca cdmwohat
 
What is service marketing
What is service marketingWhat is service marketing
What is service marketingGufi Mf
 
Retail Management
Retail Management Retail Management
Retail Management
Chetan Poojari
 
NITIE MIG Marketing Magzine..Markdarshak
NITIE MIG Marketing Magzine..MarkdarshakNITIE MIG Marketing Magzine..Markdarshak
NITIE MIG Marketing Magzine..MarkdarshakPranay Kumar
 
Virgin Mobile
Virgin MobileVirgin Mobile
Virgin Mobile
Joshua Miranda
 
Virgin mobile pricing
Virgin mobile pricingVirgin mobile pricing
Virgin mobile pricing
Ishan Pratik
 

What's hot (11)

Loyalty presentation
Loyalty presentationLoyalty presentation
Loyalty presentation
 
Ibm working smarter in retail
Ibm working smarter in retailIbm working smarter in retail
Ibm working smarter in retail
 
Campaign Design using micro-segment for retail.
Campaign Design using micro-segment for retail.Campaign Design using micro-segment for retail.
Campaign Design using micro-segment for retail.
 
Retail giant walmart
Retail giant walmartRetail giant walmart
Retail giant walmart
 
Melaleuca cdm
Melaleuca cdmMelaleuca cdm
Melaleuca cdm
 
What is service marketing
What is service marketingWhat is service marketing
What is service marketing
 
Retail Management
Retail Management Retail Management
Retail Management
 
B Stock Solutions Brochure
B Stock Solutions BrochureB Stock Solutions Brochure
B Stock Solutions Brochure
 
NITIE MIG Marketing Magzine..Markdarshak
NITIE MIG Marketing Magzine..MarkdarshakNITIE MIG Marketing Magzine..Markdarshak
NITIE MIG Marketing Magzine..Markdarshak
 
Virgin Mobile
Virgin MobileVirgin Mobile
Virgin Mobile
 
Virgin mobile pricing
Virgin mobile pricingVirgin mobile pricing
Virgin mobile pricing
 

Viewers also liked

Indianconsumers
IndianconsumersIndianconsumers
Indianconsumers
PESHWA ACHARYA
 
Now we go digital..
Now we go digital..Now we go digital..
Now we go digital..
PESHWA ACHARYA
 
MOBILE APPS & GAMES BRANDS / DEVELOPERS
MOBILE APPS  & GAMES  BRANDS / DEVELOPERS MOBILE APPS  & GAMES  BRANDS / DEVELOPERS
MOBILE APPS & GAMES BRANDS / DEVELOPERS PESHWA ACHARYA
 
Technology marketing it is all about engagement
Technology marketing  it is all about engagementTechnology marketing  it is all about engagement
Technology marketing it is all about engagement
PESHWA ACHARYA
 
LIVE MARKETING @ RETAIL STORES
LIVE  MARKETING @ RETAIL STORES LIVE  MARKETING @ RETAIL STORES
LIVE MARKETING @ RETAIL STORES PESHWA ACHARYA
 
Toothpaste consumeption matrix across India
Toothpaste consumeption matrix across IndiaToothpaste consumeption matrix across India
Toothpaste consumeption matrix across India
PESHWA ACHARYA
 
Emerging paradigms
Emerging paradigmsEmerging paradigms
Emerging paradigms
PESHWA ACHARYA
 
Quantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology RetailQuantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology RetailPESHWA ACHARYA
 
Pricing Presentation@Singapore
Pricing Presentation@SingaporePricing Presentation@Singapore
Pricing Presentation@Singapore
PESHWA ACHARYA
 
HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...
HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...
HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...
PESHWA ACHARYA
 
How to maximize Celebrity Activations
How to maximize Celebrity Activations How to maximize Celebrity Activations
How to maximize Celebrity Activations PESHWA ACHARYA
 
Sterling the holiday company
Sterling   the holiday companySterling   the holiday company
Sterling the holiday company
PESHWA ACHARYA
 
How to Enhance Profitablity of Retailers / Retail Operations
How to Enhance Profitablity of Retailers / Retail OperationsHow to Enhance Profitablity of Retailers / Retail Operations
How to Enhance Profitablity of Retailers / Retail Operations
PESHWA ACHARYA
 
Dubai Retail Store Visit
Dubai Retail Store Visit Dubai Retail Store Visit
Dubai Retail Store Visit
PESHWA ACHARYA
 
MOBILE VAS in AFRICA
MOBILE VAS  in AFRICA MOBILE VAS  in AFRICA
MOBILE VAS in AFRICA
PESHWA ACHARYA
 
Reliance fresh store turnaround
Reliance fresh store turnaroundReliance fresh store turnaround
Reliance fresh store turnaround
PESHWA ACHARYA
 
Merchandise presentation manual : Apparel Category
Merchandise presentation manual :  Apparel Category Merchandise presentation manual :  Apparel Category
Merchandise presentation manual : Apparel Category PESHWA ACHARYA
 
Europe stores
Europe storesEurope stores
Europe stores
PESHWA ACHARYA
 

Viewers also liked (20)

Indianconsumers
IndianconsumersIndianconsumers
Indianconsumers
 
Now we go digital..
Now we go digital..Now we go digital..
Now we go digital..
 
What is VM ?
What is  VM ? What is  VM ?
What is VM ?
 
MOBILE APPS & GAMES BRANDS / DEVELOPERS
MOBILE APPS  & GAMES  BRANDS / DEVELOPERS MOBILE APPS  & GAMES  BRANDS / DEVELOPERS
MOBILE APPS & GAMES BRANDS / DEVELOPERS
 
Technology marketing it is all about engagement
Technology marketing  it is all about engagementTechnology marketing  it is all about engagement
Technology marketing it is all about engagement
 
LIVE MARKETING @ RETAIL STORES
LIVE  MARKETING @ RETAIL STORES LIVE  MARKETING @ RETAIL STORES
LIVE MARKETING @ RETAIL STORES
 
Toothpaste consumeption matrix across India
Toothpaste consumeption matrix across IndiaToothpaste consumeption matrix across India
Toothpaste consumeption matrix across India
 
Emerging paradigms
Emerging paradigmsEmerging paradigms
Emerging paradigms
 
Whats in a name
Whats in a nameWhats in a name
Whats in a name
 
Quantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology RetailQuantification of Store / Consumer Experience in Technology Retail
Quantification of Store / Consumer Experience in Technology Retail
 
Pricing Presentation@Singapore
Pricing Presentation@SingaporePricing Presentation@Singapore
Pricing Presentation@Singapore
 
HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...
HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...
HOW TO DO A GREAT BRAND FIT OF THE EVENTS , LIVE MARKETING ...
 
How to maximize Celebrity Activations
How to maximize Celebrity Activations How to maximize Celebrity Activations
How to maximize Celebrity Activations
 
Sterling the holiday company
Sterling   the holiday companySterling   the holiday company
Sterling the holiday company
 
How to Enhance Profitablity of Retailers / Retail Operations
How to Enhance Profitablity of Retailers / Retail OperationsHow to Enhance Profitablity of Retailers / Retail Operations
How to Enhance Profitablity of Retailers / Retail Operations
 
Dubai Retail Store Visit
Dubai Retail Store Visit Dubai Retail Store Visit
Dubai Retail Store Visit
 
MOBILE VAS in AFRICA
MOBILE VAS  in AFRICA MOBILE VAS  in AFRICA
MOBILE VAS in AFRICA
 
Reliance fresh store turnaround
Reliance fresh store turnaroundReliance fresh store turnaround
Reliance fresh store turnaround
 
Merchandise presentation manual : Apparel Category
Merchandise presentation manual :  Apparel Category Merchandise presentation manual :  Apparel Category
Merchandise presentation manual : Apparel Category
 
Europe stores
Europe storesEurope stores
Europe stores
 

Similar to Trends in marketing & promotions of electronics & technology retailing ..

Ideation Presentation
Ideation PresentationIdeation Presentation
Ideation Presentation
rgolenberg
 
Ideation Presentation
Ideation PresentationIdeation Presentation
Ideation Presentation
rgolenberg
 
Dick Smith Electronics Ltd - Advertising, Media & Creative Brief
Dick Smith Electronics Ltd - Advertising, Media & Creative BriefDick Smith Electronics Ltd - Advertising, Media & Creative Brief
Dick Smith Electronics Ltd - Advertising, Media & Creative BriefJaddan Bruhn
 
Digital modern retail
Digital modern retailDigital modern retail
Digital modern retail
PESHWA ACHARYA
 
Augmented / Virtual Reality in the Packaging Industry
Augmented / Virtual Reality in the Packaging IndustryAugmented / Virtual Reality in the Packaging Industry
Augmented / Virtual Reality in the Packaging Industry
Anup Chandran
 
The Connected Store
The Connected StoreThe Connected Store
The Connected Store
Andrew Ballenthin
 
A study on customer satifaction with respect to videocon ppt
A study on customer satifaction with respect to videocon pptA study on customer satifaction with respect to videocon ppt
A study on customer satifaction with respect to videocon ppt
Vikhyaat Jamwal
 
Samsung case study
Samsung case studySamsung case study
Samsung case study
Jujhar Sidhu
 
The Connected Consumer
The Connected ConsumerThe Connected Consumer
The Connected Consumer
G3 Communications
 
Loyalty Offers System
Loyalty Offers SystemLoyalty Offers System
Loyalty Offers Systemmuralimstring
 
How brands propel business strategy forward
How brands propel business strategy forwardHow brands propel business strategy forward
How brands propel business strategy forward
Geeta Sundaram
 
The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022
Bernard Marr
 
LG Electronics
LG ElectronicsLG Electronics
MORE Vision 8: Crisis & Retail Consumption
MORE Vision 8: Crisis & Retail ConsumptionMORE Vision 8: Crisis & Retail Consumption
MORE Vision 8: Crisis & Retail ConsumptionMIPIMWorld
 
Five Truths In Building An Effective Digital Marketing And E Commerce Strategy
Five Truths In Building An Effective Digital Marketing And E Commerce StrategyFive Truths In Building An Effective Digital Marketing And E Commerce Strategy
Five Truths In Building An Effective Digital Marketing And E Commerce Strategy
Corey Torrence
 
AccessChannel Overview
AccessChannel OverviewAccessChannel Overview
AccessChannel Overview
almann
 
AccessChannel Overview
AccessChannel OverviewAccessChannel Overview
AccessChannel Overview
almann
 
Customer Adoption is the new ROI
Customer Adoption is the new ROICustomer Adoption is the new ROI
Customer Adoption is the new ROI
SalesChannel International
 
Ppt 5 crafting a deployment strategy
Ppt 5 crafting a deployment strategyPpt 5 crafting a deployment strategy
Ppt 5 crafting a deployment strategy
ilfandibektiakbar
 

Similar to Trends in marketing & promotions of electronics & technology retailing .. (20)

Ideation Presentation
Ideation PresentationIdeation Presentation
Ideation Presentation
 
Ideation Presentation
Ideation PresentationIdeation Presentation
Ideation Presentation
 
Dick Smith Electronics Ltd - Advertising, Media & Creative Brief
Dick Smith Electronics Ltd - Advertising, Media & Creative BriefDick Smith Electronics Ltd - Advertising, Media & Creative Brief
Dick Smith Electronics Ltd - Advertising, Media & Creative Brief
 
Digital modern retail
Digital modern retailDigital modern retail
Digital modern retail
 
Augmented / Virtual Reality in the Packaging Industry
Augmented / Virtual Reality in the Packaging IndustryAugmented / Virtual Reality in the Packaging Industry
Augmented / Virtual Reality in the Packaging Industry
 
The Connected Store
The Connected StoreThe Connected Store
The Connected Store
 
A study on customer satifaction with respect to videocon ppt
A study on customer satifaction with respect to videocon pptA study on customer satifaction with respect to videocon ppt
A study on customer satifaction with respect to videocon ppt
 
Samsung case study
Samsung case studySamsung case study
Samsung case study
 
The Connected Consumer
The Connected ConsumerThe Connected Consumer
The Connected Consumer
 
KS dmart.docx
KS dmart.docxKS dmart.docx
KS dmart.docx
 
Loyalty Offers System
Loyalty Offers SystemLoyalty Offers System
Loyalty Offers System
 
How brands propel business strategy forward
How brands propel business strategy forwardHow brands propel business strategy forward
How brands propel business strategy forward
 
The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022The 8 Biggest Consumer And Customer Experience Trends In 2022
The 8 Biggest Consumer And Customer Experience Trends In 2022
 
LG Electronics
LG ElectronicsLG Electronics
LG Electronics
 
MORE Vision 8: Crisis & Retail Consumption
MORE Vision 8: Crisis & Retail ConsumptionMORE Vision 8: Crisis & Retail Consumption
MORE Vision 8: Crisis & Retail Consumption
 
Five Truths In Building An Effective Digital Marketing And E Commerce Strategy
Five Truths In Building An Effective Digital Marketing And E Commerce StrategyFive Truths In Building An Effective Digital Marketing And E Commerce Strategy
Five Truths In Building An Effective Digital Marketing And E Commerce Strategy
 
AccessChannel Overview
AccessChannel OverviewAccessChannel Overview
AccessChannel Overview
 
AccessChannel Overview
AccessChannel OverviewAccessChannel Overview
AccessChannel Overview
 
Customer Adoption is the new ROI
Customer Adoption is the new ROICustomer Adoption is the new ROI
Customer Adoption is the new ROI
 
Ppt 5 crafting a deployment strategy
Ppt 5 crafting a deployment strategyPpt 5 crafting a deployment strategy
Ppt 5 crafting a deployment strategy
 

More from PESHWA ACHARYA

RELIANCE DIGITAL - Party of FOUNDING TEAM
RELIANCE DIGITAL  -  Party  of FOUNDING TEAM RELIANCE DIGITAL  -  Party  of FOUNDING TEAM
RELIANCE DIGITAL - Party of FOUNDING TEAM
PESHWA ACHARYA
 
Sterling Resort touchpoints
Sterling Resort  touchpointsSterling Resort  touchpoints
Sterling Resort touchpoints
PESHWA ACHARYA
 
Consumer loyalty program
Consumer loyalty programConsumer loyalty program
Consumer loyalty program
PESHWA ACHARYA
 
Think asconsumercredmay2019.pptx
Think asconsumercredmay2019.pptxThink asconsumercredmay2019.pptx
Think asconsumercredmay2019.pptx
PESHWA ACHARYA
 
Ppt thal1
Ppt thal1Ppt thal1
Ppt thal1
PESHWA ACHARYA
 
Indian management journal article nov - 2018 by peshwa acharya
Indian management journal   article   nov - 2018  by peshwa acharyaIndian management journal   article   nov - 2018  by peshwa acharya
Indian management journal article nov - 2018 by peshwa acharya
PESHWA ACHARYA
 
Sterling Instagram stories.pptx
Sterling  Instagram stories.pptxSterling  Instagram stories.pptx
Sterling Instagram stories.pptx
PESHWA ACHARYA
 
Best practises in loyalty marketing
Best practises in loyalty marketingBest practises in loyalty marketing
Best practises in loyalty marketing
PESHWA ACHARYA
 
STERLING RESORTS BROCHURE
STERLING  RESORTS  BROCHURE STERLING  RESORTS  BROCHURE
STERLING RESORTS BROCHURE
PESHWA ACHARYA
 
Amadeus traveller-tribes-2030-airline-it
Amadeus traveller-tribes-2030-airline-itAmadeus traveller-tribes-2030-airline-it
Amadeus traveller-tribes-2030-airline-it
PESHWA ACHARYA
 
UMH - STERLING
UMH -  STERLING UMH -  STERLING
UMH - STERLING
PESHWA ACHARYA
 
AIR ASIA MEDIA STRATEGY
AIR  ASIA   MEDIA  STRATEGY AIR  ASIA   MEDIA  STRATEGY
AIR ASIA MEDIA STRATEGY
PESHWA ACHARYA
 
Rocket perks an introduction
Rocket perks   an introductionRocket perks   an introduction
Rocket perks an introduction
PESHWA ACHARYA
 
BLOG POSTS / CONTENT MAREKTING
BLOG POSTS  / CONTENT MAREKTING BLOG POSTS  / CONTENT MAREKTING
BLOG POSTS / CONTENT MAREKTING
PESHWA ACHARYA
 
Brand archetypecards
Brand archetypecardsBrand archetypecards
Brand archetypecards
PESHWA ACHARYA
 
Customer touchpoints workshop
Customer touchpoints workshopCustomer touchpoints workshop
Customer touchpoints workshop
PESHWA ACHARYA
 
Sterling master class digital
Sterling master class  digitalSterling master class  digital
Sterling master class digital
PESHWA ACHARYA
 
MARKETING WHITEBOOK 2017
MARKETING WHITEBOOK  2017MARKETING WHITEBOOK  2017
MARKETING WHITEBOOK 2017
PESHWA ACHARYA
 
Building Brands - Consumer Marketing
Building Brands -  Consumer Marketing Building Brands -  Consumer Marketing
Building Brands - Consumer Marketing
PESHWA ACHARYA
 
Competition audit
Competition auditCompetition audit
Competition audit
PESHWA ACHARYA
 

More from PESHWA ACHARYA (20)

RELIANCE DIGITAL - Party of FOUNDING TEAM
RELIANCE DIGITAL  -  Party  of FOUNDING TEAM RELIANCE DIGITAL  -  Party  of FOUNDING TEAM
RELIANCE DIGITAL - Party of FOUNDING TEAM
 
Sterling Resort touchpoints
Sterling Resort  touchpointsSterling Resort  touchpoints
Sterling Resort touchpoints
 
Consumer loyalty program
Consumer loyalty programConsumer loyalty program
Consumer loyalty program
 
Think asconsumercredmay2019.pptx
Think asconsumercredmay2019.pptxThink asconsumercredmay2019.pptx
Think asconsumercredmay2019.pptx
 
Ppt thal1
Ppt thal1Ppt thal1
Ppt thal1
 
Indian management journal article nov - 2018 by peshwa acharya
Indian management journal   article   nov - 2018  by peshwa acharyaIndian management journal   article   nov - 2018  by peshwa acharya
Indian management journal article nov - 2018 by peshwa acharya
 
Sterling Instagram stories.pptx
Sterling  Instagram stories.pptxSterling  Instagram stories.pptx
Sterling Instagram stories.pptx
 
Best practises in loyalty marketing
Best practises in loyalty marketingBest practises in loyalty marketing
Best practises in loyalty marketing
 
STERLING RESORTS BROCHURE
STERLING  RESORTS  BROCHURE STERLING  RESORTS  BROCHURE
STERLING RESORTS BROCHURE
 
Amadeus traveller-tribes-2030-airline-it
Amadeus traveller-tribes-2030-airline-itAmadeus traveller-tribes-2030-airline-it
Amadeus traveller-tribes-2030-airline-it
 
UMH - STERLING
UMH -  STERLING UMH -  STERLING
UMH - STERLING
 
AIR ASIA MEDIA STRATEGY
AIR  ASIA   MEDIA  STRATEGY AIR  ASIA   MEDIA  STRATEGY
AIR ASIA MEDIA STRATEGY
 
Rocket perks an introduction
Rocket perks   an introductionRocket perks   an introduction
Rocket perks an introduction
 
BLOG POSTS / CONTENT MAREKTING
BLOG POSTS  / CONTENT MAREKTING BLOG POSTS  / CONTENT MAREKTING
BLOG POSTS / CONTENT MAREKTING
 
Brand archetypecards
Brand archetypecardsBrand archetypecards
Brand archetypecards
 
Customer touchpoints workshop
Customer touchpoints workshopCustomer touchpoints workshop
Customer touchpoints workshop
 
Sterling master class digital
Sterling master class  digitalSterling master class  digital
Sterling master class digital
 
MARKETING WHITEBOOK 2017
MARKETING WHITEBOOK  2017MARKETING WHITEBOOK  2017
MARKETING WHITEBOOK 2017
 
Building Brands - Consumer Marketing
Building Brands -  Consumer Marketing Building Brands -  Consumer Marketing
Building Brands - Consumer Marketing
 
Competition audit
Competition auditCompetition audit
Competition audit
 

Recently uploaded

ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Boris Ziegler
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
ecamare2
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
WilliamRodrigues148
 
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for BuildingsStructural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
Chandresh Chudasama
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
jamalseoexpert1978
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
LuanWise
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 

Recently uploaded (20)

ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
 
Structural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for BuildingsStructural Design Process: Step-by-Step Guide for Buildings
Structural Design Process: Step-by-Step Guide for Buildings
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 

Trends in marketing & promotions of electronics & technology retailing ..

  • 1. OVERALL Trends & Ideas for Marketing to Customers in a Large Format Electronics Retail Context….. Pls note that these are not any Brand / Retail / Company Specific programs but a pragmatic paper based on my 20 years Retail / FMCG / Electronics / Telecom experience … Also largely derived from my Leading the Marketing for RELIANCE RETAIL as the Chief of Marketing , in the last 4 / 5 years … Effective Marketing would draw customers into our stores and convert the customer’s conviction into action. As a marketer or as a retailer, one would like to see consumption of goods from his basket and well designed marketing programs would drive this. In the context of Electronics or rather CDIT ( Consumer Durables , IT , Telecom) a ‘brand’ / “ vendor” / “ company” will market its products through attractive incentives / offers by highlighting the superiority of its features , technology , Pricing etc . The brand in this case is fighting for a share from its competition or growing the market / category. In case of a retailer, more appropriately for a Electronics / CDIT retailer who in his assortment has practically all of the electronic & electrical Brands / Lines that a consumer would need at home, the concept of consumer promotion changes quite a bit. There are 2 fold objectives – one that the Customer / shopper should shop at his retail outlet for the product and 2, the shopper should think TOM of this retail outlet whenever he needs to buy and electronic / CDIT gadget. Now let me share with you , our learnings from Reliance Digital format … At Reliance Digital, we recognized this at a fairly early stage. We realized that people shop at our store not just for products but solutions. Take the example of a customer who has shopped somewhere for an LCD TV of one brand. He will have a technician from the brand visiting his place to install the TV – it is fine so far. Now, the customer needs a solution – he has a DVD player of some other brand and wants to have it hooked on and synchronized with this new TV; the response from the technician will
  • 2. more often be negative. At Reliance we set up a team of specialists called Reliance ResQ engineers. They would not just install the TV of any brand but also help in this interconnectivity and hence provide complete solution. Visit our large format stores and you will find the walls full of visual merchandise – a silent promotion but suggesting inputs to the shopper so that he can make appropriate choice of product/s. ( In fact making the choice , decision easy for the shopper / customer ) Having said this, let me now share with you another very successful promotion campaign that we run year after year as a part of our Anniversary celebrations. Shoppers not only get freebies but win exciting prizes on contests. The finalist drive away with a Honda Civic car , viz in 2009 Anniversary !. This is to create the EXCITEMNET / HYPE / ASPIRATIONAL VALUE , and drive the shoppers to our stores … Our focus is on solution and experience rather than offering discounts. We encourage shoppers to shop for more by giving them an offer that is commensurate with their spending. This is called ‘Bill value promotion’. Shop for more and walk away with a more expensive gift. This kind of promotion also benefits a shopper and encourages him to buy products from across categories – he could be buying a home theatre system and a lap top and getting the gift. One another interesting aspect of our promotions is that they are backed by very lively consumer engagement programmes and events at our stores. During the Diwali season of 2008, we ran a promotion christened ‘You are the king’ – riding on the popularity of the movie ‘Singh is King’. Every day during the campaign period, we distributed prizes to the content winners and they were called Saath baje ka Sikandar – the event would generate very good footfalls and motivate shoppers to buy before the strike of 7 PM and get them to participate in the day’s contest. The prizes that we gave away included LCD TVs, Mobile phones, Digital Cameras, Microwave ovens etc.
  • 3. How does all this sum up and what are our learnings? Firstly, as a Electronics / Technology retailer when you have differentiated offers for which there is a perceived value, that by itself is a strong promoter. Next, promotions and marketing campaigns should not be just product centric (as such brands invariably have their offers on products) and should be more store centric. Next, customer engagement programs or events actually help in enhancing the average bill value & conversion an overall experience .