This document discusses Prestige's retail marketing mix as a kitchen solutions provider. It covers the 7Ps of marketing - product, price, place, promotion, people, process, and physical environment. For each P, specifics are provided about Prestige's approach, such as offering various kitchen appliances and accessories, competitive pricing and payment options, an omnichannel approach to distribution, and emphasis on customer service and experience across all touchpoints. The goal is to provide a total kitchen solution and meet evolving consumer needs through innovation and strategic partnerships.
2. Retail & Retailing
• Retail:-The sale of goods to the public in
relatively small quantities for use or
consumption rather than for resale.
• Retailing:- The strategy of selling goods
through retail
3. Retail Marketing
• It is a range of activities undertaken by retailer
to promote awareness and sales of the
company’s product.
4 P’s+3P’s
Product
Price
Place
Promotion
People
Physical Environment
Process
4. 3 P’s
People
• Target
Consumer
Process
• Communication
• Price
• Customer
Service
• Personnel
Selling
• Sales Incentives
Physical
Environment
• Layout
• Ambience
• Design
• Location
5. Types Of Retailers
Multibrand Retailers
• Single brand retailers
Department
• Multibrand retailers
Stores
Supermarkets
Warehouse
Retailers
Convenience
Retailer
e- Tailer
Single Brand Retailers
Specialty Retailers/Category
Killers
6. Prestige Smart Kitchen Total Kitchen Solution
Provider
Product Features
Quality
Image
Branding
Features
Variants
Mix
Support
Customer Service
Use Occasion
Availability
Warranties
7. Product
Stylish,
Availability
Durability,
Quality
Options
• Electric
Appliances
• Non Electric
Appliances
Innovative,
Different uses
Exchange
Offers,
Occasions
Discounts,War
renties
Free Servicing
Product ,Its Features &
Services
8. Prestige Smart Kitchen Total Kitchen Solution
Promotion
Provider
Promotion
Marketing Communication
Personal Promotion
Sales Promotion
Branding
Direct Marketing
9. Promotion
Promotion
Direct
Communica
tion
Direct
Interaction
Point Of
Purchase
Free Service
Camp
Exchange
Camp
Indirect
Communica
tion
Social
Media
Magazines,
News
Papers
Radio
10. Prestige Smart Kitchen Total Kitchen Solution
Provider
Price
Positioning
List
Discounts
Credit
Payment Methods
Free Or Value Added
11. Price
• “Total Kitchen Solution Provider”-Positioning
• Has Various Discount Offers
– Discounts for Occasions
• Gift Coupons
• Consumer Services
• Online Payment Options
• Credit Card Payments
• Free Or Value Added Elements
– Consumer Services
– Exchange Offers
12. Prestige Smart Kitchen Total Kitchen Solution
Provider
Place
Trade Channels
Sales Support
Channel Number
Segmented Channels
14. Prestige Smart Kitchen Total Kitchen Solution
Provider
People
Individuals On Marketing Activities
Individuals On Customer Contact
Recruitment
Culture/Image
Training & Skills
Remuneration
All the above leads to consumer satisfaction- Effective human resource gives the best
service & a competitive advantage to perform all the below mentioned activities
thus leading to consumer satisfaction and to put across right message
15. Customer Service
• Online Shopping Assistance & Order Status Queries. Prestige
Kitchen Care' (the service-at-customers' door-step programme)
• Prestige Privilege Club' (a loyalty programme)
Customer Satisfaction:- Variations, Designs & Different Modes Of
Purchasing
Ex:- It was Found That >60% Customers purchased the product
before leaving the shop
Accessibility, Free Service Camps & Exchange ( 1st Implemented by ttk
Prestige)
P
E
O
P
L
E
16. Prestige Smart Kitchen Total Kitchen Solution
Process
Customer Focus
Business-led
IT-Support
Design Features
R&D
Physical Evidence
Provider
17. Process
Brick & Click
• Directly from the company website
• Flipkart.com,amazon.com etc
• Facilities such as accepting of credit cards
• Gift cards :- wherein a particular amount can
be given in form of gift cards and purchases
only for that amount can be made
Brick & Mortar
• Show room
• Hypermarket
• Retailing
• Point of purchases at nearby locations Ex:-
Exhibitions
18. Prestige Smart Kitchen Total Kitchen Solution
Provider
Physical Evidence
Sales/Staff Contact Experience Of Brand
Product Packaging
Online Experience
19. Physical Environment
one-stop shop
for the entire
range of
`Prestige'
kitchenware
showrooms
presenting the
ambience of a
live kitchen
with plush
interiors
20. Meeting Future Requirements Of
Consumers By Innovation &
Developing Strategic Relations With
Other Companies
Variations Of Products According To The
Requirement Of Consumers. Ex:- Specialy
designed Inner Lid Cookers For North
Modern Kitchen(ttk+World Kitchen):- As a one
stop solution.
Corningware & Pyrex(ttk+Myerinternational):-
Future Of Kitchen Appliances
Non-Electric Water Filters(ttk+Vestergard):-
Middle class & Rural Market