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URBAN STINT Vinita Sudharman PGP Mar Comm 2014-2015 MC – 21

Urban stint pgp_mar_comm

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URBAN STINT

Vinita SudharmanPGP Mar Comm 2014-

2015MC – 21

Areas Covered:

▪ Seawoods▪ Nerul▪ Mansarovar▪ Khandeshwar▪ Panvel

Study of:

▪ Modern Retail Outlet▫ Big Bazaar▫ D Mart▫ Other local supermarkets

▫ Convenience Stores▫ Medical Stores

Research Objective:

To understand how promotions, services rendered and the store environment helps in

bringing in more business in these stores

•In store self promotion•In store brand PromotionPromotions

•Home Delivery•Return PolicyServices

•Ambience•Display & Layout

Environment

Research Methodology

▪ Observation

▪ Interview

▪ Clicking pictures, slyly obviously

Modern Retail Stores

Modern Retail StoresPromotions

Modern Retail StoresPromotions

Modern Retail StoresPromotions

Recommendations for Promotion:

▪ Adequate use of Brand Promotions• Increases income• Looks colourful

▪ Practice more self promotion

▪ Return Policy▪ More counters to avoidlong queues▪ Staff▪ Parking

Modern Retail StoresServices Rendered

▪ Customer friendly return policy

▪ Counter for less than 5 items

▪ Trained and co-operative staff

▪ Avoid towing by Traffic Police

Recommendation for improving services

▪ Ambience

▪ Product Display

▪ Layout - Grid

Modern Retail StoresStore Environment

Recommendation for improving store environment:

▪ Pay attention on ambience

▪ Cleanliness

▪ Make your store visually appealing

Modern Retail Stores

Convenience Stores

Convenience StoresPromotions

▪ Promote related products

▪ Better organized

Recommendations for Promotion:

▪ Home delivery

▪ Credit system (Khata)

▪ Return policy

▪ Personal touch

▪ Store + House

Convenience StoresServices Rendered

▪ Conversion rate is high

▪ Pay prompt attention

▪ Freebies

Recommendation for improving services

Convenience StoresStore Environment

▪ More variety

▪ Less quantity

▪ Layout

▪ Not much free space

▪ Ambience is completely

ignored

▪ Pay attention to ambience

▪ Space

▪ Cleanliness

Recommendation for improving store environment:

Medical Stores

▪ Brand promotion is similar to Convenience stores▪ Tie ups with Clinics and Hospitals▪ Stand alone v/s hospital medical

Medical StoresPromotion

▪ Mobile marketing

Expiry date, Dosage, quantity

purchased

▪ Stop pushing different medicine to

get more margin

Recommendations for Promotion:

▪ Not open 24 X 7

▪ Delivery only in case of urgent need

▪ Quick service

Medical StoresServices

▪ Keep open 24 X 7

▪ Delivery with extra chargeAshraya Old Age Home

Recommendation for improving services

▪ Display of products▪ Space▪ Visibility▪ Systematic arrangement

Medical StoresStore Environment

▪ Emphasize more on “Medicines” than FMCG

▪ Do not let a product go out of stock

Recommendation for improving store environment:

Phewwww..!!

Thank you :’)