Professional Documents
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Retail Management: Rusty Refresh
Retail Management: Rusty Refresh
Tamkanat Hassan
Ahmad Zubair
Hannan David
Muhammad Hasan Arshad
Shahmir Ahmed Malik
RETAIL MANAGEMENT
RUSTY REFRESH
Upgrades/
Restoration of Cars
Retail Strategy Product Placement
Exclusive and custom
restoration:
Hedonic Service
Display center
Well-trained customer friendly staff Professional consultant and
Efficient and professional delivery team designer block
Customer service and waiting
Competitive pricing area
Aim to grasp at least 30% share of target
Routine repairs and
segment i.e. vintage car owners
servicing:
Strategic store layout
Store location on basis of convenience, Workshop area
Parking and repair vicinity
visibility, traffic and land availability. This
would lead to increased footfall.
What we plan to offer?
Customer Support
What consumer needs we
aim to satisfy?
Hedonic Utilitarian
Extended
problem solving
purchase
Exclusive Routine
decision
upgradation. repairs and
Vintage servicing
restoration
Target Segment
Upper and upper-middle class
Own expensive classics
Collectors buy rust buckets
People likely of ages 40-60s
Likely own property near or within DHA
Strategic Location
Authenticity and
quality assurance
Pricing Strategy
Pricing Strategy Competitve pricing
We aim to acquire a large market share of
our target segment as quickly as
possible.
Warehouse
Parts storage and general storage
Must be close to main/ring road
Layout
Fixtures
Large workshop/garage space
Images of restored cars
Customer Service Area
Colorful designs and parts on
Display center
walls
Waiting/Recreational area
Relate to customer wants
(freeform)
MERCHANDISING
Entering local Highly trained HR and Customer Top Management Availability of On-
workshop market staff with a proper Service personally involved Demand Visit and
with premium structure department cater in projects and with Website provide
service alongside including line and to complaints and customers for better convenience to
cheaper options bay managers. suggestions. understanding. customers.
Non confrotational
transparency through Place
certification Initially in Lahore
4 kanal area,
Physical Opening in DHA
Marketing
Phase 5
Evidence Marketing
Dressed stores
strategy
Strategy
Display of items
showcase 7Ps Price
builds
Recreation area Competitive pricing
strategy
Process Promotion Occasional
Sales & graphic Affiliate marketing discounts
design Online ads
Loyalty Scheme
Monthly Celebrity
imports endorsments
Feedback Mass media
Word of mouth In store
Affiliate Marketing
Customer Service
"If you make a sale, you can make a living. If you
make an investment of time and good service in a
customer, you can make a fortune."
- Jim Rohn
Physical Digital/Website
Strengths and Strengths:
Customer satisfaction and ease
Weaknesses Genuine parts and builds on
Strengths:
Book Appointments
of Channels display
Variety of services
Arrange pickups/delivery
Design consultation services
Walk in workshop
Visit and view progress on their
cars
Weaknesses:
Weaknesses:
Long waiting times
Limited Satisfaction
Need to free up schedule
Online payment inconvenient
Travel time and distance
to some customers
Delayed pickups occupying
parking space
3 Rs
Recognize Respect Reward
Creative, upper class Design experts respect Pre and post service
Likes classic customer opinion customer support
automobiles Recreational areas Recreation available
Invests in restoration given consumer age during service
group Inspiring ideas around the
May insist upon waiting rooms on walls
transparency and on catalogues
Customer approval at Customer feedback
each step through
conversation/forms
Thank you!
Any Questions?