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Presented By-:
suraj dupargude(50)
Industry
Founded Headquarters Products Promoter Revenue
Retailing (Hypermarket)
2001 Mumbai, Maharashtra, India Department store Mr. Kishore Biyani Rs 6000 crores (in 2011) (Big Bazaar & Food Bazaar combined) 36000 people 214 (+) Stores Across 90 Cities in India.
Employees Stores
Vision
To Deliver Everything, Everywhere, Every time, to Every Indian Customer in the most profitable manner.
Strengths-:
Big Bazaar is known as the "Indian Wal-Mart".
Everyday low prices, which attract customers. Huge investment capacity. It offers a Family Shopping Experience, Where Entire family can visit together under one Roof. Benefit of Early Entry into Indian Retail. Online booking and delivery of goods.
Weakness-:
General perception: Low price = Low Quality.
Overcrowded during offers. Long lines at billing counters. Limited only to value offering low price products. Branded products are still missing from Big Bazaar.
Opportunities-:
Huge Potential Rural Market or Town to be Tapped.
Threats-:
Competition. Unorganized Retail. Most People still prefers to visit local convenient stores for daily purchases. Changing Government policies. International players looking to for India.
Customer Segmentation-:
It Targets Higher and Upper Middle Class Customers. The large & Growing Young Working Population is a Preferred Customer Segment. Targets Working Women & Home makers who are the primary decision makers.
Strategy-:
They divided Indian customers into 3 categories.. 1) India One. 2) India Two. 3) India Three.
India One-:
Consuming class which includes upper middle and lower middle Class (14% of India's Population).
India Two-:
Serving class which includes people like drivers, house-hold helps , office peons, etc. (55% of India's population).
India Three-:
Struggling class, (remaining 31% of India's population).
Positioning-:
High service
Low price
High price
low service
Wednesday Bazaar
Maha Bachat
Employees are the biggest strength and asset of any organization and
employees.
They take utmost care to select, train, motivate and retain all the
employees. They have continuous developmental Programs for all the employees. There are two shifts for the employees. The first shift employees arrive at 10AM in the morning and leave at 7.30 in the evening, while the second shift employees report at 12.30 in the afternoon and leave at the time of Store closing (10pm).
Management
HRM
Marketing etc
Owner/Manager
Responsibilities Buying, Promotion, Sales, HR, Operational Control & General Management
External Advisors Sales Staff Lawyers, CA, Bankers, etc Back Office Staff
Responsibilities Accounting & Record keeping, Data Entry, Inventory Control, Purchase Orders, Time Keeping & Payroll, Facilities Management
Card
People Processes Management Processes Leadership Excellence
Induction
Training Compensation and rewards Performance appraisal
training program.
They are given information about the companys business,
company.
Training
Need of Training arises at following Times: Induction Sales Staff in direct contact with customers
Communication Knowledge Product Knowledge Company Policies on Return Knowledge of the workplace Market Awareness Personal Grooming
Skill enhancements
packages. The salary of an employee includes basic pay. HRA, special allowance, Mediclaim etc. Annual bonus will be given at the time of Diwali. The employees and their dependents are also entitled for medical treatment in recognized hospitals with cashless hospitalization with whom the company has tie-ups. If a hospital is not recognised, the amount spent by the employee will be reimbursed. Along with these all the employees are given a card known as Employee Discount card (EDC) through which they can buy any product at Big Bazaar at a special discount of 20-30 %.
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Thanking You!!!!!