Scrambled merchandising refers to retailers carrying a wider assortment of unrelated goods and services to become a one-stop shopping destination. This allows retailers to increase overall sales, spread risk, and attract different customer segments. However, it can also lead to inter-category competition and customer confusion if retailers lack expertise in diverse product areas. Big Bazaar is an Indian retailer known for employing scrambled merchandising across its 295 stores nationwide by offering a wide range of products from electronics to clothing to groceries.
Scrambled merchandising refers to retailers carrying a wider assortment of unrelated goods and services to become a one-stop shopping destination. This allows retailers to increase overall sales, spread risk, and attract different customer segments. However, it can also lead to inter-category competition and customer confusion if retailers lack expertise in diverse product areas. Big Bazaar is an Indian retailer known for employing scrambled merchandising across its 295 stores nationwide by offering a wide range of products from electronics to clothing to groceries.
Scrambled merchandising refers to retailers carrying a wider assortment of unrelated goods and services to become a one-stop shopping destination. This allows retailers to increase overall sales, spread risk, and attract different customer segments. However, it can also lead to inter-category competition and customer confusion if retailers lack expertise in diverse product areas. Big Bazaar is an Indian retailer known for employing scrambled merchandising across its 295 stores nationwide by offering a wide range of products from electronics to clothing to groceries.
SUMMITED BY : NISHA CHAUHAN WHAT IS SCRAMBLED MERCHANDISING?
• Scrambled Merchandising refers to a practice by
wholesalers and retailers that carry an increasingly wider assortment of merchandise. It occurs when a retailer adds goods and services that are unrelated to each other and to the firm's original business.
• EXAMPLE: reliance trends, store 99, miniso, brand
factory, big bazar, diseny etc. CHRACTERISTICS • Retailers seek to convert their stores to one stop shopping centre. • Scrambled merchandising is often fast selling. • Generates store traffic. • Yield high profit margin. • Impulse purchasing is increased. • Different target market can be attracted. ADVANTAGES
1. You can increase your overall sales.
2. You can spread the risk of carrying poor-selling products or categories. 3. You can portray yourself as a one-stop shop. 4. The effect of seasonality and competition can be lessened. DISADVANTAGES
1. Leads to intertype competition.
2. Lack of expertise in understanding the purchasing and selling of items. 3. It can confuse and frustrate your customers. About big bazaar Type Private Industry Retail Founded •2001; 18 years ago Founder Kishore Biyani Headquarters Mumbai, Maharashtra, India Number of locations 295 stores nationwide (August 25, 2019) Area served India Key people •Sarvesh Shivnath Shukla (Founder)
•Sadashiv Nayak (President & CEO)
•Umashankar Shukla (Director)
Products •Electronics •Movies and music •Home and furniture •Home improvement •Clothing •Footwear •Jewellery •Toys •Health and beauty •Pet supplies •Sporting goods and fitness •Auto •Photo finishing •Craft supplies •Party supplies •Grocery Services •Future Pay Parent Future Group Website bigbazaar.com HISTORY • Big Bazaar was started purely as a fashion format including apparel, cosmetics, accessory and general merchandise, • The first Food Bazaar format was added as Shop-In-Shop within Big Bazaar in the year 2002. CUSTOMER SEGMENTATION OF BIG BAZAAR
• Big Bazaar target higher & upper middle class
customers. • The large and growing young working population is a preferred customer segment. • Big Bazaar specially targets working women. THANK YOU
How Consumers Buying Pattern Culture and Subculture Results in Influencing The Purchase Decision of Urban Indian Households For Branded Edible Oil-2019-05!08!10-57