Professional Documents
Culture Documents
•BY:
•GROUP 08
•Simran Grover (19PGDM128)
•Abhishek Sanghai (19PGDM141)
•Karan Kapoor (19PGDM158)
•Subindu Halder (19PGDM200)
•Soumik Mal (19PGDM260)
•Sounak Chakraborty (19PGDM261)
Value Proposition offered by Big Basket-
propositions offered •
thus providing them convenience better than the brick and mortar retailers
BB provided customers with user friendly website and various and easy payment
by BB permanently options
change the • They had customer centric approach and provided superior quality products at
reasonable prices to retain the customers
shopping habits of Yes, The value propositions offered by Big basket will change the shopping habits of
consumers
consumers and • Internet penetration
help reaping long • Customers are signing up at the rate of 20% per year with 65% retention
term benefits? • Market potential of India at 2013 was $1 Billion and is expected to reach $17 Billion by 2017
• A huge time is spent on grocery stores and the consumers tend to find it tiring and wastage of
time.
What are
For an online grocery stores like Big Basket, the customer segmentation
strategies were based on the problems that the customers faced through the
offline grocery stores.
customer Working couples who have scarcity of time as an issue because they wont be
able to enjoy their weekends spending them on grocery store.
segmentation Tech savvy males, working women involved in party purchases or weekly
purchases also consider Bigbasket as a boon.
strategies of Middle class segment constituting only 5% of the total population are also a
segment of target customers
online grocery Double income post graduates who once lived abroad and are ready to pay
more for convenience.