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Vdocuments - MX - 7ps of Retail Marketing Mix
Vdocuments - MX - 7ps of Retail Marketing Mix
of
Reliance Fresh
Company Overview
Reliance fresh is the Convenience store format.
Part of Reliance Industries of India is headed by Mukesh
Ambani.
RIL’s dream of retail revolution got kicked-started when its
Reliance fresh supermarket opened its door to the world.
Following the first, company opened 10 more stores at a first
step towards creating a mega retail chain across the country.
The Reliance fresh supermarket chain is RIL’s Rs. 25,000
crores venture.
Contd….
It sells fruits, vegetables, staples, groceries, and dairy products.
Sizes: - Excepting some big brands of fmcg products they don’t misuse their space.
Because, PRIVATE LABLE offers better profit margin to the retailer than branded
product of FMCG companies.
Customer are not satisfied with a purchase you may returns the product for a
replacement or a refund with in 30day’s.
PRICING:
PRICING:
Discount pricing strategy.
Accepts coupons.
Competitive price.
Comparable cost.
What else…
Value pricing EDLP more than 2000 product below pricing.
Product bundle pricing.
Promotional pricing. (Buy one get one free).
Special events pricing. (Diwali, Dhanteresh).
Measure taken to reduce of supply chain thereby.
Purchase directly from farmers which is in turn sent to
distribution centre.
Two times supply of vegetable and fruits daily to ensure
fresh.
Give to higher margin most of staples are under its own
Membership card to benefit the consumer if consumer
make a member purchase to goods got to point
Accept coupons.
Competitive price.
Advertising:
Advertisement in Tata yellow pages, MTNL telephone
directory and through just dial.
Billboard outside the store.
Providing carry bags including brand names & logo.
Print or broadcast ads with the help of National and Local
Newspaper.
Sales Promotion:
The main idea behind every effort is to make a bulk purchase.
Saturday and Sunday are considered as discount and scheme
day.
Two types of offer:
1. BOGO
2. BXGY
Rebates and Premiums focusing on bill value.
Auto material inside the store including the latest promotions
& offers.
Point of Purchase displays are used at reliance fresh to
communicate the benefits of a product.
Festive season special offers.
Live announcement & Spot discount.
Cont….
Reliance Fresh Membership Cards.
Social events & store tour.
Providing gifts- free goods.
• Trolleys, and baskets & Staff: They provide trolleys, baskets to their
customer and Staff are always eager to serve the customer from the
moment they enter in the store.