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Reliance Fresh1

Date post: 06-Apr-2018
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    B Y: NU T AN G

    V AR SH A G

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    Reliance Retaily Type : Supermarket

    y Industry : Retail

    y Founded : 0 October 2006

    y Headquarters : Mumbai, India

    y Key people : Mukesh Ambani

    yWebsite : www.ril.com

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    About Reliance Freshy Stores,range from 2,000 to 5,000 sq feet,provide

    customerswithavarietyof fresh fruits,vegetables,staple foodsandotherproductsinaworld-class

    ambience. RRL hasgrownrapidlyandoperatesover

    900 stores

    80 cities

    In 14 States

    750 Reliance Fresh stores.

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    Reliance freshin Belgaum

    y The firstsiteof Reliance freshin BelgaumonMarch18, 2008

    Location :

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    Layout

    Thepure foods conveniencestoremodelof Reliance Fresh requires farlessspacethanafull-fledgedsupermarket

    Mostoftheseoutletsneedaroundonly2,000-

    5,000 sq. ft

    Simple, colorfulbut cramped

    Separateentryandexitpoint

    Chocolatesandotherkidsitemswerenearbycash counter

    VegetablesandFruitsitemswereindisplaynearentrygate

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    Marketing mixofReliance Fresh

    y Product

    Strictlyvegetarian

    ProductMix consistsofFresh Fruits,Vegetables, Dairy

    products,FrozenItems, Groceries, cosmeticsand DailyUseproducts

    Less Assortmentbut focusonspecific product categorieslikevegetables,dairyproducts,detergents, fruitsanddailyuseitems

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    y Price LowprizedPrivatelabels

    Discountonbulkbuying

    MeasurestakentoreducethelengthofSupplyChaintherebypurchasedirectlyfrom farmers,whichisinturnsenttodistribution centre.

    Twotimessupplyofvegetableand fruitsdailytoensure fresh

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    y Place

    Generallylocatedinsmall commercial complexes closeto3-4bigresidentialareas

    Observation: found closeto Crossroads Enjoya clearviewfromtheroad

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    y Promotion

    Themainideabehindeveryeffortistomakeabulkpurchase

    SaturdayandSundayare consideredasdiscountandschemeday

    RebatesandPremiums focusingonbillvalue

    Audiovisualtoolsbeenemployeds

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    Personnel

    2 shiftstaff forsmallstoresand 3 shiftstaff forlargerones

    5 to 6 salespersonspershift

    Staffuniform: red,greenandblue 1 weektraininggiventostaff

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    Channel choice

    Farmers Farmers Farmers

    Reliance Reliance Reliance

    Collection

    Farmersowntransportation Farmersown

    transportation

    Processing

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    STRATEGY-PRICING

    y

    UseEverydayLowPricing

    BenchmarkorSignpostItems

    itemsusedbyconsumersasanindex ofoverallpricelevelofthe

    store I.e. HowmuchdotheysellTshirts for?

    AllowforShrinkageanddiscounting

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    Promotion

    Themainideabehindeveryeffortistomakeabulkpurchase

    SaturdayandSundayare consideredasdiscountandschemeday

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    Merchandising

    Merchandisingisthemethods,practicesandoperationsusedtopromoteandsustain certain categoriesof

    commercialactivities.

    Itmeansmaximizingmerchandisesalesusingproductdesign,selection,packaging, pricing anddisplaythatstimulates consumerstospendmore.

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    Relationshipmarketinginreliance fresh

    y ruralorurban,oldoryoung,whiteorblack,malls orkirana shops,soon,people fromevery nookandcornerneedseverythingwhich isavailable @ retail

    store. Butwhatmatters is crm.

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    y Reliance freshstronglybelievesinretainingand creatingnewcustomers.

    y Relianceitselfisaverystrongbrandandhasalwaysproveditselfinvariousoccasionsandinvarious

    industries.y RelianceFreshitprovidesallitsitemsatnotonly

    competitivepricesbutalsogivesvarietyofoffersanddiscounttoits customers.

    y

    Thewarmand friendlystaffsmakesureyouaresatisfiedwhileshoppingatreliance freshoutletsandalwayslookforward fora continuesshoppingexperiencereliancefresh

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    Cont..

    y Inorderto createloyaltyamong customersreliancefreshteamworkshardtoprovidetheir Bestinproductsandservicestotheir fullest

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    CRMPolicy

    y Customerloyalty

    y Customer retention

    y Customer communication

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    Customerloyalty

    Oneachpurchaseofrs. 100 the customergetsoneredeemablepointontheproductionof cardatbillingcounter.The collectedpoints canberedeemedin formofdiscountson futurepurchasesondemandofthecustomer

    Thereexistsablanket customerrelationshipprogramme calledtherelianceonemembershipprogramme forthepurposeofmaintaining customerloyalty.Themembershipprogramme isaverysimpleonewhereawilling customerisrequiredto filla formgivingpersonalinformationandhegetsatemporarycardwhichwillbemadepermanentaftersixmonths.

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    Customerretention

    y Maintainingagoodstoreambianceisalsoapartofcustomerretentionpolicyofreliance retail.Clean &

    hygienic environmentwithproperlywellspacedproductsalongwiththeuniform colorthemeattractstheexisting customers tothestoreagain & again

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    y A fastbillingsystemandgoodandeasygrievancehandlingsystemwhich canbeaccessedthrucustomerservicedeskand companywebsite,ensures

    that customers feelsatisfiedwiththestoremanagement.

    y Lessharassmentto customersmeansbettercustomerretention

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    Customer communication

    y Communicationtoexisting customerstakesthe formofsms ande-mails,generallysenttorelianceonemembers.Theygetinformationaboutongoingoffers

    andalsoinformationandlatestnewsabouttheirneareststoresandthe companyingeneral.

    y Giftvouchersanddiscount couponsareanattractionforthe customersandgivethemthe feelthatthestore caresaboutthemandtheirmoney

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