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reliancedigitalpresentation-121209052443-phpapp02

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    Retail PhilosophyBy the people, for the people andof the people retailing involves selling products and

    services to consumers for their individual or family use.As the final link between consumers andmanufacturers, retailers are a vital part of thebusiness world. Retailers add value to products bymaking it easier for manufactures to sell and

    consumers to buy.

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    One of the Pillars of economy - 15 % ofgdp

    Size - us$ 450 bn with a prospectiveconsumer base of 1.2 bn

    Changing structure of retail industryto a more organised system Between

    2000 to 2010, Indian retail attractedabout $1.8 billion in foreign directinvestment, representing a very small1.5% of total investment flow into India.

    Expected growth of organised

    retailing in india from 4% in 2011 to25% in 2020 , a increase of $250bn

    No. Of retail outlets/person = 7

    Retail space/person = 2 sq ft

    Retail density = 6%

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    7th Largest marketglobally

    Focus on pop display andimpulsive buying nature

    Fdi in retail for multi-brand (51%) and singlebrand (upto 100%)

    Bright future ahead

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    Croma is an Indian retail chain for consumerelectronics and durables. Tata Group companyInfiniti Retail runs Croma stores in India. InfinitiRetail Ltd is a 100% subsidiary of TATA Sons.woolworths, one of the worlds leadingretailers, provides technical and strategicsourcing support

    Next Retail India Ltd is a subsidiary of theVideocon Industries Ltd and engages in retailingconsumer electronics in India. It was founded in2003 and currently has 600 showrooms across 25states of IndiaIn 2007 it acquired Planet M, amusic and entertainment retail chain for US$36.4

    million from Bennett, Coleman & Co. eZone, is the electronics and consumer durables

    specialty store from the Future Group, anddisplays numerous brands,it enables theconsumers to experience electronics throughthree dedicated zones Liberation , experience

    and home

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    Electronic arm of reliance retail ltd.

    Established in the year 2005 Reliance ResQ, the technical support arm of

    Reliance Digital provides an end to end solution andtechnical support

    Till march,2012 75 stores have been established inmajor cities like Mumbai, Delhi, Chennai, Bangaloreetc.

    Reliance digital is a unique store concept builtaround reliance retails core philosophy customer

    centricity and a hassle free store experience. Reliance digital is a one stop shop for all

    technology solutions in the field of consumerelectronics, home appliances, information

    technology and telecommunications.

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    over 5,000 products spread across more than 150 brandsalong with countless solution bundles recommended to

    meet the diverse customer needs.

    Has 35 40 workers on average in each store

    The objective is to demonstrate and demystify

    technology yet showcase how a product can talk toeach other

    reliance one memBership card earn anywhere, spendanywhere

    Brands available - Apple, sony, samsung, philips,

    panasonic etc.

    ResQSolution

    Box

    Green

    roomREconnect

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    Store Manager

    CMO

    Material Operation

    HR

    Visual Merchandise

    CRM

    Operation

    Sales Person

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    It is located in Empress Mall,

    Nagpur( a primary trading area).No. of footfall is relatively

    good.

    Store is in area of 1800 sq feet

    Adjacent store is Reliance

    Trends helping to improve the

    customer attention.

    The Company offers in-store advertising opportunities to

    advertisers, in respect of Reliance Mart, Reliance Super,Reliance Fresh, Reliance Digital and other format stores of

    Reliance Retail Limited and its subsidiaries.

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    Mother hen with branch store chicken

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    Most revenue generating product for them was LCD/LED

    TVs.

    A special area(50 sq feet) was allotted for the desired

    experience of home theatre.

    Product range was very wide both in terms of price(from Rs.

    50 to Rs. 1.6 lakh) and variety(from ear phone to 3D LED).

    Nearly all the brands were available along with their own

    products.

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    Their service center was located near the shop in Berdi .

    Sales person were well trained in

    selling skills along with the product

    knowledge.

    It helps the customer in

    differentiating the products on all

    dimension like cost and features.

    Promotional activities are

    done by the head office, shops

    members are not involved in

    that.

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    The product replacement is done by head office as per the

    daily data feed by the particular retail.

    The number of suppliers were 3 to 4.

    They dont claim to provide the lowest price in the market but

    they try to provide good quality on premium price along with

    services.

    According to the HR

    ( Poonam Pal),they are

    much ahead in sales

    than their next

    competitor Next inNagpur.

    Store layout:- Grid type

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    The post of managers are filled by the head office while the

    ground sales people are recruited by the particular retail team

    from the local area.

    They were in charge of training the sales person and

    performance of the particular retail shop.

    The offers and discounts

    are also handled by the

    main office of reliance

    digital.

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    Reliance Digital has embarked on a campaign named

    Mission Happiness where the entire shopping experiencefor electronic and digital products has undergone a unique

    transformation.

    The first is Technology &Entertainment Experience Zones

    inside every Reliance Digital store where customers cansee, touch and feel technology from the best brands before

    actually deciding to buy.

    Reliance resQa unique service centre,

    offers lifetime support across most of the

    major brands and covers both pre & post

    sales service.

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