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Shoppers' Stop Limited is a chain of Retail stores inIndia owned by K. Raheja Corp.
Group - The Company houses a host of many
international & domestic brands across variouscategories such as apparel, accessories, cosmetics,home & kitchenware as also its own private brands.
SS started in 1991 with its first store in Andheri,Mumbai.
With a Gross Retail Turnover of Rs. 8996 million,Shopper's Stop has become the highest benchmarkfor the Indian Retail Industry.
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SWOT ANALYSIS
STRENGTH WEAKNESS
Loyal Customer Base of 782000 First
Citizen members Increasing Footfalls and ConversionRates
Strong and Well EstablishedManagement Team
Systems and Processes
Employee Retention
Inadequate Promotional Strategies
Uneven Distribution Network
Follows Low Risk Strategy
OPPORTUNITY THREAT
Geographical Reach
Preferred Partner for Foreign Players
Hyper city An entry into Value Retail
Threat of New Entrants
Competitive Rivalry in the Industry
Economic Slowdown
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MARKETING ENVIRONMENT
SOCIO-CULTURAL ENVIRONMENT
Changed from being a chain of retail stores toemerging as a fashion & lifestyle destination forthe growing affluent middle class of India.
COMPETITIVE ENVIRONMENT
Has identified and decided to invest in nextgeneration data warehousing and businessintelligence solutions.
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TECHNOLOGICAL ENVIRONMENT
Focused on leveraging investment and upgrading
and revamping existing technology. Deploying Warehouse Automation application
along with the multi-purpose handheld devices toenhance efficiency in supply chain.
Deployed Microsoft Technologies for reliable
communication platform. Setting up a Disaster Recovery Plan for critical
application systems.
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ECONOMIC ENVIRONMENT
Growth in the economy at 9% and hike in the
salaries by 15%, consumption of goodsincreases.
Increase in the consumer spending habitincreases the number of consumers visiting the
stores. Increase in the profit margins of the stores.
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PRODUCT
Identified the need for and created a suite of
brands that reflect Styles, International Class andFashion
Private Brands have been introduced anddeveloped after a careful analysis of Customer
Requirement.
MARKETING MIX
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PROMOTIONAL
Communication Strategy-Reaching out to thecustomers in their own style and language
E.g.- The first Shoppers Stop store in Lucknow
was named Tehzeeb. Festive Promotion Campaign PARIKRAMA
Customers getting opportunity to interact withlocal artisans.
Organizes major Promotional Events from time totime e.g. Fly to Santa Land, Gear up for theschool and Salwar Kameez Dupatta Exchangeetc.
Organizes Local Festivals like Durga Puja inKolkata, Onam in South and Dhanteras in North.
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DISTRIBUTION
Shoppers Stop Ltd. exudes Class, Comfort,Convenience where ever it is located.
Shoppers Stop Ltd. not only concentrates on thelocation of the stores but also emphasizes on theambience and service excellence.
Shoppers Stop is Indian largest chain of SuperStores with an aggregate acquired area of 11lakh sq. feet.
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DISTRIBUTION NETWORK OF SS
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PRICING
Shoppers Stop follows Premium Pricing Strategythat includes selling of High Quality Products at a
High Price.
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MARKET SEGMENTATION
Division of the total market into smaller,relatively homogeneous groups.
The company is dealing with ConsumerProducts - goods or services purchased by anultimate consumer for personal use.
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GEOGRAPHIC SEGMENTATION
Dividing an overall market into homogeneousgroups on the basis of their locations.
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DEMOGRAPHIC SEGMENTATION
Dividing consumer groups according tocharacteristics such as sex, age, income,occupation, household size and education etc.
SHOPPERS STOP have segmented theirrespective markets in terms ofAge and Sex (e.g.Clothing for Men, Women and Kids)
Segmenting by Income and Expenditurepatterns.
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PSYCHOGRAPHIC SEGMENTATION
Divides a population into groups that have similarpsychological characteristics, values, and lifestyles.
SHOPPERS STOP targets high standard livingcustomers.
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TARGETING
Market Specialization
The Shoppers Stop concentrates on serving many
needs of a particular customer group and in thisway the Shopper Stop aims to gain a strongreputation in serving their customers, who belongto the middle and upper class.
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POSITIONING
Shopper Stop positions itself as a Global premiumRetailer outlet.
Shoppers Stop is positioned as a family storedelivering a complete shopping experience.
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INTEGRATED MARKETING
COMMUNICATION
IMC refers to a co-coordinated communicationsprogram that is customer-focused and internallyconsistentThe different IMC elements are
Advertising Sales promotion Direct marketing Public Relation Point of Purchase Publicity Special Events Packaging
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ADVERTISING
PRINT ADVERTISMENTS
MEDIA ADVERTISMENTS
OUTDOOR ADS
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PRINT ADVERTISMENTS
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OUTDOOR HOARDING
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SALES PROMOTION
GIFT VOUCHERS
VARIOUS FESTIVE OFFERS
CONTEST
POP MATERIAL
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GIFT VOUCHERS
Shoppers Stop offer Gift Vouchersof denominationranging from Rs 250 to Rs 5000.
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FESTIVE OFFERS
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CONTEST
Shoppers Stop has announced a 101-dayShopping Bonanza to pull in customers into thestores.
Lucky draw winners of the contest will get to seeone of the seven wonders of the world and twolucky couples who get the grand prize will betreated to a round-trip which will cover all the
seven wonders of the world.
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POINT OF PURCHASE
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PUBLICITY & PR
BRAND AMBASSADOR
SPECIAL EVENTS
PUBLIC AFFAIRS ACTIVITIES
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BRAND AMBASSADOR
Shah Rukh Khan for all mega events becausethey both dominate their respective industries.He reflects the perfect image of Shoppers Stop.
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PUBLICITY & SPECIAL EVENTS
Om Shanti Om Fashion Show
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T
he leading Premium Fashion andL
ifestyledestination Shoppers Stop and the most awaitedmovie , Om Shanti Om had come together tounveil the unique look of the movie through aFashion show. With this association Shoppers
Stop will retail the limited edition clothes andmerchandise inspired from the film at their storesacross India. The dazzling show witnessed theleading pair Shah Rukh Khan and DeepikaPadukone along with Arjun Rampal and ShreyasTalpade walking the ramp showcasing theirrespective looks from the film.
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PUBLIC RELATIONS
Shoppers Stop entered into agreement with CRYto retail eco-friendly paper bags designed byunderprivileged children. The part proceeds fromthe sale of the bags were donated to projectsupported by CRY.
The Wardrobe Exchange saw tremendousresponse with 80,000 old garments collectedfrom customers, which were donated to projects
ofConcern India Foundation.
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DIRECT MARKETINGDIRECT MARKETING
The name "First Citizen" reflects theircommitment to offering their customersthe ultimate shopping experience
As a First Citizen, customers
shopping experience becomes evenmore enjoyable with:Reward Points for every time youshop at Shoppers Stop.Exclusive benefits & privileges
Exclusive offers ever so oftenUpdates on what you can lookforward to shop for at Shoppers StopExclusive cash counters at ShoppersStop so you can spend more timeshopping than waiting in a line
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PACKAGING
The previous packets of ShoppersStop had the previous logo while thenew packets which are being widelydistributed have the companysymbol on it.
The company has alsobrought out collectibleshopping bags for
selective distribution withdifferent themes andlaunched the first in theseries based on the theme'Fashion through Ages'.
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WHAT IS DAGMAR MODEL ?
D= DEFINING
A=ADVERTISING
G=GOAL
M=MEASURED
A=ADVERTISING
R=RESULT
Unaware
Aware
Comprehension
& Image
Attitude
Action
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DAGMAR MODEL
Promotional campaign:
It must have an objective.
And objective that is measurable
Objective should contains The Idea
Well-Defined Target Audience
Creative Strategy
Media Strategy
Fixed time period
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PROMOTIONAL CAMPAIGN
Buy & Fly to the Seven Wonders of theworld.
THE IDEA: 'Buy and fly to the 7 wonders'.Spend a specified amount and you could win a
trip to the 7 wonders of the world. Besides themega prize, customers could win many otherprizes like Gili gold coins, Gift Vouchers, VIPbags, Espirit watches etc.
CAMPAIGN
OBJECTIV
ES:T
o differentiate thepromotion from all other promotions in themarket at that time. Shopper's Stop had tobecome the preferred shopping destination forthe festive season.
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TARGET AUDIENCE: Males and Females,Age-15-44yrs, High ownership of cars and consumerdurables. Evolved Indian who is open to newexperiences.CREATIVE STRATEGY: Bringing alive theinternational experience by communicating thatShopper's Stop is their Passport for seeing the
Seven Wonders of the World.MEDIA STRATEGY: Taking the strategy of'enveloping the consumer' with communicationon TV, Press, Hoardings and Radio. Also Point ofsale and Direct marketing & PR to complete the360 degree effect.EVIDENCE OF RESULTS: Record breaking salesever in the history of Shopper's Stop for anyfestive season. Revived Customer Entry, Increasein Cash memo sizes and employee morale at anall time high.
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DOWN UNDER FEST- A
PROMOTIONAL CAMPAIGN
An association with Tourism Australia hasprompted Shoppers Stop to launch DownUnder Fest a promotional campaign toincrease the purchases during the festive season.
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NEW ADOPTER/ INNOVATION
ADOPTION HIERARCHY
Awareness
Interest
Evaluation
Trial
Adoption
AWARENESS
ATTITUDE
ACTION
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THANK YOU