bpcl retail
TRANSCRIPT
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BPCL:PETROL PUMP
REVOLUTION
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Introduction
• BPCL -a leading player in the Indian petroleumindustry.
• In April 2002 Indian players realized they need to
become more customer focused.• Shell launched the first convenience store (C-store)
stocking over 1000 different items.
• It offers eatables, soft drinks, stationery,
newspaper, magazines , frozen foods, audio cassetesand cds
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Background
In 1951 the government entered into an agreement with the UK based Burmah oil company
In 1952 this agreement led to the incorporation of
Burmah shell oil refineries limited In 1976 the government acquired 100% share in the
company
In 1977 the company name was changed to Bharat
Petroleum corporation limited.
In 1993 BPCL tied up with partner shell to formBharat shell Ltd.
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Background
In April 1994 the government decided to divest its26% share of its stake.
The government Identified as one of the nine
Navratnas BPCL refinery consistently operated at over 120% of
its 6.9 million metric tones per annum installedcapacity
BPCL also acquired 19% stake in Numaligarhrefineries limted
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Retail Initiative :Phase I
Petroleum business broadly divided into three parts :the production of crude, the refining of crude oil intosealable products and retailing
In 1992 BPCL began its customer serviceimprovement efforts with a market survey
Market survey identified the need of the customer
BPCL tied up with Apollo tyres
BPCL also tied up soft drink giant Pepsi co. toprovide customer service at retail outlets
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Retail Initiative :Phase I
BPCL was the first oil company in India to issue a co- branded credit card in a tie up with Bob card limited
The vehicle owner could even authorize their drivers
to purchase fuel using this card. BPCL took special attention to avoid the problems an
average petrol pump owner associated with theusage of such “Petrocards”.
BPCL give cardholder Pre-embossed slip so thatpump attendant do not have to run the card throughthe embossing machines.
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Change in organization structure
The company was split into six strategic businessunits
Increase in interaction between senior manager and
customer Six SBU were retail outlets, commercial user,
lubricants, LPG, aviation and refinery.
Classification helped the managers focus on specific
customer and speeding up decision making process
BPCL also set up cross business council thatfunctioned across six.
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Change in organization structure
The restructuring gave special emphasis tomarketing.
BPCL initiated a series of steps for taking the
company closer interaction with customer 22 divisional offices were replaced by 61 branches in
smaller territories.
This helps in closer interaction with the customer
BPCL started modernizing individual petrol pumpthroughout the country.
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BAZAAR
BY July 1999 , 35 of BPCL retail outlet across thecountry had the Bazaar stores running successfully.
BPCL came up with another revolutionary idea by
launching Mc Donald fast food outlet at petrol pumpnear Mathura on Delhi Agra highway
Mc Donald paid a fixed rent, besides the percentageof its sales to BPCL
The outlet was expected to pull in foreign anddomestic tourist headed to and from Agra
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Retail Initiative Phase -II
The company also used feedback system to renovatein the area
BPCL modified certain thing on the basis of
feedback. It decided to keep the stores open till at least 11 pm
Lot of product being stocked like chocolates andessential item like milk
It also opened In and out stores around 40 outlets
It firstly focused in north India.
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Enhanced Service
BPCL tied up with different companies for a no of different industries
Fast food , photography, music, financial service
ATM, courier service ,greeting card The companies involved were Mc Donald ,Tata
internet, Pepsi,HMV, Sony, ITC,UTI bank standardchartered bank and Kotak securities
These companies were given counter within thestores for selling their services
The stores were open till mid night.
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BPCL: a distribution center
It was not always easy getting them to their houses todeliver product
BPCL proposed a solution by US base company Peapod
It used local petrol pump as a delivery point
The products were delivered to a BPCL outlet
The petrol pump acted as a convenient channel
between the companies and the customers BPCL innovative plans concerned with distibution of
LPG
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Conclusion
BPCL revolutionize the retailing sector in India
BPCL used innovative techniques for greatercustomer satisfaction.
It gave more emphasis on customer services to makea revolutionary change in petroleum retail sector.
It work on the tag line "each pump has a story to tell-a story of care and commitment”.
It was well supported by marketing and retailingstrategy.
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THANK YOU.