crm : ibs - m
TRANSCRIPT
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By
PRERAK SHAH
VIBHOR BHATTRISHI RAJ SINGH
CHAITANYA FULIA
SAUHITYA GARABADU
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Customer Relationship Management
Is a widely implemented strategy for managing acompanys interactions with customers, clients and
sales prospects.
Major goals are as follows..
Find attract and win new clients.
Nurture and retain those the company already has.
Entice former clients back into the company. Reduce expenses on marketing and client servicesice.
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Challenges..
Complexity
Poor usability
Fragmentation
Security concerns
Business reputation
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Strategy..
People
Processes
Technology
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Implementation..
Implementation issues Adoption issues
Statistics
Increasing usage and adoption rates
Help menus
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Types/Variations..
Sales force automation
Marketing
Customer service and support
Appointment Analytics
Integrated/collaborative
Small business Social media
Non-profit and membership-based
Horizontal Vs. Vertical
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Benefits of CRM..
A CRM system may be chosen because it
is thought to provide the following
advantages :-
Quality and efficiency
Decrease in overall costs
Decision support
Enterprise agility Customer attention
Increase profitability
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the
LIVE PROJECT
at
D-Mart,Spectra Building, Ground Floor, High
Street Corner, Hiranandani Gardens,
Powai, Mumbai, Maharashtra
400076, India
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About..
Owned by Avenue Super Marts Ltd.
Stores in Maharashtra, Gujarat, Andhra
Pradesh and Karnataka.
Spread over 17 cities.
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D-Mart
MEHNAT HAMARI BACHAT AAP KI!
MISSION
To be lowest priced retailer in the area of
operation/city/region.
VISION
Its our continuous endeavor to investigate,
identify, and make available new product
categories for customers everyday use and at
the best values than anybody else
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Image Set-up
Setting up an image of a DISCOUNT STORE. Offers VALUE FOR MONEY
Provides a lot of offers
Some throughout the year Some for a specific season or period
TARGET GROUP
Value conscious people Upper/Lower middle income customers
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Category of products
Grocery
Fruits andvegetables
Beverages Frozen food
Dairy products
Personal andhome care
Foot wares
Cosmetics andbeauty care.
Medicines
Householdutensil
Fashion
accessories Apparels/
garments
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Merchandise
Good product mix and lot of variety is
available.
The D-Mart offer price and the Max. Retail
Price both are visible on the price card
During the festival season, the festival items
are kept in the main area.
A wide range of festival and decorative items are keptfor Ganpati and Navratri festival.
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Disadvantages of Merchandising
At the apparels section, the new entries werenot displayed properly.
Products that needed appropriate cooling
were not stored properly.
In the passage lot of material was stored thus
blocking the movement of lot of custumers.
Only one way movement of Shoppers ispossible.
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FEEDBACK
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Drawbacks
Many staff were unfriendly and unfamiliarwith rules.
There were huge queues for billing products,
there was no segmentation done for thecustomers on the basis of their purchases.
Also customers frequently complained the
debit/credit cards machines not operatingproperly.
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Competitor in Powai
A short and brief comparison on D-Mart and Haiko
has been done.
PRODUCTS MRP OFFERS OFFERS
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PRODUCTS MRP OFFERS OFFERS
Bourbon 25 22.5 21
Parle G 50 46 45
Cadbury 150 127.5 124
Maggi 80 80 69Knorr Soup 35 32 30
Kellog's Cornflakes 135 125 120
Tropicana Juice 90 80 80
Bournvita 155 145 Oreo Small 129 Oreo Large
Soft Drinks 65 57 58
Dove Shampoo 210 190 Nil 195 Conditioner
Lifebuoy 142 99 97
Tide 462 427 369
Curd 35 32 29
Pillsbury Atta 300 245 239
Onion 10 13 14.34
Tomato 10 18 21.75
Potato 10 14 12.63
TOTAL 1964 1753 1653.72
SAVINGS(%) 11% 16%
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Results
CRITERIA HAIKO D-MART
Pricing Better Best
Hospitality Best Better
Billing Counters Better Best
Personal Selling Best Better
Product Range Better Best
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Major Competitors Nation-Wide
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Green Card privilege
Warm Namastey at the entry Gate
Music dedication
Regular updates on offers to privilege
customers
Food court available
s
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Strengths
Low priceGood stable image as
a retail store
Spacious and located
at a prime location
Opportunities
Booming retail sector
Limited presence in the
suburbs can be a
potential untapped
market s in major cities.
Threats
Presence of major
competitors
Global retail stores
eyeing India .
Weakness
Low brand loyalty
Poor space utilization
No backing of a known
corporate or business house
No electronic equipments
Stand alone stores.
S W
TO
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