crm : ibs - m

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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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