more store
DESCRIPTION
TRANSCRIPT
Aditya Birla Retail Limited is the retail arm of Aditya Birla
Group a USD 28 billion Corporation. with brand name “more.”
The Company ventured into food and grocery retail sector in
2007 with the acquisition of a south based supermarket chain.
Brand "more.“ comes with 2 formats Supermarket &
Hypermarket.
Supermarket: 600 supermarkets across the country.
Hypermarket: 5 hypermarkets operate under the
brand more. MEGASTORE
Employee strength of over 11,000.
Values Integrity
CommitmentPassion
SeamlessnessSpeed
VISION "To consistently provide the Indian consumer complete and differentiated shopping experiences and be amongst India's Top retailers,
while delivering superior returns to all stakeholders".
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
1. HOW CONSUMER BEHAVIOR IS RELATED
•Value for Money - High Quality at affordable Price•Own label Food Brands more - Feasters, Kitchen's Promise, and Best of India•Home & Personal care brands more - Enriche, 110%, Pestex, Paradise and Germex
cont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
1. HOW CONSUMER BEHAVIOR IS RELATED
• More is committed to assure their consumers of the quality of their products and services on a consistent basis and earn consumer trust and recognition of More as India's premier retail organization.• Availability of all food, home and personal care products• Hygienic and pleasing environment
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
2. COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
Monetary Promotion:
•Price discounts•Free samples•Monthly budget schemes•MRP prices are mentioned then discount price is shown
Cont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
2. COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
Member retention and attracting schemes:
•Membership Card•One stop purchase •Home delivery on order placed on phone•Good shopping environment
Cont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
2. COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
Product promotion:
•Better visibility on shelves•More promotion of new products•Seasonal product given emphasis
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
3. COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
•VERTICAL GLOW SIGN•MEMBERSHIP CARD•HIGHLY VISIBLE STORE IN METROS•PROMOTION•LIVE ANNOUNCEMENT & SPOT DISCOUNT•FESTIVE SEASON SPECIAL OFFER•PROVIDING GIFTS•LEAFLETS AND BANNER•PLANS TO ADD MORE STORE
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
•Consumer Motivation•Consumer Perception•Cultural Influences•Market segmentation•Communication•Consumer Attitude•Consumers have diverse needs •Reference groups & family influences
cont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
Communication & Consumer MotivationNot much incentive for motivation exists:• Low awareness• Improper communication• Longer billing time• Quality of service rendered by sales executive
cont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
Cultural Influences:• Festive seasons should be focused
on
Market Segmentation:• Usually situated near residential
areas• Target market around 1000
householdscont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
Building up on communication:• e.g. Pamphlets, Mobile Blasting etc.Reference Groups & Family Influence:• Tendency of not buying products that has not
been traditionally used by the family.• e.g. Choosing not be buy Top Ramon’s Noodle
as Maggie has been traditionally used at home
• Tendency to co-shop influences decision.cont…
1.HOW CONSUMER BEHAVIOR IS RELATED
2.COMPANY DONE ANYTHING TO INCREASE THE CONSUMER LIKING OF THE PRODUCT
3.COMMUNICATION FROM THE SIDE OF THE COMPANY IN THIS DIRECTION
4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.4.ASPECTS OF CB THAT CAN BE FOLLOWED IN FUTURE.
Diverse needs:• Some consumers just walk in with a
list of things to buy.• Some Consumers look at the variety
available, the brand they use and compare its utility and prices.
• Consumers Look for a one-stop-shop solution with quality service.
Presented By:-Aditya Bhutani
Niraj ShahPayal Jain
Poonam SamarPriyanka Juneja
Ronak JainTanesh Kothari
Tanmay Pandya