Professional Documents
Culture Documents
Group Members
PANTALOON RETAIL INDIA LTD. HOME SOLUTIONS RETAIL INDIA LTD. FUTURE BRANDS LIMITED FUTURE MEDIA (INDIA) LIMITED FUTURE SUPPLY CHAIN SOLUTIONS LIMITED FUTURE AXIOM TELECOM LIMITED
FUTURE GROUP
FUTURE VALUE RETAIL LIMITED PANTALOON FOOD PRODUCTS (INDIA) LIMITED FUTURE KNOWLEDGE SERVICES LIMITED FUTURE CAPITAL HOLDINGS LIMITED
FUTURE GENERALI INSURANCE COMPANY LIMITED FUTURE BAZAAR INDIA LIMITED STAPLES FUTURE OFFICE PRODUCTS PVT. LIMITED
Kishore Biyani led the companys foray into organized retail with the opening up of the Pantaloons family store in 1997. This was followed in 2001 with the launch of Big Bazaar, a uniquely Indian hypermarket format that democratized shopping in India. It blends the look, touch and feel of Indian bazaars with aspects of modern retail like choice, convenience and quality. This was followed by a number of other formats including Food Bazaar, Central and Home Town.
The year, 2006 marked the evolution of Future Group, that brought together the multiple initiatives taken by group companies in the areas of Retail, Brands, Space, Capital, Logistics, Media & Brand Factory.
We shall deliver Everything, Everywhere, Everytime for, Every Indian Consumer in the most profitable manner.
LINE OF BUSINESS
services Future Brands managing all the brands owned or managed by group companies Future Space managing real estate business Future Logistics managing supply chain and distribution Future Media developing and managing retail media space.
04. Most Admired Fashion Group Of The Year - Future Group 05. Most Admired Private Label - Pantaloons, the lifestyle format 06. Critics Choice For Pioneering Effort In Retail Concept Creation Central 07. Coca-Cola Golden Spoon Awards 2009
08. Most Admired Food & Grocery Retailer Of The Year 09. Most Admired Food Court 10. Most Admired Food Professional
WEBSITES
Pantaloon Retail (www.pantaloonretail.in) FutureBazaar (www.futurebazaar.com) Future Brands (www.futurebrands.co.in) Future Group (www.futuregroup.in) Future Capital Holdings (www.fch.in)
Pantaloon retail (India ) limited, is Indias leading retailer that operates multiple retail formats in both the value & lifestyle segment of the Indian consumer market.
Headquartered in Mumbai , the company operates over 12 million square feet of retail space. It has about 1000 stores across 71 cities in India & employs over 30,000 people.
PANTALOON
CENTRAL
FOOD BAZAAR
FUTUREBAZA AR.COM
E ZONE
HOME TOWN
HOME SOLUTIONS
BRAND FACTORY
SEP 2008
36.18 Crores
SALES
1086.44 Crores
1511.21 Crores
introduced in India in 2001 by Pantaloon Retail(India ) Limited . The first store was established in Kolkata. Store was launched to meet the aspirations of middle class. Within a span of 2yrs store added food bazaar and gold bazaar in its range of offering.
PRODUCTS
Marketing strategy
ACTIVITIES Women forum Interior decorator and dress designer will be appoint in all stores Networking through internet Religion corner Adhar rural centric market Tie up with IPL TARGET Women Those customer who r very specific about their decision All loyal customer, other net user All the aesthetic people 720 million consumer across 627000 villages Sports lover MARKETINMG MIX Public relation people
INOVATION
Wednesday Bazaar
Sabse Sasta Din Maha Bachat The Great Exchange Offer
MANAGEMENT STYLE
The organization structure for Big bazaar is flat in nature. For Big bazaar, the divisions are apparel, non apparel and the new business division, which includes gold, footwear and the shop-in-shops. For Food Bazaar, a separate teem has been created which again works independently.
About 1,800 people work for Big bazaar directly. Support
and ancillary services comprise another 400 people. A new trainee is put through a basic three day training program before going on the shop floor. Evaluation is done every six months.
THE STRATEGY
Saving is key to the Indian middle class consumer. The store, which would be
created, had to offer value to the consumer. Keeping this in mind, the concept of Big bazaar was created. In India, when a customer needs something for the home, a typical thought is to seek it from the bazaar. A bazaar is a place where a complete range of products is always available to the consumer. This is true across India. As the store would offer a large mix of products at a discounted price, the name Big bazaar was finalized. The idea was to re-create a complete bazaar, with a large product offering (at times modified to suit local needs) and to offer a good depth and width in terms of range. The mind to market for the first store was just six months.
Price was the basic value proposition at Big bazaar. The Big bazaar outlets sold a
variety of products at prices, which were 5 to 60 percent lower than the market price. The line Isse sasta aur achha kahin nahin emphasized this.
20
Merchandise Assortment
Retail Strategy
Pricing Location
MERCHANDISE ASSORTMENT
Pantaloons have applied the concept of category management in its dayto-day merchandising function as against the traditional brand management merchandising practice followed by most retailers. Category managers look at sales and margins of each brand in a category. The whole idea of category management is to create products across length and breadth of a category at different price points, fabrics, design, shape, seasons, colour and size.
23
Pantaloon Retail is the first company in the organized retail sector in India to win an accredited ISO Certificate exclusively for its Supply Chain & Logistics function.
24
Fests
Loyalty Program
Gift Vouchers
25
POSITIONING STRATEGY
Initially positioned as a family store, it finally veered towards becoming a fashion store with and emphasis on youths and clear focus on FRESH FASHION. They are targeting youth and even women, since they are the ones defining most purchasing decisions.
26
CONCLUSION
Pantaloon Retail (India) Ltd is a company where it strives for lifestyle and value through its products and services. Through the study, it is observed that pantaloon can be said an organization where the Ps of marketing is taken seriously for the maximum profitability through large range of products, promotional activities for the company and a solid sales organization monitoring that the Ps are worked effectively. The store has been well maintained in accordance with the latest demands of the consumers and through all these strategies Pantaloon ensures repeated customer patronage.
27