3. INDIAN RETAIL INDUSTRY
RETAIL- derived from a French word
‘retaillier’ which means “to break bulk”
It includes all the activities involved in selling
goods and services to the final consumer.
A retail store is a business enterprise whose
sale volume comes primarily from retailing.
4. SIZE OF RETAIL IN INDIA
Market size of Indian retail industry is about
US $312 billion
Organized retail sector is expected to grow to
US $ 70 billion by 2010
10 % of the country's GDP and around 8 % of
the employment.
Apparel will have a 12-15% growth rate every
year.
8. APPAREL MARKET
Apparel retail is the largest segment of retail
sector.
It accounts for almost 39% of organized retail
sector
Men’s and women’s apparel market have
grown to 12% & 13% respectively over the
pervious years in value terms.
11. Landmark, Lifestyle and Max
Lifestyle International (P) Ltd. opened its first Lifestyle
store in India in 1999 and in a little over a decade has
come to be recognized amongst leading retail
companies in the country.
It is a part of the prestigious USD 3.2 billion Landmark
Group (Dubai).
Each Lifestyle store brings together five concepts
under one roof – Apparel, Footwear, Children Wear &
Toys, Household & Furniture and Health & Beauty.
13. About Max…..
Launched in UAE in May 2004, Max is today the largest
value fashion retail chain in the Middle East.
Currently have 30 store across India and plans to take it
to 60 stores by 2011-12
Catering to the mid market segment, the merchandise is
priced in the range of Rs 199-799.
A good shopping experience with fashionable products at
great value is an assurance that translates into making
customers "Look good, Feel good" with Max.
14. Promises of Max….
Manufacturer’s warranties on all products
Secure payment
Simple 15-days return policy
Prompt customer support
17. MARKETING STRATEGY
SEGMENTATION:
Segmentation involves finding out what kinds of
consumers with different needs exist IN terms of
income, gender, education, location (rural vs. urban,
East vs. West), ethnicity, and family size.
18. TARGETING:
Max targets middle and upper middle class
customers.
The large and growing young working
population is a preferred customer segment.
19. POSITIONING:
Positioning involves implementing our
targeting. For example, Max has chosen to
position itself as a “products of good quality at
affordable price” retailer.
30. Max and Competitors
Store
name
Pantaloons Westside Max Globus Shoppers
stop
Format
Type
Multibrand Exclusive
Tata(Trent group
Multibrand
Landmark group
Multibrand
(R Raheja)
Multibrand
(K Raheja)
Positioning Family store Style &
affordability
Family
shopping
destination &
value pricing
store
iconic youth
fashion brand
family store
delivering a
complete
shopping
experience
31. Store name Pantaloons Westside Max Globus Shoppers
stop
Categories Apparel
&accessories for
men, women &
children
fashionable
apparels,footwear
& accessories ,
bags, shoes,
home décor items
Foot wear,
accessories,
home furnishing
Stylized clothes,
&accessories for
men, women &
children,footwear
Foot wear,
accessories,
home furnishing
Average
footfalls
1000on weekday
& 1500 to 2000
on weekends,
holidays
25-45 per hour 450 per day &
Weekend 1200
25-45 per hour 450 per day &
Weekend 1200
Material
used
chiffon, cotton,
polyester, lycra,
gorget
chiffon, cotton,
polyester, lycra,
gorget
cotton, polyester,
lycra
chiffon, cotton,
polyester,
lycra,gorget
chiffon, cotton,
polyester, lycra,
gorget, silk
32. Store name Pantaloons Westside Max Globus Shoppers
stop
Shop In
Shop
Ajile, akkriti,
annablle,honey,R
GI,trishaa, Lee
Cooper,spykar,blu
e,indigonational,j
ohn miller,
UMM,rang
manch,
Nuno,
lee,wrangler
killer, levis,
ascot, black
berry, richmond
, Enamor, Gia,
Fiorelli
nu blue, Peter
England
Louis Philippe,
Pepe, Arrow,
BIBA, Gini
&Jony, Carbon,
Corelle, Magppie,
Nike, Reebok,
LEGO, Mattel,
little Kangaroo,
Zap, Kashish,
Austin Reed, ellize
doatein, Wills
Lifestyle,
Remanika, Park
Avenue,
Raymond, AND,
Sepia, benetton,
Playboy, Mustang,
Push &Shaw,
Numero Uno,
Levis, Mufti, Lee
Killer, Spykar,
Vibe,
34. Sales promotion
Store
name
Pantaloon Westside Max Globus Shoppers
stop
1.End of
season
Yes Yes Yes Yes Yes
2.Festive
Promotions
(Diwali,
Christmas
etc)
Yes Yes Yes Yes Yes
Loyalty
card
Programme
Yes Yes Yes Yes Yes
Special
Promotion
(event)
Yes (Exchange
offer)
Yes Yes (lucky
draw)
Yes Yes
35. Store name Pantaloon Westside Max Globus Shoppers
stop
Media used Hoardings,print,e
lectronic (SMS,
E-mail),POP
Print, electronic,
hoardings, In
store
Pamphlets,
hoardings
Print, electronic,
hoardings, In
store
Print, electronic,
hoardings, In
store
Promotion
type
Price off, free
gifts, exchange
offer
Gift vouchers,
discount,
contest,combo,
coupons
Lucky draw, free
coupons,
discounts
gift vouchers,
combo, coupons
Lucky draw, free
coupons,
discounts
42. Product
Name
(Ladies
Western
wear)
Pantaloons Westside Max Globus Shoppers
stop
Night wear ---- 650 299 ---- 849
Sports wear --- 200 to 500 299 ---- 499
Accessories Tribal Zone Tribal Zone Own brand
and Tribal Zone
Own brand Tribal Zone
Business
Suits
---- 1499 (Business
tunic)
---- ---- -----
49. Frequency of Visit of Customers
Conclusion
Footfall is average.
Suggestion
Need to promote
more to increase the
red area and
ultimately the blue.
weekly
12%
monthly
45%
Occasio
nally
43%
51. Customer’s Favourite Section
Suggestion
Kids section can
improve by keeping
kids accessories (belts,
hats, purse, soft toys),
new born baby set and
latest patterns.
Ethnic section can
provide more options in
color and in patterns.
men's
wear
36%
ladies
wear
36%
kids
wear
11%
ethnic
wear
17%
52. Purchase Driving Force
Conclusion
Price and quality
influence middle aged
and older customers
while visual appeal
plays major role in
attracting youths.
Suggestion
Quality as well as
visual merchandising
should be taken care
of.
price
35%
quality
35%
visual
appeal
30%
53. Availability Of Merchandise
Suggestion
We can see a
noticeable red area in
the chart because of
lack of varieties
mainly in ladies
western and ethnic.
Yes
63%
No
37%
54. Staff Attitude
Suggestion
Provide motivational
programs (best
employee of the
month, incentives,
internal promotion
and flexible target)
and training for
assisting customers.
very good
19%
good
64%
average
15%
bad
2%
55. More Brands Needed
Suggestion
Bringing more
brands will surely
increase the
conversion rate and
hence enhance the
overall performance
of the store.
Yes
76%
No
24%
56. Shopping Experience
Suggestion
Customer perceive
value for their money
but ethnic section
needs to lower down
its prices for
contemporary stock.
value for
money
76%
price
low- bad
quality
3%
price high-
good quality
17%
price high-
bad quality
4%
58. Recommendation
Introduce more brands
Quality should be
improved.
Can experiment with
other areas such as
cosmetics and toys.
Introduce more colors.
Introduce in-house
brand for larger sizes
than available.