Retail Strategy of Reliance Retail: Presented By: Parul Mathur Harishankar Rashmi Ranjan Malla

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 25

RETAIL STRATEGY OF

RELIANCE RETAIL

PRESENTED BY: PARUL MATHUR


HARISHANKAR
RASHMI RANJAN MALLA
Topics Under Study
 Introduction

 Different Formats

 Reliance Fresh Concept

 Reliance Mart Concept

 Retail Strategy Of Reliance Fresh


INTRODUCTION

Owner : Mukesh Ambani


Started in: November 2006
Products: Grocery items, General Merchandise
Reliance is gearing to be a major player in the Indian
Retail Revolution.

They are aggressively working on a pan-India network


of retail outlets in various formats.

State-of-the-art technology, a seamless supply chain


infrastructure and unmatched customer experience, is
what the initiative is all about.
Reliance Retail, the retail arm of Mukesh Ambani owned
Reliance group, which began rolling out its “farm to fork” retail
strategy in November, 2006, from Hyderabad.

The 100% subsidiary of Reliance Industries, entered the retail


foray involving a minimum investment of Rs 25,000 crore.

They plan to achieve a target of Rs 10-billion revenue by 2010


employing 5,00,000 people.

Reliance retail, has renamed “Ranger Farm” to Reliance Fresh


Ltd, having hived the name of their most popular format.
Reliance Retail Products
 Food & Grocery
 Apparel & Footwear
 Consumer Durables &
Electronics
Furniture & Furnishings
 FMCG & Personal Care
Lifestyle Products and
Services
Healthcare, Financial,
Membership, Travel,
Auto and Entertainment
Services
DIFFERENT FORMATS OF
RELIANCE RETAIL

1: Reliance Fresh

2:Reliance Mart

4:Reliance Trendz

5:Reliance Digital

6:Reliance Footprint

7:Reliance Wellness
8:Reliance Jewels

9:Reliance Super

10:Reliance Timeout
Reliance Fresh Concept
2000 - 4000 sq. ft pilot stores selling primarily fresh
food and grocery items.

 Targeted at all income groups

Full range, consistent availability of high quality


Fruits & Vegetables

 State-of-the-art retail infrastructure and supply chain.


Modern, hygienic yet non intimidating store.
environment.
Reliance Fresh Store
Reliance Mart
 The hypermarket arm of Reliance Retail

 Inked acquisition deals for over 50 million sq


ft via franchise & direct routes.

 Target of a 100 million sq ft by 2011 to


develop its hypermarket business.

 Reliance Mart’s first hypermarket opened in


Ahmadabad on Wednesday 15th of August.
Reliance mart
Would cover areas ranging between 1,65,000
to 2,00,000 sq ft.

40 % floor space will be earmarked for


garment brands

The rest to stock home goods, white goods,


footwear and food products.
Automotive accessories, fine jewellery and
fashion jewellery in a retail format for the first
time.
Retail Strategy of Reliance Fresh

Merchandise Mix

Store Environment

Service Strategy

Advertising

Sales Promotion
Merchandise Mix
 FMCG: Reliance Atta, Reliance Premium white sugar, Reliance Flour
Reliance dry fruits, Reliance whole grain, Reliance iodized salt,.
Reliance pulses etc.

 It also deals with green vegetables, fruits, staple foods .

 In food business they have segregated vegetarians & non-vegetarians

by introducing a separate brand named “DELIGHT” for the non vegetarians

 They have also introduced own brands like “DAIRY PURE” for milk & ghee

And “RELIANCE SELECT” for staple food.


Store Environment
Layout
 Grid

Theme
 Natural environment

Atmospherics
 Color
 Light
 Fragrance
 Music

Centralization
 Self purchasing
 Central Cash Counter
Service Strategy
It employs self service strategy. Customer
has to look for the product himself there
will be less assistance from the store
personnel.
Advertising

They advertise through national and local newspapers about


their products and offers
They also provide carry bags to the customers having brand
name and logo of the company.

They distribute catalogue through newspapers and to customers


entering the store.

They also use Billboards outside the store.


Sales promotion

A variety of short term incentives to encourage purchase of


a product or service.

The sales promotion of Reliance fresh includes gifts, sampling,


Rebates, and offers like BOGO & BXGY.

Tying up with social events like Mosquito awareness program


launched by ALLOUT it made people aware about the diseases like
Dengue & Malaria.

Pollution free campaign on EARTH DAY.


Reliance publishes magazines known as “Money Life”
Which provides information about the investments and
Market trends.

It uses In store promotions to good effect. POP displays


are being used to communicate with the customer.

Leaflets are also being distributed to every customer entering


the store to promote the existing as well as the forthcoming
products.
Logistics

SCM
Reliance fresh has a very good supply chain integration.

As it buys directly from producers in bulk amount it reduces


Operation cost .

By controlling both ends of the chain it can buy cheap and sell
dear, hence creating a monopolistic situation.
Reliance Retail Future
 Aims to launch 700 Reliance Town Centre
(RTC) in the country to cater to population
below 3 lakh.

 These centres will house everything that a


town needs. first Centre by December.

 More centres next year across the country


and the company aims to introduce first RTC
in north India.
Conclusion
 Given their strong business acumen and
huge resources it has become a strong
force to reckon with in retail sector.
THANKS FOR BEING
GOOD LISTENERS

You might also like