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A Segment Wise Analysis of BTL Promotions at Reliance Trends, Palakkad
A Segment Wise Analysis of BTL Promotions at Reliance Trends, Palakkad
OF BTL PROMOTIONS AT
RELIANCE TRENDS,
PALAKKAD
COMPANY PROFILE
Founded in the year 2007.
It is the subsidiary of Reliance Retail.
A retail chain with over 777 retail stores across India.
A diversified portfolio of own brands, national and international brands.
ANALYSIS
Various types of BTL promotions that have been identified are
Price discounts
Coupons
Gifts
Contests
Cashback vouchers
Loyal Reward points
Point of sale display
Buy one get one
Danglers
Shop display and aesthetics
Community Shopping
Impact of BTL promotions
Sales data of July and August were compared to know the impact.
Frequencies were done to know the preferences of customers.
Frequencies were done to know the interest of customers.
MARKETING OBJECTIVES
To increase the footfall to the store.
To achieve the monthly targets of the store.
To increase the Onam sales and achieve the target of 81 Lakhs.
To achieve daily IPCM, ACM, Conversion targets.
FINDINGS
Identified there 11 types of below the line promotional a techniques.
There is a significant impact of the BTL promotion at the store.
Sales data of July and August
July
The footfall was only 1994 and the target was 2810.
The sales was only Rs. 2401022 and the target was Rs. 2810000.
August
The footfall was 5876 and the target was 2984.
The sales was only Rs. 9723378 and the target was Rs. 4474089.
The new onam offer increased the sales and footfall of August.
Growth over last year of month August is 46%.
10 days onam sales:
Year 2020 Year 2019
Rs. 5562765 Rs. 4623039
RECOMMENDATIONS
Media promotions to be increased for a wider area.
Flash sales
weekly promotions
Extended coupon dates.
More contests.
Buy one get one offers to be extended to more products.
OTHER LEARNINGS FROM THE
COMPANY
Learned about different departments in the store.
The functions of different department.
Learned about Billing, Customer Service and Online services.