A Presentation on
Reliance fresh Jaishri 0807
BY
BA
RELIANCE FRESH Reliance Fresh is the convenience
store format Part of Reliance Industries of India which is headed by Mukesh Ambani RIL’s dream of retail revaluation got kicked-started in AP when its Reliance Fresh supermarket opened its doors to World
Cont… Following the first , company opened
10 more stores as a first step towards creating a mega retail chain across the country The Reliance Fresh supermarket chain was Ril’s Rs. 25000 crores venture It sells fruits , vegetables, stapels ,groceries, and dairy products
Cont… Retail chain closely follows the moves
of global players like Wal-Mart store Inc and Metro AG seeking to open shop here in country It has almost more than 500 fresh across the country
Corporates - Indian Retail
Spencers Oldest Retailer in India 135 Stores in 27 Cities Plans to open 365 Stores in 365 days
Big Bazaar 53 Stores and fast expanding
Subhiksha
700 stores operational Plans to touch 1000 in this financial year
Aditya Birla Group
Acquired 160 stores of Trinetra, a well established retail chain of Southern India Took over Fabmall about 50 stores Plans to set up 15 Hyper Markets in Pune alone Additional 1000 Super/Hyper markets across the country in next 3 years
Bharti Joint Venture with Walmart Plans to begin operations next year
Metro AG
German Retail Giant
PRODUCT PRODUCT STRATEGY STRATEGY Product range Vegetables and fruits. House hold Items. Food and Beverages. Groceries. Dairy Products. Refrigerated products. Non food items. Ready to eat items.
PRODUCT STRATEGY Product Labeling. Product Packaging. Arrangement. New products. Product Quality. Launched new products of its own. Home Delivery.
PRICING STRATEGY Discount pricing
strategy. Wide price range of each items. Credit card acceptance. Accept coupons. Competitive prices.
PRICING STRATEGY Price marked in
paisas.
comparable cost.
Distribution Srategy
vInefficient food chain supp
Intermediatory profit margin Wastages in transit Sourcing out requirement Eg. Banjara hill outlet (A.P)
Cont.. Up to mark inventory Target urban citiess
Promotional Strategy
Advertising Sales Promotion Festive season special offers Live announcement & spot discounts Reliance Fresh membership cards Promotes new product. Orgnising events Providing gifts-Free goods. All these are common strategies.
What Reliance Fresh is doing? To increase sales volume-
Concentrate on Visual MerchandisingNew concept of promotional strategy.
One to One Marketing Direct & Long term relationship with
farmers &manufacturers.
Providing concessional long term loan to
Farmers.
FUTURE PLANS Plans to add more store across different geographic by 2011. ü Reliance is aiming to touch almost every Indian consumer. ü Reliance plans to label sale to kirana ü
store.
Beauty & wellness wellness Consumer durable digital
Reliance Reliance
FUTURE PLANS ü Bring new format of food and café. --
Reliance food ü Reliance ready to launch pharmacy retail store ü Invest 20k cr expected sales of 2 lkh cr ü reliance center will house everything
Great opportunity v/s The Big problem
Roadside vegetable vendors demonstrated in front of a Reliance Fresh Store in Ranchi, Jharkhand on 8 May 07
THANK