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The document discusses issues facing Girish Food Store, a local grocery store facing stiff competition from upgraded local stores and chains like Big Bazaar. It provides details on the store's product categories and performance indicators like Gross Margin Return on Footage (GMROF). GMROF is higher for grocery products than merchandise. The store aims to target afternoon/evening and female shoppers, as well as those making routine and large stock-up trips. Strategies discussed include promotions, improving layout/displays, and focusing on top-performing categories and customers.
The document discusses issues facing Girish Food Store, a local grocery store facing stiff competition from upgraded local stores and chains like Big Bazaar. It provides details on the store's product categories and performance indicators like Gross Margin Return on Footage (GMROF). GMROF is higher for grocery products than merchandise. The store aims to target afternoon/evening and female shoppers, as well as those making routine and large stock-up trips. Strategies discussed include promotions, improving layout/displays, and focusing on top-performing categories and customers.
The document discusses issues facing Girish Food Store, a local grocery store facing stiff competition from upgraded local stores and chains like Big Bazaar. It provides details on the store's product categories and performance indicators like Gross Margin Return on Footage (GMROF). GMROF is higher for grocery products than merchandise. The store aims to target afternoon/evening and female shoppers, as well as those making routine and large stock-up trips. Strategies discussed include promotions, improving layout/displays, and focusing on top-performing categories and customers.
Upgraded Kirana stores became a challenge Hypermarkets such as Big Bazaar and Star India opened on the same road Upgradation of Kirana Stores which improved upon the merchandise display , layout and installation of computers To make better plans to tackle multi-faceted competition To study the consumers shopping basket along with their response to the various promotional schemes offered
Issues of Girish Food Store The Categories Grocery Products Merchandize Products Beverages Tea Bread Desserts Oils Snacks Sugar Dried Vegetables Baking mixes Prepared Foods Conditioners Shampoo Hair Oil Toothpaste Cartridges Sanitary Pads Razors Shower Gel Face Cleansers Soaps THE CATEGORIES GROCERY PRODUCTS MERCHANDIZE PRODUCTS GMROF = GM% x (Sales* / Sq.Ft.) - A key Performance Indicator - An important productivity measure of a retailers use of store space Gross Margin Return On Footage (GMROF) GMROF Grocery Products GMROF = GM% x (Sales* / Sq.Ft.) Particulars Amount (Rs./ week) Total sales A 8,07,071 COGS B 6,40,911 Gross Margin A- B = C 1,66,160 Shelf Space D 791.65 sqft GMROF C/D Rs. 209.89/ sqft GMROF Grocery Products GMROF Grocery Products GMROF = GM% x (Sales* / Sq.Ft.) Particulars Amount (Rs./ week) Total sales A 9,74,468 COGS B 8,32,561 Gross Margin A- B = C 1,41,907 Shelf Space D 843.62 sqft GMROF C/D Rs. 168.21/ sqft GMROF Merchandize Products GMROF Conclusion Mechandize Grocery Grocery products ensures better space utilization GMROF Conclusion Category Share 41.30% 58.70% Weekly Sales Unit Grocery Mechandize 45.30% 54.70% Weekly Sales Amount Grocery Mechandize 48.41% 51.59% Shelf Space Basis Grocery Mechandize Category Share Strategy Target Group 17% 44% 39% Sales Fill in Routine Stock up Particulars % Share Afternoon and evening 73% Female shoppers 74% Stock up customer using shopping list 67% Strategy Target Group Strategy/ Tactics Focus on the target group Routine and stock up customers Discount cards Home delivery Maintain shopping list (stock up) Assistance with searching items
Baking mixes Beverages Candy Cereal Tea Bread Desserts Dried fruit Fruit Drink mixes Jams Juices Pasta Products Snacks Soups Sugar Products showing more than 100% increase in sales due to promotion (by volume) Promotion - Analysis First Level Categories Second level categories Third level Categories Baby Care Baby Food and formula Personal Care Deodorants Hair and Scalp Care Conditioners , Hair Creams , Hair gels, Hair oils and shampoos Mouth Care Oralcare, Toothbrush , Toothpaste and tooth powder Shaving Aftershave, Cartridge, Razors , ShavingB rushes, Shaving creams , Shaving foams and shaving gels Beauty Care Bath and spa Soap , Body wash and face wash Cosmetics Cosmetic bleaches, Face cleanser and talc Skincare Body lotions , body oils, Hand wash , sun screens, skin care , accessories , skin cream Hairstyling and color Hair color, Hair powders, hair removers and shower gels Grocery Food Meal , canned food, dried fruit , prepared food , salad dressing , dried vegetable General Grocery Sauces , baking mixes , Baking needs , jems, oils , salts, pickle, sugar Beverages Bottled water , Tea, fruit drink mixes, Juices , milk , milk modifiers, Syrup and coffee Breakfast and snacks Bread , cookies, desserts, Pasta Products, Snacks and soup Category Sales Analysis THANKYOU!!