Marketing Management
-1 project
Sri Sai kirana & general stores
The
shop that I surveyed for my project was located in Annupuram. It was a kirana
and general store that mostly catered to daily and weekly needs of the
customers located in that area
1.
The shop was
located in a central market kind of place, hence had good parking facility. The
shop was roughly 300 sq ft in area with a frontage of 15ft, but the frontage
was not utilized efficiently and was covered with advertising material from
different companies
2.
The shop had
groceries, personal care products such as tooth brushes, shampoos along with
stationery items etc.
3.
I spoke with the
shop owner and he said there are around 1000 houses in the township.
4.
The peak hour for
the shop is from 5 pm -8 :30 pm
5.
He also sells
milk in the morning for which he has to open the store early around 5 :30 am
6.
For whatever time
I was there in the evening, customers came mostly for soft drinks, ice cream and some groceries
7.
The shop owner
had strategically placed number of
products made by local brands near the
entry of the store to push those products since these products offered him
better margin.
8.
Interesting Observation – ( PUSH vs PULL) The store was
filled with “OREO cookies” banners, placards, stickers , so I enquired the
store owner about the sale of cookies, to which he replied by saying that even
after so much advertising by the company, customers still ask for “ DARK
FANTASY”. And he also told that the distributors(of Oreo) are pushing for this
product and not even asking for the payment after delivery (which is the norm).
They are giving the luxury to clear the amount once the goods are sold. That’s
when I could understand how ITC is pulling customers towards its product
whereas Cadbury’s is pushing the product in the market.
9.
Innovative method – Ever wondered why all the shops
including this one have ice cream Push carts right outside their shop whereas
the real purpose of the pushcart is that it is used for mobile sale , well when
I enquired the shop owner, he gave me an interesting insight
a.
There is a
huge shortage of electricity in these areas, hence we use this push cart which
is made to maintain temperature for about 6-8 hours since it is used for mobile
sales
10.
And the final
observation was that the shop owner was selling a different brand of ice cream
than the one that was printed on the push cart, basically because of better
margin.
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