Field study on westside

Natansh Dubey
Natansh DubeyHR Trainee at Scooters India Limited um Scooters India Limited
Field Study Prepared By-
Anuradha Thorat
Shalini
Rishi Jha
Vinay Gupta
Natansh Dubey
under the guidance of
Prof.Shailesh Pandey
Field study on westside
Basics of Marketing
Consumer Behaviour
Features
STP
4 P’s
Product
Price
Place
Promotion
“To be the most preferred and consistently profitable
lifestyle retailer.”
Started by Mrs. Simone Tata after acquiring
Littlewoods.
Today, it has reached 28 cities with more than 59
stores.
Currently headed by Noel Tata.
Designed to cater to shopping needs of various
customers.
The store sizes range between 20000-30000 sq. feet.
Annual Sales for 2012 was Rs. 612 cr.
With net profit of Rs. 56 cr.
Located in the heart of Pune.
Field study on westside
Field study on westside
This is an era for organised retailing
The scope is still huge
Open economy industry makes it easy for big retailers
to enter this industry making the competition tough
Westside does not have a very unique policy of its
own but it does benefit from the brand goodwill of its
parent company
Designed to be one-stop
shop for complete family.
Offers broad product variety.
There is huge price band.
1. Segmentation and Targeting
 Demographic
Family
 Economic
Upper middle and lower upper class
 Psychographic
Lifestyle types.
 Behavioural
Occupation
 Geographic
Nation,state,region,city
Women Ehtnic Wear
Western wear
Cosmetics
Mens Wear
Furnishing
Accessories
Kids Wear
Positioned as value for money products-good
quality,low prices,contemporary and exclusive designs
and wide variety.
Good store ambience-shelves are not overloaded
Focus on “I GOT A QUALITY PRODUCT AT A
REASONABLE PRICE “ feelings
The name itself gives an upbeat feel.
The stores are designed to convey this message.
Product
Price
Place
Promotion
Has about 7-8 product
category.
Displays majorly in-
house brand.
Has tie-ups with other
brands.
L.O.V.
Zuba
Nuon
Sassy Soda
Gia
Ascott
Westsport
Westraveller
• Men’s Wear and Accessories.(35%)
• Women’s Wear and accessories.(65%)
• Kid’s Wear.
• Crockery and Kitchen.
• Daily Necessities.
• Branded Jewellery
• Gift items.
• Footwear.
• Interior decoration.
Field study on westside
Based on Product strategy, it is unable to separate
itself from its competitors.
There seems to be a lack of Brand identity.
Westside is a victim of Red ocean marketing strategy
when it comes to diversifying its products.
It has been unable to carve out a separate niche for
itself in the retail industry.
Field study on westside
Consumer Behaviour is how individuals make
decisions to spend their available resources
(time,money,effort) on consumption related items.
Interacting with customers,we found out that,the
customers were: Consistent
Price conscious
Loyal
Demand for products are more or less constant
throughout the year for majority of products.
Pricing decisions consistent with firm’s marketing
strategy and target market.
They believe in delivering customer ended service and
charging fair price.
Offers Value for Money proposition for consumers,
especially by offering their own brands.
Helps to augment their sales margin.
Sales persons revealed that prices tend to fluctuate
during festive seasons keeping consumer behaviour
and demandin mind
The pricing strategy is set such as to attract customers
of all segments
All products and prices are
registered
Types of Pricing:
• Promotional discounts
• Seasonal Pricing
• Image Pricing.
• Product form Pricing
• Psychological Pricing
• Product bundling Pricing
• Value Pricing.
The store functions all seven days a week.
The store is located very near its competitor.
Products are distributed from Mumbai headquarter.
Stock replenishment done mainly on Fridays.
Product availability mainly depends on the demand of
the product.
Some products have consistent demand whereas
some fluctuate in demand according to season trends
and festivals.
Ground floor exclusively for women approx 70% area
for women apparel and accessories, women form the
biggest and most loyal customer base for them.
• Promote in-house brand, with some
space for some international labels.
• Tie-up with some renowned designers.
• Club west card membership to retain the
customers.
•Comparing inhouse brands with external
brands to promote inhouse brands eg
chromozome with westsport.
Field study on westside
Customer base changed over time.
Not much shelf-space is given to the International
brands.
Customer preferences are changing from in-house
labels to international brands.
Lesser media promotions.
Pantaloons
Ruchi’s Big life
Maxx
Shoppers Stop
Globus
Big Bazaar
Vishal Mega Mart
Marks and Spencers
Lifestyle
Aiming to increase their customer
base by adding the international
brands in their product basket.
Focussing more on inhouse
brands and displaying the
products such as to make it look
comparatively better in quality.
Westside should spend on media
promotion.
Hire appropriate Brand Ambassador,
depending on the type of customer they
target.
Should try to increase their theme based
shops.
Positioning needs to be done more
efficiently.
Thank You 
1 von 34

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Field study on westside

  • 1. Field Study Prepared By- Anuradha Thorat Shalini Rishi Jha Vinay Gupta Natansh Dubey under the guidance of Prof.Shailesh Pandey
  • 3. Basics of Marketing Consumer Behaviour Features STP 4 P’s Product Price Place Promotion
  • 4. “To be the most preferred and consistently profitable lifestyle retailer.”
  • 5. Started by Mrs. Simone Tata after acquiring Littlewoods. Today, it has reached 28 cities with more than 59 stores. Currently headed by Noel Tata. Designed to cater to shopping needs of various customers.
  • 6. The store sizes range between 20000-30000 sq. feet. Annual Sales for 2012 was Rs. 612 cr. With net profit of Rs. 56 cr. Located in the heart of Pune.
  • 9. This is an era for organised retailing The scope is still huge Open economy industry makes it easy for big retailers to enter this industry making the competition tough Westside does not have a very unique policy of its own but it does benefit from the brand goodwill of its parent company
  • 10. Designed to be one-stop shop for complete family. Offers broad product variety. There is huge price band.
  • 11. 1. Segmentation and Targeting  Demographic Family  Economic Upper middle and lower upper class  Psychographic Lifestyle types.  Behavioural Occupation  Geographic Nation,state,region,city
  • 12. Women Ehtnic Wear Western wear Cosmetics Mens Wear Furnishing Accessories Kids Wear
  • 13. Positioned as value for money products-good quality,low prices,contemporary and exclusive designs and wide variety. Good store ambience-shelves are not overloaded Focus on “I GOT A QUALITY PRODUCT AT A REASONABLE PRICE “ feelings
  • 14. The name itself gives an upbeat feel. The stores are designed to convey this message.
  • 16. Has about 7-8 product category. Displays majorly in- house brand. Has tie-ups with other brands.
  • 18. • Men’s Wear and Accessories.(35%) • Women’s Wear and accessories.(65%) • Kid’s Wear. • Crockery and Kitchen. • Daily Necessities. • Branded Jewellery • Gift items. • Footwear. • Interior decoration.
  • 20. Based on Product strategy, it is unable to separate itself from its competitors. There seems to be a lack of Brand identity. Westside is a victim of Red ocean marketing strategy when it comes to diversifying its products. It has been unable to carve out a separate niche for itself in the retail industry.
  • 22. Consumer Behaviour is how individuals make decisions to spend their available resources (time,money,effort) on consumption related items. Interacting with customers,we found out that,the customers were: Consistent Price conscious Loyal Demand for products are more or less constant throughout the year for majority of products.
  • 23. Pricing decisions consistent with firm’s marketing strategy and target market. They believe in delivering customer ended service and charging fair price. Offers Value for Money proposition for consumers, especially by offering their own brands. Helps to augment their sales margin.
  • 24. Sales persons revealed that prices tend to fluctuate during festive seasons keeping consumer behaviour and demandin mind The pricing strategy is set such as to attract customers of all segments All products and prices are registered
  • 25. Types of Pricing: • Promotional discounts • Seasonal Pricing • Image Pricing. • Product form Pricing • Psychological Pricing • Product bundling Pricing • Value Pricing.
  • 26. The store functions all seven days a week. The store is located very near its competitor. Products are distributed from Mumbai headquarter. Stock replenishment done mainly on Fridays.
  • 27. Product availability mainly depends on the demand of the product. Some products have consistent demand whereas some fluctuate in demand according to season trends and festivals. Ground floor exclusively for women approx 70% area for women apparel and accessories, women form the biggest and most loyal customer base for them.
  • 28. • Promote in-house brand, with some space for some international labels. • Tie-up with some renowned designers. • Club west card membership to retain the customers. •Comparing inhouse brands with external brands to promote inhouse brands eg chromozome with westsport.
  • 30. Customer base changed over time. Not much shelf-space is given to the International brands. Customer preferences are changing from in-house labels to international brands. Lesser media promotions.
  • 31. Pantaloons Ruchi’s Big life Maxx Shoppers Stop Globus Big Bazaar Vishal Mega Mart Marks and Spencers Lifestyle
  • 32. Aiming to increase their customer base by adding the international brands in their product basket. Focussing more on inhouse brands and displaying the products such as to make it look comparatively better in quality.
  • 33. Westside should spend on media promotion. Hire appropriate Brand Ambassador, depending on the type of customer they target. Should try to increase their theme based shops. Positioning needs to be done more efficiently.