SlideShare une entreprise Scribd logo
1  sur  3
Télécharger pour lire hors ligne
Case study on Shopper’s Stop
   Creating Customer Value, Satisfaction and Loyalty




                       Report by

                         Girish

                     S.Sivasankaran

                  Srinath Manivannan

                     M.Sivanandam

                     S.Karthikeyan

                   Arindam Chatterjee

                Santosh Kumar Kesarwani
Summary


        The CRM initiative of Shoppers Stop entirely revolves around the concept that cost of
acquiring new customer is higher than that of retaining existing one.

Shopper’s Stop very brilliantly imbibed this philosophy into its corporate strategy and the total
success of this initiative can be attributed to religious implementation at every step and a whole
hearted effort to deliver “feel great” experience at every point of customer interface.Shopper’s
Stop (SS) has converted the concept of retail into an experience, an indulgence.



Business Analytics


      SS Initiated a Project Dhrishti (Data Warehouse) to maintain a standardized timely
       and accurate customer database.
      With the help for SAS BI server and Enterprise miner they analyzed the variety of
       consumption by different customers using which they were able to bring innovative
       customer loyalty programs.
      Analysis helped them understand share of wallet ,study target market demographics
       to assist their buying and merchandising decisions
      It also improved their performance in areas of inventory and vendor management,
       loss prevention and financial analysis

Technology


      SS is one of those first few retail chains which introduced scanners and bar codes
       and also encouraged the use of fully computerized operations.
      Also has ERP which helps in quick decision making process- open new stores faster,
       get necessary information online.



First Citizen Program


      First Citizen is one of the very significant loyalty programs of Shoppers’ Stop. This
       was designed with an objective of making the customers feel special. Special priority
       was given to the members like separate billing desk, customer service desk etc.,
      Also the members became a part of first citizen club by paying an application fee of
       Rs.150. This was also apparently a revenue generating method adopted by Shoper’s
       stop.
      First Citizen Program has 1.5 million active members across India. 73% of total
       revenue was obtained by the first citizen holders.
Co- branding and Loyalty initiatives


       Shopper’s stop made a tie-up with Citibank and introduced First citizen Citibank card.
        It was the first retail shop to rope in any financial services for co-branding initiatives
       It also brought in Citibank stall, making the availability of loans from Citibank easy for
        its customers, which proves SS’s aim on creating customer delight than just
        satisfaction.
        50% of Shopper’s stop sales are drawn from well managed customer retention
        programs
       SKIDS was another innovative offer introduced to cover the kids of the first citizen
        card holders.
       Shopper’s stop also enrolled in ICGDS in par with the existing 29 celebrated retail
        shops worldwide, this is also a milestone in creating an accreditation among the
        customers and may also help in expanding the customer base.

Conclusion


        With several initiatives Shopper’s stop has emerged a successful retail shop among the
tough retail completion. Form this case it is for sure that shopper’s stop has gained the “First mover
advantage”. However analysis on competitor’s strategies is essentials as it will through lights on the
areas where shopper’s stop can improve, so that it can capture and sustain No.1 position in market,
profitably.

Contenu connexe

Tendances

Shoppers Stop
Shoppers StopShoppers Stop
Shoppers Stop
situ7682
 
Retail operation in Reliance Trends and its impact on customer satisfaction
Retail operation in Reliance Trends and its impact on customer satisfactionRetail operation in Reliance Trends and its impact on customer satisfaction
Retail operation in Reliance Trends and its impact on customer satisfaction
Subhajit Sar
 
customer perception towards pantaloon
customer perception towards pantaloon customer perception towards pantaloon
customer perception towards pantaloon
shahwazkhan1312
 

Tendances (20)

Shoppers Stop
Shoppers StopShoppers Stop
Shoppers Stop
 
A project report on retail industry in india
A project report on retail industry in indiaA project report on retail industry in india
A project report on retail industry in india
 
pantaloons
pantaloonspantaloons
pantaloons
 
CUSTOMER BUYING BEHAVIOUR AT PANTALOONS
CUSTOMER BUYING BEHAVIOUR AT PANTALOONSCUSTOMER BUYING BEHAVIOUR AT PANTALOONS
CUSTOMER BUYING BEHAVIOUR AT PANTALOONS
 
Super shampoo products and the indian mass market case study
Super shampoo products and the indian mass market case studySuper shampoo products and the indian mass market case study
Super shampoo products and the indian mass market case study
 
Westside .retail
Westside .retailWestside .retail
Westside .retail
 
Retail operation in Reliance Trends and its impact on customer satisfaction
Retail operation in Reliance Trends and its impact on customer satisfactionRetail operation in Reliance Trends and its impact on customer satisfaction
Retail operation in Reliance Trends and its impact on customer satisfaction
 
Shopper Stop marketing ananlysis
Shopper Stop marketing ananlysisShopper Stop marketing ananlysis
Shopper Stop marketing ananlysis
 
Shopper stop
Shopper stopShopper stop
Shopper stop
 
Pantaloons final 2016
Pantaloons final 2016Pantaloons final 2016
Pantaloons final 2016
 
Shoppers Stop
Shoppers StopShoppers Stop
Shoppers Stop
 
Pantaloons marketing mix
Pantaloons marketing mixPantaloons marketing mix
Pantaloons marketing mix
 
Comparative Analysis of Westside vs. Pantaloons
Comparative Analysis of  Westside vs. PantaloonsComparative Analysis of  Westside vs. Pantaloons
Comparative Analysis of Westside vs. Pantaloons
 
Tata Tea: Market Survey and Positioning
Tata Tea: Market Survey and PositioningTata Tea: Market Survey and Positioning
Tata Tea: Market Survey and Positioning
 
Visual Merchandising Case Study of Reliance Trends | Ankita | DSIFD Indore
Visual Merchandising Case Study of Reliance Trends | Ankita | DSIFD IndoreVisual Merchandising Case Study of Reliance Trends | Ankita | DSIFD Indore
Visual Merchandising Case Study of Reliance Trends | Ankita | DSIFD Indore
 
Marketing Strategies of Pantaloons Pvt. Ltd.
Marketing Strategies of Pantaloons Pvt. Ltd. Marketing Strategies of Pantaloons Pvt. Ltd.
Marketing Strategies of Pantaloons Pvt. Ltd.
 
Pantaloons - Retail Complete Study
Pantaloons - Retail Complete StudyPantaloons - Retail Complete Study
Pantaloons - Retail Complete Study
 
A study on customer satisfaction provided at pantaloons
A study on customer satisfaction provided at pantaloonsA study on customer satisfaction provided at pantaloons
A study on customer satisfaction provided at pantaloons
 
Dmart Final
Dmart FinalDmart Final
Dmart Final
 
customer perception towards pantaloon
customer perception towards pantaloon customer perception towards pantaloon
customer perception towards pantaloon
 

Similaire à Shopper stop case study

Crm Presentation On Standard Charted Bank
Crm Presentation On Standard Charted BankCrm Presentation On Standard Charted Bank
Crm Presentation On Standard Charted Bank
Pooja Mishra
 
14649491 icici-bank
14649491 icici-bank14649491 icici-bank
14649491 icici-bank
rowshanpatel
 
Customer Loyalty In Retail Sector
Customer Loyalty In Retail SectorCustomer Loyalty In Retail Sector
Customer Loyalty In Retail Sector
Tracy Clark
 
Progressive Grocer February 2015 - Grocery Loyalty Article
Progressive Grocer February 2015 - Grocery Loyalty ArticleProgressive Grocer February 2015 - Grocery Loyalty Article
Progressive Grocer February 2015 - Grocery Loyalty Article
Graeme McVie
 
retail article (Repaired)
retail article (Repaired)retail article (Repaired)
retail article (Repaired)
Nagi Reddy B
 
CHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptx
CHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptxCHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptx
CHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptx
ivanjoedl
 

Similaire à Shopper stop case study (20)

Crm Presentation On Standard Charted Bank
Crm Presentation On Standard Charted BankCrm Presentation On Standard Charted Bank
Crm Presentation On Standard Charted Bank
 
Crm reliance mart and big bazaar - hemanth
Crm   reliance mart and big bazaar - hemanthCrm   reliance mart and big bazaar - hemanth
Crm reliance mart and big bazaar - hemanth
 
Webinar - making customer retention your strategy for hyper-growth
Webinar - making customer retention your strategy for hyper-growthWebinar - making customer retention your strategy for hyper-growth
Webinar - making customer retention your strategy for hyper-growth
 
Becoming a Customer-Driven Organization
Becoming a Customer-Driven OrganizationBecoming a Customer-Driven Organization
Becoming a Customer-Driven Organization
 
Karthik Vengatesan Sainsbury - Retail Operations & CRM
Karthik Vengatesan   Sainsbury - Retail Operations & CRMKarthik Vengatesan   Sainsbury - Retail Operations & CRM
Karthik Vengatesan Sainsbury - Retail Operations & CRM
 
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
Preparing for the Future of Grocery Shopping: What Retailers Need to Do, Now!
 
14649491 icici-bank
14649491 icici-bank14649491 icici-bank
14649491 icici-bank
 
CRM
CRMCRM
CRM
 
Mitigo Consulting Customer Advocacy Managed Services Presentation V1
Mitigo Consulting Customer Advocacy Managed Services Presentation V1Mitigo Consulting Customer Advocacy Managed Services Presentation V1
Mitigo Consulting Customer Advocacy Managed Services Presentation V1
 
The Ultimate Guide to Customer Loyalty in 2017
The Ultimate Guide to Customer Loyalty in 2017The Ultimate Guide to Customer Loyalty in 2017
The Ultimate Guide to Customer Loyalty in 2017
 
Customer Loyalty In Retail Sector
Customer Loyalty In Retail SectorCustomer Loyalty In Retail Sector
Customer Loyalty In Retail Sector
 
Customer-Experience-Toolkit.pdf
Customer-Experience-Toolkit.pdfCustomer-Experience-Toolkit.pdf
Customer-Experience-Toolkit.pdf
 
ICICI CASE ON CRM
ICICI CASE ON CRMICICI CASE ON CRM
ICICI CASE ON CRM
 
0601027 analysis of customer relationship management
0601027 analysis of customer relationship management0601027 analysis of customer relationship management
0601027 analysis of customer relationship management
 
How Loyalty and Rewards Platform Can Help Businesses Achieve Faster Customer ...
How Loyalty and Rewards Platform Can Help Businesses Achieve Faster Customer ...How Loyalty and Rewards Platform Can Help Businesses Achieve Faster Customer ...
How Loyalty and Rewards Platform Can Help Businesses Achieve Faster Customer ...
 
Progressive Grocer February 2015 - Grocery Loyalty Article
Progressive Grocer February 2015 - Grocery Loyalty ArticleProgressive Grocer February 2015 - Grocery Loyalty Article
Progressive Grocer February 2015 - Grocery Loyalty Article
 
The value of loyalty schemes
The value of loyalty schemesThe value of loyalty schemes
The value of loyalty schemes
 
retail article (Repaired)
retail article (Repaired)retail article (Repaired)
retail article (Repaired)
 
CHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptx
CHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptxCHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptx
CHAPTER-2-Customer-Service-and-Customer-Reltionship-.docx.pptx
 
Learn about consumer intelligence to enhance consumer experience
Learn about consumer intelligence to enhance consumer experience Learn about consumer intelligence to enhance consumer experience
Learn about consumer intelligence to enhance consumer experience
 

Plus de skillfulyards

Profits and Gains of Business
Profits and Gains of BusinessProfits and Gains of Business
Profits and Gains of Business
skillfulyards
 
Merger and Acquitions
Merger and AcquitionsMerger and Acquitions
Merger and Acquitions
skillfulyards
 
Gt p3100-user-manual
Gt p3100-user-manualGt p3100-user-manual
Gt p3100-user-manual
skillfulyards
 
Indias Top 50 Powerful People
Indias Top 50 Powerful PeopleIndias Top 50 Powerful People
Indias Top 50 Powerful People
skillfulyards
 
Guinness Books of World Records
Guinness Books of World RecordsGuinness Books of World Records
Guinness Books of World Records
skillfulyards
 
Golden Words of Swami Vivekananda
Golden Words of Swami VivekanandaGolden Words of Swami Vivekananda
Golden Words of Swami Vivekananda
skillfulyards
 
4 Minutes Office Exercise
4 Minutes Office Exercise4 Minutes Office Exercise
4 Minutes Office Exercise
skillfulyards
 
Best Flow Chart Ever
Best Flow Chart EverBest Flow Chart Ever
Best Flow Chart Ever
skillfulyards
 
Welcome to sitanadi whitewater rafting
Welcome to sitanadi whitewater raftingWelcome to sitanadi whitewater rafting
Welcome to sitanadi whitewater rafting
skillfulyards
 
64 Interview Questions
64 Interview Questions64 Interview Questions
64 Interview Questions
skillfulyards
 
Dealing with competition 09
Dealing with competition   09Dealing with competition   09
Dealing with competition 09
skillfulyards
 
Setting product strategy 12
Setting product strategy   12Setting product strategy   12
Setting product strategy 12
skillfulyards
 

Plus de skillfulyards (20)

Profits and Gains of Business
Profits and Gains of BusinessProfits and Gains of Business
Profits and Gains of Business
 
Merger and Acquitions
Merger and AcquitionsMerger and Acquitions
Merger and Acquitions
 
Tds on-Salaries
Tds on-SalariesTds on-Salaries
Tds on-Salaries
 
One more chance
One more chanceOne more chance
One more chance
 
Gt p3100-user-manual
Gt p3100-user-manualGt p3100-user-manual
Gt p3100-user-manual
 
Indias Top 50 Powerful People
Indias Top 50 Powerful PeopleIndias Top 50 Powerful People
Indias Top 50 Powerful People
 
Guinness Books of World Records
Guinness Books of World RecordsGuinness Books of World Records
Guinness Books of World Records
 
Golden Words of Swami Vivekananda
Golden Words of Swami VivekanandaGolden Words of Swami Vivekananda
Golden Words of Swami Vivekananda
 
Satyanarayana Puja
Satyanarayana PujaSatyanarayana Puja
Satyanarayana Puja
 
4 Minutes Office Exercise
4 Minutes Office Exercise4 Minutes Office Exercise
4 Minutes Office Exercise
 
Arrive Alive
Arrive AliveArrive Alive
Arrive Alive
 
Have learned
Have learnedHave learned
Have learned
 
Get rid of Stress
Get rid of StressGet rid of Stress
Get rid of Stress
 
Bheja Fry
Bheja FryBheja Fry
Bheja Fry
 
Best Flow Chart Ever
Best Flow Chart EverBest Flow Chart Ever
Best Flow Chart Ever
 
Welcome to sitanadi whitewater rafting
Welcome to sitanadi whitewater raftingWelcome to sitanadi whitewater rafting
Welcome to sitanadi whitewater rafting
 
First Words
First WordsFirst Words
First Words
 
64 Interview Questions
64 Interview Questions64 Interview Questions
64 Interview Questions
 
Dealing with competition 09
Dealing with competition   09Dealing with competition   09
Dealing with competition 09
 
Setting product strategy 12
Setting product strategy   12Setting product strategy   12
Setting product strategy 12
 

Dernier

Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
amitlee9823
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
dlhescort
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 

Dernier (20)

Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 

Shopper stop case study

  • 1. Case study on Shopper’s Stop Creating Customer Value, Satisfaction and Loyalty Report by Girish S.Sivasankaran Srinath Manivannan M.Sivanandam S.Karthikeyan Arindam Chatterjee Santosh Kumar Kesarwani
  • 2. Summary The CRM initiative of Shoppers Stop entirely revolves around the concept that cost of acquiring new customer is higher than that of retaining existing one. Shopper’s Stop very brilliantly imbibed this philosophy into its corporate strategy and the total success of this initiative can be attributed to religious implementation at every step and a whole hearted effort to deliver “feel great” experience at every point of customer interface.Shopper’s Stop (SS) has converted the concept of retail into an experience, an indulgence. Business Analytics  SS Initiated a Project Dhrishti (Data Warehouse) to maintain a standardized timely and accurate customer database.  With the help for SAS BI server and Enterprise miner they analyzed the variety of consumption by different customers using which they were able to bring innovative customer loyalty programs.  Analysis helped them understand share of wallet ,study target market demographics to assist their buying and merchandising decisions  It also improved their performance in areas of inventory and vendor management, loss prevention and financial analysis Technology  SS is one of those first few retail chains which introduced scanners and bar codes and also encouraged the use of fully computerized operations.  Also has ERP which helps in quick decision making process- open new stores faster, get necessary information online. First Citizen Program  First Citizen is one of the very significant loyalty programs of Shoppers’ Stop. This was designed with an objective of making the customers feel special. Special priority was given to the members like separate billing desk, customer service desk etc.,  Also the members became a part of first citizen club by paying an application fee of Rs.150. This was also apparently a revenue generating method adopted by Shoper’s stop.  First Citizen Program has 1.5 million active members across India. 73% of total revenue was obtained by the first citizen holders.
  • 3. Co- branding and Loyalty initiatives  Shopper’s stop made a tie-up with Citibank and introduced First citizen Citibank card. It was the first retail shop to rope in any financial services for co-branding initiatives  It also brought in Citibank stall, making the availability of loans from Citibank easy for its customers, which proves SS’s aim on creating customer delight than just satisfaction.  50% of Shopper’s stop sales are drawn from well managed customer retention programs  SKIDS was another innovative offer introduced to cover the kids of the first citizen card holders.  Shopper’s stop also enrolled in ICGDS in par with the existing 29 celebrated retail shops worldwide, this is also a milestone in creating an accreditation among the customers and may also help in expanding the customer base. Conclusion With several initiatives Shopper’s stop has emerged a successful retail shop among the tough retail completion. Form this case it is for sure that shopper’s stop has gained the “First mover advantage”. However analysis on competitor’s strategies is essentials as it will through lights on the areas where shopper’s stop can improve, so that it can capture and sustain No.1 position in market, profitably.