DMART Presentation Diversify
DMART Presentation Diversify
BACKGROUND :
DMart's target customers are the middle-class groups and lower-middle-class groups.
Those who often want to buy low-cost goods that come with hefty discounts but are of
good quality.
This makes DMart attract an extensive customer base than many other retailers.
MARKETING STRATEGY :
1. Price strategy
2. Promotion strategy
3. Place strategy
4. Product strategy
PRICE STRATEGY (Most important one) :
DMart provides discounts and offers products at less than competitive prices.
This makes customers buy products in bulk which results in a huge volume of sale.
Underlying reason being,DMart pays off their credit to their vendors within a week unlike its
competitors.
This helps the company benefit in many ways including the huge discounts that they get from
the vendors.
These discounts from vendors result in overall low prices of the products for the customers too.
PLACE STRATEGY :
Product wise, it offers a wide range of products, to cover their maximum target
customers.
The company has segmented its products into 3 categories, i.e Foods, Non-foods and
General Merchandise Apparel.
It uses B2C i.e Business to Consumer strategy.
B2C helps in eliminating the middleman i.e. distributors and wholesalers from the chain.
This helps in passing their commissions as discounts to the consumers.
PROMOTION STRATEGY :
Unlike its competitors, this company doesn’t engage in aggressive marketing promotion.
It focuses on Low-Cost Advertising Mediums.
Main marketing strategy is that the company is recognized among its end-users via “word
of mouth”.
GROWTH IN INDIA :
Dmart has reported a 46.6 percent increase in its standalone revenue from operations at Rs
7,649.64 crore for the second quarter ended September 2021.
Its total number of stores as of September 30, 2021 stood at 246 all across India.
In the pre-pandemic July-September quarter of FY 2019-20, it had a revenue of Rs 5,949.01 crore.
In FY21,DMart Ready (primarily Mumbai) reported sales growth of 124% ,contributing 3.3% to
overall revenue.
Company intends to open 37 new stores this year, aiming to make up for the tepid store opening in
FY21.
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