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O V V
OO Company Profile
O aission Statement
i a
O Segmentation, Targeting and Positioning
mour P͛s of aarketing
Product
Price
Place
Promotion
aarketing Strategies adopted by Westside
SWOT analysis of Westside
Style, affordable prices, quality: these are the factors that have shaped
Westside͛s success story in the retail fashion stores business
Westside was established in O as part of the Tata Group Trent Ltd
operates Westside and it is one of India's largest and fastest growing chains of
retail stores
This story began circa O when The Tatas acquired p ʹ a London
based retail chain This acquisition was followed by the establishment of Trent
Ltd (a Tata enterprise that presently operates Westside) Littlewoods was
subsequently renamed Westside
In a rapidly evolving retail scenario, Westside has carved a niche for its brand
of merchandise creating a loyal following Currently, the company has O
Westside stores measuring O,000-0,000 square feet each across cities
The Westside stores have numerous departments to meet the varied shopping
needs of customers These include aenswear, Women͛s wear, Kid͛s wear,
mootwear, Cosmetics, Perfumes and Handbags, Household Accessories,
lingerie, and Gifts
w Westside was awarded the ͞aost Admired Retailer of the Year͟ in the
Department Store category at the recently held Images Retail Awards
00
w Westside launches ͚KIDSWEST͛ in Delhi, Bangalore & Pune in 00
w Balanced Scorecard Hall of mame
w India Brand Summit ʹ Brand Leadership Retail
w ImA Visionary of the Year Award, 00 ʹ ars Simone N Tata
w aost Admired Large mormat Retail Chain of the Year - Lycra Images
mashion Awards 00
w NDTV Profit Business Leadership Awards 00 - Retail Category
͞ a
͟
Policy of Westside
͞The policy of Westside group is to satisfy the customers with a variety and
quality line of products ͟
It is the policy of Westside to satisfy its customers with the range, quality and
value of the products that it offers However, if they are dissatisfied with any
item that they might have purchased they take the necessary measures to
assist them They expect the Customers to return unused merchandise along
with its receipt within 0 days; they would exchange the returned items or give
the customers a complete refund In the event that they do not have the
receipt they would offer them an exchange or provide them a gift voucher to
the current or last known selling price
aARKETING STRATEGY
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The age group of people visiting the store is in between O -0 (Upper middle
and middle class) The attraction of the shopping is basically the female
population The movement of men͛s apparels is also due to the ladies buying
for the men
a
aiddle Class to Upper aiddle Class
:
Kids (Infants -O years),
Youth (O years to O years
women and men (O years to 0 years)
͞mashion at affordable pricing͟
Westside is increasing brand awareness among consumers, and enhancing the
image of Westside as a retailer offering fashionable p roducts at affordable
prices
Analysts attributed Westside's success to its focus on styling, affordability and
quality, and its retail model
By retailing own Westside brand it is being able to eliminate intermediaries
and therefore offer better prices Westside is unique with its own brand of
merchandise, which is trendy and individualistic It caters to the shopper who
values not just the product but the total shopping experience
m
Westside stands out from the competition for a variety of reasons One is that
a majority of the brands the it stocks and sells are its in-house Brand
͚Westside͛ unlike retailers who store multiple labels
mor women, there are casuals, formals and chic Indian wear The range has
great depth spanning from basic clothing to very trendy wear Unlike a lot of
stores, the range at Westside caters to a wide age group and takes into
account differing tastes and requirements We offer accessories as well, such
as handbags, jewellery, scarves and hair accessories
In menswear, the range goes from formal to casual and sporty And, pricewise,
it extends from the value to the premium segment
Gia, Westside͛s brand for larger-sized requirements, was the outcome of one
such need
a Casual
mormal
Sports
: Indian Wear
mormals
Casual
Sports
Plus Size
: Westside
w mU
w SRC
w Gia
w Urban angel
w Intima
w David jones
w Ascot
w Black berry
w Lee
w Spykar
w Provogue
w Gia
:
w miorelli
w ID
w Provogue
w Lee Cooper
w Westsports
w Head over Heels
w Westside
w Kalgi
w Titan
w !uni
w Esprit
w mast Track
w Pierre Cardin
a Casual: Rs- Rs (Approx)
mormal Shirts: Rs ʹ Rs O00
Blazers: Rs 00 onwards
Trousers: Rs - Rs O
Sports: Rs onwards
Nuon: T-shirts: Rs O
Jeans: Rs
Trousers: Rs
O Club west card program:
Club West is a two tier program which consist of Club West Classic and Club
West Gold
a Club West Classic: A purchase of Rs 000 on same day entitles a
complimentary membership into Club West Classic Alternately
you can enroll by paying a nominal fees of Rs O0/
mashionlogy
Westside has launched a new ad campaign titled 'fashionlogy' The
campaign is designed to provide the buyer with not just clothing, but
also guides and aid on dressing smart, styling and accessorizing The
campaign sees on-ground activities and promotions designed to interact
with the consumer about their style It includes women͛s corporate
wear, girls wear, glam denim
An assured return-and-exchange policy reinforces customer confidence
in the chain
Gourmet West:
A range of dining discounts at select multi-cuisine restaurants to its
Clubwest aembership Card holders at any of the participating
restaurants
for exclusive discounts and offers on food and beverages, courtesy of
Westside
Online newsletter:
O Get useful information and tips about the hottest styles and the
latest trends
Get to know about different Westside Products
Update on Westside offers, events and other exciting stuff, free
shopping vouchers, Westside Gift hampers, etc
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w Growing at the faster pace w
w Brand name of TATA͛s
w
w Good customer base
w Apparels are cheaper w !
w
w
"
w Huge untapped market w Competition from organized retail
players
w Rising disposable income
w Competition from local retailers
w Urbanization