DEP ARTMENT STORES
IDEAS
by Gul Ahmed
RETAIL FORMAT S
In the Clifton area on the main road where it is highly visible to the passers by, which creates a
high number of foot fals into the stores. Ideas is based at a high street location with the advantage of a large parking space.
This is one of the main reasons the company decided to locate the store here so that it would be convenient for customers, as parking is a major problem in the Clifton area.
Store Design
They have strategicaly planed it with a mix of elements to meet the needs of their customers.
The element of store design are as folows:
RETAIL IMAGE MIX
a) Employee Type and Density Ideas have employed staff to match its selling and image with in, women clothing floor
.
They are al graduates,wel trained,
and are fluent in English.
twoA ml othneth esm bpelfoyre tsh eayre b tergain ewdo frokring. Regular workshops
are alsorganized for them in order to equip them with suit
able knowledge.
cusstpoomTrehtinresgy i naa r abe e wgigraoerom um naeinfdod ra mcno dwu rhwtieeleol ucdsar etmesrasinengdn etor the neds of the
.
b)
This makes the store
INTRODUCTION OR
Y
Ideas by Gul Ahmed is the retail venture of GulAhmed
Textile Mills Ltd.
The company decided to diversify ailsector in 2003.
At Ideas, GulAhmed's tradition of quality style provides an elegant taste of creatively designed textile ranges in a vibrant palete of colors, fabrics, patterns,textures and embroidery styles.
The store also features its entire lawn collection.
GulAhmed has ben an exporter of textiles for ast many years and with its vast experience and reach the company is set to develop an extensive chain of stores acros country, aiming to bring its customers an unbeatable shopping
experience. Ideas is the brain child of Gul Ahmed's chairman and his wife,
Mr. and Mrs. Ziad Bashir, who identified the gap in the market that their company was only known for it
s ladies clothing line that is: lawn, cambric and linen. However, their product line included other item such as bed and bath linen and male clothing.
.
OBJECTIVES
The Ideastore has developed several objectives:
To
provide al its products under one roof.
n
To
build their brand and to promote it by creating a huge
impact in the minds of the customer
.
n
Tomeet consumer expectations in al spheres.
n
Todevelop an out standing service vision.
This would draw the customers repeatedly to the store.
n
To develop customer managed relationships.
n
To achieve operational excellence and customer intimacy
.
n
To achieve succes not only localy but globaly as wel.
Ideas by GulAhmed
5
Retailing: Success stories from Pakistan
4
f)
DISPLAYS
The displays are presented in a maner s the utility of
the products.
The displays are changed daily
The sales counter is on the first floor so while the cashier is making the payment receipt, the
customers check outhe displays on the ground floor, therefore,creating more sales.
SPACE MIX
The space mix in Ideas is 60% seling area, 15% circulation area and 25% back area. St
aple Goods The staple good at Ideas is 'bed linen' which acounts as the
. The basement level houses the children'section.
This accounts for the convenience gods of the store.
This section look spacious.through which products inside.
This attract
s customers to the store.
.
This is the main reason thathe store has anunclutered look.
The customers feel comfortable whenthey are checking the products out.
The lighting is bright which highlights the products and the displays.
Thebackground has exquisite wodwork on the panels and shelves, white walls, sparkling granite florings
the products on display rather than mixing up with the colorful merchandize.
The glas facade gives the store achic visual image.
e)
Merchandise Type and Density
.
The product
they are stacked
neatly
.
Ideas by GulAhmed
ailing: Success Stories from Pakistan
Children's acesories placed in a wel-lit area Coordinated display of Bennington ranks the analyzed. Each ace is analyzed each flor is doing import
ance to make it a hot Apart from that, space
performance is judged by s ensuing sales.
MERCHANDISING
a) Hierarchy The Ideas hierarchy is categorized under main heads:
n
Apparel
n
Bedding
n
Women Accessories
n
Bath Accessories
n
Children Accessories
n
Kitchen Accessories
n
Ceramics
n
Others
also boast
s displays of ferent
assortment
s of colors.
material that apeals to them.
space Management
The store attract shoppers by atractive posters on the glas
panels, by keeping cat
giveaalowgauyess, ndereasr stihneg suaple ms acnonuenqteuri nass ofrne tehe women's ap
arel section as wel as the ground level that also catches theye of the by-p
asser
. Right in front of the entrance, an iluminator shows slides of models wearing Gul
Ahmed Lawn, which is
By thev setry appealing.
aircase, dif
ferent product
s are laid out as to give the customer an idea of the product range that is available downst
Layouati rasn (dth Ce ikrcidusl'a stieocnti oPnl)a.n The layout of the store isuch that it alows the customer to walk around.
leveTlh ies ilna yao urat cpela tnra ocfk t hfoer mbaast ewmheenret athned cthuest ogmroeurn ids led around the store.
The women's app
arel section however has anda tfwreoe l aflrogwe fsohremlvaet,s w withhe crelo tph materialaid out on the shelves
acked suit
s are kept.
Ap
art colOecntd iooennafe rli o swsm ididt ihesth p,t ahlsatel,iy p techpudees.rr teIsot moaisfrevar es tlhr imayre ncitedoe ndclaov vyeua nonriiuteeetnt rytsth afweon hrmd et harthetee scr iaubalsale tgasoss me rxerqcuirteivde.s to browse around the store. Floor S
p
ace Management
Hot S
pot / Cold S
pot
IdeAasn amlyasniasgement does a quarterly hot, warm and cold spot analysis. S
t
arting with it
s top floor
, which is the women's
app
arel section, as the customer traf
fic is highest there and
Ideas by Gul
Ahmed
9
Ret
ailing: Success S
tories from Pakist
an
8
Merchandise Hierarchy at Ideas
the factory
.
a)
Goods Received ransfer Note God received forms when goods are disp
atched and received.
This is done both
electronicaly and manualy s track items easily
.
A
so ftihrsatt- ionu-fti rosft -doautte ( iFteIFmOs) adreel invoetr yle afnd t over in the stock.
This
weisk vlye oryr eaas spye fro nr etheed esdto frreo mas t hreeg fualcatro frryesh .
b) T
ransport
ation
T
ransport
ation is cost ef
ficient and delivery time is reduced
as the factory is located in the same city
. Material handling equipment is wel stocked in the store and items are kept in a ready-to-sel st
ate.
They are kepto the minimum.
RET
AIL
MARKETING STRA
TEGIES
a) Branding Ideas brand “it is ideas that make a home;” as a high quality product
s supplying store.
They have a team that is managing the 'branding' aspect of the store. Quality of three dep
artments is controled through effective
monitoring. Since Ideas is already a Gul Ahmed Milsbrand, it has the advantage of an established repute and
the store sustains thathrough quality product
s, good Idecauss htoams ebre sceormviec ea ahnodu sae ghoooldd neanmviero.nment of the store. b)
Ahmed,
the quality wil stand the test of time and that they are
Ideas bdeeisncgr isbeersv eit'ds bpyo sreitiloianbinleg p setroaptleeg.y as folows: "To offer exclusive, high quality, modern designs as wel as impecable service with courteous, informed and wel- groomed sales consultant distsin.
s
b) Buying
Function Ideas do not have As they area p
art of Gul
wefokr'msA tahimlm peela dtnh, .rt ohItueegym hds oE t lhneaocttt a Interchange.
This
means information abouthe s is directed to the head of
This way the hasle of buying is reduced.
c) Markdown Items are markedown during open house sales and end of season sales.
d) Shrinkage Shrinkage in inventory is comon. It is mainly from shop lifting and errors in records.
Therefore, the management at Ideas keep a 5-8% shortage allowance so large variations do not occur
.
SUPPLY
CHAIN PROCESS
Vendor Management The right vendors are chosen for the products that they out source.
These are the furniture, toys and ceramics that are bought every quarter
.
A contract is signed with the vendor
.
Management at Ideas choses vendors on quality that is consistent with the Gul
Ahmed image.
Electronic Data Interchange
The database of the Idea store is linked directly to the Gul Ahmed head of
fice buying department.
Any stock shortages buying department knows about it and arranges gods acordingly
.
Warehouse Management
Ideas by Gull Ahmed
11
Retailing: Success Stories from Pakistan
10
bill boards in promotional items s list of customers customers in order The list ismaintained in an ever-increasing abase. customer support. It offers information about it self and its product.
s.
People Ideas has managed to atract its target customers
successfully
. Ideas trains its staff extensively in order to give a god impression of the store.
The sales executives are groomed and amicable.
They make sure that they are available for the customers whenever help is required.
After careful analysis of the customer traffic is increasing.
s in the store.
The lighting is also warm and is given a lot of importance so as
to highlighthe merchandise properly.
Ideas also kep a customer .keep them informed and new product
Gull Ahmed all under one roof. Its product offerings are as follows:
n
Women's
Apparel (The highest impulse purchase at Ideas)
n
Bedding
n
Women’Wear
n
Menswear
n
Kitchen Accessories
n
Bath Accessories
n
Ceramics
n
Gift Items
n
W
omen Accessories
n
Furniture
n
Children Accessories
Price Ideas is an affordable shop for its target customers. It justifies its pricing policy with its exclusive brand, high quality and god customer service while at the same time making sure that the products are not too expensive.
Place Ideas isituated in a centralocation in Clifton, therefore, it is easily accessible to its target market. It also has a good visibility factor, therefore, attracting a large number of customers.
Along with advertising, which it does in magazines and
Ideas by Gul Ahmed
13
Retailing: Success Stories from Pakistan
12
attractive décor, a consistent products and new product Their main aim house al the products that Gul Ahmed has to offer its
.
RESEARCH Research is caried weak and strong point
anasl yozfe tdh ea nstdo rdeis. cCuusssteodm External research is also caried ay informed about
the competitors' prices and their ferings. Ideas' main
competitors are Chen One and Al Karam.
CUSTOMER SERVICE For Ideas, customer service plays an integral They believe
that in order to develop a strong sustainable relationship with the customer, it's important to stay in touch and keep giving them reasons to come to the store again and again.
They do this by coming up with new collections and varieties and their customers informed.
FUTURE OUTLOOK which is a motivating factor for the customers. Ideas Store strives to be an international brand that cares for its customers and fulfils their home and personal needs.
They
chawnannetl sto a bs eth ree cleoagdneizre idn beyx ccluosnisvuem, heirg ahn qdu parliotyfesional
, modern infodremseigdn asn ads wweell-l garsoimmpeedcsaableles csoenrvsiucelt with courteous,
ants.
Their aim is to provide a distinctive, cosy shoping environment with
Ideas by Gul Ahmed
Posts
0 comments:
Post a Comment