Retail (FoodWorld CAse)
Retail (FoodWorld CAse)
Retail (FoodWorld CAse)
Case Study
Presentation
On
FoodWorld – A
Market Entry Strategy
About Food World-A
Food World store was modest beginning in R.A
Puram in Chennai( 9 May 1996)
By November 1998, FoodWorld retail outlets
reached19, in 3 large cities
- Chennai (6)
- Bangalore (8)
- Hyderabad (5)
First year turnover 1996-97 was Rs.210 million
Projected turnover for 1998-99 was R. 870 million
and by November 1998, a turnover of Rs. 520
million already been achieved
Food World-A
Transformation
Company strategy
Location decision terminology
Customer perception
Demand exploration
Customer behavioral analysis
Food World-A
Marketing strategy
Target segment
Middleand upper class
Mass market phenomenon
Positioning strategy
Storeambience
Top brands offered