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Strategy 25<br />

Growth<br />

The importance of customer relations<br />

The Group likes to develop long-term relations with its retail clients and capitalise on <strong>the</strong>se<br />

relations in order to establish firm partnerships and generate growth for both parties. The Group has<br />

plenty of advantages on its side, including <strong>the</strong> extent of its product offer, innovation and <strong>the</strong> strong image<br />

of our brands. Service quality is also a very important consideration <strong>the</strong>se days. In this respect, we must<br />

remain focussed on our customers' expectations in terms of inventory management, development of<br />

specific ranges, shelf merchandising etc. This approach requires increased flexibility and reactivity on our<br />

part, which are <strong>the</strong> necessary conditions to enable us to sustain lasting operations in our markets.<br />

Support at <strong>the</strong> point of sale<br />

At <strong>the</strong> point of sale, <strong>the</strong> consumer needs guidance when choosing products. In order to appeal<br />

to consumers, we merchandise our product ranges, organise demonstrations and present explanatory videos.<br />

Our primary concern is to make <strong>the</strong> range clear and easy to understand so that consumers can make a<br />

better choice. The new shelf layout for pressure cookers in hypermarkets is proof of <strong>the</strong> research we have<br />

carried out in this respect - multi-purpose display areas divided according to use; explanatory labelling;<br />

comparisons between models. All of our work in this area has a single objective - to achieve better sales.<br />

Our own retail stores, an additional advantage<br />

The Group has a network of exclusive stores, which is growing every year. Their role complements<br />

that of traditional retailers, both in terms of geographical presence and coverage of <strong>the</strong> various market<br />

quartiles. At <strong>the</strong> end of 2011, our own retail stores accounted for 1,445 points of sale spread across<br />

49 countries under <strong>the</strong> banners of Home & Cook, Tefal Shops (specifically in Turkey) and Supor Life Stores<br />

in China. They increased significantly in number last year (291 new stores in 2011) with reinforcements in<br />

particular in 3 new countries - Colombia with <strong>the</strong> arrival of Imusa, Vietnam with Asia Fan and Uruguay.<br />

DEVELOPMENT OF A PARTNERSHIP WITH THE CASINO GROUP<br />

"Like <strong>Groupe</strong> SEB, <strong>the</strong> Casino Group has set its sights on international expansion, which is<br />

<strong>the</strong> source of our growth. As in France, we have forged solid positions in South America and<br />

South-East Asia. We also have a deep-rooted intention to deploy a multi-channel strategy, which we<br />

adapt according to <strong>the</strong> maturity of each market. Our strategic visions are very close to those of <strong>Groupe</strong><br />

SEB, such as conquering emerging markets and developing new distribution channels such as e-business.<br />

Our partnership with <strong>Groupe</strong> SEB is built to last, with <strong>the</strong> identification of priorities and <strong>the</strong> sharing of<br />

opportunities based on mutual trust and a high level of responsiveness. Growth for both parties will come<br />

from <strong>the</strong> right choice of product categories, launched at <strong>the</strong> right time and in <strong>the</strong> most suitable way."<br />

Lylian Vignau, Managing Director of IRTS (<strong>the</strong> international structure of <strong>the</strong> Casino Group).

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