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Avisit to a Croma store is like entering an electronic version of ...

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<strong>Av<strong>is</strong>it</strong> <strong>to</strong> a <strong>Croma</strong> s<strong>to</strong>re <strong>is</strong> <strong>like</strong> <strong>entering</strong> <strong>an</strong> <strong>electronic</strong><br />

<strong>version</strong> <strong>of</strong> Alibaba’s cave. <strong>Croma</strong> sells nearly 6,000<br />

<strong>electronic</strong> products <strong>an</strong>d appli<strong>an</strong>ces <strong>of</strong> 180 br<strong>an</strong>ds <strong>an</strong>d<br />

at prices <strong>to</strong> fit all budgets — cell phones start at Rs1,800 <strong>an</strong>d go<br />

up <strong>to</strong> Rs38,000 for PDAs; microwaves are priced from Rs2,500<br />

<strong>to</strong> Rs16,000.<br />

<strong>Croma</strong>’s tagline — ‘we help you buy’ — underlines the design<br />

<strong>an</strong>d cus<strong>to</strong>mer experience <strong>of</strong> the s<strong>to</strong>re. With cle<strong>an</strong>, open layouts<br />

<strong>an</strong>d interactive d<strong>is</strong>plays, cus<strong>to</strong>mers c<strong>an</strong> easily find what they are<br />

looking for <strong>an</strong>d compare features across br<strong>an</strong>ds — check<br />

programmes on TVs for colour, clarity <strong>an</strong>d sound or try out<br />

features on lap<strong>to</strong>ps that are wi-fi connected. The sales staff <strong>is</strong><br />

trained <strong>to</strong> <strong>an</strong>swer queries <strong>an</strong>d help cus<strong>to</strong>mers make choices.<br />

The s<strong>to</strong>re puts in a focused effort on building relationships <strong>an</strong>d<br />

engaging with cus<strong>to</strong>mers. A 52-week pl<strong>an</strong> plots festivals <strong>an</strong>d<br />

holidays during which attractive <strong>of</strong>fers <strong>an</strong>d special d<strong>is</strong>counts are<br />

run <strong>to</strong> induce walk-ins. There are technical classes <strong>to</strong> inform<br />

people about product features <strong>an</strong>d benefits. There <strong>is</strong> also a ‘gadget<br />

check’ facility where people c<strong>an</strong> bring in <strong>an</strong>y old appli<strong>an</strong>ce for<br />

free servicing, even those not bought at a <strong>Croma</strong> s<strong>to</strong>re.<br />

In keeping with the Tata credo <strong>of</strong> working with the local<br />

community, <strong>Croma</strong> believes in generating employment for the<br />

local people. Before each new s<strong>to</strong>re opens, a b<strong>an</strong>ner <strong>is</strong> put up<br />

inviting job applications from the locals. Recruits go through<br />

Engl<strong>is</strong>h l<strong>an</strong>guage, yoga <strong>an</strong>d dramatics classes as part <strong>of</strong><br />

induction. Training <strong>is</strong> a continuous process <strong>to</strong> keep the staff’s<br />

technical knowledge up-<strong>to</strong>-date.<br />

<strong>Croma</strong> has ambitious exp<strong>an</strong>sion pl<strong>an</strong>s involving 35-40 new s<strong>to</strong>res<br />

— a mix <strong>of</strong> st<strong>an</strong>dalone <strong>an</strong>d mall s<strong>to</strong>res — in the coming year. By<br />

March 2009 <strong>Croma</strong> hopes <strong>to</strong> have close <strong>to</strong> 60 s<strong>to</strong>res across India<br />

in major metros, before moving on <strong>to</strong> build a presence in tier-II<br />

cities such as Amritsar, Ch<strong>an</strong>digarh, Jal<strong>an</strong>dhar, etc.<br />

Indi<strong>an</strong> consumers are very price<br />

<strong>an</strong>d br<strong>an</strong>d-conscious; they w<strong>an</strong>t<br />

good deals at a good price. They<br />

come <strong>to</strong> <strong>Croma</strong> because it <strong>is</strong> value<br />

for money <strong>an</strong>d it’s a Tata enterpr<strong>is</strong>e,<br />

thinking that the br<strong>an</strong>d may let me<br />

down, but the Tatas won’t.<br />

Ajit Joshi, CEO, Infiniti Retail


Fact file<br />

The beginning: Launched in Oc<strong>to</strong>ber 2006, <strong>Croma</strong> <strong>is</strong> India’s<br />

first country-wide chain <strong>of</strong> consumer <strong>electronic</strong>s <strong>an</strong>d durables.<br />

It <strong>is</strong> m<strong>an</strong>aged by Infiniti Retail, a 100 per cent subsidiary <strong>of</strong><br />

Tata Sons. <strong>Croma</strong> receives technical <strong>an</strong>d strategic sourcing<br />

support from Woolworths India, a subsidiary <strong>of</strong> Woolworths,<br />

the Australi<strong>an</strong> retail gi<strong>an</strong>t.<br />

The s<strong>to</strong>re: The large format s<strong>to</strong>res <strong>of</strong>fer products in eight<br />

categories — large appli<strong>an</strong>ces, home entertainment, small<br />

appli<strong>an</strong>ces, computers <strong>an</strong>d peripherals, communication, music<br />

<strong>an</strong>d movies, imaging <strong>an</strong>d gaming s<strong>of</strong>tware. Cus<strong>to</strong>mers get <strong>to</strong><br />

make choices from a large r<strong>an</strong>ge <strong>an</strong>d more br<strong>an</strong>ds in <strong>electronic</strong><br />

products <strong>an</strong>d appli<strong>an</strong>ces, <strong>an</strong>d white goods.<br />

The spread: Currently there are 21 s<strong>to</strong>res in six cities<br />

(Ahmedabad, B<strong>an</strong>galore, Mumbai, New Delhi, Pune <strong>an</strong>d Surat).

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