FUTURE GROUP India’s Leading Business House
FUTURE GROUP
India’s Leading Business House
SONE KI CHIDIYA
Company Profile
Established in 1994 by Mr. Kishore Biyani
Retail forms the core business activity
Group subsidiaries are present in Consumer Finance Capital Insurance Leisure & Entertainment Brand Development Retail Real Estate Development Retail Media & Logistics
Future Retail
Pantaloon Retail Flagship enterprise of the group Operations in 75 cities, & 65 rural locations
across India Employs around 30,000 people Listed on Indian Stock Exchanges Captures almost the entire consumption
basket of Indian customers
Future Retail
Big Bazaar Hypermarket format Combines the look, touch & feel of Indian
bazaars with the choice and convenience of modern retail
In 2008, Big Bazaar opened its 100th store
Future Capital Holdings
Offers financial services like Asset Management Future Money General Insurance Services Venture Capital Funds & Private Equity Funds
Operates a consumer finance arm with branches in 150 locations
Other Group Companies
Future Generali Insurance venture of the group in partnership
with Italy’s Generali Group
Future Brands Brand development and IPR company
Future Logistics Provides logistics Distribution solutions
Future Group
Principles
Believes on developing strong insights on Indian consumers
Building businesses based on Indian ideas
The Group’s corporate credo is “Rewrite rules, Retain Values”
Corporate DNA Analysis
Corporate Brand Image
Vision:
They share the vision and belief that the customers and stakeholders shall be served only by creating and executing future scenarios in the consumption space leading to economic development.
Mission:
We shall be efficient, cost- conscious and committed to quality in whatever we do.
We shall ensure that our positive attitude, sincerity, humility and united determination shall be the driving force to make us successful.
Values and Beliefs Indianness: confidence in ourselves.
Leadership: to be a leader, both in thought and business.
Respect & Humility: to respect every individual and be humble in our conduct.
Introspection: leading to purposeful thinking.
Openness: to be open and receptive to new ideas, knowledge and information.
Valuing and Nurturing Relationships: to build long term relationships.
Simplicity & Positivity: Simplicity and positivity in our thought, business and action.
Adaptability: to be flexible and adaptable, to meet challenges.
Flow: to respect and understand the universal laws of nature.
MARKET, COMPETITORS,CONSUMERS
Market
Market Size Value: $4.5bn
Market Growth Rate Value: 17% (India)
Seasonality: All year round.
Market
Distribution Trends: Direct from Manufacturers.
Geographical Distribution: All over India. (Starting with Maharashtra).
Substitute/Complementary Products: Ayurvedic and Homeopathic Medicines.
Porter’s Forces Threat of new entrants : Yes Bargaining power of buyers : No
Competitor Analysis
Number of Competitors : Few
Types of Competitors Major Players : Apollo Pharmacy, Guardian. Niche Players : Local Medical Stores. Future Players : Ranbaxy, Cipla.
Competitors “Discounting is not the way as our margins
are not huge.
I want to see one or two more competitors getting to the service level.”
- Director,
Apollo Pharmacy
SWOT Analysis of Competitors
Strength : Largest Private Healthcare provider.
Weakness : Falling Margins in Pharmacy.
Opportunity : Indian Healthcare Market will grow to $150bn by 2017.
Threats : Attrition rate will increase with surge in demand.
Competitor Analysis
Competitor’s past behaviour Typical behavioural patterns Unusual steps taken
Positioning of top 3 competitors – Target Segment & Distinction
Competitor’s brand image
Competitor’s promotional strategies
Consumer Research
Consumer AnalysisResearch
Consumer Numbers: (Secondary) Existing Consumer base by:
Urban/Rural Region : Maharashtra.
Potential Consumer Base : Metropolitan Penetration of Product
Heavy.
Consumer Behavior
Consumer Behaviour: (Secondary and Primary)
Buyer Behaviour Process Who buys : Almost all consumer base. Key influences : Better consumer satisfaction.
Key reasons behind purchase Needs fulfilled : Yes. Preferences : Retail image for Future group.
External factors influencing purchase
Traffic. Geographical Distance. Attachment with local stores.
Internal factors influencing purchase Cost Margins. Availability.
InsightsConsumerMarket
CompetitorCompany
Mayank Singhal – 146
Siddharth Jain – 122
Bhavik Shah – 144
Aditya Khandelwal – 131
Vikas Parasrampuria - 139
Thank You !!