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Virgin Mobile Retail strategy for entering the Indian Handset market
An Update ,[object Object],[object Object]
[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Virgin Mobile The Company
Global Reach
Virgin Mobile Charter As a customer, there’s nothing more frustrating than dealing with a faceless bureaucracy or a member of staff who tows the party line. A little something extra can really go a long way to improve a their experience and their opinion of Virgin. E.g. A Virgin Trains manager took all the placemats from First class and folded them into fans for the passengers caught in an unpleasantly hot carriage when the air-conditioning failed. To add a personal touch to our customer experience: the little extras….
Virgin Mobile Charter Speak from the heart, not a script. Talk to people the way they prefer to be talked to – with warmth and humanity. When Virgin Money sends people letters about their financial services they recognise it’s the customer’s money, not theirs. They don’t write in jargon but as one human being to another To offer an experience that’s 100% human, treating customers with respect.
Organizational Mission ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Virgin’s New Venture Strategy ,[object Object]
The Indian Opportunity Market Size, Structure and Segments for Handset Retail
Mobile Retail - The Numbers ,[object Object],[object Object],[object Object]
The Demographics ,[object Object]
What Virgin Needs To Know ,[object Object],[object Object],[object Object],[object Object]
Organized Retail ,[object Object],[object Object],[object Object]
The Future - Growth Rates ,[object Object],[object Object],[object Object]
The Future - Volumes
The Potential - Handset Retail
The Future - Trends ,[object Object],[object Object],[object Object],[object Object]
PEST – Politico-Legal Environment ,[object Object],[object Object],[object Object],[object Object],[object Object]
PEST - Economic Environment ,[object Object],[object Object],[object Object],[object Object],[object Object]
PEST - Social Environment ,[object Object],[object Object],[object Object],[object Object]
PEST - Technological Environment ,[object Object],[object Object],[object Object]
Porter’s Five Forces
Porter’s Five Forces ,[object Object],[object Object]
Porter’s Five Forces ,[object Object],[object Object],[object Object],[object Object]
Porter’s Five Forces ,[object Object],[object Object],[object Object]
Porter’s Five Forces ,[object Object],[object Object],[object Object]
Competitive Landscape Players, Positioning and Strength
Existing Players ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nokia ,[object Object],[object Object],[object Object],[object Object],[object Object]
Mobile Store ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Positioning Map
Consumer Need Analysis Segments, Buyer Behavior and Gaps
Consumer Segments I want everything  from my mobile  and I want it now My phone means  I belong amongst  my peers My life is a juggling act – my mobile keeps  me connected I want a phone that makes me look good - even when I can’t afford it To stay ahead of the game you need the best tools New experiences,  new possessions,  new technologies – that’s what I want I’ll adopt new technologies if you show me a good reason I’ll carry a mobile  if I need to… Pioneer Youth Mainstream Youth In-touch Organizers Mainstream Materialists Careerist Experiencers Family Phoners Basic Phoners
The Indian CellPhone Buyer ,[object Object],[object Object],[object Object],[object Object]
The Opportunity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Urban Youth: More Than Just A Segment ,[object Object],[object Object],[object Object],[object Object]
Indian Market Entry Strategy Target Segment, Positioning and Objectives
Virgin India Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Positioning - Seeking Youngistan ,[object Object],[object Object],[object Object]
Virgin India Strategy - Differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Virgin India Strategy - Cost ,[object Object],[object Object],[object Object],[object Object],[object Object]
Differentiation Strategy - Customer Care ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Returns Policy ,[object Object],[object Object],[object Object]
Differentiation Strategy ,[object Object]
Differentiation Strategy - First Time In India ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Virgin India Strategy - Promotions ,[object Object],[object Object]
Virgin India Strategy - Location And Ownership ,[object Object],[object Object],[object Object]
Virgin India Strategy - Location ,[object Object],[object Object],[object Object]
A Virgin Kiosk
Virgin India Strategy - Expansion Plans ,[object Object],[object Object],[object Object],[object Object]
Virgin Mobile Analysis and Recommendations
South African Experience ,[object Object],[object Object],[object Object]
Singapore Experience ,[object Object],[object Object],[object Object],[object Object]
Strategic Choices for Mobile Retailers Price Volume Low High High Low Cost Strategy-Viable Low Cost Strategy- Unviable Not sustainable Premium Positioning-Viable
Positioning Virgin BRAND ENGAGEMENT CAN BE THE ONLY DIFFERENTIATOR OFFER SIMILAR ACROSS RETAILERS ASSORTMENT EXPECTED CONSUMER MORE EVOLVED PRICE COMPETIVENESS SHORT LIVED
200 companies worldwide, employing 48 500 people, an annual Virgin Group turnover  of £10.8bn/US$20.4bn   … .one of the most exciting brands in the world
SWOT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SWOT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Capitalizing On Strengths ,[object Object],[object Object],[object Object],[object Object]
Making Weaknesses Irrelevant ,[object Object],[object Object],[object Object]
Recommendations ,[object Object],[object Object]
Recommendations ,[object Object],[object Object],[object Object],[object Object]
Recommendations ,[object Object],[object Object],[object Object]
Thank You !!

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Virgin Mobile India Strategy

  • 1. Virgin Mobile Retail strategy for entering the Indian Handset market
  • 2.
  • 3.
  • 4.
  • 7. Virgin Mobile Charter As a customer, there’s nothing more frustrating than dealing with a faceless bureaucracy or a member of staff who tows the party line. A little something extra can really go a long way to improve a their experience and their opinion of Virgin. E.g. A Virgin Trains manager took all the placemats from First class and folded them into fans for the passengers caught in an unpleasantly hot carriage when the air-conditioning failed. To add a personal touch to our customer experience: the little extras….
  • 8. Virgin Mobile Charter Speak from the heart, not a script. Talk to people the way they prefer to be talked to – with warmth and humanity. When Virgin Money sends people letters about their financial services they recognise it’s the customer’s money, not theirs. They don’t write in jargon but as one human being to another To offer an experience that’s 100% human, treating customers with respect.
  • 9.
  • 10.
  • 11. The Indian Opportunity Market Size, Structure and Segments for Handset Retail
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17. The Future - Volumes
  • 18. The Potential - Handset Retail
  • 19.
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  • 26.
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  • 29. Competitive Landscape Players, Positioning and Strength
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  • 34. Consumer Need Analysis Segments, Buyer Behavior and Gaps
  • 35. Consumer Segments I want everything from my mobile and I want it now My phone means I belong amongst my peers My life is a juggling act – my mobile keeps me connected I want a phone that makes me look good - even when I can’t afford it To stay ahead of the game you need the best tools New experiences, new possessions, new technologies – that’s what I want I’ll adopt new technologies if you show me a good reason I’ll carry a mobile if I need to… Pioneer Youth Mainstream Youth In-touch Organizers Mainstream Materialists Careerist Experiencers Family Phoners Basic Phoners
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  • 39. Indian Market Entry Strategy Target Segment, Positioning and Objectives
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  • 53. Virgin Mobile Analysis and Recommendations
  • 54.
  • 55.
  • 56. Strategic Choices for Mobile Retailers Price Volume Low High High Low Cost Strategy-Viable Low Cost Strategy- Unviable Not sustainable Premium Positioning-Viable
  • 57. Positioning Virgin BRAND ENGAGEMENT CAN BE THE ONLY DIFFERENTIATOR OFFER SIMILAR ACROSS RETAILERS ASSORTMENT EXPECTED CONSUMER MORE EVOLVED PRICE COMPETIVENESS SHORT LIVED
  • 58. 200 companies worldwide, employing 48 500 people, an annual Virgin Group turnover of £10.8bn/US$20.4bn … .one of the most exciting brands in the world
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