Competetive Analysis of Bhat-Bhateni and Big-Mart
A competitive analysis is a critical part of the company’s marketing
plan. With this evaluation, we can establish what makes product or service
unique and therefore what attributes play up in order to attract the target
market. Competitor analysis is an
assessment of the strengths and weaknesses of current and potential
competitors.
BHAT-BHATENI
Started with one store
room and one shop at 1984, now Bhatbhateni has more than 6 Supermarkets in
Kathmandu valley and one in pokhara. Bhat bhateni is a leading superstore in
Nepal. It provide employment opportunities to more than 10,000 employees.
BIG-MART
Established in 2009. It
has fourteen outlets in Kathmandu valley; Big mart has given a side competition
to Bhat-bhateni and is its upcoming competitor. Within a short span of time
BIGMART has grown enormously, attracting loyal customers.
Competitive Analysis of
Bigmart and Bhatbhateni super market
Factors
|
Bigmart
|
Bhatbhateni
|
|
Price
|
High
|
moderate
|
|
Sales
|
Moderate
|
High
|
|
Customer Service
|
High
|
moderate
|
|
Quality
|
Moderate
|
moderate
|
|
Unique features
|
Moderate
|
High
|
|
Product variety
|
Low
|
high
|
|
PESTLE ANALYSIS
OF BHAT-BHATENI AND BIG-MART
Political:
In an unpredictable country like Nepal, where government change in average of 2
years time, adjusting with the government policies is difficult. Nepal has
unstable government. There are bands and strikes every now and then.
Supermarkets like Bhat-bhateni and Big-mart whose daily sales exceeds more than
10 lakhs will have a big impact because of even one days bandh. Adjusting with
the political situation plays a vital role for both these supermarkets.
ECONOMICAL:
The
recent unofficial blockade by India has made a significant impact for both the
supermarkets. More than 70% of the products come from India and due to the
recent economical blockade products are not been available. The sales have
decreased because of unavailability of products. Bhatbhateni is one of the top
tax payers in Nepal.
SOCIAL:
Bhatbhateni and Bigmarts aim is to provide varieties of products at one place. Customers are more conscious than ever they want quality products at the lowest available rate. Products in both these supermarkets have different price and is available in different qualities.
Bhatbhateni and Bigmarts aim is to provide varieties of products at one place. Customers are more conscious than ever they want quality products at the lowest available rate. Products in both these supermarkets have different price and is available in different qualities.
TECHNOLOGICAL:
Technology
provides more efficiency and security to the supermarket. With the advancement
in technology we have different payment system. Products are well secured with
high tech security system installed in their products. Online orders are now
available in Bhatbhateni.
,
technology acts a service for the Big mart as well as bhatbhateni
ENVIRONMENTAL:
Bhatbhateni and Bigmart must be more environment conscious. In recent years bhatbhateni has brought in new system where they do not use plastic bags and use alternative local bags.At parking area bhatbhateni provides customers with ecowash system to their customers vehicle. Big mart must also come with some schemes looking after the environmental factors.
Bhatbhateni and Bigmart must be more environment conscious. In recent years bhatbhateni has brought in new system where they do not use plastic bags and use alternative local bags.At parking area bhatbhateni provides customers with ecowash system to their customers vehicle. Big mart must also come with some schemes looking after the environmental factors.
LEGAL:
Both
these supermarkets must follow the legal actions. During this period of
economic blockade they should not take advantages of high demand for their
products and should not increase the prices randomly. Legal analysis should not
be neglected.
REFERENCES
Bigmart.
(2015). Bigmart. Available: http://www.bigmart.com.np/. Last accessed 28th
december 2015.
BBSM. (2015). welcome to bhatbhateni. Available:
http://www.bbsm.com.np/. Last accessed 28th december 2015.
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