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Candida
Moraes
steeljunction,
the new steel retail outlet from Tata Steel, combines
innovation, functionality and style, to offer a never-before
range in steel lifestyle products
Next time you're in Kolkata
and want to buy some jewellery, you might want to hop
across to check out the spanking new steel mall. Yes,
you heard it right. Steel is no longer restricted to
unglamorous kitchens and washrooms. Steeljunction has
made it a trendy product that makes a lifestyle statement.
India's first organised steel
retail store, you can shop for stylised
furniture, objects d'art, kitchenware, crockery and
cutlery, bath fittings, garden tools, fitness equipment,
home security products and wire products. There's also
jewellery, some of which is even stone-studded.
The mall has two levels. The
ground level has the more functional home construction
and maintenance products department, while level one
houses the home aesthetics department. Wide aisles,
a warm ambience, concept kiosks with innovative product
displays and pleasant sales personnel to answer your
queries make shopping here a happy experience. The
mall has thoughtfully provided ramps for wheelchair
access.
Tata Group Chairman Ratan Tata
described it as an impressive and farsighted initiative.
He said, "I am proud to know that Tata Steel is
paving the way and stretching the envelope to show how steel touches
us in our daily life."
The idea took shape in November
2004, when Tata Steel managing director B Muthuraman
approved the concept of a steel retail store. A retail
initiatives department was formed, and the mall opened
a year later. Says Sumit Ray, chief, retail initiatives, "The
project seeks to cover the last mile of the distribution
channel that has been meticulously developed by Tata
Steel. It will help in building an emotional connect
with the end customer."
In this new avtaar, steel has struck a chord
right away. What catches people's fancy is its beauty,
low maintenance and eco-friendliness. Mr Ray elaborates:
"The key objective is to support Tata Steel's quest to catalyse
steel consumption in India's emerging mass market and
to build downstream retailing excitement for steel as
a category." The vision is to create a unique retail
experience displaying the versatility of steel, from
its functionality to its aesthetics.
It's not just retailing.
steeljunction
also serves as a platform for vendors and manufacturers
to understand consumer behaviour. It helps them to innovate
and develop newer products and services that add value
to the end customer. It makes steel buying a pleasant
experience.
The mall gets an average of 400-plus
footfalls daily. Sales have been brisk and continue
to grow at 20 per cent. The clientele is varied, from
local contractors to high-end interior designers.
steeljunction also
caters to bulk orders from small and medium enterprises
(SMEs), restaurant owners, offices and hospitals.
A unique feature of the store
is the Knowledge Centre, which offers a wide range of
information on things related to steel. But it has a
more critical role to play than merely sharing steel
trivia. The centre designs and hosts a variety of in-store
promotions and programmes to attract increased footfalls.
It studies buyer needs and behaviour, develops systems
and processes, and shares this with retailers and distributors.
This, it is hoped, will boost steel retailing at large.
The sections in the store are
arranged in real-life settings. The concept, believes
the team, makes the wares on display much more appealing.
Designed by Manashi Interiors, the décor is similar
to any upmarket mall. steeljunction even boasts of its
own coffee counter that, incidentally, is Café
Nescafe's first outlet in Kolkata.
Besides Tata Steel brands, the
mall showcases wares from other steel makers. Shoppers
can choose products from Tata Agrico, Parryware, Magpie,
Ess Ess, Art-d-inox, Tata Tiscon, Taparia Tools, Godrej,
GKW, Neelam, Faber, Franke, ST Unicom, and Glen, to
name a few.
steeljunction hopes to forge
better relationships and partnerships, to develop new
products and increase its offerings. It is also working
with architects to explore ways to increase use of the
metal in the construction sector.
So far, the going has been good.
The retail initiatives department hopes to set up a
few more stores across the country soon. "We will
keep a close watch on the progress of this store and
use the experience to roll out more stores across India,"
says Mr Ray.
steeljunction's small but
exuberant team is enthusiastic, and is rooting for more
in the months to come. So, the next time you need bathroom
fittings, kitchenware, furniture and gardening tools,
this store could be a one-stop destination. Rest assured,
your visit will be rewarding.
Uploaded on May 11, 2006
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