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COUNTRY PROFILE
Official name:
Russian Federation
Location:Northern Eurasia continent
Area:
17.075 million km2
Population:
141.9 million people (Jan 2009)
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COUNTRY PROFILE
Capital city:Moscow (10.4 million people)
National Day:
12th June
Official language:
Russian
Currency: RUB (Rouble)
GDP: per capita (country comparison to the world: 75)
$15,100 (2009 est.)
$16,300 (2008 est.)
$15,400 (2007 est.)
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GEERT HOFSTEDE CULTURAL
DIMENSION
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MARKET: SAINT PETERSBURG
Location:
Eastern Europe, the Eastern shore of the Baltic
Sea (Gulf of Finland)
Area:
1,439 km2 (2nd Russian biggest city)
Population:
4,581.7 thousand people (1st Jan 2009)
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SAINT PETERSBURG
Northern capital of Russia
2 airports and 1 seaport
High living condition
One of the most expensive cities
in Russia
Life style
Busy, open-minded
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COMPANY
Established in 2008
Location in Singapore
Leading Internet e-grocery for the grocery supplies
and supermarket industry
more than 300 categories of products
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PARTNERSHIP
Founded by Oleg Zherebtsov in 1993
89% Brand recognition
Provided a fresh produce and dairy sections, household
items, apparel, an electronics, pharmacies, and muchmore.
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1. Saint-Petersburg (14)
2. Novosibirsk (4)
3. Nizhny Novgorod (2)
4. Astrakhan
5. Barnaul
6. Novgorod
7. Volgograd
8. Krasnodar (2)
9. Naberezhnie Chelny
10.Omsk (2)
11.Petrozavodsk12.Ryazan
13.Togliatti
14.Tyumen
15.Saratov
16.Penza
17.Novorossiysk
"Lenta" hypermarket chains in Russia operating
36 complexes throughout the country:
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MARKETING STRATEGY
Product : Online grocery service
CompetitiveAdvantages : Fast service, first
selling grocery online in saint Petersburg,
convenient Target market : The citizen, middle to high
income, busy people
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SWOT ANALYSIS
High quality service
New idea
FlexibilityEco-friendly
Low competitionStrong economy
Large market
Customer lifestyle
New comer
Demand for capital
Unstable national politicTechnology problems
New competitors
Weather
Strength Weaknesses
Opportunities Threats
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PROMOTION STRATEGY
Advertising
Medias (TV& radio), newspapers, magazines,Internet
SaleDiscount for holiday or special occasions
Loyalty Strategy
Point reward present for birthday, frequentorders
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PRICE STRATEGY
NAME DELIVERY FEE(RUB)
Russian Post Office 82.6 + 5% of the declared value
Carter's Florist & Greenhouses 270
Irene's Flower Shop 150
Yum Trade 1~1000 charge 1001000~1800 charge 50
1800~2600 charge 10
over 2600 charge for free
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PLACE STRATEGY
Computers & vehicles are at Lenta supermarket
The goods will be delivered from the nearest
supermarket to customers
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MARKETING STRATEGY :3
ADDITIONAL PS
Process:
Simple,Speedy &Safe
Customer Order Orderwebsite
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MARKETING STRATEGY
Physical evidence:
Friendly appearance
Uniform
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MARKETING STRATEGY
People:
Staff:
Friendly, professional, and helpful
Customer:
Giving feedbacks, suggestions, attending events
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FINANCIAL STATEMENT
Advertisement
1. Radio $25.343=762474.5 RUB/year
2. Outside $3.417.387=102816188 RUB/year
3. Magazine $7.176.884=215925167.4 RUB/year
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FINANCIAL STATEMENT
Equipment
1. Van $4395*4=USD$17583.9
2. Desk chair
chair*10=$12.5*10=USD$125
desk *5=$106*5=USD$530
computer*6=$625*6=USD$3750
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FINANCIAL STATEMENT
Advertising tax is levied at 5%
Insurance
1. 3% of total value of goods2. Madatory accident insurance0.2%-5.8%
Profit
take 15%-20%from each order
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TAXES
Mineral resources extraction tax 40%
Corporate profits tax 19%
Unified Social Tax 11%
Other taxes 2%
Indirect taxes collected in 2008 in Russia:
VAT 25%
Direct taxes collected in the first nine months of
2008 in Russia:
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FINANCIAL STATEMENT
Labour law
1. standard working hour: 40hours over 5-6 days/
week . It'll be lower for youngsters, disability
people,etc.
2. at least 28 calendar days off/ year
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FUTURE PLAN
1. Shot term: find the supplier by our self and run
the business by our self
2. Long term: expand our business to other cities
and other countries
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REFERENCES
http://www.doingbusiness.org/EconomyRankings/
http://www.state.gov/r/pa/ei/bgn/3183.htm
http://www.saint-petersburg.com/quick-facts.asp
http://doingbusiness.ru/facts-about-st.-petersburg.html
http://www.yumtrade.com/shopdisplayproducts.asp?id=19&cat=mineral+water+%26+others
http://www.lenta.com/index.php?path=node/1259
http://www.sv-agency.udm.ru/sv/prices.htm
http://www.ruscham.com/en/rossinfo/db/13.html
http://www.worldbusinessculture.com/Business-in-Russia.html
http://www.worldwide-tax.com/russia/russia_tax.asp
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