RETAIL MANAGEMENT A PRESENTATION ON FUNITURE STORES
<ul><li>TARGET CUSTOMERS </li></ul><ul><li>Households and Domestic customers </li></ul><ul><li>Corporates </li></ul><ul><l...
<ul><li>BROAD PRODUCT ASSORTMENTS </li></ul><ul><li>Double Beds </li></ul><ul><li>Sofa sets </li></ul><ul><li>Dinning Sets...
<ul><li>MARKET INFORMATION COLLECTED FOR THE BUSINESS </li></ul><ul><li>New Arrivals </li></ul><ul><li>Current Trends </li...
<ul><li>FINANCING BUSINESS </li></ul><ul><li>Cash </li></ul><ul><li>Credit </li></ul><ul><li>Banks </li></ul><ul><li>Credi...
<ul><li>INVENTORY PURCHASE PROCESS </li></ul><ul><li>Reserves and Large Block Of Stocks Are Maintained </li></ul><ul><li>D...
<ul><li>TYPE OF OWNERSHIP </li></ul><ul><li>Sloe Proprietorship </li></ul><ul><li>Partnership </li></ul><ul><li>Franchisee...
<ul><li>SUGGESTIONS ON MAXIMISING </li></ul><ul><li>BUSINESS EFFICIENCY </li></ul><ul><li>Opening More Branches </li></ul>...
<ul><li>CUSTOMER COMMUNICATION </li></ul><ul><li>Websites </li></ul><ul><li>Emails </li></ul><ul><li>Word Of Mouth </li></...
RELATIONSHIP MARKETING They continuously keep in contact with their repeat customers and keep them inform about the latest...
<ul><li>PROMOTIONS AND POP DISPLAYS </li></ul><ul><li>POP Displays Only Incase of Branded Furniture's </li></ul><ul><li>Pa...
 
 
 
 
 
 
 
<ul><li>GROUP MEMBERS </li></ul><ul><li>ABHIROOP SUR (04) </li></ul><ul><li>ABHISHEK DOKANIA (05) </li></ul>
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Retail Mgmt Presentation on furniture stores

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a retail management presentation on indian retail stores and how they work.

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Retail Mgmt Presentation on furniture stores

  1. 3. RETAIL MANAGEMENT A PRESENTATION ON FUNITURE STORES
  2. 4. <ul><li>TARGET CUSTOMERS </li></ul><ul><li>Households and Domestic customers </li></ul><ul><li>Corporates </li></ul><ul><li>Schools </li></ul><ul><li>Institutes </li></ul><ul><li>Hospitals </li></ul><ul><li>Hotels </li></ul><ul><li>Restaurants </li></ul><ul><li>Colleges </li></ul>
  3. 5. <ul><li>BROAD PRODUCT ASSORTMENTS </li></ul><ul><li>Double Beds </li></ul><ul><li>Sofa sets </li></ul><ul><li>Dinning Sets </li></ul><ul><li>Wardrobe </li></ul><ul><li>Display Cupboards </li></ul><ul><li>Computer Tables </li></ul><ul><li>Dressing Tables </li></ul><ul><li>Book shelves </li></ul>
  4. 6. <ul><li>MARKET INFORMATION COLLECTED FOR THE BUSINESS </li></ul><ul><li>New Arrivals </li></ul><ul><li>Current Trends </li></ul><ul><li>Demand Of Italian & Other Imported Furniture's </li></ul><ul><li>Demand Of Designer Wooden Furniture's </li></ul><ul><li>Competitors Advantage </li></ul><ul><li>Market Analysis & Consumer Analysis </li></ul>
  5. 7. <ul><li>FINANCING BUSINESS </li></ul><ul><li>Cash </li></ul><ul><li>Credit </li></ul><ul><li>Banks </li></ul><ul><li>Credit From Franchisee </li></ul><ul><li>Godrej Interio, Durian & Other Branded Furniture's </li></ul><ul><li>Advance Payment System </li></ul>
  6. 8. <ul><li>INVENTORY PURCHASE PROCESS </li></ul><ul><li>Reserves and Large Block Of Stocks Are Maintained </li></ul><ul><li>Depending Upon The Orders And Contracts The Order For The </li></ul><ul><li>inventory or Raw Materials Is Given </li></ul><ul><li>Just On Time Inventory Order Is Also Followed – To Avoid </li></ul><ul><li>Inventory Carrying Cost </li></ul><ul><li>Back Up Suppliers – If Delay In Regular Supply </li></ul><ul><li>Local Vendors & Suppliers – In Order To Reduce The Inventory </li></ul><ul><li>Transportation Cost </li></ul><ul><li>Have To Book The Orders For The Raw Materials Min 2 Days </li></ul><ul><li>Before The Delivery Date (For Normal Suppliers) </li></ul><ul><li>20 % Payment Have To Be Made In Advance For The Purchase Of </li></ul><ul><li>Raw Materials </li></ul>
  7. 9. <ul><li>TYPE OF OWNERSHIP </li></ul><ul><li>Sloe Proprietorship </li></ul><ul><li>Partnership </li></ul><ul><li>Franchisee (Incase of Branded Furniture’s </li></ul>
  8. 10. <ul><li>SUGGESTIONS ON MAXIMISING </li></ul><ul><li>BUSINESS EFFICIENCY </li></ul><ul><li>Opening More Branches </li></ul><ul><li>Increasing The Broad Product Assortments </li></ul><ul><li>Making The Showrooms More Attractive By POP & Displays </li></ul><ul><li>Government Supplies & Contracts </li></ul><ul><li>Opening Websites </li></ul><ul><li>Selling Branded Furniture's </li></ul>
  9. 11. <ul><li>CUSTOMER COMMUNICATION </li></ul><ul><li>Websites </li></ul><ul><li>Emails </li></ul><ul><li>Word Of Mouth </li></ul><ul><li>Personal Contacts </li></ul>
  10. 12. RELATIONSHIP MARKETING They continuously keep in contact with their repeat customers and keep them inform about the latest designs and new arrivals in the various categories and varieties of furniture’s. The furniture stores keep them updated with the latest fashion and trends in the furniture’s through their customers by asking them what they want and they fulfill their demand either by manufacturing or importing that furniture.
  11. 13. <ul><li>PROMOTIONS AND POP DISPLAYS </li></ul><ul><li>POP Displays Only Incase of Branded Furniture's </li></ul><ul><li>Pamphlets </li></ul><ul><li>Announcements In Fairs </li></ul><ul><li>Banners Put Up In School Functions & Other Local Functions </li></ul>
  12. 21. <ul><li>GROUP MEMBERS </li></ul><ul><li>ABHIROOP SUR (04) </li></ul><ul><li>ABHISHEK DOKANIA (05) </li></ul>

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