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Retailing In India Past, Present
& Future
-By Aprameya Joshi
Retailing
Definition : “Retailing includes all activities
involved in selling goods or services directly to
final consumers for personal , non business
use.”
- Philip Kotler
Retail comes from French word TAILER. It was
added to dictionary as noun with meaning
“sale in small quantities” in 1433.
Retailing In Past
Characteristics:
 Traditional unorganized sector
 Only local grocery shops called “KIRANAS” are available
 Apart from them local fairs, hawkers, pavement vendors
 No standard patterns for selling were followed
Retailers characteristics:
 Not educated or merely educated
 Family customs
Consumers characteristics:
 Awareness levels were low
 Family sizes were big so incomes were low spending is low
 Choices were less
Retailing At Present
Characteristics:
 Both organized and unorganized sector
 Still more than 90% is unorganized sector
 Multi braded retailing is the running trend
Retailers characteristics:
 Organized sellers follow well-defined selling, supply chain
models, highly skilled employees
 corporate’s have entered the retail industry
 Online retailing is occupying a good market share
Consumers characteristics:
 Perspective has changed, retail stores have no more restricted
to necessity shopping
 Family disposable incomes have increased so shopping has
become a recreation and hobby
Retailing In Future
Characteristics:
Promising sectors likely to grow in future are
fashion, life style, food & groceries
100% FDI in retailing projects a better future
Competition would benefit the customers
E-commerce and M-commerce play a major role in
retailing
Organized sector will be in a growing trend where
as un organized sector will loose its market share
Retailing In Future
Retailers characteristics:
Retailers will be looking for employees who have good
leadership skills, detailed understanding of CRM &
supplychain concepts
Retailers should have ability to communicate with
global customers
Consumers characteristics:
Futures consumers will be more aware and demanding
Environmental concerns and corporate social
responsibilities of retailers play a dominating role in
choosing them by the consumers
FACTS
The over all retail sales in india will grow from US$
450 to US$ 785.12 billions by 2015( The Times Of
India)
Indian retail industry is expected to reach 1.3 trillion
by 2020.(IBEF)
Indian retail sector accounts 22% of total GDP &
contributes 8% of total employment
Timeline Of Retailing In India
Retailing in india
Retailing in india
Retailing in india

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Retailing in india

  • 1. Retailing In India Past, Present & Future -By Aprameya Joshi
  • 2. Retailing Definition : “Retailing includes all activities involved in selling goods or services directly to final consumers for personal , non business use.” - Philip Kotler Retail comes from French word TAILER. It was added to dictionary as noun with meaning “sale in small quantities” in 1433.
  • 3. Retailing In Past Characteristics:  Traditional unorganized sector  Only local grocery shops called “KIRANAS” are available  Apart from them local fairs, hawkers, pavement vendors  No standard patterns for selling were followed Retailers characteristics:  Not educated or merely educated  Family customs Consumers characteristics:  Awareness levels were low  Family sizes were big so incomes were low spending is low  Choices were less
  • 4. Retailing At Present Characteristics:  Both organized and unorganized sector  Still more than 90% is unorganized sector  Multi braded retailing is the running trend Retailers characteristics:  Organized sellers follow well-defined selling, supply chain models, highly skilled employees  corporate’s have entered the retail industry  Online retailing is occupying a good market share Consumers characteristics:  Perspective has changed, retail stores have no more restricted to necessity shopping  Family disposable incomes have increased so shopping has become a recreation and hobby
  • 5. Retailing In Future Characteristics: Promising sectors likely to grow in future are fashion, life style, food & groceries 100% FDI in retailing projects a better future Competition would benefit the customers E-commerce and M-commerce play a major role in retailing Organized sector will be in a growing trend where as un organized sector will loose its market share
  • 6. Retailing In Future Retailers characteristics: Retailers will be looking for employees who have good leadership skills, detailed understanding of CRM & supplychain concepts Retailers should have ability to communicate with global customers Consumers characteristics: Futures consumers will be more aware and demanding Environmental concerns and corporate social responsibilities of retailers play a dominating role in choosing them by the consumers
  • 7. FACTS The over all retail sales in india will grow from US$ 450 to US$ 785.12 billions by 2015( The Times Of India) Indian retail industry is expected to reach 1.3 trillion by 2020.(IBEF) Indian retail sector accounts 22% of total GDP & contributes 8% of total employment