This document discusses consumer behavior and the retail market in India. It notes that retail accounts for 14-15% of India's GDP and the market is valued at $450 billion, making it one of the top five retail markets globally. Retail in India is divided into unorganized and organized sectors, with the latter expected to grow from 3% in 2004 to 20% by 2020. Key factors influencing consumer buying behavior are discussed as personal, cultural and social factors. Several large retail companies operating in India are also mentioned.
Rural India is characterized by low per capita income, low productivity, low literacy and low rate of industrialization along with absence of basic amenities. The unprivileged class is set back by a lack of educational opportunities that could empower them to confidently pursue economic progress and overcome the debilitating effects of low literacy and rigid social hierarchies. Indiaโs rural markets are growing at double the rate of urban markets. The retail revolution is going to act as a catalyst. So, the new concept that is hitting the market today is the "Rural Retailing".
Rural India is characterized by low per capita income, low productivity, low literacy and low rate of industrialization along with absence of basic amenities. The unprivileged class is set back by a lack of educational opportunities that could empower them to confidently pursue economic progress and overcome the debilitating effects of low literacy and rigid social hierarchies. Indiaโs rural markets are growing at double the rate of urban markets. The retail revolution is going to act as a catalyst. So, the new concept that is hitting the market today is the "Rural Retailing".
Theories of retailing, theories of retail development,
Retail Life Cycle, Environmental Theory, Cyclical Theory - Wheel of retailing, phases of retail development, Accordion theory
This Report gives you a detailed description of the "Star Bazaar (Andheri Store)" retail strategy, detailed store insights and the key marketing strategies implemented.
Customer Perception Towards Traditional and Modern Retailinginventionjournals
ย
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Theories of retailing, theories of retail development,
Retail Life Cycle, Environmental Theory, Cyclical Theory - Wheel of retailing, phases of retail development, Accordion theory
This Report gives you a detailed description of the "Star Bazaar (Andheri Store)" retail strategy, detailed store insights and the key marketing strategies implemented.
Customer Perception Towards Traditional and Modern Retailinginventionjournals
ย
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Consumers satisfied with the storeโs service quality are most likely to remain loyal. Service quality is being increasingly perceived as a tool to increase value for the consumer; as a means of positioning in a competitive environment to ensure consumer satisfaction, retention and patronage. Much of the attention focused on the service quality construct is attributable to the SERVQUAL instrument developed by Parasuraman, Zeithaml & Berry (1988) for measuring service quality.
This presentation focuses on how businesses whether small or large can make use of the Facebook platform to promote their products and their business. It also consists of examples (Success stories) of few companies who made use of Facebook for promoting their products.
Indonesia: Country Analysis (International Marketing)Rahul Wane
ย
A thorough country analysis of Indonesia with International Marketing point of view. Consists of latest statistics, facts and figures as of 2013-14. Covers points such as Market Potential Index, Hofstede Model, GCI Index, PESTEL and SWOT analysis.
Analysis of a case study on India's No. 1 Travel Site, MakeMytrip.com. The presentation also contains the solutions to the questions raised after the case study.
"๐ฉ๐ฌ๐ฎ๐ผ๐ต ๐พ๐ฐ๐ป๐ฏ ๐ป๐ฑ ๐ฐ๐บ ๐ฏ๐จ๐ณ๐ญ ๐ซ๐ถ๐ต๐ฌ"
๐๐ ๐๐จ๐ฆ๐ฌ (๐๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
๐๐ ๐๐จ๐ฆ๐ฌ provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
โญ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ:
โข 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
โข SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
โขFreenBecky 1st Fan Meeting in Vietnam
โขCHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
โข WOW K-Music Festival 2023
โข Winner [CROSS] Tour in HCM
โข Super Show 9 in HCM with Super Junior
โข HCMC - Gyeongsangbuk-do Culture and Tourism Festival
โข Korean Vietnam Partnership - Fair with LG
โข Korean President visits Samsung Electronics R&D Center
โข Vietnam Food Expo with Lotte Wellfood
"๐๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ง๐ญ ๐ข๐ฌ ๐ ๐ฌ๐ญ๐จ๐ซ๐ฒ, ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ฅ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ. ๐๐ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐๐ฅ๐ข๐๐ฏ๐ ๐ญ๐ก๐๐ญ ๐ฌ๐ก๐จ๐ซ๐ญ๐ฅ๐ฒ ๐ฒ๐จ๐ฎ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐จ๐ฎ๐ซ ๐ฌ๐ญ๐จ๐ซ๐ข๐๐ฌ."
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
ย
According to TechSci Research report, โIndia Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030โ, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
ย
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Memorandum Of Association Constitution of Company.pptseri bangash
ย
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
ย
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. Youโll also learn
โข Four (4) workplace discipline methods you should consider
โข The best and most practical approach to implementing workplace discipline.
โข Three (3) key tips to maintain a disciplined workplace.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
ย
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
ย
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
๐ข Email Access
๐ข Bank Added
๐ข Card Verified
๐ข Full SSN Provided
๐ข Phone Number Access
๐ข Driving License Copy
๐ข Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1โช(218) 203-5951โฌ
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
ย
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
2. Buying behavior
Buying Behavior is the
decision processes and acts
of people involved in buying
and using products.
Main factors affecting
Buying Behavior :
1. Personal
2. Cultural
3. Social
3. Retailing in India
๏ถ Retailing in India is one of the pillars of its economy and
accounts for 14 to 15 per cent of its GDP.
๏ถ The Indian retail market is estimated to
be US$ 450 billion and one of the top five retail markets in the
world by economic value.
๏ถ India is one of the fastest growing retail markets in the world,
with 1.2 billion people.
๏ถ Indian Retail is broadly divided into 2 categories viz.
Unorganized Retail and Organized retail
๏ถ In the year 2004, ratio of organized-Unorganized retail was
3:97 which is expected to be 9:91 by 2013.
4. Unorganized Retail includes
the local kirana shops, owner
manned general stores,
paan/beedi shops, convenience
stores, hand cart, etc
On the other hand, organized
retail comprises of hypermarkets
and retail chains, Shopping
malls etc.
5. Deloitte
Says!
๏ถOrganized retail, which constitutes 8 per cent of
the total retail market, will grow much faster than
traditional retail.
๏ถIt is expected to gain a higher share in the
growing pie of the retail market in India.
๏ถVarious estimates put the share of organized retail
as 20 per cent by 2020.
6. Retail Market India
The Indian retail industry has experienced growth of 10.6% between 2010 and 2012
and is expected to increase to USD 750-850 billion by 2015. Food and Grocery is the
largest category within the retail sector with 60 per cent share followed by Apparel
and Mobile segment.
7. Retail Market India (contdโฆ)
Within the organized retail sector, Apparel is the largest segment. โFood and Groceryโ
and โMobile and telecomโ are the other major contributors to this segment.
8. Evolution of Retail Malls in India
Rural
Traditional Government
Support
Weekly Markets
Villages Fairs
Kiranas
Mom and Pop
Khadi Stores
Ration Shops
Modern
Hyper/Super
Department Stores
Shopping malls
9. Types of consumers in Retail mall
Time Killer
Product Groupies
Focused Fulfillers
Pleasure Seeker
General Browsers
11. The trading environment
๏ถ Most consumers take as little as 3
seconds to pass the entrance to your
business.
๏ถ The frontage and fascia, the windows
and the displays all need to arrest the
customers attention.
๏ถ This is why so much investment is
made into new shop fronts because if
the business looks exciting, then there
is a likelihood that the customer will
come in and seek more information
about your products and services.
12. Key factors of consumer motivation
๏ถ Circulation in browsing and self
selection environment.
๏ถ Customerโs physiques.
๏ถ To be able to touch and feel the
merchandise.
๏ถ Grasping Customerโs Attention
13. Factors affecting consumer
behavior
๏ถ Greed: Drives a customer to purchase more than what he or she need. A wide
range of options, better products, and lower prices generate the increased desire
to purchase.
๏ถ Fear to loose opportunity: Higher purchase is driven by the fear that current
price offer may not be available for long-time and thus the product has to be
purchased at once.
๏ถ Envy or Demonstration Effect: Envy sets in when a customer sees others buying
and making the best out of deal.
๏ถ Price-value Equation: It is believed that Average Indian customer is highly PriceSensitive and looks for savings in terms of money in their grocery purchase.
๏ถ Private-Label Brands: In India the concept of Private-Label Brand is in its nascent
stage and customers still rely on branded product.
14. Some key observations
๏ถ Lower income Indians feel alienated in the shiny environment of modern retail
stores.
๏ถ Lower income Indians move and find lot of comfort in crowds, so they
normally hesitate in visiting the stores having broader area coverage.
๏ถ It is observed during the research that given the right environment and a
correct emotional connect with customers, anything is possible , as Big Bazaar
did by celebrating โSabse Sasta Dinโ , on 26th January and attracted the
unexpected crowd.
๏ถ Customers feel conservative to buy fruits & Vegetable from air-conditioned
supermarkets.
๏ถ Customers looked into Price-Value equation. Most of the retailers report that
customers were very much conscious for the value, and they usually compared
the value sacrificed & received.
15. Some key observations (contdโฆ)
๏ถ Retailers often overlook the schemes & offerings expected by the customers
and tried to impose their own offerings upon customers which ultimately
cause the dissatisfaction.
๏ถ Shopkeepers dealing in apparels, accessories, & other items reported that
they were able to attract the Customers but conversion rate is not more than
30-40% which is again very alarming and a matter of high concern.
๏ถ Shopkeepers dealing in food items & Vegetables report that:
๏ผ Customers for food items always expect hyper discounts & offers.
๏ผ Where as customers for vegetables still believe in the past notion that
vegetables sold in the open market are fresh.
๏ถ Shopkeepers dealing in jewelry items reported that in case of unbranded
jewelry items Indian customers still rely on their traditional jewelry
merchant only.
17. References and Bibliography
Zenith international journal of multidisciplinary research vol.2 issue 1,
January 2012, issn 2231 5780
Consumer behavior in the Indian retail sector, international institute of
learning in management, New Delhi, lc code- 850
Consumer buying behavior based on demography from brain ware school
of business Barasat, Kolkata, W.B.
Indian Retail Market Opening more doors, ยฉ2013 Deloitte Touche
Tohmatsu India Private Limited. Member of Deloitte Touche Tohmatsu
Limited