The document discusses the history and growth of organized retailing in India. It began slowly in the 1980s with companies like Bombay Dyeing, Raymonds, and S kumar's. TITAN established elegant showrooms and successfully created an organized retailing concept in India. The Indian retail market is currently estimated at $600 billion and expected to reach $1 trillion by 2020, with food being the largest segment. Effective forecasting, strong finances, stock control, good marketing, and customer service are keys to success in retail, while low growth, high costs, wrong pricing, and failure to adapt to changing consumer behavior can lead to challenges.
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. India’s 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".
Retail Shopper Behaviour, process of consumer buying in retail, Need recognition, stimulating need recognition, information search, types of buying decision
Retail Sore, Store management, Responsibilities of store manager, Store objectives, Store design, Principles of store design, Layout, Types of layout, Signage, Feature Areas
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. India’s 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".
Retail Shopper Behaviour, process of consumer buying in retail, Need recognition, stimulating need recognition, information search, types of buying decision
Retail Sore, Store management, Responsibilities of store manager, Store objectives, Store design, Principles of store design, Layout, Types of layout, Signage, Feature Areas
International Journal of Business and Management Invention (IJBMI)inventionjournals
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.
This Diwali, let’s celebrate disruption! There are tons of startups in India, but few are industry changers. Some entrepreneurs are working to change the way we travel, pay for things, listen to music, and share news. Here are some innovative startups that have changed the way we do things.
This presentation was used in a national level ecommerce seminar held in Hyderabad on 27th Feb 2015. This seminar was the initiative of the RBVRRIT college Abids
The seminar is all about the "E-commerce impact on the economic development"
Licensing In India Is simple yet quite complex. This presentation will help you to understand the key factors & current market trend to protect your brand / enter the India market.
You may follow more of this on my website: www.licensingcorner.com | www.animationdigitaldigest.com
-Commerce in India has been one of the bright spots in Indian economy compares to the gloom in most other sectors in India. Almost entirely led by first generation entrepreneurs e-commerce has the potential to transform manufacturing, logistics, warehousing, retailing in the same way IT and ITeS companies changed the information technology services industry globally. Like IT and ITeS, e-commerce industry can create millions of jobs in India and establish India as the place to set up manufacturing. All governments since 1999 have been actively promoting IT and ITeS industry because of its potential to create jobs.
2. People exchanged services and goods for other
services and goods in return
3.
4.
5. India using airbus, mobile
Tab, pc, laptop etc
Huge change in our life
Metro rail way
Mars Orbiter Mission
Missile man
6. Always have a vision and a clear goal before taking the next
step.
Start every day with a challenge, this will keep you
motivated
Take risks and learn from your own experience
You cannot worry too much about the faults you've done in
the past, move on. To achieve great things in the future
Knowledge is lost without putting it into practice
7.
8. 1980 ‘s
Organised retailing in India slowly began
Among the first companies were Bombay Dyeing,
Raymonds, S kumar’s and Grasim.
TITAN:
A market of premium watches that successfully created
an organised retailing concept in India` by
establishing a series of elegant showrooms .
9.
10. The Indian retail market is currently estimated at USD
600 billion,(2020 expected $1 trillion)
Food segment contribution largest part of total value of
retail market.
Expected in the year of 2018, India will 12th largest luxury
retail market in the world.
Retail has become largest source of employment.
11.
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14. Effective forecasting
Strong balance sheet
Stock control
Market position
Creating system in retail
Hiring right employees
Good marketing
Customer service
15.
16. Low growth consumer markets
Unable to control cost
Wrong price image
Supply chain disruptions
Failure to respond, shifting consumer behaviour
E-commerce