Retailer financial strategy integrates financial objectives and goals to develop a sustainable competitive advantage and generate desirable profits. Objectives include financial goals like earning profits, societal goals like providing jobs and benefits, and personal goals like self-gratification. The strategic profit model summarizes factors like net profit margin, asset turnover, customer returns, and gross margin that affect financial performance. Assets management analyzes the balance sheet, including current assets that can be converted to cash within a year and fixed assets with long-term usefulness. Performance is measured through objectives focusing on quantity and quality, timeliness, accountability, and store operation metrics like merchandise placement.
Types of Retail locations, its importance and Decisions making.
Types
1. Freestanding or isolated store location
2. Part of a business center
3. Part of a shopping center
Channel Information Systems
Purpose
Information - Advantages
Classification of Information
Information Process
Developing a Channel MIS
Use of Information
Sources of Data
Competition Tracking
Elements of a Channel Information System
Channel Performance Evaluation
IT System for Channels
Intensive Distribution
Retail Shopper Behaviour, process of consumer buying in retail, Need recognition, stimulating need recognition, information search, types of buying decision
Types of Retail locations, its importance and Decisions making.
Types
1. Freestanding or isolated store location
2. Part of a business center
3. Part of a shopping center
Channel Information Systems
Purpose
Information - Advantages
Classification of Information
Information Process
Developing a Channel MIS
Use of Information
Sources of Data
Competition Tracking
Elements of a Channel Information System
Channel Performance Evaluation
IT System for Channels
Intensive Distribution
Retail Shopper Behaviour, process of consumer buying in retail, Need recognition, stimulating need recognition, information search, types of buying decision
Retail Management Notes, Basics of Retail Management, Classification of Retailers, Types of Retailers, Scope of Retailing, Functions of Retailers, Role of Retailers in Distribution Channel, Indian retailscape, organized and Unorganized Retailers,
Retail Sore, Store management, Responsibilities of store manager, Store objectives, Store design, Principles of store design, Layout, Types of layout, Signage, Feature Areas
Theories of retailing, theories of retail development,
Retail Life Cycle, Environmental Theory, Cyclical Theory - Wheel of retailing, phases of retail development, Accordion theory
This presentation gives an overview about the concept of Category Management in Retail. It covers topic such as Visual Merchandising, Planogram, CM in Grocery Store vs Apparel Store
Retail Management Notes, Basics of Retail Management, Classification of Retailers, Types of Retailers, Scope of Retailing, Functions of Retailers, Role of Retailers in Distribution Channel, Indian retailscape, organized and Unorganized Retailers,
Retail Sore, Store management, Responsibilities of store manager, Store objectives, Store design, Principles of store design, Layout, Types of layout, Signage, Feature Areas
Theories of retailing, theories of retail development,
Retail Life Cycle, Environmental Theory, Cyclical Theory - Wheel of retailing, phases of retail development, Accordion theory
This presentation gives an overview about the concept of Category Management in Retail. It covers topic such as Visual Merchandising, Planogram, CM in Grocery Store vs Apparel Store
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
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Introduction to Sales Management – The Sales Organization
– Determining Sales Related Marketing Policies – Sales
Functions and Policies – International Sales Management
– Personal Selling.
Sales Planning – Sales Budgets – Estimating Market
Potential and Forecasting Sales – Sales Quotes – Sales &
Cost Analysis, Sales Force Management: Hiring and Training Sales
Personnel – Time and Territory Management –Compensating Sales Personnel – Motivating the Sales Force
– Leading the Sales Force – Evaluating Sales Force
Performance.
Marketing Logistics - Distribution as Marketing Mix
Element – Distribution Resource Planning – Marketing
Channel Integration – Channel Management – Nature of
Marketing Channels – Evaluating Channel Performance-
Specialized Techniques in selling – Tele Marketing – Web
Marketing
Distribution Cost Analysis: Managing Channel Conflicts –
Channel Information Systems – Wholesaling – Retailing –
Ethical And Social Issues in Sales and Distribution
Management.
In this presentation, we will help you to understand the suitable finance strategies and favorable location strategies for retail segment. We will cover strategic profit model, profit path, turnover path, activity based costing and return on assets for retailers. We will also talk about setting goal performance and performance measures that retailers should adopt.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Importance of financial management
Overview of Financial Management
Time Value Of Money
Cost of capital
International Financial Management
Return and Risk
Valuation of financial instruments
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
Business Finance: Introduction to Business Finance, Meaning and Definition of Financial Management, Objectives of Financial Management- (Profit Maximization and Wealth Maximization), Modern Approach to Financial Management- (Investment Decision, Financing Decision, Dividend Policy Decision), Finance and its relation with other disciplines, Functions of Finance Manager
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Phyto-Pharmacological Screening, New Strategies for evaluating
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1. Chapter 06 Retailer financial
strategy
what is the retailer financial strategy.
Retailer financial strategy integrate the retailer
financial objective and goal, which retailer
develop their strategy to build a sustainable
competitive advantage to generate a desirable
profit.
2. Con….
Retailer objective and goal. the first step in retailer
strategic planning is to set objective, Goals ‘“goal are
long-term aims that you want to accomplish.
Objectives ‘“ that can be achieved by following a
certain number of steps
there are different objective which retailer set it in the
planning stage.
(1) Financial objective..when assessing financial
performance, most business focus to earn profit, what
were the retailer profit ,such as profit of the last year
and what will they be this year and into the future.
3. (2) Societal objective
Societal object of the retailer related to broader
issue about providing benefits to society, for
example retailer might be concerned about
providing job opportunity for people in a
particular area. other societal objective might
include offering unique merchandise ,as well
as providing innovative services which
improve personal health, such as weight
reduction program .
4. (3) Personal objective.
Many retailer particular owner of small,
independent businesses, have important
personal objective ,including self gratification
,status ,and respect., whereas personal and
societal objectives are important but the
primary focus of any retailer to achieve our
financial object.
5. Strategic profit model
The strategic profit model is a method which
summarizing the factor that affect a firm financial
performance. these factor are,
(1) Net profit margin…… simply how much profit
(after tax) a firm earn it.
(2) Assets turnover……… assets turnover is the
retailer net sales divided by its total assets. this
financial arrangement measuring the
productivity of a firm. it means how many sales
dollar are generated by this total amount of
assets.
6. Con………….
(3) Customer return..customer return represent
the value of merchandise that customer
return in the form of purchasing merchandise.
(4) Gross margin…gross margin also called gross
profit.net sales minus cost of good sold.
7. Assets management path
The information used to analyze a retailer assets
management path primary comes from the firm
balance sheet. Balance sheet represent the
retailer financial position at a given point in time.
it represent assets liabilities and owner equities.
(1) Current assets…..by accounting definition
current assets are those assets that can be
normally converted into cash within one year.
such as account receivable .inventory and so on.
8. (2) Fixed assets
• An asset with a long-term useful life that a
company uses to make its products or provide
its services. Strictly speaking, a fixed asset that
business can not want to sell it quickly.
9. Setting and measuring performance
objectives.
Performance measurement helps determine the
progression of employees. Performance
measurement can be used in a wide variety of
industries to measure the progress of employees.
By measuring performance, a supervisor can
determine whether or not goals are being met. To
effectively monitor performance, you must set
following certain objectives.
10. Con….
• Quantity/Quality
– One of the main objectives in performance
management in a retail environment is to determine
the ratio of quantity to quality. Managers should
establish a short-term selling goal for an employee.
This could be a weekly or monthly goal. For a new
employee, set the goal low so the employee can take
the time to effectively learn selling methods and
product knowledge without feeling pressured to sell a
vast number of products.
11. Con…..
• Timeliness
Recording the amount of time it takes an
employee to complete a task is a vital
performance measurement tool. The objective
in recording the timeliness of employees is to
help point out potential problem area.
12. (3) accountability
At each level of the business retailer need to
accountable the total expenses, per day
expenses as well as per year .
(4) Store operation measurement….the critical
assets controlled by store management are
the use by store space that how many
merchandise we need it and where we need
to place it.