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RETAIL
MARKETING
UNIT IV RETAIL SHOP
MANAGEMENT
Visual Merchandise Management –
Space Management – Retail Inventory
Management – Retail accounting and
audits - Retail store brands – Retail
advertising and promotions – Retail
Management Information Systems -
Online retail – Emerging trends .
What is visual
merchandising
Objectives
Visual Merchandise Management
Space
Management
–we should
follow
While allocating the space to various products, the managers
need to consider the following points −
Product Category −
• Profit builders − High profit margins-low sales
products. Allocate quality space rather than quantity.
• Star performers − Products exceeding sales and profit
margins. Allocate large amount of quality space.
• Space wasters − Low sales-low profit margins
products. Put them at the top or bottom of shelves.
• Traffic builders − High sales-low profit margins
products. These products need to be displayed close to
impulse products.
• Size, shape, and weight of the product.
• Product adjacencies − It means which products can coexist
on display?
• Product life on the shelf.
Types of shop layouts
Grid Layout −
Mainly used in
grocery stores.
Loop Layout −
Used in malls
and
departmental
stores
Free Layout −
Followed
mainly in
luxury retail or
fashion stores.
Design need to
concentrate
•Interior design
•Exterior design
Retail accounting and audits
Retail brands
Retail advertising and promotions
Print ads, TV commercials, social media,
Offers and
discounts
online ads Infrastructure Create events etc
to reach their
target audience
and encourage
them to purchase.
Trends in
Retail
UNIT V RETAIL SHOPPER
BEHAVIOUR
Understanding of Retail shopper behavior –
Shopper Profile Analysis – Shopping Decision
Process - Factors influencing retail shopper
behavior – Complaints Management - Retail sales
force Management – Challenges in Retailing in
India.
Understanding
of Retail
shopper
behavior
Understanding
of Retail
shopper
behavior
How they buy?
Shopper
profile
analysis
types of
shopper
Shopper profile
analysis
Analysis of
Shopper needs
and types
– Shopping
Decision
Process
COMPLAINT MANAGEMENT
Challenges and opportunities in Retailing in India.
Lack of Technology Adoption.
Lack of Infrastructure and Logistics. ...
Scarcity of Skilled Workforce. ...
Frauds in Retail. ...
Inefficient Supply Chain Management. ...
Price War. ...
Cultural Diversity. ...
Complexity in Tax Structure.
Thank You

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