SlideShare a Scribd company logo
Store Operation Process
STORE OPERATION PROCESS
• Defined as principles, processes and
procedure of operating a store
RECEIPT OF GOODS
• The receiving process is concerned with record keeping,
inspection, marking & storage of goods
• Basic principles
– To ensure that the goods conform to buyers order.
– To ensure that the goods conform with the charge made for them
– To expedite the speedy transmission of goods to the Point of Sale.
RECEIPT OF GOODS
• Procedures
– Admittance only of properly authorized consignments
– Preliminary inspection of containers and outers for apparent signs of damages
or pilferage
– Collating of consignment documents and invoices with copy orders for correct
payments
– Prompt handling of claims for loss or damage in transit
– Return of goods:
• Non compilations with samples, return specifications, general standards, price, style ,
color or characteristic.
• Wrong Quantity or incomplete goods
• Late Delivery when definite delivery date been specified and agreed by supplier
RECEIPT OF GOODS
• Marking: The objective of marking is to record merchandise
information on the article itself or on its container. The
information may be used by:-
– Staff
– Customers
Advantages
– Aid to the sales person in serving the customer
– Encourage customers to serve themselves reducing sales efforts
– Helps in taking physical inventory
RECEIPT OF GOODS
• Methods of Marking
– Hand Marking
– Rubber Stamp marking
– Price Tickets
• Strings Tags
• Slip Folds
• Pin Tickets
• Gummed Labels
• Button tags
RECEIPT OF GOODS
• PACKAGING
• Checking the packaging of material with package commodity
rules
– Name of the Manufacturing
– Manufactured date
– Expiry Date
– Date of packaging
– Contents
– Veg/ Non Veg
– Food value
PLACEMENT OF GOODS
• Rack stacking
• Front-end merchandising
• Visual Merchandising • Dump display
• Price display
• Discount display
• Brand display
• USP display
• Vertical display
• Eye level display
• Group display
• Left to right display
• Top to bottom display
• According to shopping list
• According to use of signage
• Food/strong smelling
PLACEMENT OF GOODS
• Rack stacking
Visual Merchandising
• Visual: To make competencies visual for customers
• Merchandising: All Measures which support sales
Visual Merchandising is to send visual and emotional loaded
messages to customers which support pleasure of shopping activity.
• It Educates the customers, creates desire and finally augments the
selling process.
Visual Merchandising- Incorrect Way
Visual Merchandising- Correct Way
Discount Display
Placement of Goods
Brand Display
Placement of goods
Price Display Vertical Display
PLACEMENT OF GOODS
Eye Level Display Brand Display
Placement of Goods
DUMP DISPLAY
PROMOTION
• Definition
– It is constant effort to increase or promote the level of sales.
• Reasons
– Increase sales
– Increase market share
– Pull down your competitor
– Event based
70% of the goods sell in discounts, only 30% sell in fixed price
PROMOTION STRATEGIES
• Event based promotion
• USP (purchase worth Rs 1000, get 1 litre oil free)
• Discounts
• Cross Promotion
• (eg buy one get one free),
• (Buy 1 get 1 cinema ticket free
TOOLS OF SALES PROMOTION
• Hand bills (eg: Pamphlets)
• Placards
• Discounts
• Mass displays (eg: dump display)
• Multiple product promotions eg: 2 or more products sold together
• Multi packs (eg: 5 packets of Maggie sold at a price of 4)
TOOLS OF SALES PROMOTION
• Price Promotions eg: half yearly SALE
• Store loyalty cards/trading stamps
• Free gifts
• Buy one get one free
• Coupons
TECHNIQUES OF PRICING
 Markup
 Mark down
 Market Price
 Active Price
 Odd Price / Psychlogical Price eg: Bata
TECHNIQUES OF PRICING
 Leadership Price (Penetration Price)
 Loss Leader Price
 Lot Price eg: Dollar store
 Discount Price
 Bargain Price
 Discriminatory Price (eg: wholesaler / Retailer)
 Strategic Price eg: Dmart
THANK YOU

More Related Content

Viewers also liked

Sales Promotion – Parachute Oil
Sales Promotion – Parachute OilSales Promotion – Parachute Oil
Sales Promotion – Parachute OilShahzad Khan
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation ProcessShahzad Khan
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation ProcessShahzad Khan
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation ProcessShahzad Khan
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation ProcessShahzad Khan
 
Sales Promotion, Parachute Oil
Sales Promotion, Parachute OilSales Promotion, Parachute Oil
Sales Promotion, Parachute OilShahzad Khan
 
Topic 2
Topic 2Topic 2
Topic 2
monuupadhyay
 
Mutual fund simplified
Mutual fund simplifiedMutual fund simplified
Mutual fund simplified
Parveen Bano
 
Web service promotion
Web service promotionWeb service promotion
Web service promotionShahzad Khan
 
Launch Telecom Operator
Launch Telecom OperatorLaunch Telecom Operator
Launch Telecom OperatorShahzad Khan
 
Sales promotion – parachute oil
Sales promotion – parachute oilSales promotion – parachute oil
Sales promotion – parachute oilShahzad Khan
 
Toyota Way Fieldbook
Toyota Way FieldbookToyota Way Fieldbook
Toyota Way FieldbookShahzad Khan
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation ProcessShahzad Khan
 
social stratification
social stratificationsocial stratification
social stratification
Parveen Bano
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation ProcessShahzad Khan
 
our behaviour is the foundation of our attitude and self perception
our behaviour is the foundation of our attitude and self perceptionour behaviour is the foundation of our attitude and self perception
our behaviour is the foundation of our attitude and self perceptionParveen Bano
 
toyota prius : leading a wave of wing
 toyota prius : leading a wave of wing toyota prius : leading a wave of wing
toyota prius : leading a wave of wing
Parveen Bano
 
Retail Merchandising
Retail MerchandisingRetail Merchandising
Retail MerchandisingShahzad Khan
 

Viewers also liked (20)

Sales Promotion – Parachute Oil
Sales Promotion – Parachute OilSales Promotion – Parachute Oil
Sales Promotion – Parachute Oil
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation Process
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation Process
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation Process
 
Kbl water pumps
Kbl   water pumpsKbl   water pumps
Kbl water pumps
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation Process
 
Sales Promotion, Parachute Oil
Sales Promotion, Parachute OilSales Promotion, Parachute Oil
Sales Promotion, Parachute Oil
 
Topic 2
Topic 2Topic 2
Topic 2
 
Mutual fund simplified
Mutual fund simplifiedMutual fund simplified
Mutual fund simplified
 
Web service promotion
Web service promotionWeb service promotion
Web service promotion
 
Launch Telecom Operator
Launch Telecom OperatorLaunch Telecom Operator
Launch Telecom Operator
 
Sales promotion – parachute oil
Sales promotion – parachute oilSales promotion – parachute oil
Sales promotion – parachute oil
 
Toyota Way Fieldbook
Toyota Way FieldbookToyota Way Fieldbook
Toyota Way Fieldbook
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation Process
 
bajaj alliance
bajaj alliance bajaj alliance
bajaj alliance
 
social stratification
social stratificationsocial stratification
social stratification
 
Store Operation Process
Store Operation ProcessStore Operation Process
Store Operation Process
 
our behaviour is the foundation of our attitude and self perception
our behaviour is the foundation of our attitude and self perceptionour behaviour is the foundation of our attitude and self perception
our behaviour is the foundation of our attitude and self perception
 
toyota prius : leading a wave of wing
 toyota prius : leading a wave of wing toyota prius : leading a wave of wing
toyota prius : leading a wave of wing
 
Retail Merchandising
Retail MerchandisingRetail Merchandising
Retail Merchandising
 

Similar to Store Operation Process

process of store operation
 process of store operation process of store operation
process of store operation
Rahul kalyani
 
Redespresso presentation
Redespresso presentationRedespresso presentation
Redespresso presentationRedespresso
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
Indranil Bhattacharjee
 
merchandising1.pptx
merchandising1.pptxmerchandising1.pptx
merchandising1.pptx
PriyanshiGupta21488
 
product life cycle
product life cycleproduct life cycle
product life cycle
narman1402
 
Product-Strategy-and-Product-Life-Cycle.pdf
Product-Strategy-and-Product-Life-Cycle.pdfProduct-Strategy-and-Product-Life-Cycle.pdf
Product-Strategy-and-Product-Life-Cycle.pdf
RehanPasha7
 
Retail Merchandising Planning
Retail Merchandising PlanningRetail Merchandising Planning
Retail Merchandising Planning
SHAHBAAZ AHMED
 
Product management
Product managementProduct management
Product management
Abdu Nasir H
 
Assignment 6.1 _consumer panel & retail audit _Duong _ Ngan
Assignment 6.1 _consumer panel & retail audit _Duong _ NganAssignment 6.1 _consumer panel & retail audit _Duong _ Ngan
Assignment 6.1 _consumer panel & retail audit _Duong _ NganDuong Luong
 
Marketing - Products
Marketing - ProductsMarketing - Products
Marketing - Productstutor2u
 
Marketing mix
Marketing mixMarketing mix
Marketing mix
Manish Kumar
 
Products.pptx
Products.pptxProducts.pptx
Products.pptx
anand unnithan
 
8.sales promotion
8.sales promotion 8.sales promotion
8.sales promotion
panda aditi
 
marketing.pdf
marketing.pdfmarketing.pdf
marketing.pdf
syedmohd9
 
Product and Merchandise management
Product and Merchandise managementProduct and Merchandise management
Product and Merchandise management
Tata Consultancy Services
 
PRODUCT LIFE CYCLE, Marketing Management, Product mix
PRODUCT LIFE CYCLE, Marketing Management, Product mixPRODUCT LIFE CYCLE, Marketing Management, Product mix
PRODUCT LIFE CYCLE, Marketing Management, Product mix
ayushigupta300
 

Similar to Store Operation Process (20)

process of store operation
 process of store operation process of store operation
process of store operation
 
Concepts of pdts intrdn
Concepts of pdts intrdnConcepts of pdts intrdn
Concepts of pdts intrdn
 
Redespresso presentation
Redespresso presentationRedespresso presentation
Redespresso presentation
 
Marketing mix p’s of marketing
Marketing mix p’s of marketingMarketing mix p’s of marketing
Marketing mix p’s of marketing
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
 
merchandising1.pptx
merchandising1.pptxmerchandising1.pptx
merchandising1.pptx
 
product life cycle
product life cycleproduct life cycle
product life cycle
 
Product-Strategy-and-Product-Life-Cycle.pdf
Product-Strategy-and-Product-Life-Cycle.pdfProduct-Strategy-and-Product-Life-Cycle.pdf
Product-Strategy-and-Product-Life-Cycle.pdf
 
Retail Merchandising Planning
Retail Merchandising PlanningRetail Merchandising Planning
Retail Merchandising Planning
 
Product management
Product managementProduct management
Product management
 
Assignment 6.1 _consumer panel & retail audit _Duong _ Ngan
Assignment 6.1 _consumer panel & retail audit _Duong _ NganAssignment 6.1 _consumer panel & retail audit _Duong _ Ngan
Assignment 6.1 _consumer panel & retail audit _Duong _ Ngan
 
Marketing - Products
Marketing - ProductsMarketing - Products
Marketing - Products
 
Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Product life cycle 1
Product life cycle  1Product life cycle  1
Product life cycle 1
 
Product life cycle
Product life cycle Product life cycle
Product life cycle
 
Products.pptx
Products.pptxProducts.pptx
Products.pptx
 
8.sales promotion
8.sales promotion 8.sales promotion
8.sales promotion
 
marketing.pdf
marketing.pdfmarketing.pdf
marketing.pdf
 
Product and Merchandise management
Product and Merchandise managementProduct and Merchandise management
Product and Merchandise management
 
PRODUCT LIFE CYCLE, Marketing Management, Product mix
PRODUCT LIFE CYCLE, Marketing Management, Product mixPRODUCT LIFE CYCLE, Marketing Management, Product mix
PRODUCT LIFE CYCLE, Marketing Management, Product mix
 

More from Shahzad Khan

Rural marketing capital inputs Agriculture
Rural marketing capital inputs AgricultureRural marketing capital inputs Agriculture
Rural marketing capital inputs AgricultureShahzad Khan
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix StrategyShahzad Khan
 
Use of Integrated Promotional Strategies to Achieve Sales Targets
Use of Integrated Promotional Strategies to Achieve Sales TargetsUse of Integrated Promotional Strategies to Achieve Sales Targets
Use of Integrated Promotional Strategies to Achieve Sales TargetsShahzad Khan
 
Regional Integration
Regional IntegrationRegional Integration
Regional IntegrationShahzad Khan
 
New Product Development
New Product DevelopmentNew Product Development
New Product DevelopmentShahzad Khan
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix StrategyShahzad Khan
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix StrategyShahzad Khan
 
Rural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - AgricultureRural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - AgricultureShahzad Khan
 
Rural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - AgricultureRural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - AgricultureShahzad Khan
 
RURAL MARKETING Capital Inputs - Agriculture
RURAL MARKETING Capital Inputs - AgricultureRURAL MARKETING Capital Inputs - Agriculture
RURAL MARKETING Capital Inputs - AgricultureShahzad Khan
 
Business Promotion
Business PromotionBusiness Promotion
Business PromotionShahzad Khan
 
Restaurant Promotion
Restaurant PromotionRestaurant Promotion
Restaurant PromotionShahzad Khan
 

More from Shahzad Khan (16)

Rural marketing capital inputs Agriculture
Rural marketing capital inputs AgricultureRural marketing capital inputs Agriculture
Rural marketing capital inputs Agriculture
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix Strategy
 
Use of Integrated Promotional Strategies to Achieve Sales Targets
Use of Integrated Promotional Strategies to Achieve Sales TargetsUse of Integrated Promotional Strategies to Achieve Sales Targets
Use of Integrated Promotional Strategies to Achieve Sales Targets
 
Sales Forecasting
Sales ForecastingSales Forecasting
Sales Forecasting
 
Regional Integration
Regional IntegrationRegional Integration
Regional Integration
 
Poverty in India
Poverty in IndiaPoverty in India
Poverty in India
 
New Product Development
New Product DevelopmentNew Product Development
New Product Development
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix Strategy
 
Kbl water pumps
Kbl   water pumpsKbl   water pumps
Kbl water pumps
 
Global Marketing Mix Strategy
Global Marketing Mix StrategyGlobal Marketing Mix Strategy
Global Marketing Mix Strategy
 
Rural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - AgricultureRural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - Agriculture
 
Rural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - AgricultureRural Marketing - Capital Inputs - Agriculture
Rural Marketing - Capital Inputs - Agriculture
 
RURAL MARKETING Capital Inputs - Agriculture
RURAL MARKETING Capital Inputs - AgricultureRURAL MARKETING Capital Inputs - Agriculture
RURAL MARKETING Capital Inputs - Agriculture
 
Business Promotion
Business PromotionBusiness Promotion
Business Promotion
 
Treaty Shopping
Treaty ShoppingTreaty Shopping
Treaty Shopping
 
Restaurant Promotion
Restaurant PromotionRestaurant Promotion
Restaurant Promotion
 

Recently uploaded

Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
HumanResourceDimensi1
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
KaiNexus
 

Recently uploaded (20)

Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
 

Store Operation Process

  • 2. STORE OPERATION PROCESS • Defined as principles, processes and procedure of operating a store
  • 3. RECEIPT OF GOODS • The receiving process is concerned with record keeping, inspection, marking & storage of goods • Basic principles – To ensure that the goods conform to buyers order. – To ensure that the goods conform with the charge made for them – To expedite the speedy transmission of goods to the Point of Sale.
  • 4. RECEIPT OF GOODS • Procedures – Admittance only of properly authorized consignments – Preliminary inspection of containers and outers for apparent signs of damages or pilferage – Collating of consignment documents and invoices with copy orders for correct payments – Prompt handling of claims for loss or damage in transit – Return of goods: • Non compilations with samples, return specifications, general standards, price, style , color or characteristic. • Wrong Quantity or incomplete goods • Late Delivery when definite delivery date been specified and agreed by supplier
  • 5. RECEIPT OF GOODS • Marking: The objective of marking is to record merchandise information on the article itself or on its container. The information may be used by:- – Staff – Customers Advantages – Aid to the sales person in serving the customer – Encourage customers to serve themselves reducing sales efforts – Helps in taking physical inventory
  • 6. RECEIPT OF GOODS • Methods of Marking – Hand Marking – Rubber Stamp marking – Price Tickets • Strings Tags • Slip Folds • Pin Tickets • Gummed Labels • Button tags
  • 7. RECEIPT OF GOODS • PACKAGING • Checking the packaging of material with package commodity rules – Name of the Manufacturing – Manufactured date – Expiry Date – Date of packaging – Contents – Veg/ Non Veg – Food value
  • 8. PLACEMENT OF GOODS • Rack stacking • Front-end merchandising • Visual Merchandising • Dump display • Price display • Discount display • Brand display • USP display • Vertical display • Eye level display • Group display • Left to right display • Top to bottom display • According to shopping list • According to use of signage • Food/strong smelling
  • 9. PLACEMENT OF GOODS • Rack stacking
  • 10. Visual Merchandising • Visual: To make competencies visual for customers • Merchandising: All Measures which support sales Visual Merchandising is to send visual and emotional loaded messages to customers which support pleasure of shopping activity. • It Educates the customers, creates desire and finally augments the selling process.
  • 13. Discount Display Placement of Goods Brand Display
  • 14. Placement of goods Price Display Vertical Display
  • 15. PLACEMENT OF GOODS Eye Level Display Brand Display
  • 17. PROMOTION • Definition – It is constant effort to increase or promote the level of sales. • Reasons – Increase sales – Increase market share – Pull down your competitor – Event based 70% of the goods sell in discounts, only 30% sell in fixed price
  • 18. PROMOTION STRATEGIES • Event based promotion • USP (purchase worth Rs 1000, get 1 litre oil free) • Discounts • Cross Promotion • (eg buy one get one free), • (Buy 1 get 1 cinema ticket free
  • 19. TOOLS OF SALES PROMOTION • Hand bills (eg: Pamphlets) • Placards • Discounts • Mass displays (eg: dump display) • Multiple product promotions eg: 2 or more products sold together • Multi packs (eg: 5 packets of Maggie sold at a price of 4)
  • 20. TOOLS OF SALES PROMOTION • Price Promotions eg: half yearly SALE • Store loyalty cards/trading stamps • Free gifts • Buy one get one free • Coupons
  • 21. TECHNIQUES OF PRICING  Markup  Mark down  Market Price  Active Price  Odd Price / Psychlogical Price eg: Bata
  • 22. TECHNIQUES OF PRICING  Leadership Price (Penetration Price)  Loss Leader Price  Lot Price eg: Dollar store  Discount Price  Bargain Price  Discriminatory Price (eg: wholesaler / Retailer)  Strategic Price eg: Dmart