The document discusses two industries: global retailing and civil aero-engine manufacturing. It first describes the global retail strategic groups and leading companies to establish competitors. It then performs a PESTEL industry analysis to cover 7 key trends and a CAGE framework to introduce barriers between countries for both industries. Finally, it shows Yip's drivers of globalization to describe factors driving globalization in global retailing and civil aero-engine manufacturing.
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
Pros And Disadvantages Of Retailing
1. Pros And Disadvantages Of Retailing
Which business considers every individual as a customer? Which business accounts for more than 10% of the worldwide labour force and is the single
largest industry in most nations? What is common between Wal–Mart, Big Bazaar, Flipkart, and the neighbourhood kirana stores? The answer is
retailing. Retailing is the last link in the chain of distribution. The distribution of consumer products begins with the producer and ends at the ultimate
consumer. Between the producer and the consumer there is a middleman – the retailer, who links the producers and the ultimate consumers.
Retailing has become such an intrinsic part of our everyday lives that it is often taken for granted. The nations that have enjoyed the greatest economic
and social progress ... Show more content on Helpwriting.net ...
Therefore in order to survive in retailing, a firm must do a satisfactory job in its primary role i.e., catering to its customers.
According to Philip Kotler: "Retailing includes all the activities involved in selling goods or Services to the final consumers for personal, non–business
use." A retailer or retail store is any business enterprise whose sale volume comes primarily from retailing. Any organisation selling to final consumers
whether it is a manufacturer, wholesaler or retailer is doing retailing It does not matter how the goods and services are sold (by person, mail,
telephone, vending machine or internet or where there are sold – in a store, on the street or in the consumer's home)".
The word retail is derived from the French word 'retaillier', which means to cut off a piece or to break the bulk. A retailer may be defined, as a
'dealer or trader who sells goods in small quantities' or 'one who repeats or relates'. Retailing thus may be understood as the final step in the distribution
of merchandise, for consumption by the end consumers. Put simply, a firm that sells products to the final consumer is performing the function of
retailing. It thus consists of all activities involved in the marketing of goods and services directly to the consumers for their personal, family or
household
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2. Issues in Retail Management
Issues in Retail Management
The choice of a suitable retail category to investigate the issues affecting the retail environment is crucial, and it should be representational in nature.
This is essential because the rest of the retail categories can apply the recommendations for overcoming the issues. The retail category that can be
useful in exploring the issues affecting module themes of global and international retailing, sustainability and ethics, and technology and retailing is
foodstuffs and consumables. This retail category is at a better position to explore the module themes because it has a broad market. For instance, it is
also essential to note there are no geographical barriers restricting people on the food that they consume, sustainability is an important aspect of
foodstuffs and consumables category, and the use of technology in retailing has had a significant impact on the retail category.
In addition, there are ethical issues that affect the retail of foodstuffs and consumables that retailers need to address in order to achieve a competitive
edge in the market. This retail category represents the rest of the categories because all issues relating to all the themes of the module affect it and any
recommendations from this examination may be useful to the rest of the retail categories.
A number of issues have an influence on the three themes of retailing, and these issues can affect the retailing industry as a whole. For the global and
international
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3. An Investigation Of Purchasing Conduct Of Retail Clients...
CERTIFICATE I Dr. Preeti garg thus confirm that Sachin Yadav understudy of Bachelor of Commerce at Amity College of Commerce & Finance,
Amity University Uttar Pradesh has finished the Term Paper on "An investigation of purchasing conduct of retail clients in Big Bazaar", under my
direction. Dr.preeti garg ACKNOWLEDGEMENT With my immense and heartful gratitude I place on record the efforts, inspiring guidance and
constant supervision of Dr. Preeti garg in bringing up my project work. I am thankful for giving me her valuable advice and guidance towards
fulfilment of the project . I want to express my deep gratitude to our institution Amity College Of Commerce And Finance, Noida, for giving me the
opportunity to undertake this project and enhance my knowledge. Finally I would like to convey my heartiest thanks to all my well–wishers for their
blessing and co–operation throughout my study. They boosted me up every day to work with a new and high spirit. Sachin Yadav CONTENTS
CHAPTER CHAPTER–1 INTRODUCTION CHAPTER–2 REVIEW OF LITERATURE CHAPTER–3 OBJECTIVES METHODOLOGY
CHAPTER–4 DATA ANALYSIS AND FINDINGS CHAPTER
–5 CONCLUSION LIMITATIONS REFERENCES APPENDIX LIST OF
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4. Zara: Vertical Retailer
According to Inditex, the Group 's business model is characterized by a highly integrated vertical structure. In contrast to the model that has been
adopted by competing international corporations, the Group handles all the processes required in the apparel industry–design, production, logistics,
distribution to retail outlets–on its own. This model is based on a desire for structural flexibility and a belief that the customer should come first in
every aspect of the company 's operations.
The main elements of this vertical structure can be seen in the retail outlets. The stores are designed with an eye for detail, providing a comfortable
venue for the customer to encounter fashion. At the same time, it serves as a site for acquiring the ... Show more content on Helpwriting.net ...
Retailers can shift sourcing according to the costs and exchange rates. Manufacturers can hedge risk by supplying different retailers.
Zara has succeeded by creating a vertically integrated system where the disadvantages of vertical integration (higher costs of manufacturing in Europe,
lack of flexibility in shifting plant locations, etc.) are offset by the unprecedented speed and design flexibility that its tightly coordinated vertical system
permits. Thus, Zara's highly compressed product development cycle would be impossible for Gap or any other retailer relying on contract manufacturers
in Southeast Asia.
Zara's vertical integration works for Zara because it fits with other aspects of its strategy: mid–market pricing, high–fashion orientation, and constantly
changing product range.
For Gap, vertical integration probably would not work: it's pricing is relatively low (hence, it needs to produce in low–wage countries), it does not have
manufacturing experience, and its products tend to be basic staple (jeans, T–shirts, khaki pants and shorts) such that seasonal product changes are
adequate to keep abreast of changing market preferences.
Interbrand describing Zara, said, "Cutting–edge Spanish apparel retailer epitomizes cheap chic knocking out mass–produced copies of catwalk fashions
almost overnight."5 Zara introduced about 12,000 designs every year; the shelf life of each design was about four weeks. In January 2006, Zara had
853 stores,
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5. International Marketing Research
International Marketing Research Conducting An Industry Overview: In order to conduct international market research for a retailing firm entering a
new country, it is important to identify the overall industry growth trends and upcoming market changes of that particular market and to consider the
situation of the retailing industry at the international level. As the competition in the retail industry is growing, at the domestic as well as international
level, there is a need for structural reform and change in the business model of the industry. It has been noted that the recent developments in
technology, especially in information technology sector, has directly influenced the retailing industry. The retail industry has been the major consumer
of new technology and therefore any change or development in technological terms has a direct influence over the industry. With improvements in
technology, retailing firms begin to adopt new business processes, which were new to their traditional business setup. There has been an increasing
level of use of the electronic data interchange system, which helped the retailers to effectively process their business information and maintain
records of the whole setup at a single location. This allowed them to make timely and effective decisions, as the information was easily accessible to
them allowing them to keep a close watch on their businesses. Use of newly developed technological devices such as laser & self–scanning devices
and point
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6. Bharti Walmart 5 Forces
Q1. Analyze the retail scenario in India in terms of Porter's Five Forces and investigate the growth across different segments of retailing. Ans:
Indian Retail Scenario in terms of Porter Five Forces
Porter in 1974 has given "Five Forces" model to assess the industry environment.
Five forces of Porter model which determine effectiveness of any Industry are: 1. Barriers to Entry 2. Bargaining Power of Buyers 3. Bargaining
Power of Suppliers 4. Threat of Substitutes 5. Rivalry among Competitors
1. Barriers to Entry
India's Retail industry has high barriers to entry for Global retailers. Reasons are as below. * Strict Regulation to prevent entry of global retailers to
operate freely into India. Indian retail industry is ... Show more content on Helpwriting.net ...
Consumer durable, home appliances retail 4. Pharma retail
1. Food & Grocery
Food & grocery segment is major driver for organized retail industry. This is high unorganized sector in past and to great extent today also. But
people's mindset is gradually shifting to go to mall or hygiene, quality and brand oriented products in this sector. There is gradual increase in
demand of processed and semi processed food as working couples in urban areas have time constraints and living high pace life. There are 5 million
shops to serve 12 million retailers with and estimate value of US$144 billion. Organized retailing is growing at the rate of 40–50%. Major players are
ITC Group, Tata, RPG Group, Reliance, AV Birla Group are the key major players.
2. Clothing, textile and fashion accessories retail
This segment is valued at US$22.1 Bn, Organized retail contribute 19% and growing at the rate of 25– 30%. The segment is attracting more and more
organized retailers, and pushing for retail revolution for Indian men and women. Designer apparel was increasingly playing a role in boosting the
market. International brands have also attracted as they can enter directly with 100% FDI due to single brand entry. Major Indian players are
Pantaloon, Provouge Group, Raymond, Reliance Trendz, and Westside. International players are Louise Phillipe, Van Heusen, and Italian brands.
3. Consumer durables, and home appliance retail
This segment is valued at US$9.36
8. Australian Takeaway Food Retailing Industry
Marketing Concepts
MAR110
Major Report
The Australian Takeaway Food Retailing Industry
17 May 2009
34 pages
Word Count 3391
Table of Contents
Executive Summaryiii
Introduction1
Discussion3
1Markets3
1.1Trends in Size3
1.2Growth4
9. 1.3Profit4
1.4Sales4
1.5Distribution5
1.6Customers5
1.7Competitors6
1.8Other Stakeholders7
2Major External Factors9
2.1Demographic Factors9
2.2Economic Factors9
2.3Technological factors10
2.4Political factors11
2.5Natural Factors11
2.6Cultural Factors12
3Competitive Comparison – reaching the consumer13
3.1Market Mix Audit13
3.2McDonalds Woodbine – the ... Show more content on Helpwriting.net ...
The younger age groups are the highest consumers of this industry product therefore marketers need to focus on this demographic in order to maintain
a sustainable industry. Competitors need to ensure they do not pull out of the market when faced with a retailing giant such as McDonalds.
10. Introduction
Aim
The purpose of this report is to analyse the current market situation of the Australian take away food industry from Macro and Micro perspectives to
provide recommendations to further enhance marketing opportunities in the medium to long term.
Scope
The report is limited to corporations with a relatively large market share of the industry.
Methodology
In researching the influencing factors of the marketing concept of major take away food retail organisations, information was collected from online
material on company websites, marketing textbooks and industry reports before presenting the findings.
Assumptions
It is assumed that this report will provide a discussion point for marketing professionals in the takeaway food industry and for marketing students for an
understanding of the marketing influences of the industry.
Limitations
The report is limited to the research findings available on company websites and industry reports and does not provide up–to–date statistical information
available from the ABS. The report
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11. Description Of An American Retailing Industry Essay
Description of Industry:
Industry: American Retailing Industry, for example, Target Corporation is an American retailing industry company, founded in 1902 and headquartered
in Minneapolis, Minnesota. It is the second–largest discount retailer in the United States, behind Walmart.
Sector: Retailing as a sector includes subordinated services, such as delivery. The term "retailer" is also applied where a service provider services the
small orders of a large number of individuals.
Market Segment: In retail, many customers value different attributes from retailers, such as the value of geographical convenience from a department
store or luxury in specialty items to be purchased at such as an Ann Taylor retail store.
Assessing the "Immediate" Competitive Environment – (Porters Five Forces)
Porters Five Forces: Barriers to Entry
Are there economies of scale?
The economies of scale in the retail industry are huge. All of the companies in this industry have first mover advantage. Many of the competitors in this
industry already have immense and diverse relationships with many of the suppliers they obtain and any new competitor will have a tough time trying
to squeeze into the dealer network in order to establish themselves as any type of threat to another retailer.
How much product or service differentiation is there? (Strong brand loyalty or identity?)
Most retailers have different brand identities which naturally brings in the customer into their business. For example, a large
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12. Five Forces Framework Of Competitive Analysis Of Rustan's...
http://www.robinsons–supermarket.com.ph/about–us6 https://www.rustansfresh.com/7 Rustan's Supermarket also carries exclusive brands such as
Casino and Waitrose alongside other well known international brands. At present, Rustan's Supermarket is continuously expanding with 16 branches in
Metro Manila, 2 in Cebu, and 1 in Cagayan De Oro.
4.9 Porter's Five–Forces Framework of Competitive Analysis
Potential entry of new competitors – LOW Potential entry of new competitors is rendered low for the grocery retailing industry. Puregold, SM
Hypermarkets, Rustans, and Robinsons Supermarkets are amongst the top key players in the game. The entry of new competitors could be very low
because of the huge capitalization funds that this industry requires. In addition, the industry has been long time dominated by the giant players that had
already well established and positioned their brands throughout the country and that they had already spread out with branches in Metro Manila and
other regions.
Bargaining power of suppliers – MODERATE... Show more content on Helpwriting.net ...
The suppliers get the advantages of making their products be showcased for the consumers thru these retailing outlets. A wider scope of retail outlets
could mean wider scope for the brand recognition of the seller's products, that is why these retailing giants has more power than suppliers. But when it
comes to distribution, having a strong supplier is important, the company be better over competitors when it comes to qualitative factors such as on
time deliveries on their branches and wider network of
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13. Supply Chain Of Food Retailing Industry
Running Head: BUSINESS RESEARCH PROPOSAL 1
Analyzing the Dynamic Supply Chain in Food Retailing Industry in Australia
Business Research Proposal
Contents
Introduction 3
Problem Statement 3
Literature Review 3
Variables & Hypotheses 4
Operational Definition and Measurement 4
Research and Methodology 5
Sampling 5
Data Analysis 6
Conclusion 6
References 7
Introduction
The activities carried out in the research focuses on understanding the concept of dynamic supply chain in the food retailing industry. The main
objective is to assess the need for implementing dynamic supply chain for the growing products and demands in food retailing industry. Different
research methodologies and techniques used for research process are explained. Data collection and analysis processes thoroughly described with
expected research outcomes.
Problem Statement
The rigorous changes in expectations due to introduction of new alternative products and their demands in the food retailing market space contributes
14. in the generation of challenges to the operations of food retailing industries (Burch & Lawrence, 2013). The failure of the food retailing industries in
meeting the requirements of consumers in terms of numerous brands and variety affects not only towards the profitability but also fails in spawning
customer satisfaction.
Literature Review
Food retailing industries are considered as an activity in which the retailers are required to
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15. Global Retailing And Civil Aero Engine Manufacturing...
INTRODUCTION–
This portfolio reviews about the nature and extend of internalisation within both global retailing and civil aero–engine manufacturing industry.
It firstly describes and tells about the global retail strategic groups which will reveal about the competitor companies and also establish the leading
companies in the market. It will also focus on the fact that what makes it global/international.
The important analysis covered in the report is industry analysis (PESTEL) which will cover the 7 key industry trends and CAGE framework is also
performed which will introduce to the existing barriers between the countries keeping in view the both industries.
Finally, Yips's drivers of globalisation is shown which describes about both global retailing and civil aero–engine manufacturing industries on the bases
of George Yip framework.
GLOBAL RETAIL STRATERGING GROUP
–
Strategic group is an idea of grouping together companies within a particular industry that tend to have similar strategies or business model, compete on
similar bases and target a similar market. These can be classified into two possible categories that are commitment of resource such as budget for
market, return on market investment or brand and secondly organisation scope of growth such as diversity of location and variety/range of business
product. http://www.ukessays.com/essays/marketing/what–it–is–a–strategic–group–in–marketing–marketing–essay.php According toSupermarket
News Kroger, Costco, Walmart,
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16. Integrating A Multi Billion Dollar Industry
Do you want to be apart of the fastest growing area in retailing? Do you want to be apart of a multi–billion dollar industry? Well, if anyone answered
yes to both of the questions they can now joined the sweepstakes of taking their business to the next level by introducing Web based retailing or other
nontraditional methods of retailing. Web, non–store based any other forms of nontraditional retailing is adding to businesses repertoire everyday. Any
individual or company who sells products or give services can adapt and enter the future of business transactions between customer and retailer. Don't
lose out on this stream of revenue before its too late. Furthermore, businesses can incorporate web, non–store based and other nontraditional retailing
methods into their business plan smoothly without agitating traditional retailing, but ultimately increasing profits.
Multi–Channel Retailing Multi–channel retailing is what all businesses should strive for it they are interested in going global or simply staying
home–bound, but gaining profits through other retailing formats. Long gone are days where single–channel retailing could be relied upon for
continuous business success and growth. If you own a storefront property to sell your goods and services now is the time open a web based version
of the physical store to gain clients from across America to across the seas. "Multi–channel retailing enables firms to reach different customer groups,
share costs among
Figure 1.1 various
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17. Retail Management
ABSTRACT
Retail Management has become a very challenging job as the organisations are to face a rapidly changing socio–economic environment and to face
stiff competition due to globalisation. Many universities in India have included retail management as a subject of study in the fields of Commerce at
various levels.
Retail Management is universally relevant. The commerce curriculum is incomplete without a paper on retail management.
Important retail management concepts have been explained in simple terms. Charts and diagrams have been given wherever necessary.
Retail Management focuses on the entire organization from both a short and a long–term perspective. Management aims to increase the effectiveness of
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an employee who is responsible to achieve some retail organization's objectives needs the power to achieve it.
RETAIL SALES GOALS Retail Sales measures the gross receipts of a retail store by selling durable and nondurable goods. The main components of
retail sales are grocery, food & clothing and Shoe retailing. In India, consumer spending roughly accounts for over 60% of GDP and is therefore, a vital
element in the country's economic growth. Any change in retail sales pattern is important and is seen as the timeliest indicator of wide consumption
patterns.
Retail sales may have short term and long term goals in nature. Short term retail sales
Goals are supposed to support and merge into long term goals. The goals of retail sales (i) to serve a link between the manufacturer and end consumers
(ii) to improve communication with retail customers
(iii) to improve sales target
(iv) to provide efficient customer service knowing the power of mouth advertisement
(v) to build image among general public
(vi) to improve social responsibility "–
(vii) to serve different markets
(viii) to get quick feedback about the merchandise sold and consumer services offered
(ix) to convert visitors to buyers
18. TYPES OF RETAIL OPERATIONS:
Retail operations enable a store to function smoothly without any hindrances. The significant types of retail operations consist of: Department store
Specialty store Discount/Mass Merchandisers
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19. Business Analysis: The Car Retailing Industry
The car retailing industry can be divided into segments, new–car and used–car. Both are unattractive for the following reasons:
Highly fragmented market – In 2011, over 17,900 car franchises operated in the United States. The two largest national retailers, AutoNation Inc. and
Penske Automotive Group Inc., control only 3% and 1.6% of the new–car segment. o The used–car segment is divided between new–car dealers,
independent used car dealers, and private parties. In 2011, the percentage of used car sales was almost evenly distributed, with new–car dealers
accounting for 35.6% of sales, independent used car dealers responsible for 35.5% of sales, and private parties selling the remaining 28.9%. o
CarMax, the leading retailer in used–car segment, sold a little over 420,000 units of used cars in 2011, which is about 240,000 more units sold than
second place AutoNation. Yet across the industry, about 38 million units were sold in 2011, meaning CarMax was responsible for only 1.1% of the
units sold in the used car segment.
Low barrier to entry – Other than a high capital investment, there is little to no barrier to entry. o The advancement in technology has made the
process of evaluating used cars a lot easier for the retailer. o The reputation of the retailer is a potential barrier as customers are much more likely to
work with retailers they recognize and trust. This is an advantage for existing companies like CarMax, but would be a barrier for a new entrant.
However,
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20. Strategic Decisions That Impact The Retailing Industry Is...
Question: 1
The socioeconomic class or the geographic area of East Texas regarding wealth, comfort, and materials available is measured by the gross domestic
product ability to produce the goods and services to the population of East Texas. East Texas retailers must use analytical data to determine the market
standards that provide the retailers the needed information to determine the number of possible customers in the market that has the means to purchase
the goods or services. Retailers not in tone with the standard of living and consumer buying power may have a failed strategy for produce goods or
services that cannot complete or even overpriced. Strategic decisions that would impact the retailing industry is disposal income and affordable pricing.
The inability for retailers to identify these two standard of living factors can greatly impact retail sales. Question: 2
Data mining is important part of retailing as large chunks of important information can to processed and analyzed in minutes. Data mining can help
retailers focus on what is important.
1. Implement customer feedback surveys are invaluable for learning how your service in preforming.
2. Categorizing and prioritizing the customer needs attracting a solid target market. And knowledgeable sales person to engage in customer
relationships.
3. When offering goods or services as a loss leader to attach customer traffic. When customers enter the market place for loss leader it should be a
common
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21. Food Retail Industry Analysis
INTRODUCTION
Retailing is one of the most important in every Western European Country. Historically
retailing has been viewed as the sale of goods to the consumer trough retail shops, but
retail today should be viewed as being rather broader. Theories of retail change
summarize forms of retail change, that involve three theories of retail change to explain,
1) natural selection in retailing, which is best adjust to their environment, are most likely
to survive. The major environmental factors affecting retailing are, a) Retail changes in
the consumer character, which is like population changes. b) Retail changes in
technology, e.g. use of motorcars. c) Retail changes in competition, e.g. changes in the ... Show more content on Helpwriting.net ...
In an
effort to better serve the needs of those consumers unable to patronize the existing retail
institutions, either because of their distance from the stores or their lack of time to buy in
person, the mail order began to attract attention. In the late nineteenth century, little was
available to the mail order customer. Extensive catalogs, which since then have enjoyed
22. great popularity, were prepared and sent to customers, and the mail order became an
important format of Grocery.
In Grocery Retail Industry, retailer will continue to adopt new technologies. By the 2008,
some retailer may have turned their marketing techniques towards non–store retail
technology. They will provide sale service to customers through teleshopping.
Teleshopping is a system by which consumers a purchase theyВЎВЇre shopping from home
via a television or microcomputer connected by telephone cable or satellite to an
information database. Such a system allows consumers to interact with the database and
both to send and to receive data. Teleshopping involves heavy investment in new
technology; more consumers are potential users of home shopping services under
particular circumstances. In addition, retailers also provide convenient payment service to
consumers. People can use a credit or debit card scheme to buy goods, and then the goods being delivered to their
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23. Retailing Strategies Multi Channel And Omni Channel...
1.Executive summary
This report discusses about two main retailing strategies Multi–channel and Omni–channel strategies. Multi–channel uses channels in parallel, whereas,
Omni–channel integrates all channels for a seamless approach. They both play a role in profits.
These concepts are later applied to the Apple Company by comparing their online store and physical retail store, Apple uses both multi–channel and
Omni–channel. However, their dominant strategy appears to be Omni–channel and they appear to be mastering these concepts. However, few
recommendations are provided for possible further enhancements.
Recommendations include a catalogue channel with QR code or QR code in–stores next to Apple products; improvement in payment methods appears
with a Mobile app or a member card and lastly with the mobile app it could have a store to browse through all the product rang instead of using search
engines.
2.Multi–channel & Omni–channel Retailing
Retailing strategy is an important aspect for a retailer, because it differentiates one retailer from another, and plays a vital role in gaining competitive
advantage. This results in acquiring more percentage of market share. Multi–channel and Omni–channel retailing are strategies that reach out to the
consumers and make it easy for them to buy their products.
Multi–channel retailing is about combining many different channels in parallel to reach customers to deliver or sell products and services
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24. The Fundamental Purpose Of The Retail Trade Essay
The fundamental purpose of the retail trade is to supply the needs of the public. When one considers the almost infinite range of wants of an ordinary
family– from food to amusement, garden tools to needles, and clothes to carpets – it is not surprising that there are a host of shops of every kind, and
not only shops but barrows, newspaper stands, markets, trading clubs, mail order warehouses, door to door salesmen and so on. All these means of
distributing goods are known collectively as Retail outlets. They have all developed along their own lines to meet the demands of the people.
The term retailing refers to all forms of selling to the ultimate user, generally called the consumer. At least three distinct types of retailing are carried
on in India :
1.Selling in the retail store, where under one roof is assembled a variety of merchandise for sale to consumers; there are two forms of it one is
organized sector and the other is unorganized sector.
2.E–Commerce – mail order selling in which all forms of goods are attractively portrayed in internet and the resultant orders filled by mail, express,
parcel post or freight ;
3.House to house selling, in which sales men call at the homes of consumers and obtain orders for merchandise for present or future delivery.
The principal purpose of this study is to discuss the first, the most important type of retailing , particularly unorganized sector.
The task of describing the structure of retail trade in India is no easy
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25. The Largest Private Industry Of India And Second Largest...
Retailing is the largest private industry in India and second largest employer after agriculture. This sector contributes to around 10 per cent of GDP and
6–7 per cent of employment. With over 15 million retail outlets, India has the highest retail outlet density in the world. This sector witnessed significant
development in the past 10 years – from small unorganized family owned retail formats to organized retailing. Liberalization of the economy, rise in per
capita income and growing consumerism have encourage larger business houses and manufactures to set up retail formats; real estate companies and
venture capitalist are investing in retail infrastructure. Many foreign retailers have also entered the market through different routes such as wholesale
cash–and–carry, local manufacturing, franchising, test marketing, etc. With the growth in organized retailing, unorganized retailers are fast changing
their business models and implementing new technologies and modern accounting practices to face competition (Andrews, 2003).
Traditionally, Indian retail sector has been characterized by the presence of a large number of small–unorganized retailers. With high GDP growth,
increased consumerism and liberalization of the manufacturing sector, India is being portrayed as an attractive destination for foreign direct
investment (FDI) in retailing. However, at present this is one of the few sectors, which is closed to FDI. Within the country, there has been significant
protest from
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26. Surveying the Retail Customers
This research scrutinizes the impact of the retailing on the responses of the customers within a retail store and non–retail store setting. The paper has its
types of retailing which imping the consumer's buying behavior. Surveys with students from the business department were carried out to contextualize
the paper. The findings suggest that almost 81 per cent of the customers prefer direct selling in terms ofretailing. The findings also highlight that
retailers' characteristic affects the customer satisfaction, which in turn impacts consumers' behavior towards retailing. These, alongside other key
findings, are presented and discussed. Directions for future research are also highlighted.
Retailing is a transaction between the seller and the buyer in which the seller or the retailer tends to have many ways of selling the products
because retailing has its ways on selling products to its consumers. It has been 100 years or 10 decades since retailing was commenced. The first
retailing happened during the time of the cave man. The caveman used different strategies to gather its food (The History of Retail in 100 Objects,
2013, p. 6). By the year 1990's, retailing started with a corner store wherein people have limited choices and what they carry on their way home was
also limited because there are no available vehicles by that time. As time passed by, retailing develops. Department stores, malls and big box stores
came out. Also, automobiles were invented and people find it
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27. Costco vs. Wal-Mart
Costco vs. Wal–Mart
With $401.2 billion revenues, the retailing giant, Wal–Mart, has been ranked as the 2nd place of 2009 Fortune 500 companies. This company is seen
as the most successful business in the world today but also viewed as the vital indicator to observe the status of financial crisis recovery. Wal–Mart has
won market share during the recession by offering customers lower prices as its successful marketing strategy. Moreover, Wal–Mart is long for
expanding its kingdom all over the world. In 2005, Taiwan once was one of Wal–mart's plans to join the overseas expansion, nevertheless, Wal–mart
veered round to China at the last minute.
Instead, the Costco (24th place of 2009 Fortune 500) with 71.4 billion revenues completed ... Show more content on Helpwriting.net ...
B.External
1.Different orientation of target consumer of Costco and Wal–mart. For Wal–mart, it concentrates on customers of each level from rural community
who would like to travel greater distances for lower prices and more merchandise variety. However, Costco is a exclusive club for business who is
looking for bulk–buying and now it spilled over to high and working class. The different customer segments divide the marketing strategies of these two
retailing business. For example, it affects the price making and merchandise selecting in stores.
2.A discount retailer who is strictly based on low price, Wal–Mart's "everyday low price" philosophy is running their stores quite successfully. In
addition, Contrasts with other small company and retailing business, Wal–mart uses a strategy of odd number pricing. This strategy has been tested and
has proven that people tend to buy items, which are odd number priced, more than, a price ending of zero.
III.Unique marketing strategy & competitive advantage of two parties.
A.Wal–Mart
1.Stable quality control under low prices. While retailing battle ultimately focus on how to offer lower prices, customer may concern that low prices
equal to poor qualities. Wal–mart promises to offer their customer with the lowest prices with guaranteed quality goods. It sets strict quality standards
to control its suppliers to take full responsibility for their product lines and avoids providing poor quality
... Get more on HelpWriting.net ...
28. Retailing in India – Emerging Trends & Potentialities
RETAILING IN INDIA– EMERGING TRENDS & POTENTIALITIES
Introduction:
Retail is India's largest industry, accounting for over 10 per cent of the country's GDP and around eight per cent of the employment. Retail industry in
India is at the crossroads. It has emerged as one of the most dynamic and fast paced industries with several players entering the market.
Retailing in India is gradually inching its way toward becoming the next boom industry. The whole concept of shopping has altered in terms of format
and consumer buying behaviour, ushering in a revolution in shopping in India. Modern retail has entered India as seen in sprawling shopping centres,
multi–storeyed malls and huge complexes offer shopping, entertainment and food all under ... Show more content on Helpwriting.net ...
Recently, the Government announced its intention to open up the retail sector to foreign investment. It is still, however, debating whether to allow 26
per cent or 49 per cent FDI in the sector.
Benefits of FDI in Retail Sector:
Higher competition would lead to higher quality in products and services.
Better lifestyle as better products would be introduced.
Exports would increase due to greater sourcing of major players.
Investment in whole supply chain would increase.
Technology would be upgraded in terms of logistics, production, and distribution channels.
The markets of the sector would flourish and develop.
Employment would increase and skills & manpower will develop.
A strong retailing sector would promote tourism.
Economies of scale would help lower consumer prices and increase the purchasing power of the consumer.
In the long term it will be beneficial in the up–gradation of agriculture and small scale & medium scale industries.
Supportive policy
The government has been opening up various sectors and privatize some sectors (telecom, aviation, insurance and energy). This shows its positive
attitude to FDI inflows, Retailing has already been looked at as a prospective area for FDI. The Government is also promoting investment in supply
29. chains and infrastructure like real estate through FDI to facilitate retail growth.
The
... Get more on HelpWriting.net ...
30. International Marketing : International Retailing Essay
Introduction–
International Retailing has existed and gained market in the past decades. There has been a financial boom in many countries. International Retailers
are the companies who are dealing with the retails in the Countries abroad, i.e. far from the countries of the company's origin. Earlier they were just
Domestic Retailers covering their domestic market in the country of their respective origin, but with the elapse of time the demands of people rise in
various items and in various countries. It was not possible for them to fulfill the demand of their domestic market and other countries at the same time.
So with a risk they started to increase their retails shops within the origin country to have a look at the response of the people. But their sole purpose
was to internationalize their retails shops. With time they opened the same retail shops with the same fashion quality but in increased quantity. This is
how they became International Retailers. When we talk about International Retailing, the most common names that we come across are K–mart,
PAK'nSAVE, Walgreen, Woolworths Ltd, etc. But the leading names of the Retailers that have covered most of the countries are Wal
–Mart, Carrefour
and Tesco, with their net sales turnover running are $374.5 billion, $130 billion and $102.6 billion, respectively. There are 2 types of International
retailers in the industry, i.e. – international Grocery retailers and International fashion retailing. The products of International
... Get more on HelpWriting.net ...
31. A Study on Customer Preference in Retail Store- Adani Store
ACKNOWLEDGEMENT It is pleasure to acknowledge those who have contributed to this project directly or indirectly, though it will be still an
inadequate appreciation of their contribution, we here by acknowledge the names of the people to whom we shall always remain grateful.
We would sincerely like to express our gratitude to Mr. Ravjibhai Patel who gave us the grand opportunity to have Grand Project at Adani Supermarket.
We would especially like to thank Mr. Manish Christian, theRetailing Manager at ADANI for evincing keen interest in our work, continuous
encouragement and guide us through out our survey. Without his cooperation it was impossible to reach up to this stage.
We are also very thankful to all... Show more content on Helpwriting.net ...
|13 |
|08 |A BRIEF HISTORY |15 |
|09 |STORY OF THE TIMES |17 |
|10 |SIZE AND FORM OF THE ORGANIZATION |19 |
|11 |AWARDS AND ACHIVEMENTS IN ADVERTISING |20 |
|12 |FUTURE PLANS OF THE COMPANY |22 |
|13 |VARIOUS DEPARTMENTS OF THE BCCL |23 |
|14 |RMD – RESULTS & MARKETING DEVELOPMENT |24 |
|15 |PORTFOLIO OF BCCL |26 |
|16 |THE TIMES OF INDIA |28 |
|17 |THE ECONOMIC TIMES |32 |
|18 |FEMINA |36 |
|19
... Get more on HelpWriting.net ...
32. Walmart Competitive Analysis
| | |
| | |
|[Wal–mart case analysis] |
|Competitive advantage and competitive dynamics |
What might explain Wal–Mart's performance over time in discount retailing? Is it the industry or company specific factors?
|Post Second World War, the style of style of retailing in the... Show more content on Helpwriting.net ...
1. Vendor consolidation and growth: Whereas in 1986, the top five discounters had accounted for 62% of industry sales, in 1993 they accounted for
71, and discount stores companies that operated 50 or more stores accounted for 82%
2. The discount stores have grown in excess of 7% all through 1970s, 1980s, and 1990s in terms of revenue though the increase in number of stores
were not proportionate
3. Improvement in information dissemination by means of media that increasingly drove consumers to discounters
While the industry was on an up–tide, it was Wal–Mart's well navigated strategy that allowed it to perform well above its industry peers.
Would you consider this performance to be sustainable (discount retailing in 1994)?
|Our above analysis shows that Wal–Mart clearly has a competitive advantage over its peers in most of the segments it operates in. However, our
analysis elaborated below demonstrates the following key |
|observations outlining the sustainability of its performance, |
| |
|Our overall analysis shows that the business of Wal–Mart looks fairly sustainable
34. fiveforces Essay
The impact of online shopping on shopping centres in Australia:
MODULE 2:
How would you define the industry to be analysed? Is the industry global? Is the organisation mentioned Australian or overseas based? Can you make
any references about the industry value chain from the article? What are the key product and services segments in the industry mentioned? Are you
able to identify the stage of the industry life cycle?
Industry пѓ the Australian shopping centre industry comprises companies that build, develop and manage shopping centres in Australia.
Industry Value Chainпѓ Shopping centres are purpose–built complexes containing retial shops, resturatants and other eatieris, services such as banks,
and leisure facilities such as cinemas ... Show more content on Helpwriting.net ...
TECHNOLOGICAL
On–Line sales by Australian and international retailers have had a double digit growth over the last five years.
This transformational shift towards online shopping platforms has given coumsers more choice. _
_
SOCIAL
Given your remote and industry environement analyses and your customer and market anaylsis are you able to assess the basis of competition in the
industry? What are the key factors that are critical for the organisation to so well in order to be successful? Are there any strategic groups that
organsaitions in the industry compete in? Analyse the competitors if mentioned in the article.
For retailers, being online is efficient and improves customer relationships, but it does not replace a retailer's ability to "up–sell" and ultimately it
struggles to match the brand appeal created by a physical presence in a strong shopping centre.
Centre owners will continue to actively manage the retail mix, making sure the retailers are state of the art bricks–and–clicks operators and managing
the other activities such as marketing, ambience and social experience to continue to create the most compelling product for our customers and hence
compelling investments for investors. a large part of retailing will remain about the experience of shopping and there is always going to be a place for
shopping centres to facilitate that physical interaction
36. Annotated Bibliography: Market Research
External sources of informationResults of reviewing these sources
Book name 1: Market Research in Practice: How to Get Greater Insight from Your Market (2013) by Paul N Hague, Nicholas Hague, and Carol–Ann
MorganThis book provides a clear step–by–step guide of the process in planning and executing a project by analysis and presenting the finding. By
knowing each steps of marketing tool, it explain how effective and efficient tools with a more reliable outcome. This book also provide a market
research with information includes new product development research, market assessment, customer journey research, branding research, channel
research, and pricing research), international aspects and new research trends (including coverage of social
... Get more on HelpWriting.net ...
37. Industry Description Of The Retailing Industry
Industry Description
Book retailing is an industry where companies sell books and other reading media, including, audio books, e–books and e–readers. Some bookstores
sell other products including DVDs, stationery and gifts. Price Waterhouse Coopers (PWCS) world network reports sales of sixty billion globally,
including e–books (Hoovers Inc, 2016). Most Book retailers operate from storefronts, although some bookstores also operate online. Barnes & Noble
US, Fnac France, Page One China, Thalia Germany, and WH Smith UK are prominent companies in this industry. (Hoovers Inc, 2016). According to
Yee, (n.d.). Dymocks is the largest bookstore chain in Australia; others include Collins Booksellers, Books and Gifts and department stores such as...
Show more content on Helpwriting.net ...
Over the five year period until 2015–6, there was an annual decline in revenue of 10.6% (ibisworld, 2016). Numerous challenges have beset the
industry, such as, lower book prices, strong competition from online retailers and a change in popularity from printed books to e–books (ibisworld,
2016). Other issues that have a significant effect on bookstores are parallel import restrictions (IBISWorld, 2016), and online retailers being
advantaged by low freight charges and often no requirement to pay (GST) Goods and Services Tax (ABC, 2016).
Encouraging Signs
However, there are encouraging signs according to Williams, (2015) who points to the icon of bookstores Dymocks, which claims to have had its
best ever sales year. Sydney book retailer Jon Page noted an upward surge in sales in the final quarter leading up to Christmas, a period that
accounts for around 70% of annual sales (Han, 2015). According to the Nielsen book scan data, there were 55.4 million in sales of printed books in
Australia last year, a 2.2% increase over the previous year, the first sales increase since 2009. (Han, 2015).
Some of the downturns in printed book sales may be as a result of economic conditions which have affected all retailers. According to Page, (n.d.) the
global financial crisis has dramatically changed retailing regardless of your product (Han, 2015).The chief executive of the Australian Booksellers
Association, Joel Becker commented, the
... Get more on HelpWriting.net ...
38. Industry Description Of Book Retailing
Industry Description
Book Retailing
Book retailing is a retail industry companies in this industry, sell mainly books and other reading media including audio books, e–books and e–readers.
Some sell other products such as DVDs, stationery, toys and gifts. According to PwC 's Global Entertainment sixty billion in sales of consumer books
globally, including e–books. (Hoovers Inc, 2016). Book retailers mainly operate from storefronts, although some also operate online. Barnes & Noble
US, Fnac France, Page One China, Thalia Germany, and WH Smith UK are a few of the major companies in this industry. (Hoovers Inc, 2016).
According to (Yee, n.d.). Dymocks is the largest bookstore chain in Australia others include Collins Booksellers and formerly... Show more content on
Helpwriting.net ...
Other issues that have a significant effect on bookstores are parallel import restrictions. (IBISWorld, 2016) and online retailers have the added
advantage of cheap freight charges and often no requirement to pay GST. (ABC, 2016).
The online book industry, by contrast, has been experienced rapid growth over the past five years as people are becoming accustomed to doing
business online and to having items delivered via post. (IBISworld, 2016) A limitation to smaller retailers is the international dominance of
Amazon.com and its subsidiaries. Growth forecasts are compound annual 15.5% over the five years through 2014–15, to reach $230.5 million
(IBISworld, 2016). However the need for an increased emphasis on software development to create a more user–friendly shopping interface and the
increasing level of completion create concerns for any potential new entrepreneurs, another crucial factor is the need to provide a wide range of
product at a competitive price. To take a different perspective; some of the downturns in printed book sales may be as a result of economic conditions
which have
... Get more on HelpWriting.net ...
39. A Study on Customer Preference in Retail Store- Adani Store
ACKNOWLEDGEMENT It is pleasure to acknowledge those who have contributed to this project directly or indirectly, though it will be still an
inadequate appreciation of their contribution, we here by acknowledge the names of the people to whom we shall always remain grateful.
We would sincerely like to express our gratitude to Mr. Ravjibhai Patel who gave us the grand opportunity to have Grand Project at Adani Supermarket.
We would especially like to thank Mr. Manish Christian, theRetailing Manager at ADANI for evincing keen interest in our work, continuous
encouragement and guide us through out our survey. Without his cooperation it was impossible to reach up to this stage.
We are also very thankful to all... Show more content on Helpwriting.net ...
|13 |
|08 |A BRIEF HISTORY |15 |
|09 |STORY OF THE TIMES |17 |
|10 |SIZE AND FORM OF THE ORGANIZATION |19 |
|11 |AWARDS AND ACHIVEMENTS IN ADVERTISING |20 |
|12 |FUTURE PLANS OF THE COMPANY |22 |
|13 |VARIOUS DEPARTMENTS OF THE BCCL |23 |
|14 |RMD – RESULTS & MARKETING DEVELOPMENT |24 |
|15 |PORTFOLIO OF BCCL |26 |
|16 |THE TIMES OF INDIA |28 |
|17 |THE ECONOMIC TIMES |32 |
|18 |FEMINA |36 |
|19
... Get more on HelpWriting.net ...
40. The Search For Competitive Advantage Within Global Retailing
Self Declaration
Critically review the search for competitive advantage within Global Retailing, paying particular attention to both inside–out and outside–in views of
strategy. Use both appropriate theory and a range of company examples.
Global Retailing is one of the largest industry spread all over the globe, to meet needs of the consumers of all caste and religion. It is not necessary
for a company to be physically to be present in the country to make transactions of goods or money. Instead, global retailers use the help of suppliers
and local market to satisfy the needs. But now–a–days the trend is changing, retailers are now making and producing their own brand under their own
shelter to meet their company's respective motto and mission. When we talk about Global Retailers of International Retailers, we come across Walmart,
Tesco, and Carrefour as the major industries responsible for Global Retailing. The grocery sale of top four retailers exceeded more than $600 billion in
2011, and I was forecasted to reach 2.5 times more in 2016. The Global Retailing operates in an oligopoly market because it is dominated by a few
suppliers in the market.
Now, let's talk about the topmost retailers below.
Walmart was the result of the ideology of a great man named Sam Walton in 1962 in United States. It has a revenue of $487 billion calculated in 2015
(Penton, 2015). This revenue comes from 11,156 stores located all over the globe (Penton, 2015). The strength of
... Get more on HelpWriting.net ...
41. Advantages And Disadvantages Of Retail Industry
The retail division has accepted an awesome part all through the world in extending productivity of customer items and endeavors. It is similarly the
second greatest industry in US to the extent amounts of agents and establishments. There is no denying the way that most of the made economies are
particularly relying upon their retail territory as a prepare of advancement. The India Retail Industry is the greatest among each one of the
organizations, speaking to more than 10 percent of the countries GDP and around 8 for every penny of the work. The Retail Industry in India has
drawn nearer as a champion among the most dynamic and snappy paced organizations with a couple of players entering the market. Regardless, every
one of them have not yet tasted accomplishment in perspective of the generous beginning hypotheses that are required to measure up to the underlying
speculation with various... Show more content on Helpwriting.net ...
The segment begins with a presentation where thoughts of Retail are discussed in short. This segment moreover clears up the distinctive purposes of
intrigue and disadvantages of Retail industry, outline of the overall Retail industry, comparative examination of retail industry of globe and India,
Indian retail industry at first. The part moreover highlight's on the Evolution of Modern Retailing in India. Goals of the review, hypotheses attempted
systems and instruments of data amassing and, examination of data.
India's unlimited salaried class and its for all intents and purposes unfamiliar retail industry are key attractions for overall retail beasts expecting to
enter more present markets.
In the accompanying couple of years, India will see no under two Indian retail associations fulfilling the charm figure of Rs 1,000 crore ($218 million)
in arrangements. A couple others are depended upon to accomplish a base sum as improvement in the business snatches constrain. This will be driven
by two key
... Get more on HelpWriting.net ...
42. Costco vs. Wal-Mart
Costco vs. Wal–Mart
With $401.2 billion revenues, the retailing giant, Wal–Mart, has been ranked as the 2nd place of 2009 Fortune 500 companies. This company is seen
as the most successful business in the world today but also viewed as the vital indicator to observe the status of financial crisis recovery. Wal–Mart has
won market share during the recession by offering customers lower prices as its successful marketing strategy. Moreover, Wal
–Mart is long for
expanding its kingdom all over the world. In 2005, Taiwan once was one of Wal–mart's plans to join the overseas expansion, nevertheless, Wal–mart
veered round to China at the last minute.
Instead, the Costco (24th place of 2009 Fortune 500) with 71.4 billion revenues completed ... Show more content on Helpwriting.net ...
For Wal–mart, it concentrates on customers of each level from rural community who would like to travel greater distances for lower prices and more
merchandise variety. However, Costco is a exclusive club for business who is looking for bulk–buying and now it spilled over to high and working
class. The different customer segments divide the marketing strategies of these two retailing business. For example, it affects the price making and
merchandise selecting in stores.
2. A discount retailer who is strictly based on low price, Wal–Mart's "everyday low price" philosophy is running their stores quite successfully. In
addition, Contrasts with other small company and retailing business, Wal–mart uses a strategy of odd number pricing. This strategy has been tested and
has proven that people tend to buy items, which are odd number priced, more than, a price ending of zero.
III. Unique marketing strategy & competitive advantage of two parties.
A. Wal–Mart
1. Stable quality control under low prices. While retailing battle ultimately focus on how to offer lower prices, customer may concern that low prices
equal to poor qualities. Wal–mart promises to offer their customer with the lowest prices with guaranteed quality goods. It sets strict quality standards
to control its suppliers to take full responsibility for their product lines and avoids providing poor quality goods for customers.
2. Reinvention of the supply chain helps Wal–mart to dominate their
... Get more on HelpWriting.net ...
43. Fdi in Retail Sector
Introduction
India is in the midst of a retail boom. The sector witnessed significant transformation in the past decade from small–unorganized family–owned retail
formats to organized retailing. Indian business houses and manufacturers are setting up retail formats while real estate companies and venture capitalist
are investing in retail infrastructure. Many international brands have entered the market. With the growth in organized retailing, unorganized retailers
are fast changing their business models. However, retailing is one of the few sectors where foreign direct investment (FDI) is not allowed at present.
FDI in retail industry
FDI in retail industry means that foreign companies in certain categories can sell products through ... Show more content on Helpwriting.net ...
However, it is now set to grow at 25–30 per cent per annum. In developed countries, organized retailing makes for over 70 per cent of the total
business. Recently, the Government announced its intention to open up the retail sector to foreign investment. It is still, however, debating
whether to allow 26 per cent or 49 per cent FDI in the sector. Initially, the idea was to begin with 26 per cent and then gradually liberalize it further.
However, since China moved from 49 per cent to 100 per cent FDI in this sector last year, the Commerce Ministry and the Prime Minister's Office
(PMO) appear to be inclined to go for 49 per cent FDI at one go, despite opposition from Left parties. Even as the government is debating the level
FDI in of retail, a number of foreign players, including the world's largest corporation, the $288– billion Wal–Mart Stores, Inc., have announced their
intention to enter India in a big way. With the impending opening up of the sector to overseas investment, they are now keen on forays into the sector
in partnership with multinational chains. According to industry analysts, as many as 20 big Indian companies are working on plans to enter the sector
in partnership with foreign investors. For instance, it has opened up the real estate sector by allowing 100 per cent FDI in the construction projects.
The move is expected to attract foreign funds and new technology into the market. Second, Foreign Trade Policy 2005–06 has
... Get more on HelpWriting.net ...
44. The Impact Of Technology On Consumer Behaviour
1.0 Executive summary
The retail sector is an empirical part of the Australian economy representing 4.5% of GDP and 10.7% of employment (AGPC 2011). The size of
the Australian retail industry in terms of its turnover is estimated to be $245.2 billion, with online retail representing only approximately AU $5
billion in 2010 to 2011 (ABS 2011). However, in comparison the retail turnover has grown by average of 4.9% p.a. in the past five years and only 3.7%
p.a. in the past three years (ABS 2011). On the other hand, the online retail turnover had grown by 12.4% p.a. over the past five years and is
estimated to grow by 20.4% p.a. in the next five years (Kierath & Wang 2011).
This report will explore the impact of technology advancements, and ... Show more content on Helpwriting.net ...
In addition, it is proving to be the new frontier and consumers' choice, in how purchasing of goods and services will continue to be done in years to
come.
2.0 Introduction
Traditionally the retail industry has been understood as a connecting factor between manufacturers or wholesalers and consumers through conveniently
located and easy accessible market places (AGPC 2011). However, the rapid advancements in technology, and specifically the evolution of the internet
and e–commerce and online retailing has eliminated the physical requirement for a 'meeting place', providing consumers with the same end result, but
now with increased efficiency and from the convenience of their own home. E–commerce is simply understood as a process of electronic transactions
enabled by the exchange of, and payment for, goods and services between businesses, consumers, government and other private and public
organisations, with the use of internet (ACMA 2010). Online retailing is a subset of e–commerce and reefers to a purchase and sale of goods between
consumers and retailers through the internet (AGPC 2011).
The purpose of this paper is to evaluate the effect that the evolution and progressive maturity of internet technologies, has on the Australian retail
industry, and what implications this may bring to the overall Australian economy. The paper
... Get more on HelpWriting.net ...
45. Case Study On Pantaloons
CHAPTER– 1 INTRODUCTION Recent time's retail industry is achieving high importance. The retail industry is also facing very high competition
and those who are able to retain their customers are the ones that are able to succeed in the market place. The retail firms are spending a lot for their
marketing resources to keep existing customers rather than offering interest to new people. Satisfying customers plays a critical role in customer
retention and also is a major differentiating factor among retail stores. Satisfying customer is now one of the major drivers of profitability. In this
scenario, the firms have to work on what attracts consumers and what will make them not to move their choice to come near to... Show more content on
Helpwriting.net ...
The Reid & Taylor Awards for Retail Excellence 2008 Retail Leadership Award: Inshore Binyamin Retail Best Employer of the Year: Future Group
Retailer of The Year: Home Products and Office Improvements: Hometown The Reid & Taylor Awards for Retail Excellence are an important feature
of the Asia Retail Congress, Asia's single most important global platform to promote world–class retail practices. These awards are aimed at honoring
the best, in the Asian Retail scenario. India played host to Asia Retail Congress 2008 Images Retail Awards Most Admired Retail Face of the Year:
Inshore Binyamin Most admired retailer of the year: Large format, multi product store: Big Bazaar Most admired retailer of the year: Food and
Grocery: Food Bazaar Most admired retailer of the year: Home & office improvement: Hometown Most admired Retail Company of the year:
Pantaloons Retail (India)
... Get more on HelpWriting.net ...
46. Critical Evaluate the Effects of Corporate Social...
Critical evaluate the effects of corporate social responsibility activities on financial performance in UK retailing industry?
Contents:
Introduction3
Corporate social responsibility & UK supermarkets5
CSR behavior of UK supermarkets5
– Environment5
– Community6
– Marketplace6
– Workplace7
The effect of CSR investment on financial performance of major supermarkets in UK7
пјЌExplanations of figure 1–38
Case study: The effect of corporate social responsibility on financial performance of Tesco supermarket10
– Corporate steering wheel of Tesco10
– Positive correlation between CSR contribution and financial performance11
Bibliography:13
Appendix : ... Show more content on Helpwriting.net ...
– Environment
Environment issue is the most frequently discussed topic in CSR activities and it includes energy consumption, greenhouse gas discharge, water
consuming and so on. Tesco engages in UK Emissions Trading Scheme and plans to decrease 74,000–ton greenhouse gases emission in five years with
188 retailing stores. Marks & Spencer concentrates on controlling residue of pesticides in their products. Since 2002, Marks & Spencer has replaced
99% of PVC plastic bags, which will produce harmful chemical material during disposal process. Moreover, they also reported that 72% of foods in
Marks & Spencer are residue free products.
– Community
Community issue includes charity and urban reconstruction. Charitable donation is the most frequently mentioned information in these companies'
CSR reports. In 2003, Wm.Morrison Company donated 550,000 pounds to Marie Curie Cancer Care. Morrison has selected Diabetes UK as its charity
47. since 2004 as well.
In 1999, Tesco Company launched a regeneration scheme, the activities of which include renovating deprived communities in UK. The company
focused on working with public services and community reconstruction. Tesco PLC has reported nearly 3,200 regeneration jobs in these communities.
– Marketplace
Marketplace issues mainly include large retailers' fair trade commitment to suppliers and food safety. For example, Sainsbury's, which engaged in the
establishment of Ethical Trading
... Get more on HelpWriting.net ...
48. The Behavior And Management Of The International Retailers...
Table of Content
Executive Summary–
In this portfolio I have discussed about the behavior and management of the International Retailers in the market. Also discussed are the factors upon
which the market and manufacturing of the International retailers depend to maximize and expand their profits and businesses across the Globe to
enhance their relations with the other countries other than their domestic country.
I have also discussed about the Civil Aero–engine Manufacturing. The companies of the engine manufacturing and the markets. Also discussed below
are the factors that play a major role in the building of the engines.
Also discussed below are the PESTLE factors, CAGE Framework and Yip.
Introduction–
International Retailing has existed and gained market in the past decades. There has been a financial boom in many countries. International Retailers
are the companies who are dealing with the retails in the Countries abroad, i.e. far from the countries of the company's origin. Earlier they were just
Domestic Retailers covering their domestic market in the country of their respective origin, but with the elapse of time the demands of people rise in
various items and in various countries. It was not possible for them to fulfill the demand of their domestic market and other countries at the same time.
So with a risk they started to increase their retails shops within the origin country to have a look at the response of the
... Get more on HelpWriting.net ...
49. Bunnings’ Warehouse Future Strategic Plan Essays
|Table of contents | | | |Executive summary | |2 | |I. Summary of the current position of Bunnings | |3 | | Financial Position | |3 | | Bunnings' strategy | |3 |
| Competitor focus... Show more content on Helpwriting.net ...
Bunnings ranks the first in hardware and home improvement market with large occupation of the market and presents quite good in the industry. On
the basis of the past and current experience, Bunnings sets up its strategy to provide products with lowest prices and best service for customers. In the
process of external environment analysis, we find that the whole industry is going through continue growing with high future profitability in the next
few years. However, ever Bunnings doing downstream vertical integration to maximize the profit, it will still be faced with low to medium level
negative influence by remote environment. In the internal analysis, we identify the leader strategy adopted by Bunnings through 5Qs methods, outline
major interests and expectation for several key stakeholders, describe the low cost as its strategic capability by passing three tests, evaluate its'
performance on four perspectives by the Kaplan and Norton's balanced scorecard approach, and distinguish the fierce competition from Mitre, Danks
and Woolworths. As for the gap analysis part, three areas are targeted between Bunnings' strategy and its existing performance analysed above. We also
offer recommendations for each gap. In the last part, two strategic options, production development and market penetration, are chosen to apply
Bunnings' strategy into actual implementation stage. In production development option, employee understanding, customer satisfaction and
... Get more on HelpWriting.net ...