Retail Management

Views:
 
Category: Education
     
 

Presentation Description

No description available.

Comments

By: vnbkrs (11 month(s) ago)

dear sir, ple help me to download for my studies

By: venkatt (12 month(s) ago)

Hey, It's a very nice presentation and it's very easy to understand. I am a MBA faculty. This ppt will be useful and I would like to share this with my Team. Kindly forward the this (Retail Management) PPT to venkatt2020@gmail.com Thanks in advance.

By: dwaram (14 month(s) ago)

Hey, It's a very nice presentationa and it's very easy to understand. I am a Analyst of one of the retail product. This ppt will be useful and I would like to share this with my Team. Kindly forward the this (Retail Management Eagles Module 5) PPT to sridhar_dwaram@yahoo.co.in Thans in advance....

By: dranwarshaikh (14 month(s) ago)

Excellent Presentation. Very much useful for students. Can you forward me this ppt on my email id dranwarshaikg@yahoo.com

By: anandsinghkhati (14 month(s) ago)

pl send me ppt at anandsinghkhati@gmail.com

See all

Presentation Transcript

Retail Management : 

Retail Management Eagles Module 5

Definition : 

Definition A conclusive set of activities or steps used to sell a product or a service to consumers for their personal or family use. It is responsible for matching individual demands of the consumer with the supplies of all the manufacturers. French word ‘retailer’ meaning ‘to cut a piece off’ or ‘to break the bulk’.

Slide 3: 

A retailer is a person, agent, agency, company, or organization which is instrumental in reaching the goods, merchandise, or services to the ultimate consumer.

Characteristics of Retailing : 

Direct Interaction with Customers Lower Average Amount of Sales Transaction Point-of-Purchase Display and Promotion Large Number of Retail Business Units Characteristics of Retailing

Functions of Retailing : 

Sorting Breaking Bulk Holding Stock Additional Services Channel of Communication Transport & Advertising Functions Functions of Retailing

Drivers of Change in Retailing : 

Drivers of Change in Retailing Changing demographics and industry structure Expanding computer technology Emphasis on lower costs and prices Emphasis on convenience and service Focus on productivity Added experimentation Counting growth of non-store retailing

Retail Industry and Economy : 

Retail Industry and Economy It is the largest private industry, ahead of finance and engineering, contributing over 10% to the GDP. Over 50 of fortune 500 and about 25 of the Asian Top 200 companies are retailers/retail company.

Retail Industry in India : 

Retail Industry in India It is the largest industry in India with an employment around 8%. About 12 million retail outlets in India are predominantly small, independent, and owner managed shops. Boom in retail industry is due to income growth, changing lifestyles, and favorable demographic patterns. It is expected that by 2016 modern retail industry in India will be worth US$ 175- 200 billion.

Slide 9: 

The retail business in India is expected to reach Rs.20,000 billion this year. A further increase of 7-8% is expected in the industry of retail in India by growth in consumerism in urban areas, rising incomes, and a steep rise in rural consumption. It is one of the fastest growing industries, increasing at a rate of 5% yearly. It is predicted that the retailing industry in India will amount to US$ 21.5 billion by 2010 from the current size of US$ 7.5 billion.

Slide 10: 

It is predicted that the retailing industry in India will amount to US$ 21.5 billion by 2010 from the current size of US$ 7.5 billion. It is expected that by 2010, India may have 600 new shopping centers. Today organized retailing in India is 2% of the total retail business, it is expected to reach 6% by 2010. Food is the most dominating sector and is growing at a rate of 9% annually. At present 60% of the Indian grocery basket consists of non- branded items.

Types of Retailing : 

Retailing can be Traditional Retailing Organized Retailing or Modern Retailing Types of Retailing

Traditional Retail Formats : 

Traditional Retail Formats Kirana and Independent Stores Co-operative and Government-owned Stores. Examples Central Cottage Industries Emporium Khadi & Village Industries Emporium

Modern retail formats in India : 

Modern retail formats in India Franchised Outlets and Company-owned Stores Geographical Markets Retail Outlets in Rural Area Periodic Markets (shandies/haats/jathras)

Examples of Retailers : 

Examples of Retailers

Retail Formats : 

Departmental Stores Discount Stores Category Killers/MBO’s Specialty Stores Malls Convenience Stores Hypermarket/Supermarket E-Tailers Retail Formats

Departmental Stores : 

Large stores ranging from 20000-50000 sq. ft, catering to a variety of consumer needs. Further classified into localized departments such as clothing, toys, home, groceries. Departmental Stores

Discount Stores : 

As the name suggests, discount stores or factory outlets, offer discounts on the MRP through selling in bulk reaching economies of scale or excess stock left over at the season. The product category can range from a variety of perishable/ non-perishable goods. Discount Stores

Category Killers/MBO’s : 

Multi Brand Outlets, also known as Category Killers, offer several brands across a single product category. These usually do well in busy market places and Metros. Category Killers/MBO’s

Specialty Stores : 

Chains such as the Bangalore based Kids Kemp, the Mumbai books retailer Crossword, RPG's Music World and the Times Group's music chain Planet M, are focusing on specific market segments and have established themselves strongly in their sectors. Specialty Stores

Malls : 

The largest form of organized retailing today. Located mainly in metro cities, in proximity to urban outskirts. Ranges from 60,000 sq ft to 7,00,000 sq ft and above. They lend an ideal shopping experience with an amalgamation of product, service and entertainment, all under a common roof. Examples include Shoppers Stop, Pyramid, and Pantaloon. Malls

Convenience Stores : 

These are relatively small stores 400-2,000 sq. feet located near residential areas. They stock a limited range of high-turnover convenience products and are usually open for extended periods during the day, seven days a week. Prices are slightly higher due to the convenience premium. Convenience Stores

Hypermarket/Supermarket : 

Large self-service outlets, catering to varied shopper needs are termed as Supermarkets. Hypermarket/Supermarket

E-Tailers : 

The retailers who operate online stores to purchase their products are called e-tailers. Here the customers can buy the products they want through online. The best example we can give for e-talers are Amazon.com, e-bay.com, etc... Now-a-days even Wal-Mart and Starbucks are also starting their online retail business. E-Tailers

Thank You : 

Thank You