retail management

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Presentation Transcript

WELCOME : 

Presented by: - Jyoti WELCOME

MEANING : 

MEANING Retail means “cutting a piece of” or “ breaking the bulk”. It is the 2nd last channel in the distribution channel. It act like an intermediate between the manufacturer and the consumers. It provide 3 V’s to the customers that is VALUE VARIETY VOLUME

FORMATS OF RETAIL MARKET : 

FORMATS OF RETAIL MARKET MALLS (60,000 TO 7,00,000 sq feet) Convenience Stores (400-2,000 sq. feet) Department Stores (OVER 30,000 sq feet) Specialty Stores (planet M, times music, cat moss, etc)

CURRENT SCENARIO : 

CURRENT SCENARIO It is the most booming sector in Indian Economy after IT sector. It contribute 10% of the G.D.P and estimated to show 20% annual growth. The current growth rate is to be estimated 8.5% and only 3% of the entire retailing business is in the Organized sector. At present there are 300 Malls, 1500 Super markets, 325 Departmental stores.

Continue . . . . : 

Continue . . . . It is the 2nd largest source of employment after agriculture sector. Total size of the Market is also expected to increase to Rs. 14,790 billion from the current level of Rs. 5,880 billion. IBM is also ready to enter in the retail sector in server products, secure software, scalable storage solutions and integration services.

MAJOR PLAYERS : 

MAJOR PLAYERS Big Bazaar Pantaloons Archies Bata India Ltd.

Slide 7: 

Titan Food Bazaar Continue . . . .

KEY FACTORS : 

KEY FACTORS Change in consumer profile Demographic factor Increase in the number of international brands Increasing urbanization

BENEFITS : 

BENEFITS Higher competition lead to higher quality of products and services. It enhances better life style of its customers. Employment will increase. Technology would be up-graded in terms of logistics, production and distribution channels. It provide variety to its customers.

CAREER OPPORTUNITY : 

CAREER OPPORTUNITY As retail sector is moving towards modernization and consolidation, generating employment for innumerable people. It is expected to offer 50,000 jobs in the coming FIVE years. Vacancies from the entry level to senior Management level. SKILLS REQUIRED Communication skills Team spirit Out standing personality Dynamic Right attitude Inter personal skills Adaptable

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THANKS A TON