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Retail Operation
 

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Retail operations

Category: Business Area
Industries: Retail Chain/Logistics
Functional Areas: Business Models
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As we move into what has the makings of the most severe downturn, we will...
 
 
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Right Brand/Category Mix- Location & Size
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Enhanced Value Delivery
3
Proper customer services
 
 
3
Power of Zero-Based Strategy
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take utmost care
1
Stability
As per my experience most of the staff does not have indepth product knowledge- they try to convince customer on factors not asked by customers which makes buyers irritated and result in lose of sales , knowledge of promotions running in the market is...
Idea added by sls, retail management, Fast Retailing  | 1 year ago
focusing here referring to the initial concept and how well a management team stick to the concept and run the whole show.
All of us here are only mentioning SALES/ PROMOTIONS. These can be done once in a while to attract customers but I dont suppose they have a life. Too frequent sales/ promotions can endanger the brand image and people might start considering you as a...
Daily we are seeing news like why there is no 100% FDI in Multi-brand retail, there are many who are opposing like there should be no 100% FDI as it will affect Indian retailers a lot, but are we only seeing the affects of 100% FDI in multi-brand...
One of the key challenge which I identify today is to align a team with the organizations goal and creating mechanism to stay focused all the time. This also essentially involves aligning our personal success definitions with company’s growth...
Supermarkets must manage to meet a family's daily needs and draw up contracts accordingly. If I need to buy say 5,000 rupees of grocery every month, offer to manage my inventory levels and that too just in time and fresh deliveries. Offer that to keep...
After much hype hoopla regarding entry of mega formates in retail, we can see that at present there is no major threat to small retailers.  They  are doing well thriving. Even franchising is in vogue, even with some top notch brands, though these ...
Attaintive, cordial, enthusiastic, observant, able to make relations with customer, target oriented, can assist in product selection (if the customer in confused) even very smart in substituting the product similar accepted to the required one (as its...
Like every business, retail too involves all the intricate functionalities dynamics of business trade but in my view it also requires a bit of arts of psychology behavioral science as you are directly connected to the people who are your valued...
Discounts, promotional activities, offers these are only tools for some specific time, product or for buyers, that keeps the momentum of trade. One should always understand the basic needs of his/her target customers. From my experience being a...
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