Retail for India Tomorrow !!!
Tags :
retail, retailing in india, strategy
Industry :
Consumer Durables, FMCG/Foods/Beverage, Retail Chain/Logistics
Functional Area : Growth |
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About "Retail for India Tomorrow !!!" topic:
Under this topic, share ideas of retail business in the India which will help retailers with a long term perspective
to emerge strongly and become a great force for the future.....
1 trends
, 6 debates
, 5 idea contests
on topic: "Retail for India Tomorrow !!!"
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(rate this)
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Yes
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15
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22
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No
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Honey Sood
| Argues in support of
"No"
| 3 years ago
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THIS CONCEPY WOULDNT WORK AS IT REQUIRE COMPANY READY TO BEAR HEAVY LOSSES IF FRADULENT PRACTICES HAD BEEN HAPPENDED IN CREDIT CARDS.
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deepak patel
| Argues in support of
"Yes"
| 3 years ago
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perhaps it might just work in india. for most of the people of india are middle class and really dont buy expensive stuff. but for 0% installments they will really do. but linkin only with icici bank will limit its benefits
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jyoti sethi
| Argues in support of
"No"
| 3 years ago
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I dont think people will go for EMI for apparel ,during recession time buying jeans will not be in there priority list...i am sure they would not mind delaying the buy till the time they have enough money to indulge in luxury buying.
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Debate: "Recession offer: Buy jeans on interest-free EMIs. Will this concept work?" deleted from your view.
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(rate this)
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Will Traditional retail continues to dominate
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5
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8
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Modern retail is growing rapidly
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Japan Shah
| Argues in support of
"Will Traditional retail continues to dominate "
| 3 years ago
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I strongly agree that the Mom n Pop run stores, will continue to dominate in the urban as well as the rural markets..
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sanjay
| Argues in support of
"Modern retail is growing rapidly"
| 3 years ago
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they are growing only in metros & 1 tier cities,recession has takes its toll on them
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Vishal Goel
| Argues in support of
"Modern retail is growing rapidly"
| 3 years ago
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Modern retail is growing fastest in the big Tier I cities of Delhi, Chennai, Mumbai, Bangalore and Hyderabad, as well as in many of the more promising Tier II III cities. Modern retailers are opening stores at a frenetic pace, and it is common...
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Debate: "Retail Outlets In India" deleted from your view.
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(rate this)
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The Indian retail sector is ready to take on challenges from global retail players such as Wal-mart and Carrefour because unlike them, they have a better understanding of the Indian consumer’s psyche. Ultimately, a successful retailer is one who understands his customer. The Indian customer is looking for an emotional connection, a sense of belonging. Hence, to be successful any retail outlet has to be localised. The customer should feel that it is a part of his culture, his perceived values, and does not try to impose alien values or concepts on him. Indian customer is not keen to buy something just because it is sold by an international company. Ultimately, it boils down to how much loc...
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Jambu Iyer
| Commented
| 4 years ago
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I firmly believe that the next 5 years will be the defining period as far as organised retail is concerned.....those format which are India specific will emerge successful and those that are xerox copies of the wetsern formats are bound to perish....
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Jambu Iyer
| Commented
| 4 years ago
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already walmart has fallen flat and bit the dust in southasian countries,germany and brazil...
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Raja Pandian
| Commented
| 5 years ago
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Yes, have to agree with him, this is proven already in the mobile phone sales!!
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Trends: "Retail Future in India" deleted from your view.
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(rate this)
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Good
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5
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16
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Bad
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Rathin Deb
| Argues in support of
"Bad"
| 2 years ago
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Namrata I agree with you completely. For everything we need infrastructure. Once broadband infrastructure in place I think the e-retailing will see the light of the day and will gather momentum within no time.
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MANI SUNDARAM
| Argues in support of
"Good"
| 2 years ago
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It is bound to pick up in India in the next 5 years.Talking of infrastucture in this field let us compare what is available today with what was 5 yrs back. The growth is exponential. e-retailing can happen even thro Mobile....SMS. It will be...
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Namrata Pathak
| Argues in support of
"Bad"
| 2 years ago
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I think infrastructure is the problem here, India is still not connected digitally in the first place and the for e-retailing we need internet and if there is no proper broadband infrastructure in the country then how can this e-retailing be a...
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Debate: "What is the prospect of e-reatiling in India over next 5 yrs?" deleted from your view.
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(rate this)
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Yes
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5
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2
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No
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Anita Rai
| Argues in support of
"Yes"
| 3 years ago
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Nishan, good debate....... The government will allow FDI because the pharmaceutical industry in India is one among the most highly organized sectors. This industry plays an important role in promoting and sustaining development in the field of...
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vigneshwar reddy
| Argues in support of
"Yes"
| 3 years ago
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govt of india should allow fdi investment to support our pharmaceutical industry as to grow further in development of life saving product. Sponsors are providing some support right now but if we get our govt support by allowing fdi to provide...
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Debate: "will Govt of India allow FDI in retail sector especially in Pharmacy retail chain?" deleted from your view.
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(rate this)
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1
employment opportunities could have been given to the middle men
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Lack Of Ethical Behaviour to be Considered & Service should be The Motto !!!
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Makrand Bhave
| Supported idea
"employment opportunities could have been given to the middle men"
| 3 years ago
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I agree Akhilesh. It would have given a great boost to the slowly dying Reliance Retail company. Also lost is an opportunity to create more jobs for the rural youth!! I also believe what Manish has said!! It seems that the entire thing has been...
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Manish Gaurav
| Added idea
"Lack Of Ethical Behaviour to be Considered & Service should be The Motto !!!"
| 3 years ago
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Feeling of oneness is what we lack, we come together when there's something unfortunate on whole country. For progress of the nation we all have to step together one after other 'n Always try to be Ethical in our behaviour Service Oriented, be it...
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Ideate: "Reliance Industries Rs 5,000 crore farm-to-fork project in vain" deleted from your view.
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(rate this)
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Yes
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0
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VS |
1
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No
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Akhilesh Majumdar
| Argues in support of
"No"
| 3 years ago
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I believe, most of the consumers today are not the kind who would go out looking for specific stores, especially in the beauty, health wellness category. Such demand would not exist in the larger parts of the country as whatever demand these...
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Debate: "Can Specialized health and Wellness stores work in India?" deleted from your view.
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(rate this)
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1
Credit Facility + Home Delivery(stronger supply chain)
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One Stop Shop
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santosh kumar
| Added idea
"Better shopping experiencec"
| 3 years ago
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They can - health hygiene, variety pricing quality, target market segmentation , innovation etc
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Atul Shah
| Added idea
"Quality and Cost"
| 3 years ago
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Quality and Cost will be main criteria for differentiation. Atul
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Makrand Bhave
| Supported idea
"One Stop Shop"
| 3 years ago
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Like a WALMART. I believe that shopping in WALMART is indeed an EXPERIENCE!! The A to Z is available and you would come across a pattern that hat you need next is available in the shop next to where you are. Convenience and space with brands. Its...
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Ideate: "How Can Supermarkets Truly Differentiate?" deleted from your view.
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(rate this)
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Yes
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9
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VS |
5
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No
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Akshay Rao
| Argues in support of
"Yes"
| 3 months ago
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It'll take convenience to a new level. It's like a "Blue Ocean" wherein you create the market for yourself. But I am not too sure about the regulatory requirements.
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R.Saseenthren
| Argues in support of
"No"
| 3 years ago
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I also agree for the above statement,Actually the Consumers they wanted purchase their products from one place it's should be in reliable and permanent place, even for any discrepancy they have to change their product ,if wheels business always...
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sudhakar singh
| Argues in support of
"No"
| 4 years ago
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i dont think it may work.this may only work where the shopping conveniences are far off and at the same time the pricing strategy and merchandise variety is focussed onto.as for me, the kirana stores compliment to the mobile retail stores as they...
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Debate: "Retail stores on wheels - will it work in India?" deleted from your view.
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(rate this)
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Quality Assurance, Wide Range of Variety & Personal Attention to Customer
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Right supply chain strategy
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Davies francis
| Added idea
"customer service"
| 3 years ago
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according to my view the best is give service to cutomer the customer will respond back
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shad
| Supported idea
"Right supply chain strategy"
| 3 years ago
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Dear Professor Siddharth, What you mentioned about pricing and supply chain is correct conceptually however your initial statements sound a bit contradictory. Reason #1: You mentioned if 2 stores have similar variety of products, then its pricing...
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Manish Gaurav
| Supported idea
"Quality Assurance, Wide Range of Variety & Personal Attention to Customer"
| 3 years ago
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Dear Mr.Siddharth Every retail store that has effective efficient supply chain strategy will not be successful unless it gets the customers to the shop. So, the 3 factors mentioned by me are the cause of business to be a success...
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Ideate: "What according to you is the critical retail mantra for success ?" deleted from your view.
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