will it be viable to sell financial products through retail outlets in indian market as being sold in UK markets?
Tags :
organised retail, financial products, banking, insurance, rural retail
Industry :
Banking
Functional Area : Business Models |
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About "will it be viable to sell financial products through retail outlets in indian market as being sold in UK markets?" topic:
Traditional banks have proved to be the most important tool for channelizing saving and giving out credit. But in modern times with the growth of retail sector and supermarkets accompanied by the change in shopping habits of customers, where they want to buy all their daily needs at one stop-shop. Importance of outlets providing all services at one place is becoming highly imperative. Supermarkets provide the best solution for making all services available under one roof. Financial services provided in-store in UK supermarkets is one such product which is not yet introduced in India.
i would like to know if your views on the topic!
however i fvey strongly believe selling these services will be viable both in urban and rural areas of india.
2 debates
on topic: "will it be viable to sell financial products through retail outlets in indian market as being sold in UK markets?"
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(rate this)
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Organized retail
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18
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6
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Un-organized retail
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R varadarajan
| Argues in support of
"Organized retail "
| 4 years ago
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Organized retail is here to stay and they will replace the mom pop store to a large extent: People will use the organized format for almost every thing except for items that they need at short notice. The reason for this are many. A few of them...
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Sudhansu Jena
| Argues in support of
"Un-organized retail"
| 4 years ago
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I would also like to mention that organized retail is still in its nascent stage. Organized retail in India has not reached the rural people. But in cities, I agree it is here to stay. India has been on a consumption spree over the last few years....
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Khan Jahangir
| Argues in support of
"Un-organized retail"
| 4 years ago
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They are nearer to the residence even children can buy some stores. Parents avoid Malls as they distract the children and invite impulse buying.
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Debate: "Tough road ahead for Organized retail in india." deleted from your view.
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(rate this)
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Yes
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26
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VS |
14
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No
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Esha Johar
| Argues in support of
"No"
| 3 years ago
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Andrew I agree with you, the financial products on web are not that successful as direct selling. The major disadvantage is the satisfaction and clarification. If your are selling it directly he can no and then get clarified his doubts which will...
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Munish C
| Argues in support of
"Yes"
| 3 years ago
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companies offering financial products are among the top online advertisers as trends shows over the last few years. i have seen companies hugely utilizing their marketing budgets during the last quarter on various online channels. its now a...
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Ekta Dutta
| Argues in support of
"Yes"
| 3 years ago
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In my opinion, Internet facilitates the client a more active role in selecting a policy at the best price, while reducing the amount of time agents spend actively seeking new clients. With new technology and innovation, people can choose their...
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Debate: "Is marketing of financial products through web a success?" deleted from your view.
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