5. The Basics Of Retail…
Retail Philosophy — “By The People, For The People and Of The
People”
Retailing involves selling products and services to consumers for their
individual or family use. As the final link between consumers and
manufacturers, retailers are a vital part of the business world. Retailers
add value to products by making it easier for manufactures to sell and
consumers to buy.
The Indian Retail Sector can be broadly
classified into—
Food Retailers
Indian Retail Sector
Health & Beauty
Products
Clothing &
Footwear
Home Furniture
& Household
Durable Goods
Leisure &
Personal Goods
destination369
7. Why did Reliance come-up with this segment of business??
Click here to make
the video played.
destination369
8. Market strategy Of Reliance Retail
Working on those 4P’s
Of Marketing
The Product
The Price
The place
VViirraall mmaarrkkeettiinngg
AAddvveerrttiissee yyoouurr bbuussiinneessss
wwiitthh vviiddeeooss,, nnootteess aanndd ee--
mmaaiillss..
Promotion
9. The upcomings of Reliance Retail Limited
Here is a video
explaining the
upcomings.
10. Awards and Recognitions
1. Mukesh D. Ambani received the United States of
America-India Business Council (USIBC) leadership
award for "Global Vision" 2007 in Washington in July
2007 .
2. Mukesh D. Ambani was conferred the Asia Society
Leadership Award by the Asia Society, Washington,
USA, May 2004.
1. Mukesh D. Ambani ranked 13th in Asia's Power 25 list
of The Most Powerful People in Business published by
Fortune magazine, August 2004.
1. Mukesh D. Ambani is Economic Times Business Leader
of the Year
destination369
11. Prominent Indian Retailers
Kishore Biyani,
Managing Director of Pantaloon Retail (India) Limited
The Evolution of Kishore Biyani-
1987-88 – He began manufacturing trousers
1988-92 – He got BARE jeans and John Miller in the
Indian market
1997 – 2001 -He launched his stores starting with the
private label Pantaloons, department stores and then
other formats
2006 – Biyani commands over 1.3 million sq ft of retail
space
destination369
12. Prominent Indian Retailers
B S Nagesh,
Chief Executive Officer,Shoppers’ Stop
Educational Qualification-
Management Degree from Banaras
Hindu University
Achievements- ‘Retail Professional of the
Year’ by ICICI Bank Retail Excellence
Awards, 2005
destination369
13. Career in retail industry
You just need to be good with them
•Commercial awareness
•Self-confidence
•Flexibility
•Strong time management skills
•Team work
•Leadership qualities
•Communication skills
•Analysis and problem-solving
skills
•Numeric skills
•Attention to detail
destination369
14. Pitfalls ,Retailer’s are facing
High rental
Hostile Attitude
Inadequate
Infrastructure
Insufficient Supply
chain
Lack Of Trained
Manpower
Window shopping
destination369