09 d31e0018

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7 Retail Management? Introduction, scope and trends in Retailing 1 PRESENTED BY PRESENTED BY R NO 09D31E0018 R NO 09D31E0018 Abdul gouse md Abdul gouse md MBA 2 MBA 2 nd nd YEAR YEAR IIET IIET

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Transcript of 09 d31e0018

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7Retail Management?

Introduction, scope and trends in Retailing

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PRESENTED BYPRESENTED BYR NO 09D31E0018R NO 09D31E0018Abdul gouse mdAbdul gouse mdMBA 2MBA 2ndnd YEAR YEARIIETIIET

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Refreshor!!!!

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Distribution Network

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Issues in Retailing

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A Typical Channel of Distribution

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Manufacturer

WholesalerFinal

Consumer

Retailer

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The Retailer’s Role in the Sorting Process (link to Mkt. Mix)

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Special Characteristics Affecting Retailers

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Retailer’sStrategy

Small Average

Sale

Impulse Purchase

Popularityof

Stores

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Customer Service

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Relationship Retailing

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Key Drivers Consumer Pull Rising incomes Explosion of media Change in consumer behavior Consumerism cycle The Rural market: Waking up Supply chain establishment Entry of Corporate sector Expansion of family owned businesses New Entrepreneurs Reducing Brand dominance Foreign retailers seeking entry Technological impact

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