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Other Added - FDI In Retailing
I well remember during my first working visit to Africa, nearly twenty years ago, that on discussing the visible corruption where I was working, a young African said to me, ‘but of course you don’t have any corruption in your country, do you?’ I gently told him, yes we do, but on the whole, there isn’t much publicity about such things.Now we are in the year 2005 with vastly expensive computer systems, layer upon layer of audit and inspection, risk management, good governance an
If you go through this discomfort early, you could have different outcome when Wal-mart opens. Changes is much better when you initiate it. When you Acknowledge the threat ,Analyze the weakness, take action to change and Act on those items on daily basis, you will be leagues ahead of your frightened competitor.
Happy Selling!!
Thanks and Regards,
S.Rabi Jayakumar
Head - Retail Operations
Mobile: 09323738042
Phone: +91 22 39402936 / 39407123
E.mail : rabi.jayakumar@lp.giniandjony.com<
Service Technology Professionalism Cost Location Service. Can your new provider handle your unique needs? You can only ask. But don’t just take their word. Ask for references in your size and type of business. Smaller providers may only be able to get close but that is OK. You’re concerned about how, not what, service is provided. Ask the references for other reference back to the provided that they d
Few Facts and real threat of largest Retail Company in the World:
• 4 out of 10 Women will shop at Wal-mart
• Wal-mart being the largest employer than the US Army
• One in three Procter & Gamble products is sold through Wal-mart
• One out of every five toy purchases happen in Wal-mart
• Wal-mart can demand maximum margins from its vendors
Normal perception of a regional retailer is, My customers are loyal to my store but this will not suffice in the longer run, in today’s scenario where the expectation levels of a consumer has gone beyond our imagination.
In such developments, we to acknowledge the real threat and analyze our Current Infrastructure, Merchandise Mix, Trained sales team and finally the marketing plan through which we would be generating business.
Retail Infrastructure, which needs more attention to attract consumers and increase footfalls in our stores, this will lead a customer to spend maximum number of hours in your stores delivering business.
Merchandise Planning:
A store will perform better amidst of competition, through its forecast of understanding its consumer with latest fashion and trends,the overall goal is to have higher-end merchandise that isn’t as readily available with any big Discounter
Training & Development:
It is high time to analyze the sales team, do they value customer? Do they have a positive attitude? Do they no the features and benefits of the merchandise we sell? Does our sales staff know the technique of up selling. The major focus on comprehensive retail training will bring in results interpreting better customer service, creating disparity among parity
Reviewing Marketing Plan:
Analyzing, examining the existing marketing efforts will show the way to improvise the current phase, especially store should create a consistent image in the market to have a defined customer segmentation. the plan should basically cover your existing consumer and consumers who don’t know your store. Finally it is a matter of differentiating your business and take on the big box.
Business Style:
Firstly differentiate whatever products you have against the big box, if they carry the same brand find another expensive brand, taking time to creatively build a compelling and selling display. Finally, if there is no way to change your product mix to different brands, consider discontinuing the items most likely to sold with the Discounter or a Big box.
Now you’re ready to take Action! Prioritize, Plan, Profit
Initially we need to look at the critical things for success, even if it is not easiest thing to do. Critical things are absolute must will really bring change in the business growth. They might include adding new lights to your store, hiring new employees, moving your layout plan, re-training your existing employees. Work your plan until you have accomplished much of your list.
If you go through this discomfort early, you could have different outcome when Wal-mart opens. Changes is much better when you initiate it. When you Acknowledge the threat ,Analyze the weakness, take action to change and Act on those items on daily basis, you will be leagues ahead of your frightened competitor.
Happy Selling!!
Thanks and Regards,
S.Rabi Jayakumar
Head - Retail Operations
Mobile: 09323738042
Phone: +91 22 39402936 / 39407123
E.mail : rabi.jayakumar@lp.giniandjony.com
If you choose a career option such as buying your own franchise rather than taking a job in Corporate America you must realize that you will have to disclose certain financial information in order to qualify prior to the sales process or acceptance of application. Some believe this is not fair and worry about identity theft. So, should the government regulators allow franchisors to ask for this information?Some franchise buyers say no and yet how can the franchisor know if you h
In such developments, we to acknowledge the real threat and analyze our Current Infrastructure, Merchandise Mix, Trained sales team and finally the marketing plan through which we would be generating business.
Retail Infrastructure, which needs more attention to attract consumers and increase footfalls in our stores, this will lead a customer to spend maximum number of hours in your stores delivering business.
Merchandise Planning:
A store will perform better amidst of competition, through its forecast of understanding its consumer with latest fashion and trends,the overall goal is to have higher-end merchandise that isn’t as readily available with any big Discounter
Training & Development:
It is high time to analyze the sales team, do they value customer? Do they have a positive attitude? Do they no the features and benefits of the merchandise we sell? Does our sales staff know the technique of up selling. The major focus on comprehensive retail training will bring in results interpreting better customer service, creating disparity among parity
Reviewing Marketing Plan:
Analyzing, examining the existing marketing efforts will show the way to improvise the current phase, especially store should create a consistent image in the market to have a defined customer segmentation. the plan should basically cover your existing consumer and consumers who don’t know your store. Finally it is a matter of differentiating your business and take on the big box.
Business Style:
Firstly differentiate whatever products you have against the big box, if they carry the same brand find another expensive brand, taking time to creatively build a compelling and selling display. Finally, if there is no way to change your product mix to different brands, consider discontinuing the items most likely to sold with the Discounter or a Big box.
Now you’re ready to take Action! Prioritize, Plan, Profit
Initially we need to look at the critical things for success, even if it is not easiest thing to do. Critical things are absolute must will really bring change in the business growth. They might include adding new lights to your store, hiring new employees, moving your layout plan, re-training your existing employees. Work your plan until you have accomplished much of your list.
If you go through this discomfort early, you could have different outcome when Wal-mart opens. Changes is much better when you initiate it. When you Acknowledge the threat ,Analyze the weakness, take action to change and Act on those items on daily basis, you will be leagues ahead of your frightened competitor.
Happy Selling!!
Thanks and Regards,
S.Rabi Jayakumar
Head - Retail Operations
Mobile: 09323738042
Phone: +91 22 39402936 / 39407123
E.mail : rabi.jayakumar@lp.giniandjony.com<
The corporation is probably the mother of all limited liability entities. The case law is vast and the complexities are many. However, a corporation can be a great business form if you know the differences between the various types of corporations.Corporations are subject to double taxation. A dollar earned by the corporation is taxed once as a corporate earning and then taxed again upon distribution to shareholders. However, this is not true for all types of corporations.
Training & Development:
It is high time to analyze the sales team, do they value customer? Do they have a positive attitude? Do they no the features and benefits of the merchandise we sell? Does our sales staff know the technique of up selling. The major focus on comprehensive retail training will bring in results interpreting better customer service, creating disparity among parity
Reviewing Marketing Plan:
Analyzing, examining the existing marketing efforts will show the way to improvise the current phase, especially store should create a consistent image in the market to have a defined customer segmentation. the plan should basically cover your existing consumer and consumers who don’t know your store. Finally it is a matter of differentiating your business and take on the big box.
Business Style:
Firstly differentiate whatever products you have against the big box, if they carry the same brand find another expensive brand, taking time to creatively build a compelling and selling display. Finally, if there is no way to change your product mix to different brands, consider discontinuing the items most likely to sold with the Discounter or a Big box.
Now you’re ready to take Action! Prioritize, Plan, Profit
Initially we need to look at the critical things for success, even if it is not easiest thing to do. Critical things are absolute must will really bring change in the business growth. They might include adding new lights to your store, hiring new employees, moving your layout plan, re-training your existing employees. Work your plan until you have accomplished much of your list.
If you go through this discomfort early, you could have different outcome when Wal-mart opens. Changes is much better when you initiate it. When you Acknowledge the threat ,Analyze the weakness, take action to change and Act on those items on daily basis, you will be leagues ahead of your frightened competitor.
Happy Selling!!
Thanks and Regards,
S.Rabi Jayakumar
Head - Retail Operations
Mobile: 09323738042
Phone: +91 22 39402936 / 39407123
E.mail : rabi.jayakumar@lp.giniandjony.com<
There is a high expectation that the leader be competent in the assigned task or specialty he is supervising. This expectation exists to some level in all endeavors. Workers want the boss to know what they do and to have, at least, a rudimentary understanding of how it is done. At a minimum, the leader should be familiar with the task. Even better, he should have some proficiency at it. Employees at all levels consistently cite the importance of technical competence in their leaders.
Business Style:
Firstly differentiate whatever products you have against the big box, if they carry the same brand find another expensive brand, taking time to creatively build a compelling and selling display. Finally, if there is no way to change your product mix to different brands, consider discontinuing the items most likely to sold with the Discounter or a Big box.
Now you’re ready to take Action! Prioritize, Plan, Profit
Initially we need to look at the critical things for success, even if it is not easiest thing to do. Critical things are absolute must will really bring change in the business growth. They might include adding new lights to your store, hiring new employees, moving your layout plan, re-training your existing employees. Work your plan until you have accomplished much of your list.
If you go through this discomfort early, you could have different outcome when Wal-mart opens. Changes is much better when you initiate it. When you Acknowledge the threat ,Analyze the weakness, take action to change and Act on those items on daily basis, you will be leagues ahead of your frightened competitor.
Happy Selling!!
Thanks and Regards,
S.Rabi Jayakumar
Head - Retail Operations
Mobile: 09323738042
Phone: +91 22 39402936 / 39407123
E.mail : rabi.jayakumar@lp.giniandjony.com<
Culture Surveys. A very powerful tool to get inside the minds of your staff … and then remove all responsibility from them.I was speaking with a friend the other day and the subject of culture survey came up. His company had completed one recently and the numbers were down … way down!To the company’s credit they decided a no holds barred approach was the solution to find out what is really going on. They hired a consultant to interview who he wanted about
If you go through this discomfort early, you could have different outcome when Wal-mart opens. Changes is much better when you initiate it. When you Acknowledge the threat ,Analyze the weakness, take action to change and Act on those items on daily basis, you will be leagues ahead of your frightened competitor.
Happy Selling!!
Thanks and Regards,
S.Rabi Jayakumar
Head - Retail Operations
Mobile: 09323738042
Phone: +91 22 39402936 / 39407123
E.mail : rabi.jayakumar@lp.giniandjony.com
Play at www.giniandjony.com
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