SlideShare uma empresa Scribd logo
1 de 15
RETAIL REVOLUTION
FOCUSING ON THE CONSUMERS AND THEIR NEEDS
PRESENTATION CONTENTS
• Introduction of Retail Sector
• Reason of Revolution
• Prime Focus on Consumers
• Enhancing Growth of Retail Industry
• Grocers/General Stores – Biggest Contribution
• Pharmaceuticals Company: Growth
• Statistical Data
• FDI in Retail Sector
• Increasing E commerce and M Commerce
• Thank You
INTRODUCTION OF RETAIL SECTOR
Supermarkets, mini-marts, speciality stores and even online
grocery shopping have made life easier for consumers. Life for
manufacturers, however, is only getting more complicated. With
so many options available. Retail sector is one of the most
emerging sector in the world today.
Evolution Of Retail Channels In India
Grocers and general stores should continue to drive retail FMCG
growth
Chemists channel is growing 20% faster than total FMCG category
Modern trade channels are increasingly being used as laboratories
to test product innovations
REASON OF REVOLUTION
Prime Reason for Retail Revolution is increasing demand
of consumers and their needs.
Reasons:
• Increasing Consumer Needs and their demands
• Increasing Competition
• Globalisation- Quality Oriented Products and Services
• Variety of Options Available for selection
• Technology Upgradation – Introduction of E
Commerce and M Commerce
PRIME FOCUS : CONSUMERS
Trend in India has changed from what was
available few year back. Emerging trend of retail
shopping in India has changed drastically.
• Businesses prime focus is consumer needs
and satisfaction
• Offering Variety of Products just a click away
• Heavy Discounts for Prime Customers to keep
them motivated
• After Sales services to ensure that consumer
is at ease
ENHANCING GROWTH OF RETAIL INDUSTRY
• Improved customer perception
Stores who do create a seamless experience that
integrates all different forms of technology, however, can
gain significant customer loyalty. Those brands are
perceived as forward-thinking and responsive to
customer's needs — qualities that will keep customers
coming back.
• Increased sales
The primary driver for a retailer adopting any strategy is,
of course, increasing profit, most frequently by increasing
sales. Multi-channel retailing, by offering a variety of
engagement points for the customer to make a purchase,
increases the convenience and ease of sales, thus
boosting profit.
• Best practices
While every type of channel has its own unique set of
challenges, there are some strategies that are true across
all engagement points.
GROCERS/GENERAL STORES : BIGGEST CONTRIBUTION
In India Grocers Stores has provided the biggest
Contribution in country’s growth.
Due to retail industry coming into india for
establishment, the growth has doubled up.
Walmart, World’s Biggest Grocery stores wish to hit
the Indian Market and due to this, the domestic
Grocers like Reliance, Spencers and Big Bazzar are
focusing to provide the best to their consumers.
Increased Quality, More Discounts and Offers are
provided by Domestic Sellers so that they are not
washed away.
PHARMACEUTICAL COMPANY : GROWTH
Chemists channel is growing 20% faster than total FMCG category
Chemists have come a long way from just stocking medicines.
Today, chemists in India form a significant channel for FMCG
manufacturers. In fact, of the 20 categories that contribute to 80
percent of Chemists’ value sales, only eight are over the counter
(OTC) medications.
The bulk of these retailers’ sales comprise FMCG products. This
shift largely reflects the Food & Drug Administration’s (FDA)
increased regulations on sales of prescription drugs (Rx) and OTC
drugs, which require chemists to maintain purchase and sales
records, ensure one pharmacist is on duty at all times and collect
prescription copies for every sale.
STATISTICAL DATA
Statistical Data reveals that maximum
contribution in India’s growth is through
Grocery and Retail sector.
Pie Charts clearly represents that Food
and Grocery share the maximum portion
of 59.50% In the Country’s growth and
Development
Chemists and Pan Plus Growth has been
tremendously high. Food and Drug
Administration (FDA) has increased its
regulations on Sales of Prescription Drugs
to be sold
STATISTICAL DATA
Paan Plus stores, usually small kiosks selling tobacco-
based products and located near transport hubs like
railway stations and bus stops or in residential areas
and slums, are increasingly carrying a greater
assortment of consumer goods, making them another
important channel for FMCG manufacturers. More
importantly, these stands and small shops allow for
impulse, as well as regular purchases.
Despite being significantly smaller in store size than
grocers and chemists, Paan Plus stores have been
stocking up on FMCG categories including impulse
items as well as regular purchase categories like hair
oils and toothpastes. Paan Plus has motivated small
Vendors and in benefit of Social Class
FDI IN RETAIL SECTOR
The major benefit of FDI is that it is both supplementary and
complimentary with regards to local investment.
FDI lets a company gain better access to top class technology
and supplementary funds. They are also exposed to
management practices in vogue around the world and also get
the chance to become a part of the global market system.
The Indian government had commissioned Indian Council for
Research on International Economic Relations (ICRIER) to
perform a study on the effect of organized retailing practices on
its unorganized counterpart.
Benefits:
• More options and variety for consumers
• Best Prices to select
• More offers and discounts
• Advance Technology adopted from USA and other countries
E COMMERCE : BIGGEST REFORM IN RETAIL
E-commerce has been around for a while.
However, as per our estimates, its contribution
to FMCG is still less than 1.0 percent. Despite
the consumers’ increasing access to online
payment methods, shoppers restrict their use of
these options largely to travel and electronics.
Benefits of E Commerce:
• Variety of Options Available at a click
• Anytime Anywhere facility
M COMMERCE : NEW MARKET TREND
M-Commerce, on the other hand, is a relatively
new phenomenon. Players like Flipkart and
Amazon are leveraging the rapid growth in
mobile internet penetration to reach the 180
million potential consumers accessing mobile
internet from their smartphones. A number of
online retailers have created mobile
applications that can be downloaded and used
by consumers.
M COMMERCE BENEFITS:
1. BOOSTS CONSUMER CONFIDENCE
2. 24X7 BUYING FACILITY
3. USER FRIENDLY APPS
4. SAFE AND SECURE TRANSACTION OVER
THE MOBILE
5. DISCOUNT AND OFFERS DELIVERED
Source: Nelson India
THANK YOU !

Mais conteúdo relacionado

Mais procurados

Retail marketing in India
Retail marketing in IndiaRetail marketing in India
Retail marketing in IndiaAmit Kale
 
From bricks to clicks - Generating global growth through eCommerce expansion
From bricks to clicks - Generating global growth through eCommerce expansionFrom bricks to clicks - Generating global growth through eCommerce expansion
From bricks to clicks - Generating global growth through eCommerce expansionJoerg Strotmann
 
New channel distributions unlock retail india
New channel distributions unlock retail indiaNew channel distributions unlock retail india
New channel distributions unlock retail indiaeTailing India
 
Msb dairy event antoaneta becker
Msb dairy event antoaneta beckerMsb dairy event antoaneta becker
Msb dairy event antoaneta beckerBusiness West
 
State of the Global Retailing Industry in 2014
State of the Global Retailing Industry in 2014State of the Global Retailing Industry in 2014
State of the Global Retailing Industry in 2014Euromonitor International
 
PostExpo Hong Kong - Cross-Border eCommerce
PostExpo Hong Kong - Cross-Border eCommercePostExpo Hong Kong - Cross-Border eCommerce
PostExpo Hong Kong - Cross-Border eCommerceCharles Thompson
 
Industry series20
Industry series20Industry series20
Industry series20PUBLICIS
 
Understanding how US online shoppers are reshaping the retail experience
Understanding how  US online shoppers  are reshaping the  retail experienceUnderstanding how  US online shoppers  are reshaping the  retail experience
Understanding how US online shoppers are reshaping the retail experienceЮниВеб
 
White paper Three Trends Changing the FMCG Ecosystem
White paper   Three Trends Changing the FMCG EcosystemWhite paper   Three Trends Changing the FMCG Ecosystem
White paper Three Trends Changing the FMCG EcosystemSteve Arens
 
Prestudy China eCommerce Growth, 27.10.2015
Prestudy China eCommerce Growth, 27.10.2015Prestudy China eCommerce Growth, 27.10.2015
Prestudy China eCommerce Growth, 27.10.2015Business Finland
 
Challenges emerging in sports goods retail market in vidarbha region
Challenges emerging in sports goods retail market in vidarbha regionChallenges emerging in sports goods retail market in vidarbha region
Challenges emerging in sports goods retail market in vidarbha regionIAEME Publication
 
[Netcore] Ecommerce personalization benchmark report 2021
[Netcore] Ecommerce personalization benchmark report 2021[Netcore] Ecommerce personalization benchmark report 2021
[Netcore] Ecommerce personalization benchmark report 2021Duy, Vo Hoang
 
[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT
[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT
[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾTKhải Tiên
 
Lse ulvr 2020
Lse ulvr 2020Lse ulvr 2020
Lse ulvr 2020BnhV51
 
Fashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - SummaryFashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - SummaryBusiness Finland
 
Unveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With AutomationUnveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With AutomationRetailers Association of India
 

Mais procurados (19)

Retail marketing in India
Retail marketing in IndiaRetail marketing in India
Retail marketing in India
 
From bricks to clicks - Generating global growth through eCommerce expansion
From bricks to clicks - Generating global growth through eCommerce expansionFrom bricks to clicks - Generating global growth through eCommerce expansion
From bricks to clicks - Generating global growth through eCommerce expansion
 
New channel distributions unlock retail india
New channel distributions unlock retail indiaNew channel distributions unlock retail india
New channel distributions unlock retail india
 
Ashish goswami(b079) future of retail pharmacies in india
Ashish goswami(b079) future of retail pharmacies in indiaAshish goswami(b079) future of retail pharmacies in india
Ashish goswami(b079) future of retail pharmacies in india
 
Msb dairy event antoaneta becker
Msb dairy event antoaneta beckerMsb dairy event antoaneta becker
Msb dairy event antoaneta becker
 
State of the Global Retailing Industry in 2014
State of the Global Retailing Industry in 2014State of the Global Retailing Industry in 2014
State of the Global Retailing Industry in 2014
 
mySupermarket
mySupermarketmySupermarket
mySupermarket
 
Retailvertical
RetailverticalRetailvertical
Retailvertical
 
PostExpo Hong Kong - Cross-Border eCommerce
PostExpo Hong Kong - Cross-Border eCommercePostExpo Hong Kong - Cross-Border eCommerce
PostExpo Hong Kong - Cross-Border eCommerce
 
Industry series20
Industry series20Industry series20
Industry series20
 
Understanding how US online shoppers are reshaping the retail experience
Understanding how  US online shoppers  are reshaping the  retail experienceUnderstanding how  US online shoppers  are reshaping the  retail experience
Understanding how US online shoppers are reshaping the retail experience
 
White paper Three Trends Changing the FMCG Ecosystem
White paper   Three Trends Changing the FMCG EcosystemWhite paper   Three Trends Changing the FMCG Ecosystem
White paper Three Trends Changing the FMCG Ecosystem
 
Prestudy China eCommerce Growth, 27.10.2015
Prestudy China eCommerce Growth, 27.10.2015Prestudy China eCommerce Growth, 27.10.2015
Prestudy China eCommerce Growth, 27.10.2015
 
Challenges emerging in sports goods retail market in vidarbha region
Challenges emerging in sports goods retail market in vidarbha regionChallenges emerging in sports goods retail market in vidarbha region
Challenges emerging in sports goods retail market in vidarbha region
 
[Netcore] Ecommerce personalization benchmark report 2021
[Netcore] Ecommerce personalization benchmark report 2021[Netcore] Ecommerce personalization benchmark report 2021
[Netcore] Ecommerce personalization benchmark report 2021
 
[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT
[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT
[DNTS2019 - Hyper Junior] TÀI LIỆU THUYẾT TRÌNH VÒNG 1 CHUNG KẾT
 
Lse ulvr 2020
Lse ulvr 2020Lse ulvr 2020
Lse ulvr 2020
 
Fashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - SummaryFashion Trends and Business Opportunities in South Korea - Summary
Fashion Trends and Business Opportunities in South Korea - Summary
 
Unveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With AutomationUnveiling of white paper: Redefine Retail Warehousing With Automation
Unveiling of white paper: Redefine Retail Warehousing With Automation
 

Destaque (18)

Indian Service Industry
Indian Service Industry Indian Service Industry
Indian Service Industry
 
Ob11 06st
Ob11 06stOb11 06st
Ob11 06st
 
Dermatology
DermatologyDermatology
Dermatology
 
Chapter7
Chapter7Chapter7
Chapter7
 
Ob11 01st
Ob11 01stOb11 01st
Ob11 01st
 
4 ps vs 7ps
4 ps vs 7ps4 ps vs 7ps
4 ps vs 7ps
 
Ob11 08st
Ob11 08stOb11 08st
Ob11 08st
 
Google and ipo
Google and ipoGoogle and ipo
Google and ipo
 
Ob11 10st
Ob11 10stOb11 10st
Ob11 10st
 
Why companies go
Why companies goWhy companies go
Why companies go
 
Ob11 16st
Ob11 16stOb11 16st
Ob11 16st
 
Cross culture adaptability
Cross culture adaptabilityCross culture adaptability
Cross culture adaptability
 
Cranial cavity
Cranial cavityCranial cavity
Cranial cavity
 
Brand management
Brand managementBrand management
Brand management
 
Service blue print
Service blue printService blue print
Service blue print
 
Advertisingagencyanditsfunctions 110214051140-phpapp02
Advertisingagencyanditsfunctions 110214051140-phpapp02Advertisingagencyanditsfunctions 110214051140-phpapp02
Advertisingagencyanditsfunctions 110214051140-phpapp02
 
Improving patient flow value stream management
Improving patient flow value stream managementImproving patient flow value stream management
Improving patient flow value stream management
 
Green hospitals
Green hospitalsGreen hospitals
Green hospitals
 

Semelhante a Retail Revolution

What are the major trends with Marketing Intermediaries ?
What are the major trends with Marketing Intermediaries ?What are the major trends with Marketing Intermediaries ?
What are the major trends with Marketing Intermediaries ?Sameer Mathur
 
Retailing in India - retailing revolution in India.pptx
Retailing in India - retailing revolution in India.pptxRetailing in India - retailing revolution in India.pptx
Retailing in India - retailing revolution in India.pptxAsha Dhilip
 
Service Marketing Management
Service Marketing ManagementService Marketing Management
Service Marketing Management4rahuljain
 
IRI Review of C Stores 2013
IRI Review of C Stores 2013IRI Review of C Stores 2013
IRI Review of C Stores 2013Neil Kimberley
 
Running HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS .docx
Running HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS       .docxRunning HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS       .docx
Running HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS .docxanhlodge
 
Chapter1
Chapter1Chapter1
Chapter1kamran
 
Retail Sector In India
Retail Sector In IndiaRetail Sector In India
Retail Sector In Indiapurval
 
Demand&supply in retail
Demand&supply in retailDemand&supply in retail
Demand&supply in retailSmrithi Hemaraj
 
Retail - Some important concepts
Retail - Some important conceptsRetail - Some important concepts
Retail - Some important conceptsMidhun Abraham
 
What are the major trends with marketing intermediaries
What are the major trends with marketing intermediariesWhat are the major trends with marketing intermediaries
What are the major trends with marketing intermediariesSameer Mathur
 
Retail Industry - Supply and Demand
Retail Industry - Supply and Demand Retail Industry - Supply and Demand
Retail Industry - Supply and Demand ShrutiAgarwal183
 
Major trends with marketing intermediaries
Major trends with marketing intermediariesMajor trends with marketing intermediaries
Major trends with marketing intermediariesManisha Shrivastava
 
Retail in India : Porter's 5 forces & SWOT
Retail in India : Porter's 5 forces & SWOTRetail in India : Porter's 5 forces & SWOT
Retail in India : Porter's 5 forces & SWOTKandarp Desai
 
Sdm questions and answers [jatin gadhiya]
Sdm questions and answers [jatin gadhiya]Sdm questions and answers [jatin gadhiya]
Sdm questions and answers [jatin gadhiya]Prakash Goti
 

Semelhante a Retail Revolution (20)

What are the major trends with Marketing Intermediaries ?
What are the major trends with Marketing Intermediaries ?What are the major trends with Marketing Intermediaries ?
What are the major trends with Marketing Intermediaries ?
 
Marketing mgmt
Marketing mgmtMarketing mgmt
Marketing mgmt
 
Retailing in India - retailing revolution in India.pptx
Retailing in India - retailing revolution in India.pptxRetailing in India - retailing revolution in India.pptx
Retailing in India - retailing revolution in India.pptx
 
Service Marketing Management
Service Marketing ManagementService Marketing Management
Service Marketing Management
 
IRI Review of C Stores 2013
IRI Review of C Stores 2013IRI Review of C Stores 2013
IRI Review of C Stores 2013
 
Running HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS .docx
Running HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS       .docxRunning HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS       .docx
Running HeadSWOT ANALYSIS1 NETFLIX4SWOT ANALYSIS .docx
 
Chapter1
Chapter1Chapter1
Chapter1
 
Retail Sector In India
Retail Sector In IndiaRetail Sector In India
Retail Sector In India
 
Innovation in-fmcg
Innovation in-fmcgInnovation in-fmcg
Innovation in-fmcg
 
Demand&supply in retail
Demand&supply in retailDemand&supply in retail
Demand&supply in retail
 
Retail - Some important concepts
Retail - Some important conceptsRetail - Some important concepts
Retail - Some important concepts
 
What are the major trends with marketing intermediaries
What are the major trends with marketing intermediariesWhat are the major trends with marketing intermediaries
What are the major trends with marketing intermediaries
 
Nature's Basket
Nature's BasketNature's Basket
Nature's Basket
 
Retail Industry - Supply and Demand
Retail Industry - Supply and Demand Retail Industry - Supply and Demand
Retail Industry - Supply and Demand
 
Retail Sector
Retail SectorRetail Sector
Retail Sector
 
RETAIL BASICS
RETAIL BASICS  RETAIL BASICS
RETAIL BASICS
 
Walmart project
Walmart projectWalmart project
Walmart project
 
Major trends with marketing intermediaries
Major trends with marketing intermediariesMajor trends with marketing intermediaries
Major trends with marketing intermediaries
 
Retail in India : Porter's 5 forces & SWOT
Retail in India : Porter's 5 forces & SWOTRetail in India : Porter's 5 forces & SWOT
Retail in India : Porter's 5 forces & SWOT
 
Sdm questions and answers [jatin gadhiya]
Sdm questions and answers [jatin gadhiya]Sdm questions and answers [jatin gadhiya]
Sdm questions and answers [jatin gadhiya]
 

Último

The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyTinuiti
 
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779Delhi Call girls
 
Top Rated Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...
Top Rated  Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...Top Rated  Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...
Top Rated Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...Call Girls in Nagpur High Profile
 
The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyKatherineBishop4
 
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call GirlIndian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call GirlAroojKhan71
 
Supermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdfSupermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdfKarliNelson4
 
Dubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls DubaiDubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls Dubaikojalkojal131
 
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779Delhi Call girls
 
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779Delhi Call girls
 
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai WhsatappFilm= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatappkojalkojal131
 

Último (10)

The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing Study
 
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
Best VIP Call Girls Noida Sector 50 Call Me: 8448380779
 
Top Rated Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...
Top Rated  Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...Top Rated  Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...
Top Rated Pune Call Girls Talegaon Dabhade ⟟ 6297143586 ⟟ Call Me For Genuin...
 
The 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing StudyThe 15 Minute Breakdown: 2024 Beauty Marketing Study
The 15 Minute Breakdown: 2024 Beauty Marketing Study
 
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call GirlIndian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
Indian Call Girl In Dubai #$# O5634O3O18 #$# Dubai Call Girl
 
Supermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdfSupermarket Floral Ad Roundup- Week 17 2024.pdf
Supermarket Floral Ad Roundup- Week 17 2024.pdf
 
Dubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls DubaiDubai Call Girls O525547&19 (Asii) Call Girls Dubai
Dubai Call Girls O525547&19 (Asii) Call Girls Dubai
 
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
Best VIP Call Girls Noida Sector 51 Call Me: 8448380779
 
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
Best VIP Call Girls Noida Sector 55 Call Me: 8448380779
 
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai WhsatappFilm= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
Film= Dubai Call Girls O525547819 Call Girls Dubai Whsatapp
 

Retail Revolution

  • 1. RETAIL REVOLUTION FOCUSING ON THE CONSUMERS AND THEIR NEEDS
  • 2. PRESENTATION CONTENTS • Introduction of Retail Sector • Reason of Revolution • Prime Focus on Consumers • Enhancing Growth of Retail Industry • Grocers/General Stores – Biggest Contribution • Pharmaceuticals Company: Growth • Statistical Data • FDI in Retail Sector • Increasing E commerce and M Commerce • Thank You
  • 3. INTRODUCTION OF RETAIL SECTOR Supermarkets, mini-marts, speciality stores and even online grocery shopping have made life easier for consumers. Life for manufacturers, however, is only getting more complicated. With so many options available. Retail sector is one of the most emerging sector in the world today. Evolution Of Retail Channels In India Grocers and general stores should continue to drive retail FMCG growth Chemists channel is growing 20% faster than total FMCG category Modern trade channels are increasingly being used as laboratories to test product innovations
  • 4. REASON OF REVOLUTION Prime Reason for Retail Revolution is increasing demand of consumers and their needs. Reasons: • Increasing Consumer Needs and their demands • Increasing Competition • Globalisation- Quality Oriented Products and Services • Variety of Options Available for selection • Technology Upgradation – Introduction of E Commerce and M Commerce
  • 5. PRIME FOCUS : CONSUMERS Trend in India has changed from what was available few year back. Emerging trend of retail shopping in India has changed drastically. • Businesses prime focus is consumer needs and satisfaction • Offering Variety of Products just a click away • Heavy Discounts for Prime Customers to keep them motivated • After Sales services to ensure that consumer is at ease
  • 6. ENHANCING GROWTH OF RETAIL INDUSTRY • Improved customer perception Stores who do create a seamless experience that integrates all different forms of technology, however, can gain significant customer loyalty. Those brands are perceived as forward-thinking and responsive to customer's needs — qualities that will keep customers coming back. • Increased sales The primary driver for a retailer adopting any strategy is, of course, increasing profit, most frequently by increasing sales. Multi-channel retailing, by offering a variety of engagement points for the customer to make a purchase, increases the convenience and ease of sales, thus boosting profit. • Best practices While every type of channel has its own unique set of challenges, there are some strategies that are true across all engagement points.
  • 7. GROCERS/GENERAL STORES : BIGGEST CONTRIBUTION In India Grocers Stores has provided the biggest Contribution in country’s growth. Due to retail industry coming into india for establishment, the growth has doubled up. Walmart, World’s Biggest Grocery stores wish to hit the Indian Market and due to this, the domestic Grocers like Reliance, Spencers and Big Bazzar are focusing to provide the best to their consumers. Increased Quality, More Discounts and Offers are provided by Domestic Sellers so that they are not washed away.
  • 8. PHARMACEUTICAL COMPANY : GROWTH Chemists channel is growing 20% faster than total FMCG category Chemists have come a long way from just stocking medicines. Today, chemists in India form a significant channel for FMCG manufacturers. In fact, of the 20 categories that contribute to 80 percent of Chemists’ value sales, only eight are over the counter (OTC) medications. The bulk of these retailers’ sales comprise FMCG products. This shift largely reflects the Food & Drug Administration’s (FDA) increased regulations on sales of prescription drugs (Rx) and OTC drugs, which require chemists to maintain purchase and sales records, ensure one pharmacist is on duty at all times and collect prescription copies for every sale.
  • 9. STATISTICAL DATA Statistical Data reveals that maximum contribution in India’s growth is through Grocery and Retail sector. Pie Charts clearly represents that Food and Grocery share the maximum portion of 59.50% In the Country’s growth and Development Chemists and Pan Plus Growth has been tremendously high. Food and Drug Administration (FDA) has increased its regulations on Sales of Prescription Drugs to be sold
  • 10. STATISTICAL DATA Paan Plus stores, usually small kiosks selling tobacco- based products and located near transport hubs like railway stations and bus stops or in residential areas and slums, are increasingly carrying a greater assortment of consumer goods, making them another important channel for FMCG manufacturers. More importantly, these stands and small shops allow for impulse, as well as regular purchases. Despite being significantly smaller in store size than grocers and chemists, Paan Plus stores have been stocking up on FMCG categories including impulse items as well as regular purchase categories like hair oils and toothpastes. Paan Plus has motivated small Vendors and in benefit of Social Class
  • 11. FDI IN RETAIL SECTOR The major benefit of FDI is that it is both supplementary and complimentary with regards to local investment. FDI lets a company gain better access to top class technology and supplementary funds. They are also exposed to management practices in vogue around the world and also get the chance to become a part of the global market system. The Indian government had commissioned Indian Council for Research on International Economic Relations (ICRIER) to perform a study on the effect of organized retailing practices on its unorganized counterpart. Benefits: • More options and variety for consumers • Best Prices to select • More offers and discounts • Advance Technology adopted from USA and other countries
  • 12. E COMMERCE : BIGGEST REFORM IN RETAIL E-commerce has been around for a while. However, as per our estimates, its contribution to FMCG is still less than 1.0 percent. Despite the consumers’ increasing access to online payment methods, shoppers restrict their use of these options largely to travel and electronics. Benefits of E Commerce: • Variety of Options Available at a click • Anytime Anywhere facility
  • 13. M COMMERCE : NEW MARKET TREND M-Commerce, on the other hand, is a relatively new phenomenon. Players like Flipkart and Amazon are leveraging the rapid growth in mobile internet penetration to reach the 180 million potential consumers accessing mobile internet from their smartphones. A number of online retailers have created mobile applications that can be downloaded and used by consumers.
  • 14. M COMMERCE BENEFITS: 1. BOOSTS CONSUMER CONFIDENCE 2. 24X7 BUYING FACILITY 3. USER FRIENDLY APPS 4. SAFE AND SECURE TRANSACTION OVER THE MOBILE 5. DISCOUNT AND OFFERS DELIVERED Source: Nelson India