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Technology Decodes Indian Retail Business

As we are heading towards the future generation, technology seems to shape our life. We have become more dependent on electricity and gadgets that we are on air or water. The invasion of technology is welcomed in both personal as well as professional lives, especially in business to make life easier for both, customers and

BY Nibedita Mohanta  |  Nov 17, 2017  |  comments ( 0 )  | 

How Performance marketing is helping retailers meet their needs?

India’s E- commerce and retail industry has witnessed a massive breakthrough in the last five years. It has evolved from a product-oriented industry to a service and experiential industry, with the customer at the core of its operations. Today, every retailer isout to woo the customers from their competition. E-commerce players

BY Guest author  |  Nov 17, 2017  |  comments ( 0 )  | 

How to equip in-store staff to handle wedding season surge?

Retail is the business where specific period such as brings many opportunities in form of increased footfall and a higher turnover of stock. And, if all goes smooth this surge vouches for higher profits. In store staff has a very active role in making it possible. Though for any retailer managing the staff to wedding season rush is a

BY Shipra Srivastava  |  Nov 17, 2017  |  comments ( 0 )  | 

Khan Market tops the chart for being the best retail destination!

The constant growth of e-commerce is rapidly changing the retail dynamics across the country. Moreover, there is a recent wave of online retailers opening physical stores mainly on retail streets. A recent report by Cushman & Wakefield  titled ‘The World’s Main Streets Analysed’ highlights that hybrid stores

BY Shipra Srivastava  |  Nov 16, 2017  |  comments ( 0 )  | 

Conversational commerce: Dawn of the new technology

From tiresome download process to multiple registering rounds, consumers are seeking a paradigm shift in the app ecosystem. With many big and small players now shifting to conversational commerce, the AI technology is redefining how brands engage consumers, writes ShwethaSatyanarayan From paying bills to booking a cab, or simply

BY Shwetha Satyanarayan  |  Nov 16, 2017  |  comments ( 0 )  | 

Retailers upbeat about digi payments post demonetization, finds survey

A survey jointly conducted by CDFI and IIM-B reveals that 63% retailers have opened arms to cashless transactions post note ban  A year after demonetization,majority of retailers are upbeat about mobile payments, while customers too prefer cashless transactions, said a survey report by the Centre for Digital Financial

BY Shwetha Satyanarayan  |  Nov 16, 2017  |  comments ( 0 )  | 

Experience stores on road to become the next big thing

As online retailers leverage new technology on ecommerce to create unique shopping experiences, the brick and mortar retailers too are not very far behind in bringing digital experiences to the stores. Experiential stores are picking up trend and retailers are not shying away from creating unique shopping experiences at stores, writes

BY Shwetha Satyanarayan  |  Nov 16, 2017  |  comments ( 0 )  | 

How Important are Retail Trade Shows for Retail Players

Retail business is no more limited to opening and running stores, businessmen have come up with various modes of interacting with other companies and reaching out to the customer base. The Indian retail industry accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the

BY Nibedita Mohanta  |  Nov 15, 2017  |  comments ( 0 )  | 

How luxury market is growing in India?

India has overtaken most countries and is now second to the States when it comes to Luxury Retail segment. The luxury market in India is at a boom and is growing at a fast pace. The spending capacity of people in India has grown at a tremendous rate. Despite the fact that online shopping has become incredibly popular amongst people

BY Guest author  |  Nov 13, 2017  |  comments ( 0 )  | 

How jewellery retailers are preparing for upcoming wedding season?

Goods Service Tax (GST) has changed the way transactions and billings of the major gold and jewellery shops across the country. After a lot of debate on the issue of tax reform in the gold price, finally, a rate of 3 per cent tax was fixed. Though slab is considered to be higher but it is much lower than what was feared initially..

BY Shipra Srivastava  |  Nov 13, 2017  |  comments ( 0 )  | 

E-commerce business Ideas for New-age Businessmen

The technological revolution, which is taking place in the world, right now, is one of the reasons that e-commerce companies are getting encouraged to come up with more and more options. According to a new study by Forrester Research, approximately a fifth of total retail sales will take place online by 2021 in Asia Pacific, with

BY Nibedita Mohanta  |  Nov 10, 2017  |  comments ( 0 )  | 

INDIAN RETAIL – PICTURE ABHI BAAKI HAI MERE RETAILERS

The Indian Retail Industry is poised to grow exponentially in next 10 years. The demographics of our country are screaming loudly about the potential that we hold for both the Retailers and the consumers. Despite the emergence of organized retail space in various formats like super markets, hyper markets, specialized stores, brand

BY Guest author  |  Nov 09, 2017  |  comments ( 0 )  | 

How shopping malls are gearing up to usher wedding season?

The rise in per capita income has transformed the Indian wedding into a lavish affair. It is a perfect opportunity for retailers as well as shopping centres to escalate revenues along with footfalls. To tap the potential, malls lending all sorts of support to make the event biggest shopping extravaganza. Though, this time wedding

BY Shipra Srivastava  |  Nov 06, 2017  |  comments ( 0 )  | 

How GST has impacted the textile industry?

The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labor in textiles. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million in the country. The

BY Guest author  |  Nov 03, 2017  |  comments ( 0 )  | 

These Walmart tech innovations will blow your mind!

Innovation in retail landscape is primarily dominated by Artificial Intelligence (AI) and Machine Learning (ML) for the new age consumers who look for tech-based, hassle-free shopping experiences. While these new trends are being developed in order to satisfy the tech-hungry millennials, major retailers have time and again maintained

BY Shwetha Satyanarayan  |  Nov 03, 2017  |  comments ( 0 )  |