Marketing Retailing

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    retailing

    PARAMJIT SHARMA

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Definition

    It include all the activities involved

    in selling goods or Services

    directly to final consumers

    for personal , Non business use

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Definition- retail store

    Any business enterprisewhose sales volume comes

    primarily from retailing

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Any Organization Selling to final consumer

    is retailing , whether they are

    A ManufacturerA Wholesaler

    A Retailer

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    It does not matter how they sell

    or serve ( By)

    PersonMail

    TelephoneVending Machine orInternet

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Or

    Where these are sold

    A storeA street

    Consumers House

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    retailerstypes

    Department stores

    Specialty storesConvenience storeDiscount storeOff-price retailerSuper store

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    retail life cycle

    EMERGENCE

    ACCELERATED

    GROWTH

    MATURITY

    DECLINE

    Department

    Stores

    70-80 years

    For maturity

    Warehouse

    Retail OutletsTook

    10 years

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    wheel of Retailing

    Conventional stores increase cost

    & Price to Provide Services

    New Stores take this opportunity to

    sell at less price & less service

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    4 BROAD POSITIONING STRATEGIES

    1 Bloomingdales

    Broad product assortment

    High value added Close attention to store design, product quality, service & image Profit margin is high

    Try for high volume

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    2 Tiffany

    Narrow productassortmentHigh value addedExclusive imageHigh MarginLow Volume

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Bloomingdale Wal-Mart

    TiffanyKinney

    Shoe

    High--------value Added----------lowNarrow---

    -breadth

    ofproduct

    lines---Broad

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    3 Sunglass Hut

    Features narrow line

    Low value addedKeep cost & Price low

    Centralized Buying

    Merchandising Advertising Distribution

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    4 Wal-mart

    Broad line & low value

    additionKeeping price lowPlace for good buyHigh volume low Margin

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Non Store Retailing

    Direct Selling

    Direct Marketing

    Automatic Vending

    Buying

    Services

    http://images.google.co.in/imgres?imgurl=http://www.idec.com/Global/industryProfile/images/vmachine.jpg&imgrefurl=http://www.idec.com/Global/industryProfile/vendingMachine.html&h=211&w=146&sz=12&tbnid=hKZ9Jufqd0kJ:&tbnh=100&tbnw=69&start=9&prev=/images%3Fq%3Dautomated%2Bvending%2Bmachine%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.methodfactory.com/img/client/Anosos_WL.gif&imgrefurl=http://www.methodfactory.com/P_OM.aspx&h=275&w=360&sz=37&tbnid=VATnSyZ8V_UJ:&tbnh=89&tbnw=117&start=4&prev=/images%3Fq%3Donline%2Bmarketing%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.usamodifieds.com/070404/DamonBreedloveCrewRepairingCar1.jpg&imgrefurl=http://www.usamodifieds.com/ptricity.htm&h=351&w=438&sz=62&tbnid=aaTp682N0-YJ:&tbnh=98&tbnw=122&start=3&prev=/images%3Fq%3Drepairing%2Bcar%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.idec.com/Global/industryProfile/images/vmachine.jpg&imgrefurl=http://www.idec.com/Global/industryProfile/vendingMachine.html&h=211&w=146&sz=12&tbnid=hKZ9Jufqd0kJ:&tbnh=100&tbnw=69&start=9&prev=/images%3Fq%3Dautomated%2Bvending%2Bmachine%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.aaa-int.or.jp/machan/snowlets/amway-papercup1.jpg&imgrefurl=http://www.aaa-int.or.jp/machan/snowlets/links.html&h=300&w=219&sz=21&tbnid=DTONAigTh2YJ:&tbnh=111&tbnw=81&start=12&prev=/images%3Fq%3Damway%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.kirby.com/kirbystory-images/Direct-Selling-3b.jpg&imgrefurl=http://www.kirby.com/story13.shtml&h=293&w=200&sz=15&tbnid=6ELxM4ftNbUJ:&tbnh=110&tbnw=75&start=1&prev=/images%3Fq%3Ddirect%2Bselling%26hl%3Den%26lr%3Dhttp://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Direct Selling

    Door to Door

    House sales PartiesHome Demos Avon

    Tupperware Amway

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Direct Marketing

    Direct Mail

    Catalog MarketingTelemarketingElectronic Shopping

    Television Directresponse Marketing

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Automated Vending

    Used in variety of Merchandise

    CigarettesSoft drinksCandy

    MagazinesNewspapersCosmeticsHot food Etc

    Can be located at

    FactoriesOfficesLarge stores

    HotelsRestaurantsRailway StationsAirports

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Buying Services

    Store less Retailers Serving

    specific Customers

    Employees Of Large Organization

    Travel Agencies

    Car Rental

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Corporate Retailing

    Features

    Economies Of Scale

    Greater Purchasing Power

    Wider Brand Recognition

    Better Trained Employees

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Corporate Retailing

    Major Types

    Chain Stores

    Retail Corporations

    Franchises

    MerchandisingConglomerate

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Marketing Decisions

    TARGET MARKET

    PRODUCT ASSESSMENT

    SERVICES & STORE ATMOSPHERE

    PRICING

    PROMOTION

    PLACE

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    Product Assortment

    Target Market ExpectationsBreadth & DepthExclusive National BrandsPrivate Branded Merchandise-BenettonDistinctive Merchandise event- Indian/ChineseEver-changing Merchandise First- electronicsMerchandising Customizing ServicesTargeted Assortments

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D
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    PARAMJIT SHARMA

    http://images.google.co.in/imgres?imgurl=http://www.alienresistance.org/walmart.JPG&imgrefurl=http://stevegilliard.blogspot.com/2004_06_01_stevegilliard_archive.html&h=864&w=1152&sz=132&tbnid=nxcOzEVWgugJ:&tbnh=112&tbnw=149&start=3&prev=/images%3Fq%3Dwalmart%26hl%3Den%26lr%3D