Retail Future

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    Presented by

    Arshdeep soni 112261003

    Pankaj ranwa 112261009

    Rohit goyal 112261012Abhilash maheshwari 112261014

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    What is Retailing Most common form of doing business

    It consists of selling merchandise from a permanentlocation (a retail store) in small quantities directly to theconsumers.

    These consumers may be individual buyers or corporate.

    Retailer purchases goods or merchandise in bulk frommanufacturers directly and then sells in small quantities

    Shops may be located in residential areas, colony streets,community centers or in modern shopping arcades/ malls.

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    Retailing DefinedAccording to Kotler: Retailing includes all the

    activities involved in selling goods or services to thefinal consumers for personal, non business uses.

    The Indian retail is dotted by traditionally marketplace called bazaars or haats comprises of numeroussmall and large shops, selling different or similar

    merchandise.

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    Retailing in IndiaThe Indian retail industry is broadly divided into two

    segments:

    1. Organized retailing2. Unorganized retailing.

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    Organized retail

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    Self Service

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    Organized Retail Organized retail is nothing but a retail place where all

    the items are segregated and brought under one roof.

    4-9% of the total volume Licensed/registered retailers

    These include the corporate-backed hypermarkets andretail chains, and also the privately owned large retail

    businesses. Examples: Pantaloon Retail, K Raheja Group, Tata group,

    RPG group, Piramal Group, Bharti-Walmart, Reliance, AVBirla Group

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    Unorganized retail

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    Unorganized Retail It refers to the traditional formats of low-cost

    retailing

    The unorganized retailing comprises of mom and

    pop stores or kiranastores.

    These are very small shops located near theresidential areas, popularly known as baniyashops.

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    Percentage of organized &

    unorganized retail across the Globe

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    Retail in futureAccording to a study the size of the Indian Retail

    market is currently estimated at Rs. 704 cr whichaccounts for a meager 3 % of the total retail market. Asthe market becomes more and more organized theIndian retail industry will gain greater worth. TheRetail sector in the small towns and cities will increaseby 50 to 60 % pertaining to easy and inexpensive

    availability of land and demand among consumers.

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    Contd

    According to a report, from the year 2003 to 2008 the

    retail sales are growing at a rate of 8.3% per annum.With this the organized retail which currently has only3% of the total market share will acquire 15-20 % of themarket share by the year 2010.

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    Factors for the bright future of

    retail The income of an average Indian is increasing and thus

    there is a proportional increase in the purchasingpower.

    Indian economy and its policies are also becomingmore and more liberal making way for a wide range ofcompanies to enter Indian market.

    Indian population has learnt to become a goodconsumer and all national and international brandsare benefiting with this new awareness

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    Contd..Another great factor is the internet revolution, which

    is allowing foreign brands to understand Indianconsumers and influence them before entering themarket. Due to the reach of media in the remotest ofthe markets, consumers are now aware of the globalproducts and it helps brands to build themselves fasterin a new region

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