Retail

The Oxford Dictionary defines the term ‘turnkey’ as a thing that is “complete and ready to use immediately”. Just as said, when this term is used in the context of project development, a turnkey contract is understood as a project designed, developed & equipped with all facilities by one company to another as mentioned under…

Have you ever been to a store where you can see the uttering chaos? Panicked staff became hysterical. You can not see any manager. No proper information about the product is displayed, and the products are lying here and there, making it difficult for the customer to buy. It takes a lot of time, and…

Retail has always been an inherent part of the Indian economic sector, and rightfully so. With India’s population being a significant part of the world’s populace, demands are always skyrocketing. The only way to stay afloat is to evolve continuously and upgrade. Regardless of which kind of retail business you are a part of, expansion…

Retail businesses are and have always been a staple in India. ‘Retail’ refers to purchasing finished products from manufacturers and producers and selling them to interested customers. India is the 4th Largest retail market in the world in retail. The retail sector contributes about 10% to the nation’s Gross Domestic Product (GDP) and 8% to…

The retail business is one of the most lucrative in present times, so it makes sense to want a full-fledged retail store expansion. Once you have unprecedented success at one location, what’s stopping you from opening a branch in another lucrative area? Picture the skyrocketing customer demand your products would strive to fulfil after a…

If you are planning to open up a retail store or expand your brand’s physical presence, you will usually encounter diverse types of customers visiting your retail outlet. We’ve compiled a list of the most common types of retail customers that you may frequently encounter in your retail store. Understanding their shopping behaviours will help…

Today, E-Commerce has become synonymous with technological advancement, and doorstep delivery has become the shopping norm. Yet one persistent question remains: why do we still see crowds in offline retail stores? The answer is multi-faceted. 2021 witnessed 750 million smartphone users, touted to be a billion strong by 2026. Each of those 750 million people…

For a retail business to be successful, it must generate sales. Without proper retail marketing strategies, generating sales is practically impossible. Your retail’s success boils down to how your current and prospective customers perceive and talk about it. Your business’s reach is determined by whether or not it has positive feedback from the targeted market…

Derived from the French words ‘re’ and ‘tailer,’ retail means to “cut again.” In a way, that is precisely what today’s retail means. Goods are sold in limited quantities to make a profit in different formats of retail stores today. It involves many activities that end with the final sale to end customers for personal…