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OBSERVATIONS




By Amit Muglikar
1. Sales transactions in the store

 Theme: Credit Card transactions

 Gap: Threat of duplication, theft,
   manipulative transactions

 Opportunity:
1. Finger print reader linked to respective
    Bank Account.
2. Mobile scanner as used in Japan.

Solution: Transaction cost reduces, theft
    and manipulation reduces.
2. Price tag
Theme: Price tag
Gap: Almost invisible, people spend
   more time searching for the
   price, disappointment among other
   customers as the space get occupied.
Opportunity:
Increase the size (font) of the price, price
   could be easily identified from long
   distances
Solution: More foot falls in the store, no
   confusion on price, satisfaction and
   loyalty among customers.
3. Staff Empowerment
Theme: Least empowered Staff
Gap: Staff executives not trained on customer
   retention, Staff unwilling to participate in solving the
   issue raised by upset customer.
Opportunity:
Training workers, Educating the workers about customer
   interaction.
Solution:
Workers get more involved in the business, customer
   retention, quick solution to the customers, attrition
   reduces.
I was able to identify only three gaps in my
   locality.

I shall be able to identify more in future.

Thank you

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Observation

  • 2. 1. Sales transactions in the store Theme: Credit Card transactions Gap: Threat of duplication, theft, manipulative transactions Opportunity: 1. Finger print reader linked to respective Bank Account. 2. Mobile scanner as used in Japan. Solution: Transaction cost reduces, theft and manipulation reduces.
  • 3. 2. Price tag Theme: Price tag Gap: Almost invisible, people spend more time searching for the price, disappointment among other customers as the space get occupied. Opportunity: Increase the size (font) of the price, price could be easily identified from long distances Solution: More foot falls in the store, no confusion on price, satisfaction and loyalty among customers.
  • 4. 3. Staff Empowerment Theme: Least empowered Staff Gap: Staff executives not trained on customer retention, Staff unwilling to participate in solving the issue raised by upset customer. Opportunity: Training workers, Educating the workers about customer interaction. Solution: Workers get more involved in the business, customer retention, quick solution to the customers, attrition reduces.
  • 5. I was able to identify only three gaps in my locality. I shall be able to identify more in future. Thank you