SlideShare une entreprise Scribd logo
1  sur  11
Retailing
• Retailers, wholesalers, and logistics
  organizations-key intermediaries

• Need to forge their own marketing strategies

• Intermediaries must strive for marketing
  excellence
The Bombay ‘dabbawallas’
• In operation for over 100 years
• About 5000 dabbawallas-divided into sub groups of 15-
  25
• Each subgroup is supervised by 4 mukadams
  (experienced old timers)
• Have a highly evolved coding scheme for identification
  and sorting of the lunch boxes
• Approx 200,000 lunch boxes are handled each day
• Error not more than one in 8 million
• Excellent logistics management, team work, and
  leadership vision
Retailing
• Includes all activities involved in selling goods or
  services direct to the consumer for personal or
  non-business use
• Any organization selling to final customers is
  doing retailing- it does not matter how or where
  the goods are sold

• Retail store types pass through a life cycle:
  Speciality store, Department store, Supermarket,
  Convenience store, Catalog showroom)
• Retailing can be broadly divided into two
  categories:

• i)Store retailing

• ii) Non store retailing- Direct selling, Direct
  marketing, Vending machines, Buying service
• Retailers can position themselves as offering
    one of four levels of service
i) Self service
ii)Self selection
iii)Limited service
iv)Full service
Marketing decisions
• Target market- Retailers need to define and
  profile the target market to make consistent
  decisions on product portfolio, store location
  and décor, advertising , pricing and service
  levels
• Product assortment- Based on target market;
  product breadth and depth could be part of
  differentiation strategy
• Procurement-Sourcing using forecasting,
  demand planning, RFID tracking
• Services and store atmosphere- Services mix is
  a key to atmosphere includes look, feel,
  aroma, layout , music
• Shopping experience
• Price decision- high markup, low volume (fine
  specialty stores) or low markup, high volume
  (discount stores)
• Location- Three keys to success in retailing:
  location, location and location
Retailing-trends
• New retail forms and combinations
• Growth of intertype competition
• Growth of organized retail
• Investments in technology
• Global retailing
• Selling an experience, not just goods or
  services
• Private labels

Contenu connexe

Tendances (20)

Merchandise
MerchandiseMerchandise
Merchandise
 
Channel Institutions (Module 3)
Channel Institutions (Module 3)Channel Institutions (Module 3)
Channel Institutions (Module 3)
 
Supply Chain Foundations
Supply Chain FoundationsSupply Chain Foundations
Supply Chain Foundations
 
retail market segment
retail market segmentretail market segment
retail market segment
 
Organisation of retail buying
Organisation of retail buying Organisation of retail buying
Organisation of retail buying
 
Retail strategy
Retail strategyRetail strategy
Retail strategy
 
Retail Merchandising Planning
Retail Merchandising PlanningRetail Merchandising Planning
Retail Merchandising Planning
 
Retail Logistics
Retail LogisticsRetail Logistics
Retail Logistics
 
Merchandise management
Merchandise management Merchandise management
Merchandise management
 
Channel institutions wholesaling
Channel institutions  wholesalingChannel institutions  wholesaling
Channel institutions wholesaling
 
Marketing presentation
Marketing presentationMarketing presentation
Marketing presentation
 
Introduction to marketing
Introduction to marketingIntroduction to marketing
Introduction to marketing
 
Retail Institutions
Retail InstitutionsRetail Institutions
Retail Institutions
 
own_brand_buying-1
own_brand_buying-1own_brand_buying-1
own_brand_buying-1
 
Retail image mix
Retail image mixRetail image mix
Retail image mix
 
Managing merchandise
Managing merchandise Managing merchandise
Managing merchandise
 
11 strategic planning in retail
11 strategic planning in retail11 strategic planning in retail
11 strategic planning in retail
 
Lecture 3
Lecture 3Lecture 3
Lecture 3
 
Assortment Planning Process
Assortment Planning ProcessAssortment Planning Process
Assortment Planning Process
 
Cb12e basic ppt ch13
Cb12e basic ppt ch13Cb12e basic ppt ch13
Cb12e basic ppt ch13
 

Similaire à Retailing

Structure and Nature of Retailing Channels
Structure and Nature of Retailing ChannelsStructure and Nature of Retailing Channels
Structure and Nature of Retailing ChannelsJithaAsokan
 
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptxMODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptxLakshmiKVN1
 
Retail management Stores understanding.pptx
Retail management Stores understanding.pptxRetail management Stores understanding.pptx
Retail management Stores understanding.pptxshakti awasthi
 
Bmgt 411 chapter_14
Bmgt 411 chapter_14Bmgt 411 chapter_14
Bmgt 411 chapter_14Chris Lovett
 
place (retailing & wholesaling).ppt
place (retailing & wholesaling).pptplace (retailing & wholesaling).ppt
place (retailing & wholesaling).ppttony47289
 
1. Basics of retailing, Types of retailers
1. Basics of retailing, Types of retailers1. Basics of retailing, Types of retailers
1. Basics of retailing, Types of retailersDr. Parveen Kaur Nagpal
 
Retailing & wholesaling slide share
Retailing & wholesaling slide shareRetailing & wholesaling slide share
Retailing & wholesaling slide shareshino_kk
 
Com. marketing ppt
Com. marketing pptCom. marketing ppt
Com. marketing pptDurrgesh S
 
RETAIL.pptx it's design,specification,rules
RETAIL.pptx it's design,specification,rulesRETAIL.pptx it's design,specification,rules
RETAIL.pptx it's design,specification,rulesshindhe1098cv
 
Com. marketing ppt
Com. marketing pptCom. marketing ppt
Com. marketing pptDurrgesh S
 
Retail marketing 2
Retail marketing 2Retail marketing 2
Retail marketing 2ravalhimani
 
MARICO - Parachute Oil Distribution Mgmt
MARICO - Parachute Oil Distribution MgmtMARICO - Parachute Oil Distribution Mgmt
MARICO - Parachute Oil Distribution MgmtRajesh Shetty
 
Retailing & Wholesaling
Retailing & WholesalingRetailing & Wholesaling
Retailing & WholesalingSiti Syahirah
 
PrinciplesofMarketing_12_Place.pptx with 4ps
PrinciplesofMarketing_12_Place.pptx with 4psPrinciplesofMarketing_12_Place.pptx with 4ps
PrinciplesofMarketing_12_Place.pptx with 4psreshmabkr91
 

Similaire à Retailing (20)

Retail formats
Retail formatsRetail formats
Retail formats
 
Structure and Nature of Retailing Channels
Structure and Nature of Retailing ChannelsStructure and Nature of Retailing Channels
Structure and Nature of Retailing Channels
 
Retailing
RetailingRetailing
Retailing
 
Lesson plan 3803
Lesson plan 3803Lesson plan 3803
Lesson plan 3803
 
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptxMODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
MODULE 1 - RETAIL AND SUPPLY CHAIN MANAGEMENT (1).pptx
 
14 presentation
14 presentation14 presentation
14 presentation
 
Retail management Stores understanding.pptx
Retail management Stores understanding.pptxRetail management Stores understanding.pptx
Retail management Stores understanding.pptx
 
Bmgt 411 chapter_14
Bmgt 411 chapter_14Bmgt 411 chapter_14
Bmgt 411 chapter_14
 
place (retailing & wholesaling).ppt
place (retailing & wholesaling).pptplace (retailing & wholesaling).ppt
place (retailing & wholesaling).ppt
 
1. Basics of retailing, Types of retailers
1. Basics of retailing, Types of retailers1. Basics of retailing, Types of retailers
1. Basics of retailing, Types of retailers
 
Retailing & wholesaling slide share
Retailing & wholesaling slide shareRetailing & wholesaling slide share
Retailing & wholesaling slide share
 
Com. marketing ppt
Com. marketing pptCom. marketing ppt
Com. marketing ppt
 
RETAIL.pptx it's design,specification,rules
RETAIL.pptx it's design,specification,rulesRETAIL.pptx it's design,specification,rules
RETAIL.pptx it's design,specification,rules
 
Com. marketing ppt
Com. marketing pptCom. marketing ppt
Com. marketing ppt
 
Retail marketing 2
Retail marketing 2Retail marketing 2
Retail marketing 2
 
MARICO - Parachute Oil Distribution Mgmt
MARICO - Parachute Oil Distribution MgmtMARICO - Parachute Oil Distribution Mgmt
MARICO - Parachute Oil Distribution Mgmt
 
MM Module 1.pdf
MM Module 1.pdfMM Module 1.pdf
MM Module 1.pdf
 
Retail
Retail Retail
Retail
 
Retailing & Wholesaling
Retailing & WholesalingRetailing & Wholesaling
Retailing & Wholesaling
 
PrinciplesofMarketing_12_Place.pptx with 4ps
PrinciplesofMarketing_12_Place.pptx with 4psPrinciplesofMarketing_12_Place.pptx with 4ps
PrinciplesofMarketing_12_Place.pptx with 4ps
 

Plus de rahulmathur

The indian contract act 1872
The indian contract act 1872The indian contract act 1872
The indian contract act 1872rahulmathur
 
Consumer protection-act-19861
Consumer protection-act-19861Consumer protection-act-19861
Consumer protection-act-19861rahulmathur
 
Valuation of securities 1
Valuation of securities   1Valuation of securities   1
Valuation of securities 1rahulmathur
 
Time value of money 2
Time value of money   2Time value of money   2
Time value of money 2rahulmathur
 
Time value of money 1
Time value of money   1Time value of money   1
Time value of money 1rahulmathur
 
Sources of long term finance theory
Sources of long term finance theorySources of long term finance theory
Sources of long term finance theoryrahulmathur
 
Raising long term finance theory
Raising long term finance theoryRaising long term finance theory
Raising long term finance theoryrahulmathur
 
Overview of financial markets chapter 2 theory
Overview of financial markets chapter 2 theoryOverview of financial markets chapter 2 theory
Overview of financial markets chapter 2 theoryrahulmathur
 
Mid semester exam solutions, 2009
Mid semester exam solutions, 2009Mid semester exam solutions, 2009
Mid semester exam solutions, 2009rahulmathur
 
Introduction to risk and return 2
Introduction to risk and return   2Introduction to risk and return   2
Introduction to risk and return 2rahulmathur
 
Introduction to risk and return 1
Introduction to risk and return   1Introduction to risk and return   1
Introduction to risk and return 1rahulmathur
 
Introduction to financial management
Introduction to financial managementIntroduction to financial management
Introduction to financial managementrahulmathur
 
Financial management work book
Financial management work bookFinancial management work book
Financial management work bookrahulmathur
 
Cost of capital 2
Cost of capital   2Cost of capital   2
Cost of capital 2rahulmathur
 
Cost of capital 1
Cost of capital   1Cost of capital   1
Cost of capital 1rahulmathur
 
Basics of capital expenditure decisions
Basics of capital expenditure decisions Basics of capital expenditure decisions
Basics of capital expenditure decisions rahulmathur
 
Analysis of project cash flows
Analysis of project cash flowsAnalysis of project cash flows
Analysis of project cash flowsrahulmathur
 
Valuation of securities 2
Valuation of securities   2Valuation of securities   2
Valuation of securities 2rahulmathur
 

Plus de rahulmathur (20)

The indian contract act 1872
The indian contract act 1872The indian contract act 1872
The indian contract act 1872
 
Cp act
Cp actCp act
Cp act
 
Consumer protection-act-19861
Consumer protection-act-19861Consumer protection-act-19861
Consumer protection-act-19861
 
Valuation of securities 1
Valuation of securities   1Valuation of securities   1
Valuation of securities 1
 
Time value of money 2
Time value of money   2Time value of money   2
Time value of money 2
 
Time value of money 1
Time value of money   1Time value of money   1
Time value of money 1
 
Sources of long term finance theory
Sources of long term finance theorySources of long term finance theory
Sources of long term finance theory
 
Raising long term finance theory
Raising long term finance theoryRaising long term finance theory
Raising long term finance theory
 
Overview of financial markets chapter 2 theory
Overview of financial markets chapter 2 theoryOverview of financial markets chapter 2 theory
Overview of financial markets chapter 2 theory
 
Mid semester exam solutions, 2009
Mid semester exam solutions, 2009Mid semester exam solutions, 2009
Mid semester exam solutions, 2009
 
Introduction to risk and return 2
Introduction to risk and return   2Introduction to risk and return   2
Introduction to risk and return 2
 
Introduction to risk and return 1
Introduction to risk and return   1Introduction to risk and return   1
Introduction to risk and return 1
 
Introduction to financial management
Introduction to financial managementIntroduction to financial management
Introduction to financial management
 
Financial management work book
Financial management work bookFinancial management work book
Financial management work book
 
Cost of capital 2
Cost of capital   2Cost of capital   2
Cost of capital 2
 
Cost of capital 1
Cost of capital   1Cost of capital   1
Cost of capital 1
 
Basics of capital expenditure decisions
Basics of capital expenditure decisions Basics of capital expenditure decisions
Basics of capital expenditure decisions
 
Analysis of project cash flows
Analysis of project cash flowsAnalysis of project cash flows
Analysis of project cash flows
 
Valuation of securities 2
Valuation of securities   2Valuation of securities   2
Valuation of securities 2
 
Demand & supply
Demand & supplyDemand & supply
Demand & supply
 

Retailing

  • 2. • Retailers, wholesalers, and logistics organizations-key intermediaries • Need to forge their own marketing strategies • Intermediaries must strive for marketing excellence
  • 3. The Bombay ‘dabbawallas’ • In operation for over 100 years • About 5000 dabbawallas-divided into sub groups of 15- 25 • Each subgroup is supervised by 4 mukadams (experienced old timers) • Have a highly evolved coding scheme for identification and sorting of the lunch boxes • Approx 200,000 lunch boxes are handled each day • Error not more than one in 8 million • Excellent logistics management, team work, and leadership vision
  • 4. Retailing • Includes all activities involved in selling goods or services direct to the consumer for personal or non-business use • Any organization selling to final customers is doing retailing- it does not matter how or where the goods are sold • Retail store types pass through a life cycle: Speciality store, Department store, Supermarket, Convenience store, Catalog showroom)
  • 5. • Retailing can be broadly divided into two categories: • i)Store retailing • ii) Non store retailing- Direct selling, Direct marketing, Vending machines, Buying service
  • 6. • Retailers can position themselves as offering one of four levels of service i) Self service ii)Self selection iii)Limited service iv)Full service
  • 7. Marketing decisions • Target market- Retailers need to define and profile the target market to make consistent decisions on product portfolio, store location and décor, advertising , pricing and service levels • Product assortment- Based on target market; product breadth and depth could be part of differentiation strategy
  • 8. • Procurement-Sourcing using forecasting, demand planning, RFID tracking • Services and store atmosphere- Services mix is a key to atmosphere includes look, feel, aroma, layout , music • Shopping experience • Price decision- high markup, low volume (fine specialty stores) or low markup, high volume (discount stores)
  • 9.
  • 10. • Location- Three keys to success in retailing: location, location and location
  • 11. Retailing-trends • New retail forms and combinations • Growth of intertype competition • Growth of organized retail • Investments in technology • Global retailing • Selling an experience, not just goods or services • Private labels