Transcript Document
20070419/10 am
KEIC – Always At Your Service
20070419/10 am
KEIC – Always At Your Service Presentation on
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RCM and Information Sources By KEIC 20070419/10 am
Indian Economy
The 2nd fastest growing economy in the world The 3rd largest economy in terms of GDP in next 5 years The 4th largest economy in PPP terms after USA, China & Japan Among the top 10 FDI destinations. Fastest-growing Asia Pacific market for international tourist spending 8 % economy growth – expected to exceed that of China by 2015 Expected to become the 3 rd biggest economy in the world after China and US by 2032
Source
: CSO
RCM and Information Sources By KEIC 20070419/10 am
Opportunity
•Retail industry •Retail developer •Large corporate houses •Global retailers (FDI) •Foreign brand
Source
: Images Retail January 2005
RCM and Information Sources By KEIC Retail Communications Management •Informing •Persuading •Reminding Source: Retailing Management by Lewy and Weitz 20070419/10 am
VM Information Requirements • Visual merchandising and display basics – Why display – Colour and texture – Line and compensation – Light and lighting – Types of display and display settings • Where to display – Exterior of the store – Display window construction – Store interior 20070419/10 am
VM Information Requirements • Successful display – Mannequins – Alternatives to the Mannequin – Dressing the three dimensional form – Fixture – Visual merchandising dressing fixtures – Modular fixtures – Modular fixtures and systems on store planning – Furniture as props • Visual merchandising and display techniques 20070419/10 am
VM Information Sources • Visual Merchandising and display techniques – Attention-getting devices – Colour plates – Familiar symbols – Making and proscenia – Sale ideas – Fashion accessories – Graphics and signage 20070419/10 am
VM Information Requirements • Visual Merchandise and Planning – Visual merchandise planning – Setting up a display shop – Store planning and design – Visual merchandising and the changing face of retail • Related areas of visual merchandising and display – Point-of-purchase display – Exhibit and trade show design – industrial display – Fashion shows – Trade organisations and sources – Career opportunities in visual merchandising 20070419/10 am
RCM and Information Sources By KEIC
Information Requirements Analysis
•Accounting and control •Brands V/S private label •Buying •Consumer behaviour •Customer service •Competitive environment •Economics •Finance
Source
: Retail books from KEIC resources 20070419/10 am
RCM and Information Sources By KEIC
Information Requirements Analysis
•Format •Future •Human resources organisation •Information system •Intellectual property •International scenario •Legal and ethical issues •Location 20070419/10 am
RCM and Information Sources By KEIC
Information Requirements Analysis
•Marketing/advertising •Merchandising •Online retailing and e-Tailing •Operations •Planning •Point of purchase (P-O-P) •Practice •Pricing 20070419/10 am
RCM and Information Sources By KEIC
Information Requirements Analysis
•Personal selling -Promotion •Retail research •Segmentation •Space management, store planning, design layout •Strategies •Supply chain management •Trends -Services •Visual merchandising and display 20070419/10 am
RCM and Information Sources By KEIC
Consumer demographic
•Smaller household •Two-income household •Migration to suburban area •Age mix communities •An older population •Increasing mobility •Growth of subcultures and minorities •Diverse household roles •Rise in single parent household •Widening income group •Mood of consumer 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
Organised V/S Unorganised Branded V/S Generic or Local Market size Market growth rate Production Per capital consumption 20070419/10 am
RCM and Information Sources By KEIC
Retail SectorTotal Consumer Spend : Rs. 20,00,000 cr ($ 445 bn) Retail : Rs. 12,00,000 cr ($ 270 billion) double digit growth expected Organised Retail : Rs. 55,000 cr ($ 12.4 bn) at current prices 40%+ annual growth expected Scope for Organised Retail : Rs. 2,00,000 cr ($ 45 bn) by 2010. Av. Salaries hike of 15+ per cent : there will be lot more consumption. Leading retailers sales' growth : 50-100% in 2005-06
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RCM and Information Sources By KEIC • • • •
Retail Format
• Supermarket – Apana Bazaar, Food Bazaar • Specialty Store – Bata, Planet M Department Store – Shopper’s Stop • The Plaza – GFountain Plaza, Chennai The Mall – Corssroads, Mumbai The Emporium – The Bombay Dyeing • The Bazaar – Big Bazaar • Stop-over – In&Out of BPCL Single price denomination – Dollar Store, USA • Kiosk – Pepsi fountain
Source:
Retail Management by Gibson 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment – Product categorization
Super Premium Premium Medium Economy Low Extremely low 20070419/10 am
RCM and Information Sources By KEIC
Responsible growth factors for Retail
1. Scalable and profitable Retail models are available in the country 2. Rapid evolution of New-Age Young Indian consumers 3. Retail space no longer a constraint 4. India on the radar of global retailer 5. Suppliers/brands willing to partner with retailers 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
• • • •
Apparel retailing
Big Bazaar Pantaloon Vishal Megha Mart Westside 20070419/10 am
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Retail Segment
• • • • • • •
Jewellery
Titan Industries Ltd. (Tanishq) Gili OyzterBay Carbon Nakshatra Enchante InterGold 20070419/10 am
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Retail Segment
•
Timewear
Titan 20070419/10 am
RCM and Information Sources By KEIC • • •
Retail Segment
• • • •
Footwear
Royal Sporting House Sports Station Planet Sports Nike Reebok Adidas Woodland 20070419/10 am
RCM and Information Sources By KEIC • • • • •
Retail Segment
Footwear
Bata Puma Fila Converse Action 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
• • • • • •
Health and Beauty Care Services
Shahnaz Hussain VLCC Lakme Beauty Salons Personal point Body Care Kaya Skin care 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
• • • • • • • •
Health and Beauty Care Products
98.4
Global Healthline Guardian Lifecare Health & Glow CSR Trust Pill and Power Medicine Shoppe 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
• • • • •
Health and Beauty Care Products
Lifespring Tango Himalaya Drug Company Apollo Pharmacies Planet Health 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
• • • • • • • • • • • •
Consumer Durables (Covers Mobile)
Sony Philips LG Samsung Electrolux Nokia – Reliance - Tata Big Bazaar Star India Raymond Provogue Viveks Woolworths 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
Food & Grocery
Supermarket -Food Bazaar -Nilgiri’s -Sabka Bazar 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
Food & Grocery
Hypermarket -Big Bazaar -Giant (Spencer’s) -Star India Bazaar 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
Food & Grocery
Discount Supermarket -Subhiksha -Margin Free 20070419/10 am
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Retail Segment
• • • • •
Catering Services
McDonald Pizza Hut US Pizza Barista Café Coffee Day 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
Book Retailing
Crossword Oxford Landmark Shop-in-shops 20070419/10 am
RCM and Information Sources By KEIC
Retail Segment
Music and Entertainment
Music World PVR Inox Fun Republic 20070419/10 am
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Retail Segment
Future Players
Reliance Wal-Mart 250-Malls in coming two years
Source: DNA March 25 th 2006
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20070419/10 am RCM and Information Sources By KEIC
Information Sources
Newspaper Periodical Data Database
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Indian Periodical (Newspaper)
•Business Line (Catalyst) •Business Standard (Strategist) •The Economic Times (Brand Equity) •The Financial Express •DNA Daily (Advertising)
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Indian Periodical
•Advertising Express •Asian Photography •Better Photography Brand Reporter •Business India •Business Today •Business World •Consumer Voice •Facts for You
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Indian Periodical
•Franchise •ICFAI Case Portfolio •Images of Business of Fashion •Images Retail •Impact •India Today •Insight •Marketing Master •Outdoor •Outdoor Today
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Indian Periodical
•Indian Journal of Retailing •Outlook •Pitch •P-O-P •Retail Biz •Reserve Bank of India Bulletin •Sarvekshana •Strategic Marketing •Times of India Photography •USP Age •Visual Merchandising and Retail Design •The Week
RCM and Information Sources By KEIC
Data Source
•Ministry of Statistics and Programme Implementation: http://mospi.nic.in/ •Central Statistical Organisation (CSO): http://mospi.nic.in/cso_test1.htm
•National Sample Survey Organisation (NSSO): http://mospi.nic.in/nsso_test1.htm
•Reserve Bank of India: http://www.rbi.org.in/home.aspx
•Planning Commission: http://planningcommission.nic.in/ •National Council for Applied Economic Research: http : //www.ncaer.org/ •Indian market demographic reprot 1998 •Census of India: http://www.censusindia.net/ 20070419/10 am
RCM and Information Sources By KEIC
Data Source
•Centre for Monitoring Indian Economy (CMIE) •Indiastat.com
• ISI Emerging Markets •KSA Technopak: http://www.ksa-technopak.com/index.jsp
•KPMG: http://www.in.kpmg.com/about/overview.asp
•FICCI: http://www.ficci.com/ •CII: http://www.ciionline.org/ •AC Neilson ORG MARG: http://www.acnielsen.co.in/home.asp
•TAM: http://www.tamindia.com/tamindia/index.htm
•The Marketing Whitebook •Market forecast and indicators 1997-2007 20070419/10 am
20070419/10 am RCM and Information Sources By KEIC
Foreign Periodical
•Advertising Age •Business to Business •Campaign •The Economist •Far Eastern Economic Review •Fortune International •Harvard Business Review •International Journal of Advertising •Journal of Advertising
RCM and Information Sources By KEIC 20070419/10 am
Foreign Periodical
•Journal Consumer Bebaviour •Journal of Consumer Psychology •Journal of Consumer Research •Journal of Interactive Marketing •Journal of Marketing •Journal of Marketing Research •Journal or Retailing Journal of Advertising Research Journal of Brand Management Ebsco Database
RCM and Information Sources By KEIC On-Line Publication: Advertising Age: http://www.adage.com/ads/interstitial_1.html
Catalog Age: http://multichannelmerchant.com/ Chain Store Age: http://www.chainstoreage.com/ Consumer Digest Online: http://www.consumersdigest.com/ Convenience Store News: http://www.csnews.com/csn/index.jsp
Direct: http://www.directmag.com
/ Discount Store News: http://www.dsnretailingtoday.com/ Drug Store news: http://www.drugstorenews.com/ E-commerce News: http://www.drugstorenews.com/ 20070419/10 am
RCM and Information Sources By KEIC On-Line Publication: Progressive Grocer and Supermarket Business http://www.progressivegrocer.com/progressivegrocer/index.jsp
Promo: http://www.promomagazine.com/ Restaurant Business: http://www.restaurantbiz.com/ Shopping Centers Today: http://www.icsc.org/ Stores: www.
stores
.org/ 20070419/10 am
20070419/10 am RCM and Information Sources By KEIC
Research Companies
America’s Research Group Burke Customer Satisfaction Association Dun & Brandstreet Environsell Shopping Behaviour Research Gallup Organisation GE Information Services Information Resources Inc.
Info USA AC Neilson Yonkelovich Partners
RCM and Information Sources By KEIC Association Retail Association of India: www.
retail
ers
association
of
india
.org
National Retail Foundation – www.nrf.com
Point-of-Purchase Advertising Institute – www.popai.com
Direct Marketing Association: www.the-dma.org
Direct Selling Association: www.dsa.org
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20070419/10 am RCM and Information Sources By KEIC Thank You