information from large databases. The retail industry has recently seen the growing number of data mining applications in reducing time and cost for the industry. The paper defines data mining and the seven operations of data mining that have been classified through many different literatures. It then focus on the important applications of data mining in retail industry including marketing‚ customer relationship management‚ risk management‚ fraud detection and retail inventory management. Further discussion
Premium
RETAIL BANKING DEFINITION: “Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings and checking accounts‚ mortgages‚ personal loans‚ debit cards‚ credit cards‚ and so” The Retail Banking environment today is changing fast. The changing customer demographics demands to create a differentiated application based on scalable technology‚ improved service and banking convenience. Higher
Premium Bank
RETAIL IN APPAREL INDUSTRY By: Ghousia Islam Madhuri Jain Dugar Neha Agrawal Piyushi Sanghai Riya Jain MMA 2ND Semester : What is Retailing ? Retailing is a set of business activities that adds value to the products & services sold to the consumers for their personnel or family use. India Stats in 2011 : Indian retail business valued at around US$ 550 billion in 2011 A report by Boston Consulting Group (BCG) has revealed that the country ’s organised retail is estimated
Premium Retailing Department store Shopping mall
Introduction The report revolves around the Retail Industry. As it is a very generic industry we have taken the Coffee Retail Market as the highlight of scrutiny. Our scope of study is focused taking in consideration only India as the geographic segment.We broadly look at the Porter’s Five Forces of the industry specifically. Also the complementors are observed and how they affect the retail business of coffee houses. The major players identified in the industry are Starbucks‚ Cafe Coffee Day‚ Barista
Premium Coffee Retailing Starbucks
Standards and Dominant Designs: Are they Complementary or Substitutes? Abstract – The ordinary approach towards Standards and Dominant Designs is considering them as synonymous. This essay argues the potential confusions generating because of this common belief providing evidences that might support the different meaning of the two terms. While one may argue Dominant Designs are characterized by persistent architectures within developed or new industries‚ the networks effect and the interconnectivity
Premium Innovation Standardization
Understanding core Retail Store Operations and Consumers’ Buying Behavior of Electronic Consumer Goods at Tata CROMA‚ Infiniti Retail Ltd.‚ Mumbai an Industry Internship Project iConnect Core 2012-2014 Report January - June 2013 by Maulik Patel PGDM-GLC-RMM-442 ITM Business School‚ Navi Mumbai www.itm.edu | maulik.p@itm.edu Company Mentor : Faculty Mentor : Mr. Avinash Pereira Dr. Shelja Jose Kuruvilla Former Zonal Manager‚ Infiniti Retail Ltd.‚ Mumbai Professor
Premium Retailing Tata Group
Discoveries and Developments In every field of life‚ we can see various advancements. New technologies are being discovered to make our lives and work faster‚ better and easier. All around you‚ whatever you look at you find advancement‚ even if you look at your cell phone‚ you know how fast it is advancing‚ and can do almost everything that we use to do on computers‚ in fact I guess more than that which means in a decade’s time from desktop computer we have developed to handy faster computers. Thus
Premium Indian cuisine Restaurant Chinese cuisine
Chain Best Practices in the Internet Retail Industry Introduction The advancement of technology has redefined the paradigms of the accessibility to information. People are now more aware of their needs and the specific sources to fulfill those needs. There is an ever increasing demand for anything and everything and the way the retail sector is booming‚ the supply chain and logistics have assumed an importance never felt before. With the IT coming into this industry‚ it has completely changed the scenario
Premium Supply chain management Retailing Inventory
Takagism is sweeping all around China Getting tired of singing karaoke and drinking with your friends? Don’t know what to do when you hang out? Want to try something excited and funny? The new Takagism will be your new choice. Many people may feel new to this word‚ Takagism was actually a game which needs players to find clues to unlock the room and find the way out of the puzzle. The game is very easy; all you need is to click your mouse. It is settled in different rooms and the hero is locked
Premium Telephone Coming out Puzzle
Service Dominant Logic Introduction: Service dominant logic view of marketing has changed from the traditional‚ foundational‚ goods dominant logic of exchange‚ in which goods were the focus of exchange and services that marketing inherited from economics a little more than 100 years ago to service as the basis of economic and social exchange. Service dominant logic has bought a paradigm shift in marketing from goods centred “value is embedded in output” dominant logic where focus was on the efficiencies
Premium Marketing