Retail Scenario in India : Touching Meteoric Scales As the corporates the Piramals‚ the Tatas‚ the Rahejas‚ ITC‚ S.Kumar’s‚ RPG Enterprises‚ and mega retailers- Crosswords‚ Shopper’s Stop‚ and Pantaloons race to revolutionize the retailing sector‚ retail as an industry in India is coming alive. Retail sales in India amounted to about Rs.7400 billion in 2002‚ expanded at an average annual rate of 7% during 1999-2002. With the upturn in economic growth during 2003‚ retail sales are also
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were getting shorter by nearly 50percent (on average) every five years. While in some industries this rate of changes was less sever‚ in other industries the rate of change was even more rapid. Automotive industry‚ for example‚ new product introduction times changed from around 60 months to a target of approximately18 months‚ or a sharp reduction of around 70 percent from the mid-1980s to 2003! In several industries‚ the total time taken to introduce a new product into the market can be the key difference
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The global consumer electronics industry has been growing significantly for the past few years due to the innovative technical developments in the sector across the globe. The industry is entering into the age of convergence wherein entirely different streams of digital-based audio‚ video and information technology unite and merge‚ removing entry hurdles across various markets and the whole industry. The union of technologies has indeed resulted into a robust demand for consumer devices such as home
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“A study of retail service quality expectation of Electronic Retail Stores with reference to Bangalore Shoppers.” Objectives: 1) To identify the shoppers expectation towards service quality of electronic retail stores in Bangalore. 2) To find out whether demographic variables influences the expectations of service quality of Electronic Retail Stores. 3) To find out whether Inter-personal relationship has influence on customers expectations of sevice quality of the Electronic Stores. 4) To
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facing the consumer electronics industry‚ manufacturers are constantly engaged in the creation of new products that would hopefully win consumers’ acceptance. However‚ against a backdrop of changing technology and sophisticated consumer wants‚ inventing a successful innovation is an uphill task. In this study‚ we chose two products‚ the portable MiniDisc player and the MP3 player‚ to represent the various innovations in the consumer electronics market. A two-stage pluralistic research was carried out;
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903-718-2618 Electronic and Digital Media Industry Paper In this paper I will discuss the role of technology in electronic and digital media. It also discusses the historical and contemporary roles that are played by the media in the daily activities in society. I will further also look into the advancement of technology since it was discovered and how it has evolved overtime and made each and every one of us dependent on them. Technology plays a very important role in electronic and digital media
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INTEGRATED PRODUCT DEVELOPMENT AND STRATEGIES ASSIGNMENT – I S.SATISH BABU 11MD34 RAPID PROTOTYPING Rapid prototyping is the automatic construction of physical objects using additive manufacturing technology. The use of additive manufacturing for rapid prototyping takes virtual designs from computer aided design (CAD) or animation modeling software‚ transforms them into thin‚ virtual‚ horizontal cross-sections and then creates successive layers until the model is complete. It is a
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Retailing VTU notes PART-B- RETAIL MANAGEMENT MODULE 5 - RETAIL MANAGEMENT Retail Management: Definition: “Retailing consists of activities involved in selling goods and services to ultim ier. Retailers will be interested to assess the working of the supplier on paramerter such as innovation‚speed of new product or variant introduction‚ sampling service‚ marketing support(advertising and promotion) and handling queries and complaints. CATEGORY MANAGEMENT: Category management is the
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Evaluate the impact of retail surrounding on consumer behaviour How can stores encourage business by managing the atmosphere? In today ’s retail market‚ the competition has significantly increased in term of attracting the consumers by focusing on improving the atmosphere. Bitner (1990) stated that "Such atmospherics planning can make the difference between a business success or failure". However‚ this can be managed by a combination of particular aspects In order to reach the best
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buy the product you produce or services you deliver; therefore customer is an integral part of every business. There was a time when customers was treated less critical and vocal by the businesses and markets was treated just as dumping grounds for the products‚ however this situation does not prevail anymore because of the tremendous transformation happening in the retail food industry since last five decades. Today customers have more choices than ever before‚ through more diverse channels. Even the
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