Understanding the shopper’s journey in a hypermarket/ grocery retail Recent research of consumers in a grocery retail/ hypermarket revealed 80% percent of the shopper’s time is spent simply in moving from one place to another, not looking at and purchasing items i.e. major chunk of time is wasted resulting in nil sales. The average hypermarket […]
Lipstick – an economic indicator? Lipstick, a cosmetic product, giving economists worldwide an indication of the health of the economy. Last week, one of my friends had posted about Lipstick as an economic indicator which in fact refreshed my memories of handling two brands in cosmetics and kid’s toy segment in 2007-08. I am going […]
The Lessons of stress management from Indian scriptures and ethos during Covid19 lockdown. Stress Management has become critical in the current crisis wherein the Covid19 virus has locked the entire world indoors, with major cities under lockdown for weeks, financial markets seeing their lowest in the last decade, wealth is getting eroded due to volatile […]
Never apply for a job again !!! The book by author Darrell Gurney, ‘ Never apply for a job again’, talks about a methodology called Stealth Networking. Stealth networking techniques are of great importance when it comes to job search. In times of Covid19 and economic recession fears on the rise, the book provides good […]
New rules of Quarantined Economics – Opportunities amid crisis. As the world has quarantined itself with the emergence of Covid-19 or coronavirus as a global pandemic. Quarantine definition states “a state, period, or place of isolation in which people or animals that have arrived from elsewhere or been exposed to the infectious or contagious disease […]
A Beginner’s guide to Category management. Category management, the term arises from hypermarket or modern trade retail management practices. It signifies the importance assigned to a particular category from the Profit & loss point of view. It brings the feeling of collaboration amongst the buyers and vendors. Collaboration with vendors in terms of exchange […]
Learn how to manage the impact of Covid-19 or coronavirus on your retail business. COVID-19, the coronavirus has affected more than 80,000 people, spreads across the world in a very short span of time. Wherever you go or travel, only one topic that people are discussing is covid-19 or coronavirus. The first impact of […]
Branded content is the new age communication tool for marketers and advertisers. Print era vs Branded content It was an era wherein the ideas were stronger than visibility, as there were few avenues for the brands to showcase their products or services. “Words” were the only way to influence customers hence the era was of […]
Inventory Issues- Recommerce is the way forward. Recommerce — “resale commerce” — is the process of selling used products or excess inventory to companies or consumers. A couple of weeks back, I was not aware of this term nor its business model until one of my LinkedIn connection Patricia vekich Waldron wrote a post […]
Luxury brands at airports- a new retail therapy. Travel retail is going through transforming and luxury brands are at the realm of transforming airport retail. As per me, airports are “The New Malls” with the facility of taking off and getting into any country or city. The biggest trends in airports for 2020 are personalization […]
