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Retail & E-commerce Blog TopicsPredictive Analytics in Retail
In plain words, predictive analytics is the process of forecasting and estimating the course and direction of future trends and events with the use of statistical tools and methodologies. In retail, predictive analytics is used to forecast consumer behaviour in the...
Beacon Technology in Retail
Ever wondered what it be would like that you are walking past one of your favourite bookstores (with no intention of dropping by) and suddenly you get a notification on your smartphone about the arrival of the new novel (in that bookstore) that you've been waiting for...
ORGANISING – A GAME ONLY FOR THE GIANTS???
As we mentioned, only 8% of Businesses in India are organised, the major reason behind the same is that the rest 92% believe it’s “Not their cup of Tea”. Is it that Organising your business & running it as per systems, without the involvement of the owner...
CHANGE TO SURVIVE!!
As rightly quoted by Mr Mark Sanborn, famous leadership speaker -“Your SUCCESS isn’t based on your ability to change. It is based on your ability to change faster than your competitors!” Today, every 03 years, the technique of doing any business changes &...
What is SOP (Standard Operating Procedures)
I will not give you any definitions on SOP (Standard Operating Procedures) In some or the other way we follow some SOPs designed by our community, religion, etc Example(s): When you go to a temple: you join your hands & pray When you are born: you have to...
Evolution of Malls in India
The organized retail trend started in India in 1999 with the launch of its first ever mall called “Ansal’s Plaza” in Delhi, which was followed by “Crossroads” in Mumbai & “Spencer Plaza” in Chennai. Until the end of 2002, only three shopping malls existed in...
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