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Retail & E-commerce Blog Topics
6 Ways To Grow Your Business
In today’s business environment, growth is the best way to survive. Growth cannot be measured if there are no parameters to define it. The basic determinants of growth revolve around the same factors ( sales, revenue, markets, customers etc. ) irrespective of the size...
Achieving Double Digit Growth in Retail
According to IMF World Economic Outlook (Oct 2016), India is the fourth fastest growing country with its GDP projected to accelerate at 7.6% (2016) (1) and pegged at an estimated value of INR 121.65 lakh crores (2). The quickly evolving retail industry in India...
Mystery Shopping – An Highly Ignored Audit Tool !!!
What Is Mystery Shopping? People are most honest when they know they are not being observed or tested. Mystery shopping is a method of experiencing customers’ experience from customers’ perspective. In mystery shopping, this experience is staged but without the...
Impact of Demonetization on Retail
On 8th November, 2016, government announced the demonetization move in a surprising fashion invalidating the existing currency denominations of Rs.500 and Rs.1000. The decision came as a surprise for the general public as more than 80% of the currencies in circulation...
Why is Retail Sector Unorganised in India ???
Key Reasons Behind Unorganized Retail in India Today, the retail industry in India is estimated to be over INR 40 Lakh Crores and accounts to 10% of India's GDP. According to rough estimates, the unorganised retail sector constitutes over 90% of the country's retail...
BIG DATA
Do we have a choice to not inhale CO2 while breathing? Do we have a choice of not having artificially ripened fruits? Do we have a choice to escape from digitization? Whether you like it or you don’t, we have all been potential targets for “BIG DATA” and it is...
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