Business expansion may seem like an uphill task for small-scale business enterprises. But expansion is essential for a business; not just for growth but also for survival. No business has ever become a great business without growth and expansion, even if such growth...
In today’s business environment, no business can afford to remain complacent with its achievements of the past or its grand opening run. If a business has to survive in the long run, it must learn to grow with its environment – demographics, industry, technology,...
Traditionally, there are two ways of selling a product – retail and wholesale. In retail, goods are sold in fragmented quantities; while in wholesale, it is done in lots. But whatever be the method of selling, a businessman or an entrepreneur need to organize it as a...
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...
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...
Relevant use of retail analytics in offline (brick and mortar stores) retail is augmenting and constantly innovating with various tools used by the retailers to maximize their engagement with customers, learn more about consumer behavior and increase transactional...
