retail

End of catalogue shopping in India?

End of catalogue shopping in India?
India’s first catalogue store, Hypercity Argos, a joint venture between Shoppers’ Stop’s Hypercity Retail and Argos, UK has decided to wind off its 5 store Indian operations within 2 years of opening it.

Retail Trade in India – Small Store Format is still the King

Retail Trade in India – Small Store Format is still the King
Lets now see how 2009 fares for the FMCG industry and the retail trade in India. For now the small store format still rules. For the 2% Modern retailers; they have to first look inwards and sort out the mess they are in; before they can look to serve the shoppers better.

Zero Moment of Truth: The Power of Consumer Segmentation

Zero Moment of Truth: The Power of Consumer Segmentation
Zero Moment of Truth in Marketing – An average consumer comes across 6 million brand messages every year across various media – TV/print, events, SMS, outdoors, telemarketing, Point of sale, direct to consumer demos, endorsements.

Second Moment of Truth – The proof of pudding

Second Moment of Truth – The proof of pudding
Second Moment of Truth: If you are a detergent brand that promises superior stain removal to the consumer and claims to remove dry stains. Do you actually do it; the consumer will find out and that will decide your fate.

Anil Ambani launches online shopping portal to sell financial products

Anil Ambani launches online shopping portal to sell financial products
To augment its existing distribution channels, ADAG has launched a new portal RelianceMoneyMall.Com to retail financial products under Reliance Money umbrella over the internet. Apart from the Mutual Funds, insurance, IPO, research reports and Gold coins, the portal also sell gifts, home appliances and consumer durables.

India’s biggest mall project put on backburner

India’s biggest mall project put on backburner
The 4.5 million square feet, India’s biggest mall project ‘Mall of India’ being built by DLF in Gurgaon has been put on hold for now. This is probably the biggest casualty in the retail category since the slowdown started as the project was conceived as the “mother of all malls” with an investment of over Rs.1500 crores.