Documente Academic
Documente Profesional
Documente Cultură
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• a receiver that receives the signal and converts it back into usable
information.
Definition of telecommunication:-
Telecommunication
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INTRODUCTION ABOUT RETAILING:-
• Definition of retail:-
1. To sell in small quantities, as by the single yard, pound, gallon,
etc.; to sell directly to the consumer; as, to retail cloth or groceries.
• Definition of retailing:-
Retailing is the set of business activity that adds value to the
products and services sold to consumers for their personal or family use
often people think of retailing only as the sale of products in stores. But
retailing also involves the sale of services: overnight, lodging a motel, a
doctor’s exam, a haircut, a videotape rental, or a home-delivered pizza.
Not all retailing is done in stores. Examples of non-store retailing are
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Internet sales of records album by CDNOW, the direct sales of cosmetics
by Mary Kay, and catalog sales by L.L. Bean and Patagonia.
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Development Index (GRDI) for the third consecutive year, maintaining its
position as the most attractive market for retail investment. Modern retail
accounts for about 4 percent of the total retail market in India. This share
is expected to increase to abort 15-20 percent with the entry of a number
of corporate into the segment. Modern retail format have grown by 25-30
percent in India in the last year and could be worth US$ 175-200 billion
by 2016.
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With the organized retail segment growing at 25-30 percent
p.a., revenues may triple from the current US$ 7.7 billion to
US$ 24 billion by 2010.
The share of modern retail is likely to grow from its current
& 2 percent to 15-20 percent over the next decade, analysts
feel. No wonder a heavyweight like reliance is planning to
do a Wal-Mart in India.
In the next few years, India will see at least two domestic
retail businesses attain the magic figure of US$ 218 million
in sales.
Wal-Mart is moving a senior official from its headquarters
(US),to head its market research and business development
function pertaining to its retail plans in India.
The New York based high-end fashion retailer Saks Fifth
Avenue has tied up with realty major DLF Properties to set
up shop in a mall in New Delhi.
Mukesh Ambani has announced a separate company,
Reliance Retail Limited, which would be 100 percent
owned and would invest Rs. 25000 crore in the retail
business over the years. Stores will be set up in phase and
around 1600 stores will be placed by 2010.
Internet retailing will thrive in the coming decade.
Several 24-hour retail stores would emerge to cater to
consumer.
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• Fast Facts:-
Current Status Expected Growth
Overall retail growth Rs.5,88,000 crore Rs.14,79,000 crore
Growth in organized Rs.5,000crore Rs.1,60,000 crore
retail
Booming sector Food & Grocery Food & Grocery,
Apparel
Employment Trends 21 Million Increase by 8 million
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Food retailer
Leisure &
Home Furniture Personal
& Household Goods
Goods
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The Mobile Store offers a world class shopping environment, with state of
the art technology.
The Mobile Store currently has more than 1050 outlets and
the vision is to have a network of 2500 stores by 2010 across 650 cities,
thus covering virtually every major town in every state across India.
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gaming and prompt after sales service, available not only in the city of
purchase but in all The Mobile Store outlets across the country.
The Mobile Store has categorized its mobile device offerings into
consumer segments keeping in mind the profiles and needs of different
consumers. The unique segments available in The Mobile Store The
Mobile Store are: Business - PDA & Smart phones, Emails, data transfer
etc., Lifestyle - Fashion phones, Look and elegance, Fun - Multimedia &
music, camera, games, wacky ring tones and wallpapers, Value for Money
- Special offers, discounts and budget phones.
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All major handset brands like
Nokia, Sony Ericsson, LG,
Samsung, Motorola, Fly, Sagem,
HP, iMate, Dopod, HTC and
Blackberry are available at the
store. The Mobile Store has also
tied up with all leading operators
including Airtel, Vodafone, BPL, Idea, MTNL/BSNL and Reliance, Tata
Indicom.
Here’s the Brand Values and some of the ways that deliver these
values by The Mobile Store are:-
• Trustworthy/Credible:-
• Curious/Inquisitive:-
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• Fun:-
Target Audience:-
- 8-45 years
- Mass Market-Functionality & aspiration driven
- Value for money, deal seekers
- Mobile is a way of life, an integral part of their lives-
personal and professional
- Has tested new age retailing
• Brand Benefits:-
Get more:-
o Widest variety
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o Best value/Deals of mobile products & services + After Sales
Service & Support.
• Trained staff
• Using Positive Language
• Go an extra mile
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COMPANY PROFILE
COMPANY LOGO:-
PRODUCT/SERVICE:-
• Mobile Phones,
• Mobile Connections,
• Mobile Accessories,
• Music & Gaming Devices,
• Mobile Repairs,
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• Value Added Services.
Mobile Phones
BenQ
Blackberry
Bleu
Cool Pad
Dopod
Fly
HP
HTC
iMate
LG
Motorola
Nokia
O2
Palm
Porsche
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Samsung
Sony Ericsson
Spice
Tata Indicom CDMA
Virgin Mobile CDMA
Mobile Accessories
Car Accessories
Data Devices
Headsets
Other
Power
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Handset Repairs
About repairs
Mobile Phone Tips
Repairs & Services
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software may also be used for promotion, and surveys such as those
polling customer satisfaction. Customer Relationship Management (CRM)
is an information industry term for methodologies, software, and usually
Internet capabilities that help an enterprise manage customer relationships
in an organized and efficient manner. Those aspects of a business strategy
which relate to techniques and methods for attracting and retaining
customers. CRM is the common terminology used to describe the
managing of prospects all the way through the entire sales process. CRM
is often an entire data system that can either be manipulated manually,
such as an index card system or a computer automated system. There is
specially designed software for customer Information-technology enabled
strategy aimed at identifying, targeting, acquiring, and retaining the best
mix of customers. CRM helps in profiling prospects, understanding their
needs, and in building relationships with them by providing the most-
suitable products and a very high level of customer service. It is a strategy
used to learn more about customers' needs and behaviors in order to
develop stronger relationships with them. Good customer relationships are
at the heart of business success. There are many technological components
to CRM, but thinking about CRM in primarily technological terms is a
mistake. The more useful way to think about CRM is as a strategic
process that will help you better understand your customers’ needs and
how you can meet those needs and enhance your bottom line at the same
time. This strategy depends on bringing together lots of pieces of
information about customers and market trends so you can sell and market
your products and services more effectively. Stands for "Customer
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Relationship Management." This is a business term that started
somewhere in the deep abyss of the IT (Information Technology) world.
CRM refers to solutions and strategies for managing businesses'
relationships with customers. (I suppose that's why they call it customer
relationship management). With the advent of Web retailing, companies
have found it hard to develop relationships with customers since the e-
commerce interface is so impersonal. After all, don't you miss the firm
handshake and sparkling smile of the salesperson who just sold you the
most expensive computer system in the store? Well, whether or not you
miss the personal experience of the retail store, the goal of CRM is to give
you that feeling when you buy products over the Internet. When it comes
to CRM, customer service is the number one priority. Yes, all companies
seem to make that claim, but when online businesses create CRM models,
CRM entails all aspects of interaction a company has with its customer,
whether it be sales or service related. Computerization has changed the
way companies are approaching their CRM strategies because it has also
changed consumer buying behavior.
1. CUSTOMER LOYALTY:
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They send sms to their customers where in there is a secret coupon
no. in that sms with the help of which they can get discount of
certain amount.
They also organize various events & shows where they promote
their store with the help of Rolls Royce Car.
They also give special coupons where customers can avail discount
on their next purchase in the mobile store.
They try to give new offers to their customers. For e.g . recenty they
have offered movie card where in customers were getting free
couple movie tickets every month for one year.
2. SUCCESS FACTORS
There main strength is there software which they are are using i.e.
JDA & WINDSS
They keep the track of each & every transaction that happens in the
store.
This helps in avoiding malpractises at the store.
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SUGGESTIONS
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(7) According to my point of view, in today’s competitive
market company should analyze strategy of other retail store
before making our strategy.
BIBLIOGRAPHY
www.google.com
www.themobilestore.in
www.books.google.in
www.wikipedia.com
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