Description
Retail industry would be a bane for india by studying social, eocnomic implications, projected growth, impact on customers.
Retail Markets in India
A ‘BANE’ !!
Projected growth of Retail Market
General Perceptions
Retail industry would give fair prices to both producers and consumers- Is it So? Retail enterprises can co-exist with local vendors as ‘Safal’ and ‘Mother Dairy’ have done in the past.- How true is this statement?
Social Implications
? ?
Primary form of disguised under-employment Structural Unemployment
? ?
Higher spending by customers Consumption pattern can be manipulated
Economic Implications
?
Increased real estate prices Increased vulnerability for domestic producers Predatory cost strategy
?
?
Impact on customers
?
Lacking customer focused marketing
Incomplete retail experience Poor retail design
?
?
Impact on customers (contd.)
?
Less attention to personal care
?
Natural freshness not available in vegetables and fruits sold. Retail theft
?
Impact on the environment
?
Depletion of natural resources
Wastage of electricity in attractive lighting and artifacts
?
Equity & Justice
?
Protection by govt. to local vendors • Financial • Infrastructural • Distribution • Storage • Transport • Trade centers
Other Measures
?
? ?
Differentiation of services Product specialisation Forming co-operative societies
Conclusion
Organized retail market has not been a great help for Indian economy and also did not serve the main purpose of satisfying the consumers
doc_243818290.pptx
Retail industry would be a bane for india by studying social, eocnomic implications, projected growth, impact on customers.
Retail Markets in India
A ‘BANE’ !!
Projected growth of Retail Market
General Perceptions
Retail industry would give fair prices to both producers and consumers- Is it So? Retail enterprises can co-exist with local vendors as ‘Safal’ and ‘Mother Dairy’ have done in the past.- How true is this statement?
Social Implications
? ?
Primary form of disguised under-employment Structural Unemployment
? ?
Higher spending by customers Consumption pattern can be manipulated
Economic Implications
?
Increased real estate prices Increased vulnerability for domestic producers Predatory cost strategy
?
?
Impact on customers
?
Lacking customer focused marketing
Incomplete retail experience Poor retail design
?
?
Impact on customers (contd.)
?
Less attention to personal care
?
Natural freshness not available in vegetables and fruits sold. Retail theft
?
Impact on the environment
?
Depletion of natural resources
Wastage of electricity in attractive lighting and artifacts
?
Equity & Justice
?
Protection by govt. to local vendors • Financial • Infrastructural • Distribution • Storage • Transport • Trade centers
Other Measures
?
? ?
Differentiation of services Product specialisation Forming co-operative societies
Conclusion
Organized retail market has not been a great help for Indian economy and also did not serve the main purpose of satisfying the consumers
doc_243818290.pptx