Online Vs Offline Retailers – Benefits of Data Mining “What the online companies doing with data”? “OYO has the most advanced hotel management. It is not a travel agent but manages hotels comprehensively with its management, booking technology, quality control method and efficient Artificial Intelligence. About 43 million micro optimisations[…]
Ask any retailer, “Bargaining” is his biggest headache. Everybody loves to bargain. Every buyer thinks that the price “quoted” is high. We are a nation of shopkeepers and as a nation, we all love to bargain. We all want “full paisa vasool” or full value for the money we are going[…]
Looking to improve your business ? Then, it is time to start a set of new habits within the store. Start with a basic Retail Training on “time keeping” for them. Keep the store ready for customers. The store must be ready to receive the customers when you open the[…]
“Change is the only constant”, was the theme of the Seminar by Retail Gurukul at the 14th Edition of the Gem and Jewellery India International Exhibition . It was held at the Chennai Trade Centre recently. Organised by the Madras Jewellers Diamond Merchants Association(MJDMA) and UBM India, the nation’s leading[…]
“Retail is all about detail!” Retail business is high-powered, instant sales business, yet it requires a lot of attention to minute back-end aspects. Retail store owners have to battle fierce competition, fluctuating prices, varying tax norms and product updates. In spite of all these odds, they have to sell, sell[…]
It is true that good customers make great Retail Sales. But, for retailers like you, your attitude determines whether the customer will buy from you or from your neighbouring retailer. To generate, good retail sales, you must make a commitment to first making sure you, your employees and colleagues, have[…]
The role of the Inventory Manager who is responsible for the Retail Inventory Management, has for long been one of the most important jobs in a retail store. So, do you have a Retail Inventory Manager? Whose job is it anyway: – The owner typically does the purchasing, because, he[…]
Your ultimate Personal Guide to your Retail Gurukul. This is your ultimate Personal Guide to your Retail Gurukul. A Guru or a guide, I wish I had when I wanted it, sometimes knowingly, sometimes unknowingly. A teacher of some sort to talk to, discuss or just listen to a different[…]