Hello, This is a life related article and I thought it might interest all of us. About 6 months ago, I learnt, that as we age, we use less and less of our lungs capacity due to multiple factors including lack of exercise. My theory at this stage (I may[…]
Golden Furniture
Have you observed that you are carrying a huge liability in your store? Daily, Monthly, Yearly and even for over a decade? Yes, the gold jewellery in your store, you are carrying a huge liability. Yet, we rarely recognise it. Do you know why? Like back pain, we are all[…]
Learnings from Tanishq
1993, Tanishq office in Golden Enclave, Bangalore. After a massive failed attempt to sell in diamond-studded jewellery as a brand in Paris, Europe, The Tanishq brand of 18 kt jewellery had been launched in the local market. It was failing here too. The logo itself looked like some Chinese Restaurant,[…]
Become Your Mentor
Today, I want to thank my Mentor Dr. Goldratt. I was Tanishq’s Head of Merchandising in 2009, when we were already doing well at about 130 stores, when like any large company, they send us to “residential“ training programs. They sent me to TMTC, Pune, the Tata’s Learning University. The[…]
6 Things to do for a Great Diwali
Congratulations. The market has picked up, the gold rates are down, customers are back in the stores since Dussehra ! You have invested a lot of time, effort and money to make this Diwali. Right? But, there are still a few important jobs, that make this Diwali Sales, the best. Or,[…]
Retail Gurukul at Delhi Jewellery Show
I was recently in Delhi and visited the Delhi Jewellery show. I noticed some positive signs for the jewellery industry. Please watch the video below to know more:-
The stock markets are up! Is your business Up or down?
The stock markets are up! Is your business Up or down? The government has taken a massive cut in income. It hopes, business will improve and over time, taxes will go up. The question for retailers like us is, will the consumer buy into the “growth story” and come[…]
How can Retail Business Consultants help you? Times have changed. Have you?
Times have changed. Customer expectations have changed, the competition has changed and even the type of products, suppliers have changed. Are you stuck in the past? Retailers who stuck to their past, have either retired or forced to close shop. Who remembers HMT, Gitanjali, Nirav Modi, BPL etc. Successful ways of[…]
Chance or Change ? Your chance to make the Change is here. Are you ready?
Chance or Change? What made the government to get elected again? It was the Change they brought about in the past and the Change that they are promising now. Because, the last 5 years were full of surprises and the next 5 years, could be more surprises. There are already[…]
Online Vs Offline Retailers – Benefits of Data Mining How Data mining can help you.
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[…]