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,[…]
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[…]
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,[…]
I was recently in Delhi and visited the Delhi Jewellery show. I noticed some positive signs for the buy dnp jewellery industry. Please watch the video below to know more:-
The stock markets are up! Is your business Up or down? The government has taken a massive cut in xe88 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”[…]
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? 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 “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[…]