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The Franchising World - February 2011 Issue

Profits MADE TO order!

PERSONALISED gifting is Presto's forte and it has guarded it fiercely for the last 10 years by offering quality products range. Till date, no other company has come close to what Presto offers and stands for. Presto Personalised Wonders, a Kolkata-based brand owned by Mohan Impressions Pvt. Ltd, was incorporated in June 1995 with one objective, to be the premium resource in everything that can be personalised.

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Retail Space Saga From a few square feet to over 2,000 sq.ft

THE consumer spending in India has mounted to 75 per cent in the last four years. By year 2013, the organised retail sector is expected to grow at a CAGR of 40 per cent .The organised retail has propelled the industry at large and made it look towards newer and extended segments.

by Beny Sachdeva | Know More       0 Comments

BIG BOOSTERS

BIG formats announce big names and big games. That's why a clutch of Indian retailers plan to increase the number of bigger stores in their portfolios this year. As per a report, retail firms like Aditya Birla Retail Ltd, Spencer's Retail Ltd, Pantaloon Retail (India) Ltd and Bharti Retail Pvt. Ltd, plan to open stores which are between 30,000 sq.ft and 100,000 sq ft.

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Business Balancers

TRANSFORMATION in retail formats, especially in less than 2,000 sq.ft segment, has been quite noticeable. There has been an upswing in the mid-size retail formats and specialty retailers offering the richness of a shopping experience and products that meet the needs of the target consumers are adding to the flavour of the Indian retail experience.

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Tiny treasure troves

AFTER the hype created by 'big-box' retailers in the last decade, it's now the turn of small retail formats to garner genuine attention. As the market is evolving, small retail formats are burgeoning at the same pace to feed the altering consumption patterns.

by Amanpreet Kaur | Know More       0 Comments

Small wonders

THE popularity of small format retail stores (less than 500 sq.ft) is not limited to mature and affluent markets of metros. Tier II and III cities are also among the preferred destinations, as this format has immense scope and potential to aid expansion across the length and breadth of the country.

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The franchisors’ wish list

THE franchise market is expecting 30 per cent year-on-year growth in the present fiscal year. It is growing by leaps and bounds and it is high time that policymakers do the needful for the US$ 7.2 billion Indian franchise market.

by Beny Sachdeva | Know More       0 Comments

TEST RUN YOUR BUSINESS IDEA

WITH the global economy opening its doors for franchisors to invest in the matured, developing and emerging markets, an attempt to expand without testing the waters is like being loaded with chances of failure. So assessing a product before planning a final launch is certainly catching up fast with franchisors across the globe.

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Google or Facebook THE AD-VANTAGE IS YOURS

The economic slowdown had forced companies to resort to low-cost marketing and promotion options that made the world wide web (www) more attractive. Today, presence on the internet has become indispensable. Remaining “signed-in” is much more than a trend, it's a way to remain connected with your customers. You can notify up-to-the-minute activities and people can share their feedback.

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Riding on a new wave

AFTER showing great potency across varied sectors of the retail industry, franchising is exploring new avenues to supply the demand generated by conglomerates and entrepreneurs in the automotive sector too.

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In high gear

Prateek Maheshwari, Founder Director of Brand Concepts Pvt. Ltd, a premier resource for licensed fashion, sports and entertainment accessories, is a man of acute business acumen. Having signed an exclusive licence agreement with Tommy Hilfiger, his business is on a roll. He tells Beny Sachdeva about the opportunity in travel gear and accessories segment.

by Beny Sachdeva | Know More       0 Comments

NAME, FAME OR MONEY?

THERE are endless factors that motivate a person into entrepreneurship. A lot of research goes into understanding why some individuals decide to break through the traditional ways of doing things and others don't.

by Malvika Lal | Know More       0 Comments