Remember your old kiranawala who used to keep his son at the shop to serve the customers in the afternoon. The evenings were taken over by his father who was retired and was now keeping himself busy being involved in his son`s shop. The mornings were serv
The neighbourhood stores are on the threshold of benefiting from the advantages of organised retailing as the format of franchising for a small modern retailer is fast catching up. In this new dispensation the owner employee` who takes ownership of the bu
In his book, `Profitable Partnerships`, the author explains to franchisees and franchisors how to create prosperous and successful business relationships. Here is an excerpt from the book
Branded entrants, innovative products, demand for quality and increase in consumerism are shaping the luggage (leather) accessories market substantial for investment than ever before. The market is looking greener as these luggage and accessories majors a
Cosmetics industry in India is undergoing an image makeover with the entry of sundry international cosmetics brands. The relatively slow growth of the industry is about to gain momentum now
Franchising in India has come a long way. From merely being an expansion tool, it now plays a major role in fuelling global growth. This change of role has catapulted the small business`s growth scenario in India.
After-sales service forms the backbone of consumer durables market, which is all set to witness a boom. A consumer-seller relationship, which is born out of the sale –purchase transaction, can get strengthened only with a strong after-sales back-up. And t
Kidswear, a new rage among retailers, has proven a lucrative vertical for organised retailing. The development has been fuelled by the entry of global brands, which are showing a keen interest to tap the Indian market.
Looking at the growing economy in India, global players foresee it as an attractive destination for doing business. Growing acceptance of international brands, yearn for novel styles and designs amongst Indian consumers is not only inspiring the domestic
