India Investment, Stocks, Credit Card and Retail Forum
Retail Forum of India => Indian Retail Forum and Discussion => Topic started by: retailmantra on April 05, 2011, 01:11:47 PM
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Here are the 6 Mantras of Retail Gurus for Profitable Growth,
Evolve to multiple formats
Saturate top cities: top cities to be the 1st battleground for modern retail
Know thy customer, own thy customer
Get credit for value: Price perception is important and retailers need to communicate value propositions more effectively
Efficiency inside, Excitement outside: Create a buzz to drive customer entry; operating efficiency to drive profitability
Build a zero‐based organization: Align priorities and focus across the organization to the store