With retail sector already gaining grounds, this course has been introduced to fill in for the opportunities available in the retail sector by imparting the empirical knowledge of the functioning of retail formats.
Retailing: Meaning, Retail format, types of retailers (store, non-store retailing), Indian retailing scenario, Functions performed by retailers.
Retail communication mix: Meaning, methods, Retail communication process.
Financial strategy: Strategic profit model
Location & site analysis: Types of retail locations, factors affecting Trade area demand, factors affecting attractiveness of a site.
Supply chain management: Meaning, process, importance, retail logistics.
Customer Relationship Management: Meaning, Importance, Customer Relationship Management process (customer data collection, data analysis, target customer identification, Development of Customer Relationship Management program implementation)
Retail Pricing: Pricing strategies (Every Day Low Price, High Low Price), Price adjustments (Mark downs, coupons, Rebates, Price bundling, multi-unit pricing, variable pricing, online pricing)
Layout and Visual merchandising: Types of store layout designs, planograms, Merchandise presentation techniques.
Customer service: Importance, SERVQUAL gaps model.
3. Khandelwal, Aditi, Retail Management, RBSA Publishers, Jaipur, 2013