The Indian retail industry is a thriving market that is expected to reach 1 trillion dollars by 2027. With an easing of the purse strings, there is an increase in demand for retail products. Making this a perfect opportunity for new entrants to expand into untapped markets. But opening a new store is always fraught […]
In today’s competitive business landscape, choosing the right business location for your venture is crucial for success. Whether you are planning to open a new retail store, expand your business, or establish a manufacturing plant, a well-informed site selection process is essential. This blog aims to guide you through the process of refining your site
In the world of business, success isn’t merely about having a great product or service; it’s about finding the right audience to appreciate and benefit from what you offer. Your ideal customers are the key to unlocking growth, loyalty, and profitability. But who are they, and how do you reach them effectively? In this exploration,
In the dynamic realm of retail expansion, discovering new opportunities in smaller cities (like tier II and tier III in India) is like finding hidden treasures. But there’s a big problem—businesses often don’t have enough information about these places, hindering them from making informed decisions. In this article, we’ll explore how using location data can
The Indian retail industry has had a rather inconsistent curve, but after the pandemic things have picked up a lot. Everything is escalating due to the boom in e-commerce, there are changes in the spending patterns and many newer ways of payments. In this article, we’ll explore the fundamentals of the Indian retail industry, study
Stockpiling up inventory for an audience who will never come. This is an exercise in absurdity that ranks among the greatest experiments in financial ruin in the history of the world. As a retail professional, you may own a retail business, or work for one. And nothing is more important to you and your business
