Evolution Of Organized Retail In India & Its Impact On Consumer Behavior

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Information about Evolution Of Organized Retail In India & Its Impact On Consumer Behavior

Published on March 6, 2009

Author: anand_16c

Source: slideshare.net

Anand Choudhary International Academy of Management & Entrepreneurship (IAME) Copyright©2008: IIMB- Anand Choudhary

Total market size (in 2008) (USD): 350 billion. Compounded Annual Growth Rate: 5 %. 12 million retail outlets. Mall space: 60 million feet 2 by end 2008 . India’s consumer market: 400 million. Copyright©2008: IIMB- Anand Choudhary

Total market size (in 2008) (USD): 350 billion.

Compounded Annual Growth Rate: 5 %.

12 million retail outlets.

Mall space: 60 million feet 2 by end 2008 .

India’s consumer market: 400 million.

CAGR: 7-8% Source: CII – A. T. Kearney Report 2006 Copyright©2008: IIMB- Anand Choudhary

Window of opportunity for Retail entry in markets (based on Global Retail Development Index (GRDI) ranking from 1995-2006 ) Source: CII – A. T. Kearney Report 2006 Copyright©2008: IIMB- Anand Choudhary

Source: CII – A. T. Kearney Report 2006 Copyright©2008: IIMB- Anand Choudhary

Source: CII – A. T. Kearney Report 2006 Copyright©2008: IIMB- Anand Choudhary

Source: CII – A. T. Kearney Report 2006 Copyright©2008: IIMB- Anand Choudhary

Demographic dynamics Double incomes Plastic money revolution Urbanization Potential for investment Location Sectors with high growth potential Rural retail Copyright©2008: IIMB- Anand Choudhary

Demographic dynamics

Double incomes

Plastic money revolution

Urbanization

Potential for investment

Location

Sectors with high growth potential

Rural retail

Personal Disposable Income Credit Card Growth Number of card (in millions) US $ billion Source: Reserve Bank of India Copyright©2008: IIMB- Anand Choudhary

New retail forms and combinations Growth of intertype combination Competition between store-based and non-store-based retailing helps customer Growth of giant retailers Copyright©2008: IIMB- Anand Choudhary

New retail forms and combinations

Growth of intertype combination

Competition between store-based and non-store-based retailing helps customer

Growth of giant retailers

Greater choices and lower prices Direct engagement with products and new innovations Shopping environment and service Proper arrangement of products depending upon: age, gender, status, culture of consumer. Copyright©2008: IIMB- Anand Choudhary

Greater choices and lower prices

Direct engagement with products and new innovations

Shopping environment and service

Proper arrangement of products depending upon: age, gender, status, culture of consumer.

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