To provide an understanding of World bullion market, how gold rates vary, retailing precious as well as costume Jewellery .
To identify and understand the significance of retailing in the current business Environment
To provide comprehensive knowledge about marketing mix
9.00
Unit I:
Retail Marketing
Definition and Scope of Retailing – Growth of Retailing Industry –
Characteristics of Retailing
Activities of Retailers & Classification of Retailers
9.00
Unit II:
Functions Of Retailing
Importance of Retail Sector
Retailing Scenario at Global and Indian Context.
Relationship Marketing in Retailing
Consumer Behavior in the Retail Context
Retailing precious as well as costume jewellery
9.00
Unit III:
Marketing Communications
Advertising, personal selling, sales promotion, public relations, and direct marketing
9.00
Unit IV:
Marketing of Jewellery
7P’s of Marketing
product
price
promotion
place
packaging
people
positioning
Service Marketing
E-Commerce
9.00
Unit V:
sales promotion
definition
steps for increasing sales
publicity
store management
Essential Readings:
Marketing Management by Kotler/Keller/Koshy/Jha
Retail Management by Balaji Tuli Srivastava
The New Rules of Marketing and PR: How to Use News Releases, Blogs, Podcasting, Viral Marketing and Online Media to Reach Buyers Directly by David Meerman Scott
Why we buy - Art of Jewellery by Paco Underhill
Retail management by J.K. Nayak
References:
Fashion Merchandising- An introduction, by Stone, E. & Samples., J.A
Fashion Marketing, Blackwell Science Ltd, by Easey, Mike
Marketing Management: Analysis, Planning, Implementation a Control by Kotler,P