Provide an understanding of World bullion market, how gold rates vary, retailing precious as well as costume Jewellery.
Identify and understand the significance of retailing in the current business Environment
Provide comprehensive knowledge about marketing mix
12.00
Unit I:
Retail Marketing
Definition and Scope of Retailing – Growth of Retailing Industry –
Characteristics of Retailing
Activities of Retailers & Classification of Retailers
Retail marketing strategies
12.00
Unit II:
Functions of Retailing
Importance of Retail Sector
Retailing Scenario at Global and Indian Context.
Relationship Marketing in Retailing
Consumer Behaviour in the Retail Context
E-Commerce
12.00
Unit III:
Marketing Communications:
Advertising, personal selling, sales promotion, public relations, and direct marketing
Marketing of Jewellery
7P’s of Marketing
Service Marketing.
12.00
Unit IV:
Store Management
Store Management
Responsibilities of Store Manager,
Setting up Retail organization,
Size and space allocation,
location strategy,
factors affecting the location of Retail,
Retail location Research and Techniques,
Objectives of Good store Design.
12.00
Unit V:
Store Layout and Space planning
Types of Layouts, role of Visual Merchandiser
Visual Merchandising Techniques
Controlling Costs and Reducing Inventories Loss
Exteriors and Interiors
Essential Readings:
Levy, M., Weitz, B. A., & Grewal, D. (2004). Retailing management. New York: McGraw-Hill Irwin.
Bhatia, S. C. (2008). Retail management. Atlantic Publishers & Dist.
Pradhan, S. (2012). Retailing Management: Text and Cases, Tata McGraw-Hill Publishing Company, New Delhi, Ed. 2nd.
References:
SUGGESTED READINGS:
Vedamani, G. G. (2008). Retail management. Jaico, Ed. 3rd.
Madaan, K. V. S. (2009). Fundamentals of retailing. Tata McGraw-Hill Education.
Chevalier, M., &Gutsatz, M. (2012). Luxury retail management: How the world's top brands provide quality product and service support. John Wiley & Sons.
Kapoor, R., &Madichie, N. (2012). Consumer Behaviour. June, Tata McGraw-Hill, Noida, India.