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Synopsis
Introduction:-
Customer Loyalty Programs(CLP) are intended to exactly deliver this — to
be able to track and reward customer behavior – and statistics indicate that
consumer participation in rewards programs is on the rise across all
demographic segments.
Based on our experience delivering innovative customer engagement solutions
for our retail clients and on available industry research, we’ve compiled a list of
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actionable best practices that can help retailers take their customer loyalty
program to the next level.
“In coming months, survival in retail will be directly related to the ability
to understand, precisely, the shopper’s state of mind, deliver solutions that
serve their interests, and effectively execute shopper marketing programs.”
— Miller ell Research
Space on Hire(SOH) are intended to maximize the profits from the leftover
place that a retail has in its premises. This is basically done to maximize the
profits and to attract the customers with a wide range of offers.
As an example we can easily say about the Pantaloons, who sold some portion
of its spaces of outlets to Titan, T24 mobile services to sell their products to the
customers from Pantaloons outlet.
Every retail outlets use this one to serve more to the customers under a one roof
and to reduce their work pressure regarding these matters.
Objectives:-
1. To know the importance of CLP & SOH in a retail.
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4. To know the strategies that PANTALOONS adopt to control the CLP &
SOH.
Scope:-
1. This will help me to know in details about the CLP & SOH.
2. This will help me to learn how to manage CLP & SOH in retail.
3. This will help me to learn about the CLP & SOH management process of
PANTALOONS.
Methodology:-
DATA COLLECTION METHOD
Primary data:-
Secondary data:-
The various sources that were used for the collection of secondary data
are:-
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