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BM 15-17 - Site Assignment - Retail Management
BM 15-17 - Site Assignment - Retail Management
PART I LOCATION
Highlight the positives and the negatives of the location site.
According to your observations is the store performing well? your observations in
terms of footfalls and ABV, customer profile, product assortment etc.You could
talk to the store manager if he is willing to give you information.
Make recommendations whether the store is at the right place or not , with rationale.
From the above - draw a checklist of factors ( in order of priority ) to be evaluated to
choose a site for a store in the same category
Thus draw a rough sketch of the Store layout and identify the hot spots and cold spots,
if possible.
PART I Location
Positives
Raymond Showroom nearby
Negatives
Skewed traffic, mostly in morning and
evening
Kashmir Vastralaya
Hyundai Showroom
Restaurant
Louis Phillipe nearby, differentiation easy
No window shopping
Store size and facing with parking
Checklist of factors (in order of priority) to be evaluated to choose a site for a store
in the same category?
1) Presence of apparel store with good footfalls nearby
2) Presence of branded apparel store nearby
3) Prospective rent to sales potential to survive operations
40%
25%
20%
15%
Pick one section and observe the category adjacencies for example you could
pick the juices section and note what is to the right and left of it. Could there be
any logic for the placement?
Suits with shirts stocked on either side of the section
Usually purchase of a suit is coupled with purchase of a shirt therefore the
placement.
Display of skus in one section - draw for one bay ( if you pick up the juice
section, for example, then how and in which order are the skus displayed in the
section of the rack.)
Thus draw a rough sketch of the Store layout and identify the hot spots and cold spots,
if possible.