Professional Documents
Culture Documents
SUSHIL MANDGE
Contents
• Retail Management
What is Retail Management
Retail in Marketing Chain
To develop a New Store
To develop Existing Store
Response to Sales Promotion Method
• Team Building
Meaning
What is Team Building
Barriers to Effective Team Building
• ROI Calculations
• Team Building
Retail Management
What is Retail ? Retail involves the sale of goods from a single
point (malls, markets, department stores etc)
directly to the consumer in small quantities
for his end use.
Retail Management
Retail in Marketing Channels
With industrialization and globalization, the distance between the manufacturer and the consumer has increased. Many times a
product is manufactured in one country and sold in another. The levels of intermediaries involved in the marketing channel
depends upon the level of service the consumer desires.
To develop a new store in the cluster will be requiring these following points
The more the customer visits a retail shop, the more (s)he is exposed to the
sales promotion methods. The use of sales promotional devices increases the
number of shop visitors-turned-impulsive buyers.
The promotional methods include:
Displays: Consumer products are packaged and displayed with aesthetics
while on display. Shape, size, color, and decoration create appeal.
Special pricing: Unit’s special price under some scheme or during festive
season, coupons, contests, prizes, etc.
The team leader plays a very important role in binding his team together.
Invite suggestions from your team members.
Motivate your team members to share responsibilities among themselves at the
workplace.
Always ask your team members to first discuss things among themselves before
escalating it further.
Encourage morning meetings at workplace or call each and team member so
that all the team members can discuss the agenda of the day.
Sale competition, Awards & Recognition
Take team members or individual for lunch of tea party to understand their
problems
Flash daily achievement of TGT vs ACH to keep competition among the team
member so that they perform much harder to be at no 1 in team.
Barriers to Effective Team Building
When individuals give priority to their personal interests than work, the work
suffers..
Individuals not being clear or focused about the his target and his roles
and responsibilities in the work also create problems
Lack of discussions is again a barrier to effective team building.
Poor communication is also one of the barriers to effective team building.
Lack of discipline and punctuality also create problems.
Internal discussion or talking rumors in between members also creates
problems.
ROI Calculations
Calculation:
Calculation has been done for the month of Dec’18 on monthly basis
ROI Calculations
Expenses In Rupees
Delivery Charges 30000
Electricity 1000
Telephone Expenses 750
Godown Rent 5000
Office expence 1500
Salary of Godown keeper 3500
Salary of godown helper (2) 8000
Salary of Computer operator 7000
Stationary 500
Total Expenses 57250
Investment:
Inestment In Rupees
Total 1580000
Return on Investment:
ROI = Return/Investment = 32750/1580000 = 2.07%(monthly)
=2.07*12 =24.84% (yearly)
Next Year Business Plan
Next Year Business working should be in terms of growth as per the company
requirement with study base of CY business growth & de-growth segment wise, also
the study of market growth execution vs the company growth.
Analyses of CY business done counter wise also growth & de-growth in every
segment.
Counter wise & segment wise reason for growth & de-growth
List of working, non working & market universe.
Setting business plan yearly, half yearly & quaterly basis as per the market trending
growth or as per the company forecasting
Targets set for distributor or counter should be executed under - Planning, Execution
& Review cycle
This cycle should be review every month. If review comes in neagtive then the cycle
repeats from execution to review again till the positive result out put
Next Year Business Plan
Points to be cover in Next Year Business Plan are below
Activation planning of new outlet per month from non working counter for more
business
ISD sale review and calculation of their productivity as per the norms
On basis of the working counter productivity and ISD productivity, planning of new ISD
headcount as per the norms.
Planning of sale with growth in both qty and value segment.
Marketing activities plan to increase customer footfall
Market storming
Finance facilities for up scaling sale
Innovative incentive schemes for partner & promoters.
Promoter competition with awards & recognition.
Thank you