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Organized Retail Industry In India – Swot Analysis

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OVERVIEW

Retail Industry in India, contributing over 10 per cent to the country’s GDP and accounting for around 8 per cent of the employment, is the largest among all the industries. Over the years, it has come forth as one of the most dynamic and fast paced industries. http://www.bharatbook.com/market-research-reports/retail-market-research-report/organized-retail-industry-in-india-swot-analysis.html

More than 95 per cent of the Indian retail sector falls in the unorganized sector category. Organized retail is expected to grow from 5-6 per cent to 14-18 per cent of the total retail market by 2015.

Organized retail sector’s penetration level is 85 per cent in US, 80 per cent in France, 66 per cent in Japan, 20 per cent in China and, merely 5-6 per cent in India. This confirms that India is at an early stage of evolution in the organized retail space and has a huge growth potential.

SCOPE OF THE REPORT

Industry at a glance Contains a study of the major internal and external factors affecting the industry in the form of a SWOT framework

REASONS TO BUY

Gain insight into the industry in terms of the opportunities and threats that will augment and restrict its growth Get knowledge about the forte of the industry which will help it to ride in the lead OVERVIEW SWOT ANALYSIS 1.1Strength 1.1.1Increasing middle class 1.1.2 Technology 1.1.3 Low cost of operations 1.2 Weakness 1.2.1 Low conversion level 1.2.2 Shortage of skilled manpower 1.2.3 Lack of Industry Status 1.2.4 Supply chain 1.2.5 Policy induced barriers 1.3 Opportunities 1.3.1 Rural Retail 1.3.2 Tier II and Tier III cities 1.3.3 Specialty Retail 1.3.4 Disposable Income 1.4 Threats 1.4.1 Unorganized Retail 1.4.2 Complex taxation system 1.4.3 Macro economic factors 1.4.5 Real Estate Issues 1.4.6 Competition

LIST OF FIGURES

Figure 1 Middle class households (mn, 2012- 2026E) Figure 2 Labor cost per person ($ p.a, Asian countries) Figure 3 City wise retail penetration (%, 2006-2011) Figure 4 Per capita income (INR, 2006-2015E) Figure 5 Lease rentals (% of sales, 2005-2010) For more information kindly visit : Organized Retail Industry In India – Swot Analysis

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Lap Tapping Is An Unusual Style Of Acoustic Guitar Playing

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Lap tapping is a unique guitar technique whereby the acoustic guitarist holds the instrument flat on his lap while tapping the guitar body and strings percussively while playing the melody.

A small number of technically gifted acoustic guitarists have helped develop this form of guitar playing over the years. Talented guitarists such as Ben Konstantinovic, Tony Haven and Ben Howard have very individual styles and can be seen in action on You Tube. Perhaps the best known of all is Canadian guitarist Erik Mongrain whose songs like Airtap! has enjoyed widespread coverage and racked up millions of views on You Tube. Erik Mongrain uses a unique two handed flat guitar technique which simultaneously combines percussive tapping of the guitar body and chords.

Another up and coming lap tapping guitarist is singer, songwriter Liam Iliffe from Bournemouth, UK. Liam is only 15 years old but has been playing guitar for over 8 years. Although his two handed technique is similar to Erik Mongrain, a key difference is that he tends to favour simpler melodies in his own songs given he also sings at the same time. Liam uses lap tapping primarily as a way to inject more raw emotion and drama into his acoustic compositions.

In 2012, Liam entered Live and Unsigned the UKs biggest talent competition for unsigned artists. After sailing through the auditions, Liam impressed at the Regional finals in Portsmouth and was voted through to the Southern England area finals in May 2012. He was also selected by the Live and Unsigned judges to showcase his lap tapping guitar playing at the Southampton Music festival that will be held in October 2012.

The Live and Unsigned competition also coincides with the launch of Liams debut Album Slap tapping, now available on iTunes, Amazon, Spotify and other major online distributors. Alongside his original songs like Our Bridge and Intervention, the album also features his unusual cover versions of Sweet Dreams by the Eurythmics and the dubstep classic Scary Monsters and Nice Sprites by Skrillex.

Tapping usually incorporates pull-offs or hammer-ons as well, where the fingers of the right hand and, in the motion of removing that finger, pluck the same string already fretted at the eighth fret by the little finger of his/her left hand. It is an extended technique, executed by using one hand to ‘tap’ the strings against the fingerboard, thus producing legato notes. Tapping may be performed either one-handed or two-handed.

Five Challenges Of Being An Inside Sales Manager

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Being an inside sales manager comes with many challenges and effectively dealing with those can be the difference that leads to success.

1. Interviewing

Just like any position that a manager looks to fill, selecting the right resources for inside sales positions can be challenging. This is because cold calling and selling over the phone takes a particular type of person and you never really know how a sales resource is going to work out in terms of results and length of employment.

By improving the interview process, a manager can create a tremendous improvement on the overall sales operation and results. Using tools and processes to effectively screen applicants to identify the best matched applicants will help with the interviewing challenge.

2. Training

Once the inside sales resource has been hired, they will need to be trained. Telesales can be a challenging job for a sales person for many different reasons that just simply come with the job. As a result, there is likely a need to give sales training, product training, and company system training to every new inside sales person.

With a level of turnover being present with every sales position, an inside sales manager does not want to spend too much time and money training a new inside sales rep as you do not know how long they will be around. To improve the area of training, a manager can try to automate as much as possible through e-learning. From there, there can be a division between upfront training then additional training that can be delivered later as the rep gets going.

3. Productivity

Inside sales resources are fairly expensive when you add up compensation, overhead, and the opportunity cost for their position. As a result, it is key to get as much productivity out of each resource as possible.

An inside sales manager can use quantitative metrics like dials, calls answered, talk time, number of hits, etc. to manage and increase inside sales productivity.

4. Effectiveness

It is important to make sure that inside sale reps are on the phone and making dials, but that is only half of the equation. The other half, and actually the more important half, is the level of effectiveness that they are having while talking to prospects. They can make 100 dials per day but if their messaging is off, that effort (and that expense from the company) could all be for nothing.

Using tools like role-playing, call monitoring, and sales coaching can help an inside sales manager to ensure that inside sales resources are embracing the sales training concepts and following the plan and strategy that has been developed.

5. Retention

Turnover can be high in the sales profession and it can be even higher in the area of inside sales. This is a result that selling over the phone and making cold calls can be very challenging from a mental standpoint. This can create an environment where inside sales reps find themselves frustrated and unhappy in terms of job satisfaction and motivates them to quit and try to do some other form of work.

This cost of sales staff turnover is very high so an inside sales manager can create positive results by minimizing this challenge. Managing and leading with clear goals, sufficient training, recurring coaching, and an attention on results can help in this area.

Steps To Choosing A Point Of Sale System For Your Restaurant

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If your restaurant is growing, then investing in a restaurant point of sale system should be your next move. Having this restaurant computer software will allow your restaurant to become more effective and efficient. The question is how do you choose the right restaurant point of sale system? What do you need to do to ensure your money is spent properly?

The first step to choosing a restaurant computer software is to look at its usability. Does the software have everything you need to manage the restaurant? If so, how easy is it for your staff to use? Usually, systems that use a touch screen monitor are the easiest to use. Try looking at different point of sale systems in order to figure out which ones will make it easy to run your restaurant.

The second step is to think about the hardware that you would need. For most businesses getting started, they will likely need receipt printers, computers, cash drawers and will want to accept credit cards. It is a good idea to go with an all inclusive system to get set up with everything you need. These restaurant point of sale systems can be cheaper than adding on extras down the line.

The third step is to think about a system that integrates multiple channels such as phone, mobile, and the Internet. This can allow for things such as employees being able to track reservations online, tracking orders from mobile devices, and more. Youll get a more accurate way to fulfill orders and track revenue.

The fourth step is to take a look at what kind of support you are getting. Is the restaurant computer software that youre going to use constantly being upgraded? Can you expect strong tech support from the company? Is it going to cost a lot of money to maintain your system? These are all things that you need to think about before making a purchase.

The fifth and final step is to compare different restaurant point of sale systems based on price. List all the features you would need and do some comparison shopping with different companies to make the best decision. You may be able to get great deals if you need multiple terminals for your restaurant.

So thats a quick 5 step guide to choosing the POS system for your restaurant. Make sure that you spend some time doing research on software and systems before you make a decision. You want to make sure that you are satisfied with how the system runs before you make an investment.

Best Boat Sales Available Options And Advices

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It may not be necessary to spend a lot on a new boat, whereas you can get the same boat at a lower price. However, the condition of the boat is also very important. >

Boat sales and the Internet go together handy. It is a comparatively speedy and tranquil development to find the dinghy that you are eyeing for. It takes all brands of vessels that comprise Ski Boats, Extravagance boats, Supremacy Boat Sales and a prodigious assortment of Fly-fishing Boats to name a few. Virtual boats for sale site that is stress-free to circumnavigate around, abundant images of the vessels and the communication forms to inquire approximately a boat are unpretentious to use and operative. In fact, all types of boats can be found including the latest technology and makes. Buyers and sellers post their advertisements in the internet and it is relatively difficult to find your preferred type of boat if not in the internet. It is equally hard to sell your boat(s) if you haven’t placed your advert in the internet as most boat sales like the boat sales Atlantaoccur through the internet. Many potential buyers and sellers log into the internet on a daily basis to conduct their business. Boat sales also can be conducted through agents who assist buyers and sellers in the different processes involved.

There are some criteria that a buyer should follow that are involved in boat sales. These include; the manufacturer, the price of the boat, the preference of the buyer and the function of the boat. The manufacturer matters in that different manufacturers have different qualities therefore the manufacturer with a reputation of manufacturing the best should be considered. Furthermore, the cost of the boat matters. Moreover, the function of the boat is very much put into consideration. For example, a person who wants to buy a boat intended for fishing cannot buy a luxury boat as this is not the function of a luxury boat. These are but a few of the considerations that a buyer should make. A person can also consider if the boat is new or used. Through used ferry sales, one can have several possibilities. Procurement of a used cruiser might be the inexpensive manner to go.

Author Resource :

Jacker Martyn writes informative and unique articles about best in boating and boat rental atlanta.