07/09/2023
๐๐ Excited to kick off Day 1 of our Certification Program on Buying and Merchandising at Reliance! ๐๐
Today, we delve into the dynamic world of retail, exploring its evolution in the Indian market and the various formats that have shaped our shopping experiences. With an incredible group of 30 eager learners, we're all set to unlock the secrets of success in this industry!
๐ Session 1: Introduction to Retail and its Formats ๐
๐ฎ๐ณ From the Evolution of Retail in India to Store-based and Non-Store-based Retail Formats, we're dissecting the unique tapestry of our retail landscape. Plus, we're diving into the fascinating realm of Omnichannel Retail, where digital meets the physical, revolutionizing the way we shop.
๐ Session 2: Retail - Shopper Profiles ๐
Ever wondered why we shop the way we do? Today, we explore the diverse Types of Shoppers, understand how they shop, and uncover the driving forces behind their choices. ๐๏ธ๐ค
๐ Session 3: Retail KPIs (Key Performance Indicators) ๐
Numbers are the lifeblood of retail, and today, we're breaking them down. From Markup Margin to GMROI (Gross Margin Return on Investment), we'll learn how to measure and optimize the performance of our retail operations. ๐๐ฐ
Stay tuned for more insights and updates from our program! Together, we'll build a strong foundation in Buying and Merchandising, empowering you to excel in the ever-evolving retail landscape. ๐ช๐ข