While from a long term perspective, the benefits are immense, in the short term, in the absence of any meaningful announcements in the upcoming budget 2017, we are likely to see a demand contraction on the consumer side.
Loyalty programs bring retention and long-term focus on customer trends, usage, and social media behaviour to the retail sector. Keeping this in view, 2017 predicts a stronger, more efficient, agile strategy for loyalty programs.
Running a chain of business is always a challenge, and it often involves putting your own finances at risk. So whether you are a retailer of furniture, medicine, clothes, food, automotive supplies etc, you need to feel confident that your are protected.
The evening of November 08, 2016 shall remain in the memories of Indians at least for the next two decades. But, what was the effect of demonetisation for the retail malls? Lets look at it in a phased manner.
The invention of smartphones has already replaced desktops to a greater extent. Few years ago, sending sms and emails through mobile devices was a tedious task, but today mobile phone in hand is the most convenient way toperform activities. .
The CEO of Lulu Mall, Kochi, Shibu Philips said that the group is initiating an assertive push into other cities in Kerala and expanding its footprint into various other Indian cities, and its imperative to have world class branding and communication d
In terms of services, it includes, tie-up with various banks to provide sufficient number of swipe machines (POS) to exhibitors to facilitate the payment transactions by visitors through debit/credit cards.