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The Retailers Association of India (RAI), at the time, had said that the reduction of corporate taxes for MSMEs to 25% was a very welcome move and would benefit a large number of retailers.
Flipkart is using machine learning (ML) to arrive at a structured address classification system for order deliveries addressing the challenge posed by Indias unstructured postal address systems.
There is no one particular product preference but a combination of products both as regular consumption and a gift factor that add to the complexity.
Omnichannel retailers have been trying to bridge this knowledge gap by integrating point of sales and customer relationship management data.
An excess inventory platform will buy all your excess or unsold products with market accepted offers, will ensure capital is unblocked.
value retail stores meet their profits by virtue of large scale reach and unique target audience segmentation.
In India, 68% of online shoppers are purchasing from a marketplace, as opposed to a shopping with an online brand.
In the fast-growing and manufacturing world words like market segmentation manual surveys and written feedback may not be considered of great use.
The market for savoury snacks in India holds tremendous growth potential, though there always remain few challenges that still need to be addressed on the way forward.
The trouble is, many retailers don't leverage these assets to maximize full potential, making it increasingly difficult to differentiate and compete.
The organized gifting market in India is worth a whopping Rs 25,000 croreand the year-on-year growth for the market is estimated at 40-45 per cent
Online players such as Amazon, Alibaba.com, Lenskart, and Nykaa have started investing in brick-and-mortar stores; offline stores like Max Fashion have made their online presence by launching their websites and apps.