sales

India to have over 120 million consumers shopping online by 2018

The growth in the online consumption is attributed to improvement in logistics.This is drastic rise from 108 million consumers who shopped online in the year 2017.

BY Indian Retailer Bureau | Jun 25, 2018 | comments ( 0 ) |

How AI is helping augment sales in retail

"Technology has changed the way people buy products online and thanks to AI, the number of queries we receive have increased to 30-40 per day from just 10 in a week," says Krishna, founder of Keva Ayurveda.

BY Shwetha Satyanarayan | Jun 25, 2018 | comments ( 0 ) |

How AI is helping augment sales in retail

The technology has optimized inventory management, distribution routes and allocations, as well as replenishment systems

BY Shwetha Satyanarayan | Jun 22, 2018 | comments ( 0 ) |

Can you breathe in "The Khadi War?"

Other traders too, seeing the sudden surge of demand for khadi apparels, have started selling apparels in the guise of khadi. Clearly, reason being, khadi sales rose 25% to Rs 2,509 crore in FY18 from the previous year.

BY Sharmila Das | Jun 22, 2018 | comments ( 0 ) |

How Flying Machine created single enterprise view of inventory across multiple sales channels?

Flying Machine attains 23 times rise in GMV by deploying Rubicon technology.

BY Shipra Srivastava | Jun 22, 2018 | comments ( 0 ) |

Refurbished product platform Togofogo to launch 100 stores by 2020

With the demand for refurbished or second-hand smartphones predicted to grow by up to 27% in the coming two years, Togofogo wants to significantly capture the offline market through an organized channel.

BY Sharmila Das | Jun 22, 2018 | comments ( 0 ) |

How adidas, Max Fashion, others are improving in-store conversions?

Endless aisle is an innovative technology which is helping the retailers in improving store conversion which results in improved revenue.

BY Shipra Srivastava | Jun 21, 2018 | comments ( 0 ) |

Myntra eyes 100 stores in 2 years, 50 Roadster stores alone

While Myntra has seen big success online, Narayanan maintained that there has been overwhelming response to its offline stores and it had witnessed increase in sales from the localities around the Roadster store.

BY Shwetha Satyanarayan | Jun 20, 2018 | comments ( 0 ) |

How GST Suvidha franchises relieving burden of small traders?

GST SuvidhaKendras help SMEs file their returns and make tax payments without having to invest in the necessary IT infrastructure.

BY Guest author | Jun 19, 2018 | comments ( 0 ) |

How online retailers are nudging users towards impulse purchases?

When users are ready to act on their impulse, merchants have to make sure that their platforms can provide instant gratification,without any friction.

BY Guest author | Jun 19, 2018 | comments ( 0 ) |

Myntra, Amazon announce discount war with 50-80% off

Myntra, taking cue from its earlier sale events, this time too expects tier II and III cities and towns will continue to be an important area of focus with over 60% sales coming from these regions.

BY Sharmila Das | Jun 19, 2018 | comments ( 0 ) |

Can AI and Big Data Analytics remodel Retail

With the digital transformation picking up pace, the most critical entity for any retail business, i.e. consumers, have also undergone a makeover and emerged as a digitally-empowered creed.

BY Guest author | Jun 13, 2018 | comments ( 0 ) |

How to increase the efficiency of a retail store?

Physical stores are here forever. However, with changing times digital enablement is very important to increase the efficiency of the store

BY Shipra Srivastava | Jun 12, 2018 | comments ( 0 ) |

Refurbished propagates phone market in India

Particularly in India, since past few years, the refurbished phone market has been flourishing due to the factors like affordability and shorter upgrade cycle of such phones.

BY Guest author | Jun 11, 2018 | comments ( 0 ) |

How digital transformation helps the Modern Retail Business?

Digital transformation is not simply about technology. It requires business leaders to re-envision existing business models and embrace a different way of bringing together people.

BY Guest author | Jun 08, 2018 | comments ( 0 ) |