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Abstract

Retail Market in India

K. Maheshwar Reddy

Dr. C.S. Shrimali

Principal, SESUMO Girls College, Sri Dungargarh (Rajasthan)

13-23 Vol: 1, Issue: 4, 2011
Receiving Date: 2011-08-13
Acceptance Date: 2011-09-14
Publication Date: 2011-10-15
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Abstract

The objective here is to ensure a regular supply of real estate by ensuring transparency in dealings. It
canbe done by ensuring proper rent laws by linking rents to market value, making zoning laws more
flexible and ensuring that usage norms take into account both demand and supply without affecting
balance both in rural and urban areas and finally ensuring strict and fair enforcement of all the laws.
It is clear that consumers have changed and they are looking for something different. Understanding
their evolving needs, aspirations and lifestyles is the underlying key to success for any retailer. The
primary emphasis should be on access, experience and service and the secondary emphasis on
product and price. There should be an effort to improve service by having better trained sales staff,
better availability of products, and minor but important conveniences, e.g. delivery of goods either to
the car or even home, collaborative advertising and promotion can then round off this effort

Keywords: retail market; B2C; PPP

References

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  3. Dubey V K, Retail Management
  4. Veda Mani Gibson, Retail Management: Functional principles & practices.
  5. Malik Shilpa, 2003, Retail real state malls in India
  6. www.infoshop.com, January 2005, "Indian Retail Industry: Strategies, Trends and Opportunities".
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