The obsession of adhering to carefully chosen high-quality ingredients and traditional, old-world production techniques is what distinguishes Belgian chocolates and chocolatiers from their counterparts across the world. The superior quality of Belgian chocolate is based on two elements: a careful selection of cocoa beans that are very finely ground, and a slow and long mixing process. This is what I observed on my 10-day chocolate tour to Brussels and Bruges in Belgium.
Types of chocolate producers: Home-made, Premium and Industrial. Homemade chocolate producers operate a single or very (more…)
The total grocery business in India is US$150-200 bn and is growing 15% p.a. The top 10 cities account for about 30-40% of it. The largest offline grocers are Reliance Fresh, Future Group, and Aditya Birla. BigBasket is currently available in four cities – Bangalore, Hyderabad, Mumbai, and Pune – with 300,000 unique customers (50% of them in Bangalore). BigBasket.Com has recorded a 9% compound monthly growth rate since inception and has cumulatively serviced more than 2 mn orders.
The key advantages of online groceries (more…)
We have seen what is the emerging concept of Omni Channel Retailing and its Advantages. Today we’ll dive into depth on how you can enable your business as an Omni Channel Retailer.
To go omni, brands and retailers have to make changes in the backend, technology, and above all, their strategic mind-set. Brick-and-mortar players have (more…)
With the rise of Flipkart, Jabong and other Online Retailers in India, established retailers such as Shoppers Stop, Pantaloon have been forced to adopt Online & Offline strategy. Omni Channel was a response to the threat posed by low-cost online retailers. Omni channel is a multi-channel touch point. It combines brick and mortar with virtual channels – be it the website or mobile. Both formats, i.e., brick and mortar and virtual, are seamlessly synchronised in omni-channel retailing. If the customer doesn’t get a particular product in the store, he or she can browse for it on a kiosk or on the website / app and complete the (more…)
Jubilant Foodworks the master franchisee of Domino’s Pizza in India reported positive SSG performance was in sharp contrast to 10% decline reported by Yum! Brands India (Pizza Hut and KFC); we highlight Yum! SSG decline was stronger this quarter versus 2-4% decline witnessed in the past four quarters. The management attributed the SSG recovery to a lower base and indicated no major pick-up in consumer spends. Price hike of 3% taken in November also aided SSG a tad, in our view.
Management highlighted that over the past 12-18 months, net consumer-level prices have gone up by (more…)
“These portals are not retailers but technology companies and are built on sound technology platforms. Being pure technology companies, their platforms are well integrated with their back-end” says a senior executive of one of India’s largest retail chains.
Commissions are usually a function of Gross Merchandise Value (GMV) — the value of goods listed (note inventory is not carried by the companies) and (more…)
As you can see in the Quarterly performance chart above, Titan has (more…)
Tiendeo the leading website and app for online catalogues and offers of Retailers in India, decided to help shoppers make the most of these offers and so launched a special webpage dedicated to grouping together the best Republic Day deals and promotions.
Tiendeo is a website and free mobile (more…)