This course will enable the students to expose the different ways of approaching the retail marketplace, to learn a set of retail marketing principles and to feel more confident about practical uses of retail marketing.
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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25MBM326 |
Retail Marketing (Theory) |
CO433: Examine retail marketing fundamentals and challenges in India. CO434: Examine retail success through strategic planning to build sustainable competitive advantages in a dynamic market landscape. CO435: Assess marketing strategies tailored for retailing, and customer relationship management (CRM) techniques for sustainable retail success. CO436: Create store location strategies and merchandise management essentials. CO437: Appraise excellence in managing a retail business by optimizing various operational dimensions, within the retail organization. CO438: Contribute effectively in course-specific interaction. |
Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Retail Marketing in India- Basic Concepts, Opportunities and Challenges, Retail Organisation and Retail Formats, Trends in Retailing in India. Factors behind the change of Indian retailing industry, Functions of retailer, social and economic significance of retailing
Concept, Situation Analysis, Objectives, Control, Feedback. Building a sustainable competitive strategy- Customer Loyalty, Location, HRM, Distribution and Information Systems, Customer Service.
Identification of Consumer Characteristics, Shopping Behavior, Strategic Retail Planning Process.
Retail Marketing Mix, Retail Pricing, Retail Promotional Mix, STP Approach, Retail Communication Mix, Concept of Integrated Marketing Communication, Retail Branding strategies and CRM in Retail
Retail Store Location Strategies, Retail Store Design and Retail Merchandising: Concept, Evolution, Merchandise Sourcing, Factors affecting the merchandising functions.
Merchandiser: Role and responsibilities.
Operational Dimensions of Retailing, Management of Service and Quality in Retailing, Human Resource Management in Retail Organisation.
*Case studies related to entire topics are to be taught.
Suggested readings
E resources
Journals