Ecommerce Selection – How to get it right?

In retail, getting the selection or assortment right is a continuous pursuit in response to the changes in the market and is driven by both a quantitative and qualitative understanding of the category and, therefore, there is no clear science to it. A category should maintain a constant selection pipeline to drive customer value. Selection …

Continue reading Ecommerce Selection – How to get it right?

Advertisements

Head & Tail Categories – Selection, Turnover (GMS), Margin and Rotations

Retail management is all about the rotation of capital. To emphasize the importance of rotations, let us take an example: Let's say I have Rs.10,000 to invest in my business and I am reasonably good at making sofas. So, I invest my Rs.10,000 in raw-material and labor and make a sofa costing me Rs.10,000 (exhausted …

Continue reading Head & Tail Categories – Selection, Turnover (GMS), Margin and Rotations

Laundry Machines Needed To Start a Commercial Laundry in India

This article was contributed to Brandalyzer by Austine D'Souza. Austine is a co-founder of a Lonavala based laundry startup and has successfully run the business for 4 years. He works at IIT Bombay currently, and blogs on machine learning at http://www.zerosnones.net. As seen in the previous article, the laundry machines that are used for B2C and …

Continue reading Laundry Machines Needed To Start a Commercial Laundry in India

Know-how & Challenges in starting a laundry business in India (and how small players use Diversey to attract customers?)

This article was contributed to Brandalyzer by Austine D'Souza. Austine is a co-founder of a Lonavala based laundry startup and has successfully run the business for 4 years. He works at IIT Bombay currently, and blogs on machine learning at http://www.zerosnones.net. Convenience is the new currency of our living times and it has taken over our …

Continue reading Know-how & Challenges in starting a laundry business in India (and how small players use Diversey to attract customers?)

Laminate vs. Veneers and Plyboard vs. MDF vs. Particleboard

Not every furniture that is in brown color is made of actual wood! Don't make this mistake especially if you are in the market to buy furniture. At a broad level, wood comes in three categories - solid-wood, soft-wood, and wooden boards. Solid wood formats are teak, rosewood, mahogany, beech, oak, mango wood, etc. Soft-wood …

Continue reading Laminate vs. Veneers and Plyboard vs. MDF vs. Particleboard

The Gut-Brain Connection and its relation to anxiety, fear and happiness

Some people usually feel symptoms of discomfort in the stomach or symptoms of bowels just before a big presentation and that is no coincidence because the reason for that discomfort lies in your gut-brain biology. Studies have shown that there is a direct connection between your gut and your brain and is called the gut-brain …

Continue reading The Gut-Brain Connection and its relation to anxiety, fear and happiness