Published 5 times a yr (January/February, March, May, August & November) Accessories Magazine’s print concern is the one publication devoted completely to what you are promoting: Accessories! With market disruption comes alternatives; clearly, the retailers who will be nimble, adapt and innovate in the face of these changes might be in a greater place for fulfillment than those who cannot. They count on to be able to view on-line information, entry coupons, learn about promotions and evaluate inventory at any time on any machine. In electronics, the variety of conventional retailers or wholesalers selling online is even increased at 60%.
With elevated Internet penetration and adoption of smartphones, Indians are shopping online more than ever,” said Nagori. However, the contribution of pure-play on-line retailers to revenues is way less than the traditional retailers as they are smaller in dimension, mentioned the Myntra spokesperson.
Not surprisingly, e-commerce penetration was lowest among retailers of fast-transferring consumer goods at simply 1.9 % of gross sales. In the mixture, the 132 FMCG retailers accounted for over half of Top 250 corporations and more than two-thirds of Top 250 retail revenue. As many globally minded retailers have already learned on the bottom, competing in opposition to effectively-entrenched home players is tough. In case of apparel and accessories, although, the picture seems to be somewhat totally different with traditional retailers forming only a fifth of the seller base.
They count on messaging and product and pricing information to be constant throughout all channels: advertising and social media; in-retailer and online; pushed or pulled; the gross sales individuals on the ground as well as the customer service consultant on the cellphone.
Most of the companies with out e-commerce had been supermarket operators and exhausting discount retailers. In particular, Chinese retailers (together with Hong Kong-based mostly companies) and Russian retailers are effectively represented among the 50 quickest- growing retailers over the 2008 by means of 2013 interval, with nine and six firms, respectively. On the bottom line, French retailers have been probably the most worthwhile, posting a composite web profit margin of three.6 %.