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NAMAN MANCHANDA (18021021177)

AVNEET DUA (18021021061)

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Topic- How customers are pitched by salesman selling clothing brands in organized and unorganized market

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Organized Retail

  • Organized Retail refers to the standardization of the retail industry that is managed by a central entity.
  • It includes trading activities undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc.
  • It is one of the fastest growing and promising sectors in India and in recent years, it has become more organized with the entry of big players and foreign retailers.

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Unorganized Retail

  • Unorganized retailing is the conventional format of low cost retailing.
  • Small-store retailing has been one of the easiest ways to generate self-employment, as it requires limited investment in land, capital and labour.
  • It includes the local kirana shop and restaurant, general and provision stores, single owner manned medical store, the local dhobi and even the hand cart and pavement vendors.

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DIFFERENCE BETWEEN ORGANIZED RETAIL AND UNORGANIZED RETAIL

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ORGANIZED RETAIL

UNORGANIZED RETAIL

  • It refers to trading activities undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc.

  • It refers to the traditional formals of low-cost retailing.
  • The ownership and management rest with more than one person.
  • The ownership and management rest with one person only in most cases.
  • The organized stores are not having number of options to cut their cost.
  • The unorganized stores are having number of options to cut their costs.
  • The operations performed are highly organized and professionally managed.
  • The operations performed are not so organized and managed by ordinary.
  • Examples- Hypermarkets, privately owned structured business.
  • Examples- Kirana stores, hand cart/ pavement vendors.

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Levi Strauss & Co.

“Go Forth; Levis. Original jeans. Original people; A style for every story; Quality never goes out of style”

  • Levi Strauss & Co. is a privately held American clothing company known worldwide for its Levi's brand of denim jeans.
  • Currently, the denim brand has 22 franchise partners in India, which operate a larger number of stores.

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At Levi’s

  • Products available are men, women and kids jeans, knit tops, outerwear and accessories which are authentic and original in terms of quality, color and designs.
  • The items are well displayed and attracts the customer.
  • The customer looks through the product and the sales employee simply assists if any query arises.
  • They target people who want a blend of style and comfort.

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SELLING STRATEGIES:

  • All of the sales person are fully aware about the products of the sections and there are to help the customers even if they are not in their section.
  • They have high levels of convincing powers and can motivate the customers to buy the product.
  • They are very polite and have good communication skills.

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Janpath Market

Janpath Market is one of the main roads in New Delhi. It starts out as Radial Road 1 in Connaught Place. The long line of boutiques is a heaven for budget travellers and shoppers, buyers of handicrafts and garments.

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At Janpath

  • People mostly sell all kinds of cotton clothes. There's lots of silver and artificial jewellery studded with semi-precious stones available here.
  • There is no focus to maintain any customer relation.
  • They don’t look for the style of the customer to what the might like.
  • The customer and the seller bargains to reach a price point both end up being satisfied.
  • They don’t ask a lot of questions regarding customer’s taste and preference.

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SELLING STRATEGIES:

  • They have a strategy in which they try to attract the customer and try to portray their product better than their competition.
  • The salesman have high negotiation skills therefore giving them upper hand over the customer in a competitive market.
  • The customers are highly knowledgeable about the product so the salesman have to convince them to buy the same.

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