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Retailing Rules

The Indian retail scenario today, is a symbol of flamboyance, an industry that is taking things by storm.
The Indian economic structure is moving further on internationalism. And in the process, the brand phenomena growing multifariously. Consumers are going to shop voraciously when they get more international brands in a better-packaged environment. Store, shopping malls and boutiques are attracting consumers through visual merchandising. Product display from being a tool to make consumers aware of the product, has transcended into an art form. Quite naturally, considering the size, geographical, cultural and socio-economic diversity of the country, there is no model for Indian suppliers and retailers to adapt or expand in the Indian context. The first and the only challenge to the organized retail industry in India is competing with the unorganized sector. There is a very tough competition, with both sides raring to go-get-it. Well, the saving grace is that the consumer is far more enlightened. The consumer has picked up the concept of value-for-money, and is constantly looking for newness and endorses the current retail phenomenon with pride.
The prime market, for consumer product in India is aware of the cost-benefit, or value-for-money aspect. After all, it is the product that will ultimately be packaged and retailed to consumers. And a bad or average product, although packaged, well with the add-on festive frills, will not be able to sustain itself in an extremely competitive market place, where consumers dictate terms. So tell tales are going to get limited.
Simply because the consumer knows that ignorance isn’t blissful while shopping, it might lead into getting duped. What with the upcoming wedding season! As per today’s scenario, the upcoming wedding ceremony has transcended into the likes of a masterpiece ceremony.
Shamianas and shehnais are not passé, but when it comes to getting married in style, sky’s the limit. Well it’s going to be a cool season and as far as the weddings that are going to take place… it should be, well a haute affair! Ask why? Marriages may be made in heaven, but when it comes to shopping for one, the consumer has a plethora of options made right-here-right-now. Designer stuff, haute couture brands, international brands, the finest trousseau collections, customized and designer-jewellery, complete home furnishing options.
The retail industry is gearing up heavily for the upcoming wedding season. Wedding planners are charting out their list of do’s. Showrooms are decking up with the finest of fine wares that add extra special touch to the wedding this season. People are spending heavily on classy selections of sherwanis, lehangas and a host of trousseau collections. Sales are concerned are on a rocketing rise. As per the consumer, price tag isn’t all-important when it’s a once in a lifetime occasion. It’s the glamour, and experience that is important. Prices of gold might have risen, but consumers are still buying.
Designer trousseau is finding its righteous buyers. The advent of a new generation of buyers for whom sky is the limit. Wedding season people are shopping extensively for contemporary and trendy designer jewellery. The industry is beaming with newer options by the day. What with the lavish one-stop exhibition arenas lining up with exhaustive wedding wares.
 
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