modern trade vision 2020 for india
TRANSCRIPT
Presented by:Rushali Nagvekar
Pratik MeshramAliasgar Mandsaurwala
MODERN TRADE
CHANNEL- VISION 2020
Question Modern Trade
Current Scenario
Future Trends
Challenges Enablers
Future Ready
Certainty of
GrowthConclusio
n
WILL MODERN TRADE BE ABLE TO BEAR THE HEAT OF
E-COMMERCE?
Current scenario
• 2015 - 70 USD Billion • 2010 - 20 USD Billion • 2005 - 10 USD Billion
Present Disruptors• The price war• Exclusivity in products• Greater convenience for shoppers• Mobile and related technologies• Evolving nature of the physical store
Future Trends
CHALLENGES TO MODERN TRADEEXTERNAL
• High real estate cost
• High personnel cost
• Lack of basic infrastructure
• Shrinkage
• Highly competitive retailers
INTERNAL
• Frequent stock-outs
• Long check out lines
• Cumbersome returns
• Footfalls but not commensurate revenue
ENABLERS
• Multi-channel Offering
• Digital Innovations
• Enhanced Customer Experience
• In-Store Personalization
• Creation of Private Labels
Future is Already Here
Digital Signage
Augmented Reality
Beacon Technology
In-Store Analytics
Socially Coordinated and Geo-localization Applications
Personalization
CERTAINTY OF GROWTH
• Rapid growth in Modern Trade driven by 4 factors: Income growth (3 times
increase) Urbanization Nuclearization Attitudinal shifts
• 3 key trends to drive this growth in Modern Trade: Rapid consumer evolution
o Greater brand recognitiono Trading up o Need for modern shopping environment
Supply side evolutiono New entrantso New formatso Differentiated strategies
Positive regulatory environmento Reduction of multiplicity of taxes (GST)o Promise of increasing ease of doing
business
Lifestyle changes
EXPERT OPINION
“HUL expects Modern Trade to grow faster than E-Commerce”- HUL Employee’s Perspective
THANK YOU