CLASS MBA II SEM III BRANCH MBA NAME OF THE TEACHER Mrs. Seema S Desai COURSE TITLE:
COURSE DESCRIPTION:
Retail Marketing The main objective of this course is to introduce students to the basic concepts of a Retail Marketing. This course targets the needs of rapidly growing Retail sector, providing an industry relevant and exciting education in the latest techniques and strategies being employed and developed. Retailers today must make complex decisions about selecting the appropriate target market and locations, determining what merchandise and service to offer, training and motivating retail employees, and deciding how to price products and present merchandise. The objective of this course is to enrich learners understanding of retailing. To survive and prosper in the retail jungle, retailers must build a path based on well-developed strategic plans and use state-of-art information and distribution systems to implement them. Thus, learners are exposed to well-established retail strategic framework and relevant research encompassing various areas of retailing. An applied perspective is adopted whereby learners are encouraged to apply concepts and perspectives learned in the course
COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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COURSE OBJECTIVES:
COURSE LEARNING OUTCOMES:
To introduce the fundamental concepts of Retail Marketing To Gain knowledge and experience with regard to Retail Marketing
To Identify and understand Retail Marketing Concepts and their evolution.
To Follow Retail Marketing trends
To equip the students with retailing strategies and they should perform retail operations.
COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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COURSE LEARNING OUTCOMES:
At the end of the course, students should be able to anticipate and manage retail problems via: 1. Acquiring and applying relevant knowledge and skills to manage retail management issues and formulate creative yet feasible solutions for customer care, store care, merchandise care and formulate creative yet feasible solutions for customer care, store care, merchandise care and retail strategies. 2. Conducting Market research, Problem-solving and reasoning 3. Discuss and analyze the latest strategies required for the development of retail marketing. 4. Identify and evaluate challenges and opportunities concerning the applications of the latest retail strategies. 5. Conducting self-directed learning 6. Collaborating with team members 7. Probing, note-taking and communicating effectively
Unit I: Introduction to Retailing 6 After completion of this unit student will be able to: 1. Discuss the Introduction and basic concept of Retailing 2. Analyze Importance of Retailing in the Economy. 3. Discuss the basics of Place of Retailing in a Distribution Channel 4. Visualize the Function of Retailers.
Unit II : Retailers & Retail Formats: 6 After completion of this unit student will be able to: 1. Classify & Discuss about the Types of Retailers 2. Analyze different Retailing Concepts -Retail Mix 3. Discuss about Theories of Retail Change
COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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Unit III : Retail Strategy 6 After completion of this unit student will be able to: 1. Explain Objective and Mission Statement 2. Discuss about the Store Image & Target Customers 3. Differentiate between Sustainable &Competitive Advantage 4. Understand Market Segmentation, Growth Strategies, Establishing Retail Mix, & Retail Mix Scales
Unit IV: Store Location: 6
After completion of this unit student will be able to: 1. Discuss about Classification of Consumer goods, Types of Retail Locations, Factors for choosing a location, Issues to be thought of while choosing a Retail site. 2. Differentiate between Store Layout & Design Stores Image 3. Analyze Store Layout Key considerations, factors of Design Decisions, Store Layout, Steps for designing Layout
Unit V : Store Management: 6
After completion of this unit student will be able to: 1. Analyze Responsibility of a Store Manager, Major Functions of a Store, Check List for a Store manager 2. Discuss about House Keeping, Merchandise Handling & Controlling, Stock Shrinkage. COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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3. Discuss about Safety in Stores, Managing People.
Unit VI : Service Retailing: 6
After completion of this unit student will be able to: 1. Analyze Importance of Service Retailing, Indicators of Quality Service, Characteristics of Services 2. Discuss Merchandise Service Spectrum 3. Discuss Service Retailing Strategy
DETAILED LECTURE PLAN:
COURSE PLAN 2012-2013
CLASS MBA II Sem IV BRANCH : Management Studies COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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Lect No. BRIEF CONTENT TEACHIN G STRATEG IES* SCHEDUL ED DATE CONDUC TED DATE Month :- January 2013. 1 RETAIL MARKETING Objective : This paper will help students to understand the Retail issues in marketing as the leading sector to make successful careers. Students will get an opportunity to find scope in different service sectors.
Lecture 13/01/ UNIT 1 : Introduction to Retailing 2 Introduction to syllabus
PPT Lecture 09/01/14 3 Introduction to Retailing PPT Lecture 10/01/14 4 Place of Retailing PPT Lecture 15/01/14 5 Place of Retailing in a Distribution Channel PPT Lecture 16/01/14 6 Importance of Retailing in the Economy, Function of Retailers
PPT Lecture 22/01/14 Unit 2: Retailers & Retail Formats:
7 Classification of Retailers PPT Lecture 23/01/14 8 Classification & Types of Retailers Activity 24/01/14 9 Retailing Concepts
13 Case- Theories of Retail Change. Discussion 06/02/14 Unit 3: Retail Strategy 14 Retail Strategy - Introduction Group Discussion 07/02/14 15 Retail Strategy Objective and Mission Statement PPT Lecture 12/02/14 16 Store Image - Store Image & Target Customers PPT Lecture 13/02/14 17 Sustainable & Competitive Advantage PPT Lecture /02/14 18 Market Segmentation, Growth Strategies PPT Lecture 20/02/14 19 Establishing Retail Mix, Retail Mix Scales PPT Lecture 21/02/14 Unit 4: Store Location
20 Classification of Consumer goods PPT Lecture 26/02/14 21 Types of Retail Locations, Factors for choosing a location Field Work 27/02/14 22 Issues to be thought of while choosing a Retail site. Store Layout & Design Stores Image Discussion 28/02/14 Lecture Planned: 11 Lectures Conducted: Lectures Adjusted: Monitors Sign: Month :- March 13 23 Store Layout Key considerations factors of Design Decisions PPT Lecture 05/03/14 24 Store Layout, Steps for designing Layout PPT Lecture 06/03/14 Unit 5 : Store Management 25 Responsibility of a Store Manager, Major Functions of a Store PPT Lecture 07/03/14 26 Check List for a Store manager, House Keeping, PPT Lecture 28/03/14 Month :- April 13 27 Merchandise Handling & Controlling PPT Lecture 02/04/14 COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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DETAILED LECTURE PLAN
Assignment Schedule:
S.No Nature Of Assignment Issue Date Submission /presentation date 1. Case Study *Cases ( 1 to 7) selected from the Book Retail Management by Harjit Singh - Chand Publication 23/01/14 20/03/14 2. Mini Projects - A Study of Marketing Strategies of Large Retail Houses -A Study of Marketing Strategies of Small Retailers (Kirana Shops) 24/01/14 21/03/14
28 Stock Shrinkage, Safety in Stores, Managing People. PPT Lecture 03/04/14 Unit 6 : Service Retailing 29 Importance of Service Retailing, PPT Lecture 04/04/14 30 Indicators of Quality Service, Characteristics of Services Merchandise PPT Lecture 09/04/14 31 Service Spectrum, Service Retailing Strategy PPT Lecture 10/04/14 32 Assignment Black Board, PPT
33 Revision Black Board 34 Question paper discussion Black Board
Lecture Planned: 05 Lectures Conducted: Lectures Adjusted: Monitors Sign: COURSE PLAN FOR RETAIL MARKETING MB216
For semester III 2013-14
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REFERENCE BOOKS -
1. A Sivakumar, Retail Marketing Excel Books New Delhi 2nd edition. 2. Suja Nair, Retail Management Himalaya Publishing House Mumbai 3. Arif Sheikh & Kaneez Fatima, Retail Management Himalaya Publishing House Mumbai 2 nd