| Material Exploration (Art & Craft) | 11:00 am |
FASHION RETAILING AND BRANDING (THEORY)
Paper Code:
MFT- 323
Credits:
04
Contact Hours:
60.00
Max. Marks:
100.00
Objective:
To familiarize students with retailing concepts
To acquaint students with retail world.
12.00
Introduction :
- Meaning and Definition, Social and economic Significance of retailing, Opportunities in retailing, characteristics of retailing
- Historical perspective of Retail in India and current Scenario.
- Types of retailers, retail change drivers in India, evolution of retail formats
- Service Retailing
- Ethics and social responsibility
12.00
Retail Strategy:
- Meaning and Definition, building sustainable competitive advantage, growth strategies, global growth strategies, retail planning process.
- Retail Value Chain.
Merchandise Management
- Merchandise category
- Evaluating performance- GMROI
- Managing Inventory Turnover
- Merchandise management process
12.00
Retail Site Location
- Evaluating a site for locating a retail store
- Site characteristics.
Financial Aspects of Retail-
- Retail Economics, measures of performance income statement and balance sheet, measure of performance evaluation- Ratio analysis.
- Measuring retail store and space performance, measuring employee productivity.
12.00
Nature of Brand:
- Introduction of brands, Evolution and history of brands,
- Brand Development, Role of branding in business.
- Brand and Consumer psychology, Brand Loyalty, Brand Values.
Types of Brands:
- Manufacturers Brand, Private Labels, Licensed Brands, In-Store Brands, Generic Brands.
- Categories: Mass Market, Premium, Luxury Brands.
- Brand Extension
12.00
Branding:
- Brand Image, Brand Identity, Brand Personality, Brand Positioning, Brand Culture & Rituals, Brand Equity.
- Competitive Branding Strategies.
Essential Readings:
- Levy.M., Weitz.B.A., Pandit.A.; Retailing Management, Tata McGraw Hill, 6th Edition, 2008.
- Gibson G. Vedmani: Retail Management – Functional Principles & Practices; Jaico publishing house.
- Chetan Bajaj, Rajnish Tuli, Nidhi V. Srivastava; Retail Management, Oxford University Press.
- Shanthi N M, “ Brand Management- The Emerging Paradigm”, The ICFAI University Press, New Delhi. 3rd edition, 2006
- Chunawalla S. A., “Brand Management” ,Himalaya Publishing House,2010
References:
- Swapna Pradhan : Retail Management, Tata McGraw Hill
- Barry Berman, Joel R Evans: Retail Management – A strategic approach; Pearson Education.
- Sharma Jaya, “Brand Management” .Essential Books,New Delhi. 2009
Academic Year:
