Abstract
Retail industry in India has risen as the most encouraging with quickest developing businesses, in ongoing time. Globally it is the fifth largest destination in retail space. The consistently changing way of life of the buyers has contributed hugely to the development of this industry. It makes and produces enormous work openings, and have contributed to the GDP of the economy. In the present competitive circumstance where firms are getting by on edges and spending enormous sum on the investigation of shoppers fulfillment and devotion, this exploration paper is a little exertion to comprehend the key drivers that are in charge of retail outlets decision , and its impact on the customer satisfaction. The objective of this article is to understand and analyze the consumer behavior towards retailing in special reference with promotional strategies adopted by the select retail store .This paper aims at determining the variables which plays a significant role in the customer satisfaction ,for this study primary data is collected in the urban part of Hyderabad city ,the target group was individuals with different income, education, occupational and age groups .Data was collected through structured questionnaire.
Highlights
The origin of the "retail" word comes in the French language as "retailer" that means to cut a piece off‟ or "to break bulk"
In the present competitive circumstance where firms are getting by on edges and spending enormous sum on the investigation of shoppers fulfillment and devotion, this exploration paper is a little exertion to comprehend the key drivers that are in charge of retail outlets decision, and its impact on the customer satisfaction
The objective of this article is to understand and analyze the consumer behavior towards retailing in special reference with promotional strategies adopted by the select retail store .This paper aims at determining the variables which plays a significant role in the customer satisfaction,for this study primary data is collected in the urban part of Hyderabad city,the target group was individuals with different income,education,occupational and age groups .Data was collected through structured questionnaire
Summary
The origin of the "retail" word comes in the French language as "retailer" that means to cut a piece off‟ or "to break bulk". In other words, it shows a first hand-transaction with the customer, Retail sector is the fastest growing sector providing employment to 40 million Indians and contributing enormously (14-15%)in the growth of the economy ,It's forecasted by experts that Industrial approximation of this sector (of retail) of India is predicted to touch US$3,600 billion by 2020 from US$ 1,824 billion in 2017,with the structured sector projected to report for 22 per cent, positive from the currently hovering figure of four per cent. The format of Modern-Retail is seen in diverse models, unique to any other country with variety of proportions big and small
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