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Retail Update School of Retail & Fashion Merchandise FSRMFM/Vol. 79/APR 2017
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Retail Update - Footwear Design and Development Institute · 7 tips to nail your Skype ... Bilateral and Multilateral Trade Agreements General Agreement on Tariffs and Trade (GATT)

May 07, 2018

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Page 1: Retail Update - Footwear Design and Development Institute · 7 tips to nail your Skype ... Bilateral and Multilateral Trade Agreements General Agreement on Tariffs and Trade (GATT)

Retail Update

School of Retail & Fashion Merchandise

FSR

MFM

/Vo

l. 7

9/A

PR

20

17

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TABLE OF CONTENT

CONTENTS Page No.

Campus Khabar 3 Private labels crucial for fashion retailers success 8 Shoppers stop sees Digital influence spurring 20% of sale 9 Indians rate customer service quality as top factor when

choosing Businesses

10

Amazon seeks to beat anti-foreign cacophony by politicians and

entrepreneurs 11

Expanding retail footprints 12 Case Study : Retail Merchandising 13 Case Study : Retail Communication 14 Watch Out : And now, artificial intelligence will make your Flipkart

experience enriching 15

Watch Out : PayU India launches deferred payment facility 16 7 tips to nail your Skype interview 17 Alumni Connect 18 Impulse Quiz 78 19 Retailogy 20 Logo Quiz 21 Laugh a while 22 Visual Treat 23 Job openings 24

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Photography Workshop by IMAGINATION Club

“Photography is an art of observation . It’s about finding

something interesting in an ordinary

place and has little to do with the things

you see and everything to do with the

way you see them”; this is the viewpoint

of Imagination Photographer’s

Club.They organised a workshop with

the theme “Art Of Smartphone

Photography”.

Student of all departments participated

in workshop and learnt various skills of photography including “ how to make composition,

framing , leading line , centre of attraction and importance of megapixel , aperture ,

shutter and focal length” .

From this workshop students came to know “Every viewer is going to get different thing

depending upon his focus, your photography is a record of your living , for anyone who

really sees.”

FABULOUS FRIDAY- “AD Mad”

“CREATITIVITY + MADNESS +FUN +

LEARNING IN ONE ; WHAT COULD BE

BETTER THAN THIS.”

This Friday was a perfect blend of creativity with madness .

The students were asked to form a group of 4 members each

and the group members were shuffled creating a twist the

event. These new groups had to design an ad for different

topics given to them.

Group of Sreeraj Ravindran ,

Garima , Namami , and

Khushboo emerged as winners

after the two fun filled rounds

of the competition.

Noida

Campus

Noida

Campus

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Chhindwara

Campus

FABULOUS FRIDAY- “AD Mad”

(Govind Soni,Faculty- Retail, Chhindwara)

Retail students crazily performed this activity.They were divided into three groups and

were given a topic for creating ad . The topics related to the offline and online retailing.

As a surprising move we mixed the team members with each other. Students composed a

ads for Flipkart, Pantaloon and Amazon. We congratulate the winning team.

FABULOUS FRIDAY- “AD Mad” (Dr.Priti Hingorani, Faculty – Retail, Jodhpur)

"Acting is behaving truthfully under imaginary circumstances".

The chirping of birds, the brightness of the

Sun, the blooming of buds and glory of

God marks the beauty of a day, 'the

Friday'.

This Friday was yet another day of fun and

learning on the same scale

with the activity of 'Ad-mad'.

To createan interesting twist in this activity

we asked students to build new creative

products out of the existing ones. Students

were divided into groups and given to

choose any product and then renovate it

with their own creative skills followed by creating an ad for the same. This not only

enhanced the creativity of students but also provided them a good learning experience.

Keep thinking, keep depicting, keep creating, this will lead us further and will keep us all

moving ahead !!

Jodhpur

Campus

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PAY IT FORWARD Team spreads Cheer !!

(Rihini Shahi, UGRFM)

“AUTISM” the word stands for “ALWAYS UNIQUE, TOTALLY INTELLIGENT, SOMETIME

MYSTERIOUS.”

“PAY IT FORWARD TEAM” recognized this and celebrated “WORLD AUTISM DAY” by

volunteering for Half Marathon organized by NGO “UDAAN” At Noida National Sports

Complex where everyone ran for a cause with the spirit to fight against autism.

UDAAN also honoured SPECIAL OLYMPICS BHARAT ATHLETIC who had won Bronze Medal

for INDIA in WORLD WINTER GAMES 2017 held in Australia.

Volunteers from team helped the participants and in turn learnt life lessons from

them.They served refreshments and beverages on entire track of half marathon.

We appreciate efforts of PAY IT FORWARD team “Disha Gautam , Rohini Shahi , Abhishek

Sahai , Reeja , Swastika , Siddhartha , Sanhita Kumari and Preeti” who reached early

morning to the venue and extended selfless service to differently abled people and tried

to initiate a change in our society.We also want to thank “Jamil Akhtar” for covering the

event.

Noida

Campus

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FABULOUS FRIDAY- Product Tambola & Ad Mad

(Parmita Dhar, Sr. Faculty-Retail, Kolkata)

When Fridays come, it has to be fabulous at FDDI,Kolkata.

The party game of tambola is always a crowd gatherer and an immensely popular one.

But Product Tambola had a new dimension all together. Gathering articles, messages and

recreating a meaningful idea was a challenge in itself.

Thanks to the young and creative minds like Rahul Jha, Shreya Das, Riddhi Pratim

Mukherjee and others for creating an interesting and enjoyable game out of it.

Product Tambola event ended with sharing of Chocolates amongst the winners and

participants.

Ad world is always a Mad world. Capturing the subtle jerks of this mad world is indeed

very interesting. Students were divided into groups and give a stipulated time to create

ad campaigns on retail stores.

Namita Sadhukhan made quite a creative campaign on Jack and Jones followed by

Shopper’s Stop campaign By Satyam and Mansi.

These brief but creative events give students a podium to express their creativity, thinking

and helps them to brush up their presentation skills as well.

Kolkata

Campus

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Chhindwara

Campus

FACULTY UPGRADATION PROGRAM

(Shashwati Bhowmick, Sr.Faculty – Retail, Chhindwara)

Together we can, Together we will”. “Start with full strength, Rest is easy going”

The second session of Faculty Upgradation Program

was conducted in Retail and Fashion Merchandise

Dept. at FDDI, Chhindwara Campus. The session

focussed on the area of International Trade. Mr. Vinit

Verma discussed regarding various laws, agreements

and organizations related to International Trade.

The key points of discussion during the session are as follows :

Bilateral and Multilateral Trade Agreements

General Agreement on Tariffs and Trade (GATT)

World Trade Organization (WTO) - GATT/ WTO Trade Rounds

Trade Related Intellectual Property Rights (TRIPS)

Trade Related Investment Measures (TRIMS)

General Agreement on Trade in Services (GATS)

Ministerial Conference

South Asian Association for Regional Cooperation (SAARC)

The session concluded with a Case Study on “Patent : India-US Basmati Rice Dispute”. It

was quite an interactive session. The session helped to gain knowledge in the area of

International Trade, which is of utmost

importance in the present context of business

beyond boundaries.

We would like to thank our respected E.D. Sir

Mr.Vikas Singh for this initiative. We thank all

the participants for their active involvement in

the session. We assure to deliver our best and

upgrade ourselves on continuous basis.

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Private labels crucial for fashion retailers success

(Source-Economic Times)

High-margin private labels are crucial to a fashion retailers' success, said British

businessman-turned politician Waheed Alli, who is the chairman of Indian fashion e-

tailer Koovs. Alli, a former chairman of British online fashion and beauty store Asos, was in

India on to meet investors and suppliers.

“Most successful fashion retailers including Zara, Asos and Topshop have a large chunk of

their business coming from private labels,“ said Alli.

“When you are serious about private labels, it makes you a fashion business and not a

marketplace.“ Alli's India venture Koovs has increased its share of contribution from

private labels to 40% from 35% last year. “We would like to take it to around 50%,“ he said.

“You don't want to make the share bigger

because customers would also want choice.“

Koovs has struck a partnership with Souq,

arguably the largest ecommerce site in the Arab

world, to take its private label collection to the

Middle East.It reported that its sales went up by

87% to around Rs 150 crore for the year ended

March, 2017. Koovs, which raised funds of around

Rs 93 crore from investors, including the Times

Group, last year, is listed on London's Alternative

Investment Market, a submarket of the London Stock Exchange.

Commenting on the current status of India's startup ecosystem, Alli said, “It's not a great

time for startups here because investors ha ve tightened their pur se strings. It's time for

consolidation and cost-cuts.“ However, he was optimistic abo ut the country's potential. “I

don't think Indian entrepreneurs have done anything wrong. Everybody here is building

new things. There are bound to be failures. It is definitely harder to raise capital but not

impossible,“ he said.

Alli said he is glad to have invested in India. “America is going into protectionism, Russia

has political problems and Europe has Brexit. The only two markets that seem to have

tremendous potential are India and China”.

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Shoppers stop : Digital influence to contribute 20% of

sales (Source- The Hindu)

Lifestyle retail major Shoppers Stop expects to make 20% of its revenue by 2020 through

consumer purchases made as a result of ‘digital influence.’

“Physical stores are called offline, but there is nothing offline today... We say digital

influence as a customer may shop online but collect the product at the store,” Shoppers

Stop CIO Anil Shankar said at the Cisco India Summit 2017 here. “So, there is a digital

influence. By 2020, we expect that 20% of our revenues will have a digital influence from

the current levels of about 1%.”

Digital influence refers to the role that the digital medium plays in influencing purchases,

irrespective of whether the purchase is made online or offline. Mr. Shankar explained that

a buyer may buy a voucher online and come

to the store to make the purchase, this too

was an example of digital influence.

The listed firm is also likely to complete

implementation of its omni-channel model i.e.

retailing both online and offline in the next 2-3

quarters. With 80 outlets across the country,

Shoppers Stop has earmarked about ₹60

crore for the process that includes digitisation

of its stores and adding capabilities like

“contactless payment” and a more personalised shopping experience.

“We started the omni-channel journey in 2015 and we have already started piloting a lot

of features such as enabling users to make contactless payment using audio technology,”

he said. The firm has partnered with ToneTag for the technology wherein audio signals or

‘tone tags’ are used for making payments.

As part of the transformation, Shoppers Stop has partnered with networking major Cisco

to implement the latter's wireless solution across stores. This will enable Shoppers Stop to

also offer Wi-Fi at its stores. “We are excited to collaborate with Shoppers Stop as they

digitally transform their business, deliver hyper-relevant customer experiences and

enhance workforce efficiency to emerge as the retailers of the future,” Cisco India and

SAARC President Dinesh Malkani said.

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Indians rate customer service quality as top factor

when choosing Businesses (Source- Financial Express)

In the dynamic economic environment in India, businesses should focus on not just

providing a good value for money product, but an equally excellent customer service

experience to attract and retain customers. According to the findings of the American

Express® 2017 Global Customer Service Barometer released today, 84 percent Indian

consumers say the quality of customer service is very important when they’re deciding to

become or remain a customer.

This significance of customer experience can also be observed from the willingness of 86

percent of Indians to spend more with a company providing excellent customer service

experience; much ahead of United States (70 percent), UK (59 percent), Singapore (72

percent) and Japan (33 percent).In addition, Indian customers talk much more about

their positive experience (59 percent), compared to their counterparts in any other

country Mexico (43 percent), United States (43 percent), Hong Kong (19 percent) and

Canada (38 percent).

“Companies across the country pay a lot of

emphasis on product value proposition but it is

time for them to give an equal or more

importance to customer service for a real

competitive advantage. Putting customers’

needs first to deliver great service experience is

not just the right thing to do, it also makes great

business sense,” said senior vice president,

American Express Global Servicing Network –

Japan and Asia Pacific, Pradeep Kapur.

“At American Express, our stated vision is to be the world’s most respected service brand.

Happy customers today are far more willing to share their positive experiences with their

social network and are also willing to spend more,” added Kapur. The American Express®

2017 Global Customer Service Barometer survey has been conducted across nine

countries including India, United States, Canada, Mexico, United Kingdom, Italy, Hong

Kong, Japan, and Singapore.

The survey also reveals:

Happy customers are brand ambassadors

On average, 96 percent of Indians tell 38 people about their good experiences at least

sometimes, but 83 percent are vocal about their bad experiences, telling an average of

31 people. Indians are way ahead than their market counterparts when it comes to

sharing their good customer service experience on social media.

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Amazon seeking a way to reach Indian Hearts

(Source- Economic Times)

When Flipkart cofounder Sachin Bansal, speaking at the Economic Times Global Business

Summit last month, raked up again the issue of creating a level playing field for home-

grown companies, the reason behind the demand was clear. Local units of companies

like rival Amazon have been capturing the market in India at a fast clip, with the money

being pumped in by their deep-pocketed foreign parents offering them, what critics say,

an unfair advantage.

Amit Agarwal, head of Amazon India, didn't like the 'foreign' tag and said his company

was very much Indian. "I just want to reiterate that Amazon (India) is a company

incorporated in India, domiciled here. It follows all mandated laws, such as two-factor

authentication, and pays service tax as well," he told the participants.. The policy is not

just reflected in the corporate approach, but also in its advertising.

Clearly, Amazon wants to deflect any effort to target it for its foreign roots. The approach

serves dual purpose, said social commentator and brand consultant Santosh Desai.

"It makes sense from two different perspective in terms of consumer connect and cultural

comfort. It helps that with the kind of we understand India and even from a pure

consumer marketing lens, there is a logic to it," Desai said. "The other is also for proactive

strategy that is more PR kind of sense, which is when there are a lot of people making a

case when there is a domestic/international fault-line. It also becomes a way to forestall

this in a way. That is why they are over-lining it a bit overtly."

Stakes are high for Amazon in India as the Seattle-based company pins great hopes on

the South Asian country after losing out in China to home-grown Alibaba.com.

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Expanding Retail Footprints

Walmart to open 50 new stores in India; focuses on

Uttar Pradesh and Uttarakhand (Source: Business Insider)

Zomato says revenue up 80% to

$49millionin FY17(Source: Live Mint)

Flipkart raises $1.4 billion from eBay, Microsoft,

Tencent, acquires eBay India (Source: Live Mint)

Jabong announces addition of

Aeropostale to its portfolio (Source:

Business Standard)

Toonz Retail to double store

count to 200 by 2020; aims at

Rs 100 crore turnover (Source: India

Retailing)

Future Group planning 'loyalty-driven' convenience

stores (Source: Economic Times)

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Subject : Retail Merchandising

Case Study : William Penn to stock more men’s luxury

accessories (Source : Business Line)

Bengaluru-based William Penn is planning

to stock more lifestyle products,

particularly men’s luxury accessories, even

as it re-brands the store logo.

Apart from the logo, there will be new

store patterns. The exercise is expected to

be completed in at a cost of INR 1-2 crore.

The portfolio break-up between

accessories and writing instruments and

premium stationery is expected to be 50-50. The accessories that the company stock

include cuff links, scarves, cravats, and collectibles travel items and so on. The mix varies

depending on the store and demand.

There is also an increasing interest towards luxury accessories which we are now tapping

into. The company has a portfolio covering 30-odd brands which include the likes of

Cross, Victorinox, Lamy, Cruiser, Fisher Space Pen, Hugo Boss, Lapis Bard, Shaeffer, Troika,

Philippe, Moleskine.

The average customer spending is around INR 5,000 consisting of two units across

categories. A store would have 20-odd brands and around five to six new accessory

brands have now been added.

Between pens and accessories the turnover break-up stands at around 70-30. This will

change with accessories expected to have a faster growth. The turnover mix is expected

at 60-40 (pens to accessories).

The company, is expecting a turnover of INR 100 crore by the end of this fiscal (FY-18). The

target got delayed by a year because of demonetisation.

In terms of retail presence, Willaim Penn has 30-odd stores across nine cities that include

the four metros, Ahmedabad, Bengaluru, Kochi, Pune, Ahmedabad and Hyderabad.

The company will also tap tier-II cities like Chandigarh, Lucknow and Coimbatore this year

onwards.

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Subject : Retail Communication

Case Study : How brands are using tech in marketing (Source : Business Line)

As consumers tend to use an increasing range of tools and technologies, from

smartphones to social media, to make informed purchasing decisions, corporates are

transforming their marketing into an increasingly technological function.

Like Tata Consultancy Services, which recently teamed up with SATS Ltd, a provider of

airport ground handling and food solutions services, to develop a smart watch, in what is

being termed the world’s first mobile solution for airport operations. The smart watch will

support SATS’ operations at Singapore’s Changi Airport.

To help propel sales in the domestic market,

Maruti Suzuki launched its Ignis simultaneously

on the physical as well as digital medium. The

result: 20 per cent of pre-launch bookings came

from digital in the first 10 days.

KFC, with its 3D selfie figurines and electronic

headsets, in a bid to attain the ‘wow’ factor

with consumers.

Speaking about the activation, Lluis Ruiz Ribot,

Chief Marketing Officer, KFC India, said the company is looking to push the boundaries on

the traditional QSR (quick service restaurant) meal. KFC, in association with digital agency

Blink Digital, introduced a limited edition meal accompanied by a personalised smart toy.

With better informed consumers, KFC decided to be relevant to this target audience. As

did Maruti Suzuki with its Ignis launch.

Given that social networking sites are proving to be a rich resource to reach Gen Y, a

simultaneous launch on the physical and digital medium got “astounding results with the

millennials,” said Sanjeev Handa, VP and Head of Marketing, Maruti Suzuki.

The auto launch was viewed digitally over 10 million times.

The way consumers consume content and interact has changed. Customers have started

consuming content on the net before they come to physical stores. Advertisers need to

leverage digital effectively.

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Watch out : Artificial intelligence will make your Flipkart

experience enriching (Source: Business Insider)

A little after Binny Bansal took over as Flipkart's

CEO from co-founder Sachin Bansal, he penned

down his vision for using new technology so that

Indians’ shopping experience can be made more

enriching.

The topics that they pondered upon included their

ease of search, personalised recommendations, an

interactive shopping experience, as well as the

comparison of online with offline shopping

experience.

The answers to these open-ended questions were

found in Project Mira, an AI-focused effort from team

Flipkart.Internationally, ecommerce

giants Amazon and eBay have invested heavily in AI

so that their marketplaces and customer experience

can be strengthened.

Project Mira, named to suit any common Indian, also

addresses similar complexities, albeit for Indian

shoppers and their apprehensions with online

shopping.

Mira was a result of the shift in the shopping trends of

Indian customers and how they searched for what

they wanted.

As of now, Flipkart processes more than 400,000

shipments a day, and out of this, 10-11% are

returned. This led to experts at Flipkart considering

the need to think of attributes that could be

prompted to buyers instead of having them search

using filters.

With Project Mira, if someone searches for an air-conditioner, Flipkart now asks buyers

about what kind of AC they want, the tonnage, room size, brand, and such, just like an

executive in a brick and mortar would.

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Watch out :

PayU India launches deferred payment facility (Source : Financial Express)

Digital payments platform PayU India

launched ‘LazyPay’ that allows a

deferred payment option to users who

transact digitally for amounts ranging

between Rs 500-2,500.

The company, which aims to reach

out to over five million consumers over

the next one year, plans to invest USD

50 million on the product over the

next few years.

The aim of the product is to drive

faster purchase experiences and

convenience by reducing friction on

online checkouts and achieving a zero drop situation for online payments.

Depending upon customer behaviour, the facility could be extended for amounts from

Rs 3,000 and up to Rs 10,000.

“PayU India plans to invest USD 50 million in LazyPay over the next couple of years. The

company aims to get over 5 mm users onboard in the next one year,” it said.

LazyPay would appear as a payment option at the time of checkout on the websites and

apps that integrate the product.

It would provide users with a deferral payment facility for 15 days with a transaction limit

decided as per the purchasing behaviour of every individual. PayU conducted a pilot for

LazyPay last month and has onboarded merchants like Zomato, Box8, Jazz Cinemas,

Netmeds and Innerchef.

In 2015, USD 4.4 billion revenue was lost due to 20-30 per cent of transactions failing at the

payment page. Hence, there was a need for a product which is faster and can give

higher conversions,” PayU India Managing Director Jitendra Gupta said.

The aim is to recreate the kirana store experience where a shop owner allows users to

take products home and pay later because he is acquainted with them, he added. In

the range of Rs 500-2,500, consumers generally pay online for movie tickets, food,

groceries, small bills (phone, electricity, water or DTH), etc, the statement said.

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7 tips to nail your Skype interview

(Source: Broadband)

Preparing for an online interview can

be difficult, but there are steps you

can follow to make it easier.

Skype interviews are becoming

more common among employers

and an increasing amount of

applicants will need to navigate an

online interview in order to secure a

position.

1. Use decent hardware: Using a good-quality webcam and microphone is important,

as this will affect how well the interviewer can see and hear you.

Your Internet connection should be as fast and stable as possible, eliminating the

possibility of stuttering or a low-quality feed.

2. Keep a clean environment: Before your interview, make sure your surroundings are

clean and presentable. Ensure there are no clothes or untidy objects in view of the

webcam before the interview begins.

3. Have a backup plan: Reduce the risk of any issues occurring by conducting a test

interview with a friend beforehand and setting up early. However, you should have

a backup plan ready in case anything goes wrong – including a backup device

and Internet connection.

4. Dress smart: Dress professionally for your Skype interview, as this will make a good

impression on the interviewer. Wearing formal attire also has the advantage of

helping you to adopt a more serious approach to the interview.

5. Focus on body language: Make eye contact, sit up straight, and smile at the

interviewer in order to make a good first impression. Make eye contact, sit up

straight, and smile at the interviewer in order to make a good first impression.

6. Sound enthusiastic: Try to sound enthusiastic and engaged to show the interviewer

you are interested.

7. Choose a good location: The best place for a Skype interview is a controlled

environment such as your home.

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Alumni Connect

Ravish Chhikara

PGDRFM (2008-2010)

Campus : Noida

Current Profile : State Head - Modern

Trade, Delhi-NCR

Company : Reliance Jio

Key

Responsibilities:

Telecom

Acquisition:

Responsible for customer acquisition for the entire

circle through 100+ COCO stores across Delhi NCR

Mobility: Maintained revenue leadership through

aggressive multi-brand mobiles sales along with other

KPIs

Dongle & DTH: capturing market for both dongle and

DTH services and become leader in the stream.

Profitability: Managing overall P&L from the state along

with compliance

Earlier Experiences:

Reliance Digital Retail Ltd.

State Head: West UP & UK @JIO, worked for 2 years

(Jan 2015- Dec 2016

Reliance Digital Retail Ltd.

Senior Buyer, worked for 2 years (feb.2013- Jan 2015

Jumbo Electronics ,Senior Buyer, worked for 3 years (Feb 2010 – Jan 2013)

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i-MPULSE-79

(Abhishek Bijanu ACM- Trainee, Lifestyle )

Q.1 Name this famous footwear brand which partnered with fashion

ecommerce portal Fynd in a bid to strengthen its online presence.

Q.2 Micromax joined hands to develop a new mobile brand in the Rs 6000

to Rs 12000 band with an e-commerce major. Name this online player.

Q.3 What is the speciality of the newly launched programme ‘Amazon

Classroom ’ by e-commerce player Amazon ?

Q.4 Name this famous Brick & Mortar retailer that recently announced to

implement Cisco Connected Mobile Experience (CMX) capabilities for

enhanced, personalised experiences for shoppers at its stores in India.

Q.5 FMCG major Nestle collaborated with which two major companies to

roll out promotions for new variants of Maggi noodles ?

Q.6 Which mobile wallet company recently entered the traditional meal

voucher market?

Q.7 Name the online furniture rental company that has roped in sports

presenter Jatin Sapru and came up with a sports-themed fun campaign

‘‘Get Your Game Space On”.

Q.8 What is the speciality of Dabur’s initiative ‘‘Ask Dabur”?

Q.9 Name this state-owned saree brand that is soon going to be a part of

Amazon’s global selling program.

Q.10 Name this Bollywood star who has been roped as a brand

ambassador for Colgate Active Salt toothpaste, by FMCG major Colgate-

Palmolive India.

Rush your answers to [email protected] on/before 30.04.17. Please

mention your name, batch & campus in your mail.

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Answers to i-mpulse - 78

(Best entries received from Nutan Nayan Nigam (PGDRFM 10),Abhishek Sahai

(IPRM), Shon George (IPRM ), Utkarsh Vaishnava (PGDFM 11),Sristy Kumar

(B.Des), Sneha Nayak (PGDRFM 11),Sandeep Srivastava (PGDRFM 10),Parrul

Goyal (PGDRFM ),Harshit Sharma (),Reeja Raveenran (IPRM),Ankit Shukla

(PGDRFM 10),Disha Gautam (B.Des) & Rohini Shahi (DRFM 11)

Congratulations )!

(1) Reliance Retail (2) Amazon (3) Express Payout service allows a merchant to get up to

80% of their pending payment in advance. This newly launched service by Shopclues

aims to benefit any merchant who requires advance payment before the scheduled

payment date. The merchants can choose to receive any amount up to 80% of their due

payment with a small service charge and the requested payment is processed within

eight hours. (4) Future Group (5) Being Smart (6) MobiKwik (7) Forever 21 & Aeropostale

(8) Flipkart (9) The programme “A-Z GST Guide” launched by e-Commerce major Amazon

aims to helped train over 5,000 sellers on the Amazon platform to get ready for GST. By

building a dedicated A-Z GST Guide portal, which is open to anyone visiting the platform

and not just the Amazon sellers, the company has been educating visitors on the

nuances of GST (10) Shilpa Shetty

Retailogy

Drop shipping

….is a supply chain management method in which the

retailer does not keep goods in stock but instead

transfers customer orders and shipment details to either

the manufacturer, another retailer, or a wholesaler,

who then ships the goods directly to the customer.

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LOGO QUIZ 36

Rush your answers to [email protected] on/before

30.04.17. Please mention your name, batch & campus in your

mail.

Answers to Logo Quiz 35

( Best entry received from Sristy Kumar (B.Des ) Congratulations ! )

(1) Homesquare

(2) Manyavar

(3) Ubereats (4) Orange Book Value (OBV) (5) Licious.in

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22

(NUTANNAYAN NIGAM, PGDRFM, NOIDA)

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(Parul Goyal, PGDRFM, Noida)

VISUAL TREAT

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Job Openings

(Source: Alumni & Monster.com)

(Abhishek Sahu, PGDRFM, Noida)

Inviting Applications for below mentioned positions for ALDO Shoes 👠 ( A Premium

Footwear Brand)

1.) Asst. Store Manager - Kuwait / Qatar

2.)Store Manager - Kuwait / Qatar

3.) Female Fashion Consultants - kuwait.

4.) Area Sales Manager - Dubai (For MBO)

Please note -

Salary negotiable.

Minimum 5 Years of experience in Footwear Industry in must.

Please connect with Vaibhav Mukhi on FDDI Retail- Jobs/Internship group

___________________________________________________________________________________

Looking for a Assistant Manager- Product / buyer for a sports wear brand based out in

Gurgaon.

Candidates must have relevant experience in footwear and apparel. Interested

candidates kindly share your resume at

[email protected] or call at 8800492512

Experience: 3 -4 years

Job Location: Gurgaon

CTC: 10 LPA

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FDDI Retail -Facebook Page

https://www.facebook.com/FDDIRetail

FDDI Retail Plus -Facebook Group

https://www.facebook.com/groups/FDDIRetail/

FDDI Retail Jobs/ Internship

https://www.facebook.com/groups/FDDIRetailJobs/

FDDI(Retail) Alumni

https://www.facebook.com/groups/FDDIRetailAlumni/

FDDI(Retail)Blog Fddiretail.blogspot.com

FDDI(Retail) on Twitter https://twitter.com/FDDIretail

Alumni Network https://www.linkedin.com/FDDI

FDDI (Retail) Instagram https://www.instagram.com/retailstimulus/

Please send us your

suggestions/ feedbacks/

inputs at [email protected]

Chief Editor:

Anil Kumar Sharma

Chief Consultant (Retail)

FDDI, Noida

Resource Students:

Disha Gautam,B.Des

Utkarsh Vaishnav PGDRFM11

Nihir Jain,IPRM

Sristy Kumar,B.Des

Editor:

Renu Sharma

Consultant (Retail)

FDDI, Noida

Mentor Alumnus :

Abhishek Bijanu,

ACM, Lifestyle

Abhishek Ranjan,

Co-Founder,We Source