Inside Retail; The great Indian MRP trick

One of my pet topics! 

During a session where I was explaining about MRP being irrelevant in the current market scenario, an interesting question/ counter point came up.

This point was - “MRP printed on a product gives the consumer some assurance about the price. If there was no MRP, what is the guarantee that retailers would not fleece the customers?”

The article “The great Indian MRP trick” answers this question as also reiterates that MRP as a concept is neither applicable universally nor is it being insisted upon and most definitely is enforced in very rare instances.

Please share your views and comments about this.

Inside Retail; Long way to go for omni channel retail

I have been remiss in sharing thoughts and insights about Retail in the blog due to lot of travelling and extensive engagements. Let me resume by sharing some articles I had written for my new column in the Business Line on Campus (BLoC) titled “Inside Retail” .

A full page advertisement by a retailer claiming to be an omni channel operator piqued my curiosity. Omni channel is easier to claim than do and this article explains the reasons for the same.

The full can be read by clicking on this link - “Long way to go for seamless omni channel shopping experience”. Please do share your views and feedback in the comments section.