Press Releases from YourRetailCoach (73 total)
How to Make My Business Into a Franchise?
Franchising is a way to grow a successful business, but preparation is key. Are you thinking about franchising your business? Listed below are steps you must consider to make your business into a franchise.
1. Prepare your business for franchising
To determine if you are a good fit for franchising, there are a few factors to consider; such as the ability to afford franchising and expansion, the necessary funds to expand, the…
How to Increase Sales in Retail Electronics?
In today's market, utilizing effective strategies to increase sales is imperative for any business. Increasing sales should be the main objective of every retail electronic business as revenue and growth are driven by it. Here's how to generate more sales in the electronics retail sector ( https://www.yourretailcoach.in/industries/electronics-home-appliances-consulting/ ):
1. Value-Added & After-Sales Services
There is more to electronics than just selling products. Basically, trust sells more than products. When a buyer can…
How to Start an Online Grocery Business
In light of the emerging challenges in starting and managing online grocery businesses ( https://www.yourretailcoach.in/online-grocery-e-grocery/ ), retail and eCommerce consulting firm - Your Retail Coach shares an insightful perspective on the subject of how to start an online grocery store business in this communiqué. The views shared here are intended for aspiring entrepreneurs and business owners with plans to venture into the online grocery business or grocery dark stores.
Business…
5 Ways to Franchise Your Brand in 2023
Retail and eCommerce consulting brand - Your Retail Coach in this communiqué shares the developments of its ongoing assessment of modern franchising solutions. The insights shared here are intended for business owners who want to use the franchise expansion strategy ( https://www.yourretailcoach.in/franchise-development/ ) for growth in business and revenue. The solutions shared here reassess conventional techniques as well as shed light on emerging models.
FOFO (Franchise Owned Franchise Operated)
In the…
5 Factors Leading to a Successful eCommerce Business
At regular intervals, retail and eCommerce consultants - Your Retail Coach sheds light on the latest practices and strategies on managing and growing eCommerce businesses ( https://www.yourretailcoach.in/ ). In this communiqué, YRC reaches out to aspiring entrepreneurs and business owners delving into five areas that need close attention to succeed at eCommerce and eCommerce management.
Product USP
A USP or Unique Selling Proposition highlights the unique value of offerings by a…
Why Maximum Businesses Fail Due to Mismanagement
In this press communiqué, retail and eCommerce consulting brand - Your Retail Coach (YRC) points out 5 reasons why businesses fail. Reasons startups fail are no different except that the nuances are slightly different. As business consultants ( https://www.yourretailcoach.in/business-process-management-bpm-consulting/ ) for a long time, YRC maintains that whether it is the failure of any existing business or the discussion is on failed startups, the main headings of reasons for business…
How to start a clclothing othing brand?
Retail and eCommerce consultants Your Retail Coach, in an updated announcement, has highlighted some of the old and new essentials of starting and managing a clothing brand rationalised for the present-day fashion business landscape. The inputs are an outcome of a collaborative effort from the firm's experienced team of fashion business consulting experts.
Finding a vantage point
Developing a clothing brand entails years of planning and effort ( https://www.yourretailcoach.in/fashion-business-consulting/ ). When…
How To Start Electronic Shop Business
Electronics is one of the popular business ideas among entrepreneurs today. Electronic goods are used heavily in every aspect of people's lives. As part of a busy lifestyle, everyone finds it much easier to use electronic gadgets as assistance. The electronics industry has taken a stride over the market with the huge demand for electronics goods. Here's how to set up a successful electronic shop business:
Business Plan
In a business…
How to Develop a Retail Franchise Business Model?
To achieve success when franchising a business, the first step is to approach the market from a targeted and planned perspective. This can only be achieved by first drafting a sound franchise business model, which will be the basis for the expansion program of the business. It is essential for you to evaluate the different retail franchise models, whether it is the FOFO franchise model, or COCO franchise model, or…
How to start a clothing line?
In its recent communiqué, retail and eCommerce consultants Your Retail Coach has come out with some of the latest updates on clothing line startup essentials. YRC shares an insightful perspective rationalised for modern-day business situations. The inputs are a collaborative effort from YRC's experienced team of clothing line business consulting experts ( https://www.yourretailcoach.in/industries/fashion-retail-clothing-consulting/ ).
Finding a vantage point
Does the business idea of a clothing line startup emerge from any existing…
YRC shares 7 Expert Codes for Writing Retail SOPs
In this press communiqué, retail and eCommerce consultants - Your Retail Coach ( https://www.yourretailcoach.in/ ) shares seven golden rules for writing retail SOPs. The insights are intended for business owners and aspiring entrepreneurs who seek to organise their existing businesses and startups and set up a robust operations framework geared for growth and expansion.
7 Expert Codes for Writing Retail SOPs
Systematic and Detailed Drafting
Drafting or writing may appear old-style…
How to start a wholesale clothing business
In this press communiqué, 10+ years old retail and eCommerce consulting enterprise - Your Retail Coach (YRC), reaches out to business proprietors and aspiring entrepreneurs who are contemplating starting or are already in the wholesale clothing business.
In light of the altered business landscape, YRC's team of retail consultants speaks on the fundamentals involved in starting a wholesale clothing business.
Knowing Before Sowing
Market research is imperative in any kind of business.…
How to Start a Baby Clothing Business
The fashion business has gone through many transitions in the past 10 years and it continues to evolve. The reasons are many. Fashion inherently is subject to change and this changes how businesses function. To help newbie entrepreneurs and existing business owners, Your Retail Coach, a retail and eCommerce consulting enterprise publishes insights on startups, business management and processes, and business growth and expansion strategies. This communiqué is an effort…
How to Start a Fitness Clothing Line
The sports and fitness apparel industry witnessed sluggish growth during the 2020 pandemic but only to bounce back harder in the next two years. According to Statista, the industry is projected to touch global revenue figures of USD 248.99 billion by 2026 from USD 190.98 billion in 2022. With growing awareness among the masses for engaging in physical workouts, the market for sports and apparel goods (and also services) is…
How to start a luxury fashion brand
The market for luxury fashion is difficult to decode. It presents its own set of challenges. Oftentimes it is difficult even for seasoned luxury fashion brand consulting companies to come up with effective business solutions.
Given the contemporary developments in the luxury fashion business industry ( https://www.yourretailcoach.in/industries/luxury-retail-consulting/ ), retail and eCommerce consulting firm Your Retail Coach (YRC) shares insights into starting and developing a luxury fashion brand in this communiqué.
Steps involved…
How to start a fashion brand
Given the dynamic and evolving nature of the fashion industry and the concerned business environment, it has become important to approach business modelling and business planning in its most contemporary sense. To fulfil this gap and help new businesses gain insights into the subject, retail and eCommerce consulting firm Your Retail Coach (YRC) reaches out to aspiring fashion business entrepreneurs from time to time. In this communiqué, experts from YRC…
How to start a business like IKEA
As veterans in the field of furniture business consulting ( https://www.yourretailcoach.in/industries/retail-furniture-furnishings-consulting/ ), YRC routinely reaches out to aspiring entrepreneurs and businesspersons and provides them with relevant updates and insights. In this communiqué, YRC's team of furniture business consultants addresses the topic of building a strong and successful furniture brand. Some of the striking points are highlighted.
Brand Personality Traits
If Ikea's success story or its brand personality could be put down…
Top 05 E-Commerce Startup Consulting Firms in India
There is an upward trend in the Indian eCommerce industry. Demographic changes, internet and smartphone penetration, and relatively good economic performance are some of the factors contributing to this growth and traction. In recent years, Indians have become more accustomed to the convenience of online platforms that enable transactions and delivery at desired locations. Consequently, the market has been open to testing different business models ( https://www.yourretailcoach.in/business-model-development/ )across inventory, social…
How to make your retail business global
As a part of YRC's routine reach-out campaigns, this communiqué highlights two key approaches for making retail businesses ( https://www.yourretailcoach.in/ ) go global with inputs from experienced, in-house retail consultants.
Bringing global standards home
One of the foremost requirements in this approach is embracing a high degree of retail automation. This entails any and all technological solutions that serve the business requirements. Equally important is to ensure the reliability of the…
What are the steps to getting started with eCommerce?
The intention is not to upset the readers but there is no such staircase or elevator to get started with eCommerce or for that matter, any business. But certain fundamentals one should not miss or mess with are highlighted below.
Refine your business idea as long as it does not become irrefutable
No matter how brilliant a business idea is, it is never perfect in the beginning. You would better want to…
How to build a brand like Zara
Reaching out to aspiring fashion entrepreneurs and existing businesses, Your Retail Coach deliberates upon the success mantra in the business of fashion. YRC maintains that imbibing the underlying fundamentals is more important than merely trying to replicate external traits.
Superfast Merchandising and Value Chain
Many experts opine that brands like Zara have this unique ability to nearly teleport trending fashion merchandise to their stores. Having such a quality means that a…
How to expand a clothing business?
One of the biggest hurdles in expanding any business is pooling the additional capital. When businesses struggle with what they already have on their plates, contemplating growth and expansion becomes a distant goal. The solution for this is internal correctness.
In this communiqué, Your Retail Coach, a retail and eCommerce consultancy firm, addresses this issue with the intention of sharing insights with new and existing clothing businesses on achieving organic growth…
Delivering in less than 30: Minding the minutes in dark store business
Although the dark store business model ( https://www.yourretailcoach.in/setup-online-dark-store-ecommerce-business-consulting/ ) looks promising and tempting from a business perspective a big question every dealer has to answer is the strategy and modus operandi of fulfilling the promised delivery timeline. Because this has now become a pertinent issue, Your Retail Coach is presenting the essential strategic insights required to reduce the delivery time for dark stores. These insights are for providing guidance to…
Why 10 mins grocery delivery businesses will die?
Why instant grocery delivery services are shutting down? Here are the reasons:
The days of seeking growth at all costs are over. Investors now demand operational profitability or at least a clear path to it. Simply presenting user growth numbers on a spreadsheet is no longer enough to secure funding, as operational revenue and margins are now critical factors.
The grocery industry's profit margins are razor-thin (7-12% of order value), and the…
Retail business expansion strategy & hidden techniques
In this communiqué, YRC reaches out to retail brands and businesses with expansion goals in mind. Some of the strategies discussed ahead are novel while some are quickly gaining ground. What is important is to evaluate the effectiveness of a strategy based on the business objectives in question. With more than ten years of experience in delivering retail business consulting services ( https://www.yourretailcoach.in/set-up-retail-store/ ), YRC stresses that evolution and innovation…
How to start a successful eCommerce business
In a recently published communiqué, retail and eCommerce consultants - Your Retail Coach, reaches out to aspiring entrepreneurs and business owners who are seeking to make a foray into eCommerce.
ECommerce Market Research
Even if a new business is in a known location or market, it does not negate the need for carrying out a professional market research ( https://www.yourretailcoach.in/ecommerce-market-research/ ). The existing knowledge and awareness may not be sufficient to…
How do I Start a Successful Fashion Business?
Retail and eCommerce consultants Your Retail Coach is issuing this release to reach out to business audiences including aspiring fashion entrepreneurs and fashion startups in the fashion retail industry. The objective is to share an updated perspective on some of the key fundamentals involved in starting a fashion business geared for success. The insights are from the YRC's team of fashion business consulting experts ( https://www.yourretailcoach.in/industries/fashion-retail-clothing-consulting/ ).
Chicken or Egg
Is…
What is the current standing of the supermarket business industry?
Retail and eCommerce consultants ( https://www.yourretailcoach.in/ ) Your Retail Coach, in this official release, sheds light on the latest trends and developments in the global supermarket business industry.
Local variables at play
If the performances of the big supermarket brands are taken into consideration, it reflects the general sentiment prevailing in the sector. Different brands and businesses at local, domestic, and international levels are performing differently. This indicates the impact of…
Supermarket innovation for more business
In this press initiative, retail and eCommerce consultants Your Retail Coach reaches out to supermarket business retailers and shares what different they could do from their competitors.
Pricing research
Pricing is one such area where it is very easy for customers to compare one business with another for the same set of offerings. Prices provide a strong reason for customers to bifurcate their purchases among different stores. This splits the market…
Is opening a retail supermarket business worth it?
In this press communiqué, retail and eCommerce consultants, Your Retail Coach provides a learned perspective on starting a retail supermarket business ( https://www.yourretailcoach.in/industries/retail-grocery-supermarket-kirana-consultants/ ). The 10-year-old firm that provides supermarket business consulting services suggests not starting a supermarket business merely encouraged by statistics and general assumptions while highlighting some of the important considerations.
Is a supermarket required in the intended locality?
Businesses emerge from needs or gaps in markets. If people…
How to successfully start your own supermarket
In this communiqué, retail and eCommerce consultants, Your Retail Coach shares a few insightful perspectives for supermarket startups.
KYM (Know Your Market)
A thorough research and assessment of the target market help supermarket startups ( https://www.yourretailcoach.in/industries/retail-grocery-supermarket-kirana-consultants/ ) solidify their overall business planning ( https://www.yourretailcoach.in/retail-business-plan/ ). It could be about discovering unfulfilled gaps, spotting unique consumer behavioural traits, decoding competitors' tactics and strategies, etc. Making business planning and taking decisions without supporting…
What are the key points of the fashion business?
To address important industry, business and service-related queries received by the company, the office of Your Retail Coach, in this press release, shares a few key points for robust and dynamic fashion business management ( https://www.yourretailcoach.in/industries/fashion-retail-clothing-consulting/ ). The address is done without taking the 'odd-man-out' approach among the key considerations.
Changing before change arrives
Innovation in design and merchandising is the key for both fashion startups and existing brands. Today, entrepreneurs…
Is the fashion industry good for business?
This communiqué from the office of Your Retail Coach is an address to all general business audiences including aspiring entrepreneurs of fashion startups. The purpose of this release is to cover the queries the company receives on the topic of starting a fashion business ( https://www.yourretailcoach.in/industries/fashion-retail-clothing-consulting/ ). Coming specific to the question in the title, YRC and its team of fashion business consulting experts maintain that a generic answer on…
How to increase sales of retail business?
In this communiqué, YRC's team of retail consultants addresses the business community in general to share an updated perspective on improving the prospects of increased revenue in retailing. YRC stresses that opening more stores is surely an option but not the only one. So, retailers seeking same store sales growth options or solutions might want to have a look at the points discussed ahead.
Competitive Pricing with Retention Strategy
Lowering prices…
YRC Decodes 5 Winning Steps for Fashion Ecommerce Startups
Retail and eCommerce consulting enterprise, Your Retail Coach (YRC), in this press communication reaches out to aspiring entrepreneurs and new business owners of eCommerce-based fashion startups ( https://www.yourretailcoach.in/fashion-business-consulting/ ). In light of some of the contemporary business challenges, YRC's team of eCommerce consultants shares an advisory perspective on mitigating these challenges and emerging as a competitive brand.
The Tough Questions First
No matter how brilliant a business idea may seem, it…
YRC decodes 5 winning steps for fashion clothing retailers
In this press communication, retail consulting enterprise, Your Retail Coach (YRC) reaches out to business owners and aspiring entrepreneurs in the business of retail fashion ( https://www.yourretailcoach.in/industries/fashion-retail-clothing-consulting/ ). In consideration of the various challenges faced by apparel retail businesses, YRC's team of retail consultants speaks on alleviating these challenges and emerging as a competitive brand.
Creating the value-connection
The value proposition is one of the key attractions in any market of…
YRC decodes 5 Winnings Steps for Furniture Retailers
Retail consulting firm Your Retail Coach (YRC) reaches out to furniture retail ( https://www.yourretailcoach.in/industries/retail-furniture-furnishings-consulting/ ) brands and businesses shedding light on five important insights that are instrumental in the contemporary business environment to remain stable and competitive. YRC's team of retail consultants elaborates on these insights in this communiqué.
Getting the numbers right
Aspiring entrepreneurs in the furniture market must assess the strength and sustainability of their business ideas/projects via the…
Enhance Customer Satisfaction and Elevate Brand Reputation with Expert E-commerc …
In the dynamic world of e-commerce, customer service is a vital pillar that directly influences brand reputation. Failing to respond promptly and courteously to customer inquiries can lead to negative reviews, ultimately resulting in the loss of repeat buyers - a key factor for sustainable profitability. With the average cost of acquiring a customer (CAC) being higher in e-commerce, it is crucial to prioritize exceptional customer service to retain valuable…
Enhance Your Ecommerce Operations with Expert Guidance from Your Retail Coach
In the ever-evolving world of online retail, ecommerce operations have become the lifeblood of businesses, serving as the foundation for success. Your Retail Coach, a leading ecommerce consulting firm ( https://www.yourretailcoach.in/e-commerce-consulting/ ), is dedicated to helping brands streamline their ecommerce operations and safeguard their brand reputation. With their deep industry expertise, they provide invaluable guidance to optimize operations, ensuring efficiency, customer satisfaction, and sustainable growth.
Ecommerce operations encompass a range of…
Enhance Customer Satisfaction and Elevate Brand Reputation with Expert E-commerc …
In the dynamic world of e-commerce, customer service is a vital pillar that directly influences brand reputation. Failing to respond promptly and courteously to customer inquiries can lead to negative reviews, ultimately resulting in the loss of repeat buyers - a key factor for sustainable profitability. With the average cost of acquiring a customer (CAC) being higher in e-commerce, it is crucial to prioritize exceptional customer service to retain valuable…
Enhance Your Ecommerce Operations with Expert Guidance from Your Retail Coach
In the ever-evolving world of online retail ( https://www.yourretailcoach.in/online-grocery-e-grocery/ ), ecommerce operations have become the lifeblood of businesses, serving as the foundation for success. Your Retail Coach, a leading ecommerce consulting firm ( https://www.yourretailcoach.in/e-commerce-consulting/ ), is dedicated to helping brands streamline their ecommerce operations and safeguard their brand reputation. With their deep industry expertise, they provide invaluable guidance to optimize operations, ensuring efficiency, customer satisfaction, and sustainable growth.
Ecommerce operations encompass…
Expert Jewelry Business Consultants Offer SWOT Analysis Guide for Maximizing Suc …
Starting a jewelry business can be an exciting and rewarding endeavor, but it can also be overwhelming and challenging. To ensure your success, it's crucial to have a well-structured approach and understand your business's strengths, weaknesses, opportunities, and threats. That's where a jewelry business consultant can help ( https://www.yourretailcoach.in/industries/luxury-retail-consulting/ ).
At YRC, we offer advisory services to help you create a successful jewelry store or brand. Our team of experts will…
Why supermarket startups establish SOPs to prevent failure?
In a supermarket, products related to food, beverages, and household items are usually organised into sections. To ensure that employees in a supermarket operate in a streamlined and coordinated way, a set of rules or Standard Operating Procedures (SOPs) https://www.yourretailcoach.in/standard-operating-procedures-consulting/ need to be followed.
SOPs are the documented instructions that an organisation has in place to ensure that products and/or services are delivered to customers on time. SOPs allow a company…
Why 10 mins grocery delivery businesses will die?
Why instant gorcery delivery services are shutting down? Here are the reasons:
The days of seeking growth at all costs are over. Investors now demand operational profitability or at least a clear path to it. Simply presenting user growth numbers on a spreadsheet is no longer enough to secure funding, as operational revenue and margins are now critical factors.
The grocery industry's profit margins are razor-thin (7-12% of order value), and the…
03 Steps to Validate ONLINE BUSINESS IDEA: Check FINANCIAL FEASIBILITY
There are generally three ways to validate your online business idea - demand, competition, and financial feasibility. In this article, we intend to discuss financial stability. The ability of any business project to generate sufficient income, credit, and cash flow to sustain itself financially over the long term is referred to as its financial feasibility.
Get advise for Retail Business Consulting : https://www.yourretailcoach.in/contact/
When it comes to online business, you might…
Business Model Development for online grocery startups: Explained by Retail Cons …
Developing a retail business model based on an identified business opportunity and then delivering a value-based offering can make any idea a reality and profitable. Regardless of the type of business, the business model determines its success or failure. There is no exception to this when it comes to online grocery stores. Through a decade of experience developing business models ( https://www.yourretailcoach.in/business-model-development/ ), YRC helps online grocery startups identify valuable…
How AR Is Redefining Retail in the Pandemic
There are a lot of important factors involved in running a successful business. One of these factors is to adapt to changes in the industry and make the relevant transformations in your business to meet the needs and requirements of customers, and that's where technology comes into the picture. AR, AI, machine learning are some of the great tools that have become the most game-changing technologies for retail in 2022.…
Importance of Branding for Ecommerce Startups
Branding involves identifying, creating, and managing assets and actions that shape stakeholder perception. The importance of branding cannot be overstated since it not only creates a lasting impression on consumers but also enables them to know what to expect from your online business. You can use it to differentiate yourself from the competition and explain why you are the better choice.
As an eCommerce business ( https://www.yourretailcoach.in/industries/online-retail-ecommerce-consultants/ ), your brand should…
Importance of high-quality eCommerce product photography for ecommerce startups
Getting into eCommerce can be a lucrative move. In order to maximize your profits as an eCommerce merchant, there are a few things you should do to stay competitive and one of them is investing in high-quality eCommerce product photography.
Why high-quality eCommerce product photography is important?
A product image is incredibly critical in eCommerce whether you run your own website or sell on a marketplace. Here is how photography helps…
Tips for Ecommerce Competitor Analysis
While you shouldn't be overthinking the process of researching, it is important to make strategic choices. A competitor might outsmart you. You'll either jump into an unprofitable business that will drain your resources or take too long to find a company that could have made you money long ago.
These tips help you find the perfect niche for your ecommerce business.
1. Gauge customer interest.
While you could open a shop and expect…
