What is the present financial condition of the present e-retailing company is something that cannot be ignored. What is customer experience and trust on e-retailers is something needs to be studied.
Regards
Virendra Goel
From: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of Govind Autee
Sent: Tuesday, August 01, 2017 11:58 AM
To: join_mtc
Subject: Re: [MTC Global] Most Valuable Global Brands 2017
India Brand Equity Foundation (IBEF) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India.
- As per IBEF, by 2018, the Indian retail sector is likely to grow at a CAGR of 13 per cent to reach US$ 950 billion; sector's High Growth Potential is Attracting Investors
India has occupied a remarkable position in global retail rankings; the country has high market potential, low economic risk, and moderate political risk
India's net retail sales are quite significant among emerging and developed nations; the country is ranked third (after China and Brazil)
Overall, given its high growth potential, India compares favourably with global peers among foreign investors
With investment of around US$ 511.76 billion, the first half of 2016 witnessed the highest annual private equity (PE) in the retail sector, since 2008.
Rising Prominence of Online Retail
- Online retail business is the next generation format which has high potential for growth in the near future. After conquering physical stores, retailers are now foraying into the domain of e-retailing
- E-commerce is expected to be the next major area supporting retail growth in India. The industry is projected to touch US$ 100 billion by 2020 growing from US$ 30 billion in 2016
- With growth in the e-commerce industry, online retail is estimated to reach US$ 70 billion by 2020 from US$ 3 billion in 2014
On Mon, Jul 31, 2017 at 9:45 PM, virendra goel <goel.virendra@gmail.com> wrote:
I believe , in India, technology enabled on line retailers are still struggling. Google and Facebook are being used extensively as they are free. What is the status of other top brands ?
Regards
Virendra Goel
• Consumer-centric technology ecosystems are making brands indispensable. Consumers can increasingly carry out a variety of activities, from online shopping to watching television, under the banner of one brand and across multiple devices. This convenience for consumers also allows the most powerful brands to minimise the risk of consumer switching.
• New brands are increasingly born global, allowing them to grow rapidly. Technology allows businesses to provide their offerings globally from day one. This is fostering a new breed of entrepreneur, who is not restricted by the geographical or sector boundaries that have traditionally limited the speed and scale of growth.
• Traditional non-tech brands are adopting technology to innovate and increase consumer appeal. Fastest riser Adidas has introduced 3D printing to produce its footwear, for example, while fast food brand Domino's Pizza offers customers a real-time tracker for their order.
• The BrandZ Top 100 is getting younger. The average age of a brand is now 67 years, compared with 84 years in 2006, reflecting the entry of the newer technology brands and the emergence of brand China.
• Brands that make it clear how they will make consumers' lives better, such as Huawei and Toyota, have grown three times more on average over the last 12 years (the top third grew +170% compared to the bottom third which was +57%).
• Great communications puts a brand at an advantage. The top third in terms of strongest communications (including McDonald's and L'Oréal Paris) have grown 196% in value, compared with 47% for the bottom third. This is because they have successfully amplified the difference they have built.
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