Sunday, May 06, 2007
Today's market trend
Hi,
I am writing this article for the sake of person who is planning to start business in India.
There are few things I would like to notify before I will discuss the market trend.
1. India's economic growth gone approximately 10%.
2. People are going for cheaper place to purchase their needs.
3. Retails shop are increasing in India day by day.
4. Every gadget from mobile to car to aero plane everything is using or planning to use electronic device which in turn using software on it to control smoothly.
Software is getting money and travel loosing money.
6. People reducing their time of travel and want cheaper and more places to see in other sense globe are going to become more and more small.
I can see people prefer to go Big bazaar, Food Bazaar, or Food World or Reliance Fresh.
Lets first discuss differences small shop keeper and Big retails chain.
One thing I would like to tell you before going ahead.
Business is making money not just to spend life over profit.
I mean to say make target high.
So let’s begin,
1. Big retail shop use software to control operation and keep shop very clean but not all small retail shop.
2. Big retail shop gives variety or option for your need but not all small retail shop.
3. Big retail shop give discount on your need but not all small retail shop.
4. Big retail shop use to be in prime location but not all small retail shop.
So we can see that this extra thing does not cost much. In place of that, it is giving very transparency in work and the accounts.
In India, we can see people (professionals) use to live in Tier 1 cities like Bangalore, Delhi, Kolkata Chennai, and Mumbai. But still market is open for second tier cities and there are very much opportunity for a person to start business there and also in Tier 3 cities. We can find that people live in tier 1 for easiness of life like everything access is easy.
So if government will give stress on second tier cities, they can also get these facilities and people will not insist on tier 1 city. Also there are lot of money is available. There is only need of only person should take initiation and only they try to remove the differences between normal and big retails plus give credit on debit card facilities.
2. Now from railway to any restaurant people look for surety, whether availability will be there.
If yes then they start. It’s very cheap to use software. There are many small software companies give cheap software to them so person should use to communicate with people about availability because first impression is near by last impression.
If we can see that telecomm sector Airtel is getting highest connection and 94% profit.
Reason is so simple Airtel apart from Tier1 cities; it covers all area in India. From in–coming only Airtel can get more profit then Hutch but Hutch only concentrate on major cities, no village. So it is better idea to in my view’s is that person pursuing to start business should concentrate on at least tier 2 cities like Lucknow, Bhopal, patna, and tier three.
So why late, Just starts.
Even people living in major cities are tired of pollution Traffic jam and they are looking for places with coolness and all facilities.
Send me your feedback and your view and the area, where I am lacking.
To Mukesh.kr.modi@gmail.com
I am writing this article for the sake of person who is planning to start business in India.
There are few things I would like to notify before I will discuss the market trend.
1. India's economic growth gone approximately 10%.
2. People are going for cheaper place to purchase their needs.
3. Retails shop are increasing in India day by day.
4. Every gadget from mobile to car to aero plane everything is using or planning to use electronic device which in turn using software on it to control smoothly.
Software is getting money and travel loosing money.
6. People reducing their time of travel and want cheaper and more places to see in other sense globe are going to become more and more small.
I can see people prefer to go Big bazaar, Food Bazaar, or Food World or Reliance Fresh.
Lets first discuss differences small shop keeper and Big retails chain.
One thing I would like to tell you before going ahead.
Business is making money not just to spend life over profit.
I mean to say make target high.
So let’s begin,
1. Big retail shop use software to control operation and keep shop very clean but not all small retail shop.
2. Big retail shop gives variety or option for your need but not all small retail shop.
3. Big retail shop give discount on your need but not all small retail shop.
4. Big retail shop use to be in prime location but not all small retail shop.
So we can see that this extra thing does not cost much. In place of that, it is giving very transparency in work and the accounts.
In India, we can see people (professionals) use to live in Tier 1 cities like Bangalore, Delhi, Kolkata Chennai, and Mumbai. But still market is open for second tier cities and there are very much opportunity for a person to start business there and also in Tier 3 cities. We can find that people live in tier 1 for easiness of life like everything access is easy.
So if government will give stress on second tier cities, they can also get these facilities and people will not insist on tier 1 city. Also there are lot of money is available. There is only need of only person should take initiation and only they try to remove the differences between normal and big retails plus give credit on debit card facilities.
2. Now from railway to any restaurant people look for surety, whether availability will be there.
If yes then they start. It’s very cheap to use software. There are many small software companies give cheap software to them so person should use to communicate with people about availability because first impression is near by last impression.
If we can see that telecomm sector Airtel is getting highest connection and 94% profit.
Reason is so simple Airtel apart from Tier1 cities; it covers all area in India. From in–coming only Airtel can get more profit then Hutch but Hutch only concentrate on major cities, no village. So it is better idea to in my view’s is that person pursuing to start business should concentrate on at least tier 2 cities like Lucknow, Bhopal, patna, and tier three.
So why late, Just starts.
Even people living in major cities are tired of pollution Traffic jam and they are looking for places with coolness and all facilities.
Send me your feedback and your view and the area, where I am lacking.
To Mukesh.kr.modi@gmail.com
# posted by Mukesh Modi @ 1:12 AM 
