Enabling Growth & Revenue

After a break, the retail industry is back on track and is thriving with people on the street and on the digital platform. The retail market size in the country is expected to amount to $1.7 trillion by 2026. This not only include the traditional offline and the modern online retail platforms but also Alt retail, which is a new jargon in the retail market. If you wonder what is Alt retail, it is about providing products on rental, servicing, resales, and experience; and subscription-based services have redefined retailing as alternate (Alt) retail.

This indeed will open up new paradigm for the industry but the challenges will also mount to numerous. The industry still lacks technology adoption, and is dealing with poor logistics and infrastructure, inefficient supply-chain management, price war, the increasing fraud in retailing, tax structure and bureaucracy, lack of customer understanding and more. And with 100 percent FDI in the online retail of goods and services, the prospect is more bright. However enabling the industry to reap the benefits and accomplish what it needs to rule the roost are retail consultants. They not just help you establish a more defined growth path, but walk with you through the very beginning of the concept right through selecting the domain, to picking the right place, establishing the digital presence, sales & marketing and more.

Understanding the need of the hour and the challenge retail industry is currently undergoing, siliconindia Consultants Magazine bring to you an edition that will help you pick your growth partner. Our current edition `10 Most Promising Retail Consultants ­ 2021' is an effort to bring to you the story of some of the most renowned and promising retails consultants who have transformed the revenue and businesses of their clients. Read to know more about them.

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