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Toy Retailing in India

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Identification of locations for the toy retail venture between Reliance and Hamleys

Table of Content:

1. Introduction 4

2. Problem Definition 4

3. Review of Literature 5

4. Research Gap Analysis 7

5. Problem objective 7

6. Data to be Used 8

7. Research Design 8

Type of research 8

Methodology 8

Primary Survey 8

Experiential Survey 8

Data Collection Method 9

Secondary Sources 9

8. Toy Industry In India: 9

Toys and Games 9

About Hamleys: History: 14

More about the store: 15

Different Products At Hamleys: 16

Other Attractions In Hamleys: 16

About Reliance Retail: 16

About the Joint venture: 17

9. Data Analysis and …show more content…

Giant toy stores since they do not manufacture their own products, attempt to develop brand loyalty to the stores themselves. The shopping experience itself is now sold to consumers. Retailers want customers to think of their stores as a destination, not a mere outlet for the distribution of products. Their goal is to move attention away from the products sold, which are available anywhere, even over the Internet, to the place where the products are sold. Diamond Toys, one of such specialty toy shops in USA emphasizes status, high quality, unique merchandise and excellent service. Their goal is to attract a wealthy, cosmopolitan clientele seeking unique, high-quality toys sold by solicitous, knowledgeable service workers. Hence, stores in the Diamond Toys chain are generally located in upscale shopping districts in major cities and are built to resemble amusement parks making them appeal to tourists as well as to the wealthy. Hence, the image the store wants to build for itself, the clientele it wishes to serve, play a major role in deciding store locations. A store which is interested in building an image of value for money and offers large discounts will probably locate itself in the city outskirts and depend upon the discount and variety if offers to lure customers to make the trip

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