CAT Prep

RTI Response

Rankings

Placements

Score Vs. %ile

Salaries

Campus Tour

Upskill

Career Show

The Future Of Shopping - Strategy With RS

Nov 24, 2015 | 2 minutes |

Join InsideIIM GOLD

Webinars & Workshops

Compare B-Schools

Free CAT Course

Take Free Mock Tests

Upskill With AltUni

CAT Study Planner

CUET-PG Mini Mock 2 (By TISS Mumbai HRM&LR)

Participants: 418

CUET-PG Mini Mock 3 (By TISS Mumbai HRM&LR)

Participants: 176

CUET-PG Mini Mock 1 (By TISS Mumbai HRM&LR)

Participants: 770

MBA Admissions 2024 - WAT 1

Participants: 241

SNAP Quantitative Skills

Participants: 515

SNAP Quant - 1

Participants: 952

SNAP VARC Mini Mock - 1

Participants: 949

SNAP Quant Mini Mock - 2

Participants: 361

SNAP DILR Mini Mock - 4

Participants: 245

SNAP VARC Mini Mock - 2

Participants: 440

SNAP Quant Mini Mock - 4

Participants: 187

SNAP LR Mini Mock - 3

Participants: 250

SNAP Quant Mini Mock - 3

Participants: 207

SNAP VARC Mini Mock - 3

Participants: 298

SNAP - Quant Mini Mock 5

Participants: 53

XAT Decision Making 2020

Participants: 449

XAT Decision Making 2019

Participants: 349

XAT Decision Making 2018

Participants: 448

XAT Decision Making -10

Participants: 586

XAT Decision Making -11

Participants: 457

XAT Decision Making - 12

Participants: 417

XAT Decision Making - 13

Participants: 352

XAT Decision Making - 14

Participants: 354

XAT Decision Making - 15

Participants: 396

XAT Decision Making - 16

Participants: 468

XAT Decision Making - 17

Participants: 511

XAT Decision Making 2021

Participants: 518

LR Topic Test

Participants: 2741

DI Topic Test

Participants: 1241

ParaSummary Topic Test

Participants: 2106

Shoppers love to shop. And when it comes to shopping for a dress, they wish to try on as many as possible before finalising the one/s to buy. But trying on multitude of dress is extremely cumbersome & enervating experience.

Shoppers Stop realising this 'pain point' of its shoppers decided to leverage technology to reduce it.
It has launched an Augmented Reality based Dressing room.

This room contains a Magic Mirror in which a shopper can ‘view’ herself adorned in new dress along with the accessory - without having to physically try them on. View the reference CISCO video below. (Disclosure: This may not the solution which Shopper’s Stop has implemented.) Business Lesson for us?

1. Identify Customer 'Pain' points.
2. Devise a solution, which will either reduce or eliminate them.
3. Explore the possibility of using technology in both identifying & then drawing up plan to either reduce & / or eliminate them.

  ———-   In this series, Rajesh Srivastava, Business Strategist and Visiting Faculty at IIM Indore gives you a regular dose of strategy case studies to help you think and keep you one step ahead as a professional as compared to your peers. Rajesh is an alumnus of IIM Bangalore and IIT Kanpur and has over 2 decades of experience in the FMCG industry. All previous Strategy with RS posts can be found here