McKinsey has reported that personalization drives up to 15% more revenue growth and improves marketing-spend efficiency by up to 30%. Phygital retail drives personalization, leading to sales and is slowly becoming the talking point for retailers all across the globe. Phygital is the buzzword and this issue is all about getting to the depths of phygital retail via thoughts and ideas put forth by leading retailers from across India. We are awaiting hear more and get more insights, as we get ready to make way for the Phygital Retail Convention, scheduled for 10th and 11th November, 2021 at the Renaissance Hotel, Mumbai.
Phygital Retail Convention (PRC) is India’s go-to retail intelligence event of 2021. Through the event we aim to bring together multiple stakeholders in global retail businesses to hack the most critical disruption-ready strategies around consumer behaviours, technology and innovation. A powerful blend of panel discussions, talks and masterclasses, zoned exhibitions to showcase tech solutions, innovations in products, services, retail spaces, ideas and concepts awaits you. In addition, you will be able to discover and experience advanced solutions from technology solution providers and innovators presenting success stories of trailblazing retail business transformations from across the world.
In this issue we also bring to you the ‘India Retail Reboot 2021’. As per the findings of the report, India’s organised retail stock reaches 64.3 Mn Sq. ft. as of H1 2021 and is expected to cross 82 Mn Sq. ft. by 2023. Delhi, Bengaluru, and Hyderabad are leading the sector’s growth. This is a good sign and pushes us feel optimistic about the retail sector. We also capture the household penetration for FMCG companies in this issue and understand how it is key to the growth of this sector.
This issue also uncovers the success stories of prominent D2C startups to bring to you a milieu of interesting growth stories and market journeys. All in all, we are happy to witness a positive nip in the air that spells growth and is bound to push retail to new heights in the last quarter of this year.