Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday 19 September 2018

Jio Hubs : Entrepreneurs Apply






Extract :
The aim is to leverage the strengths of units  Reliance Retail Ltd’s physical stores and Reliance Jio Infocomm Ltd’s digital infrastructure  to boost sales in smaller towns, which have largely been untouched by modern retail and online shopping.

The Jio Hubs project is in line with Ambani’s vision to bring together telecom, retail and e-commerce to become a technology platform.

Reliance Jio Hubs could showcase what is available and act like experience centres.

Most importantly, these hubs could also hold inventory and act as warehouses as it satisfies the 100% India owned requirement under the draft e-commerce policy

The company plans to set up close to 800 such Reliance Jio Hubs which will sell all consumer items under Reliance

The plan to reach local markets, know local merchants and local customers assumes significance given a large chunk of Indian population still shops offline.


A few weeks ago , I conceptualized  the Reliance game plan as far as retail is concerned


In my following blog , I covered specific STRATEGIES  that Reliance could be expected to execute in respect of :


{  for details , read :  MA = DA x 4,000,000  }




·         SALES

          All of your merchandize will be available for selection / ordering on our ONLINE web
          portal 

         This online presence of your merchandize will expand / extend your " reach " to

         thousands of consumers in your neighbourhood




·         SUPPLY 

      
            We will deliver to your store , all merchandize on " Consignment " basis

           This means , you do NOT need to pay us for what we deliver to you store !


·         INVENTORY


         On a continuous basis , our web server will keep a track of each and every item of
         merchandize sold from your stores

         Our Server will calculate , your " Stock Movement




·         DELIVERY


         Not only we will deliver the merchandize to your store , but we will also pick up "
         ordered Items " ( for ONLINE orders only ) , from your store and deliver the same to
         your customers  !


·         
FINANCE 

         As explained earlier , you will have a bare minimum need for " Working Capital " ,
         since all of your stock will be on " Consignment " basis

         We will collect the " ONLINE  PAYMENTS " directly from the customers and " Credit "
         the same to your " online sales account " with us  


·         MARKETING 

          Not only will we carry out all marketing for your ONLINE sales , we will help you
          With your OFFLINE marketing , through introduction of the following technology-
          enhanced features :
       
       ====================================================


And then I added ( I assure you , I have no inside information  ) :



Reliance has plans to take on lease , thousands of premises and offer the same to " unemployed graduates ( preferably , tech savvy )" to set up such retail shops 


Without need for " fixed " or " working " capital , we hope to be able to attract many to become our franchisees 


Of course , it is not going to be a “ walk over “ for Reliance, what with ,






Dear young unemployed Indians,



Seize this opportunity .  Rush your profile to Reliance Retail  !




20  Sept  2018

www,hemenparekh.in / blogs 


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