Lalit Agarwal, V Mart Founder on building Retail Chain for AAM AADMI
In this most exciting episode, Nitin Bajaj talks with Lalit Agarwal, Founder & MD at V-Mart, India's largest retail store. He has more than 16 years of rich experience in the retail industry. With a vision to establish the concept of “value retailing” in certain untapped regions of India, he set up units of retail stores under the brand name “V-Mart” in the year 2003.
Today, we will learn how he built a retail business worth 4000 crores, his secret sauce for customer retention, how to start a retail business, challenges in this industry, and dead stock management.
The podcast embarks on the various aspects of the retail industry, Planogram planning, top qualities to consider while hiring, partnership with LimeRoad, and the future of V-Mart.
Watch this podcast till the end.
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CHAPTERS:
00:00 Introduction
01:50 About Lalit Agarwal
04:20 Started Printing Press at the age of 19
07:22 Interesting fact about Vishal Mega Mart
08:28 Strategy behind scaling V-Mart
12:57 Major learnings from V-Mart
20:29 How to start a Retail business?
23:26 His secret sauce to attract customers
27:16 India is a price-sensitive market
30:07 Challenges in Retail Industry
33:00 Dead Stock Management
36:16 Data Led Decision
39:07 Planogram Planning
44:23 Profitability of V-Mart stores
48:35 Hiring qualities to consider
50:58 Partnership with LimeRoad
56:17 Future of V-Mart
#VMart #Retail #Business #LalitAgarwal #LimeRoad #Business #SuccessStory #Podcast #MadOverGrowth #NitinBajaj
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Watch Previous Episodes with:
Aseem Ghavri - [ Ссылка ]
Sachin Pabreja - [ Ссылка ]
Aakash Anand - [ Ссылка ]
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About Mad Over Growth:
Mad Over Growth is a podcast series of insightful conversations with growth-minded individuals & brings you their strategies & anecdotes of success.
Hosted by Nitin Bajaj, founder of EasyLeadz - a bootstrapped & profitable SAAS startup that helps over 300K+ businesses generate leads for their business.
This podcast is produced by EasyLeadz.
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EasyLeadz is the easiest way to find B2B contact numbers of professionals & decision-makers with just one click. Our hit rate and the accuracy of the numbers are probably the best in the industry. Actions speak louder than words, try it out for free, [ Ссылка ]
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Credits:
Editor: Nitin Kumar & Abu Talha
Location Courtesy: Guftagu Comedy Club
