
YRC Analyzes Lenskartโs Success in Dubai: Three Key Insights for Thriving in a Competitive Market
YRC shares three key insights on building a brand in Dubai, inspired by Lenskartโs success.
Get advise for E-commerce retail business : https://www.yourretailcoach.ae/contact-us/
๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฆ๐ต๐ผ๐ฝ๐ฝ๐ถ๐ป๐ด ๐๐ป๐๐ถ๐ฟ๐ผ๐ป๐บ๐ฒ๐ป๐
Often referred to as a global shopping destination for customers from all over the world, Dubai is home to almost every big fashion and luxury brand and some of the grandest malls in the world. Certain characteristics like sophisticated architecture, grand design, large spaces, soothing ambience, and world-class hospitality and customer service are common in all retail outlets intending to position themselves as premium brands in their respective sectors. Domestic and international brands and businesses targeting to put a foot in Dubaiโs premium retail space cannot avoid these prevalent benchmarks. Lenskart scores aye and high on these benchmarks leading to the creation of a premium shopping environment for its customers.
As a business fundamental, when it comes to deciding on the nature and quality of the shopping environment, the first prerogative is to resemble and fit into the prevailing market standards. A brand that sees itself in the premium segment must first assess the standards maintained by other similar and competing brands.
With a long history of delivering premium ๐ฟ๐ฒ๐๐ฎ๐ถ๐น ๐๐๐ผ๐ฟ๐ฒ ๐น๐ฎ๐๐ผ๐๐ ๐ฝ๐น๐ฎ๐ป๐ป๐ถ๐ป๐ด ๐๐ผ๐น๐๐๐ถ๐ผ๐ป๐, YRC maintains that availing professional assistance can help quickly get to the right solutions at the first go for a relatively long term as store layout and design once cemented cannot be easily changed.
๐๐ฎ๐บ๐ถ๐น๐ถ๐ฎ๐ฟ๐ถ๐๐ ๐๐ถ๐๐ต ๐ง๐ฎ๐ฟ๐ด๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐
The similarity of target segments provides a significant edge in replicating success in new markets. Lenskartโs success in a diverse market like India provides strong reasons to believe that it has a solid understanding of a wide range of customer segments.
To be a successful brand in South Asia indirectly takes a business closer to having a good understanding of a very big market.
People from South Asia present a strong community in the UAE especially, Dubai. This gives Lenskart the edge of familiarity with a large market segment in Dubai.
Get advise for E-commerce retail business : https://www.yourretailcoach.ae/contact-us/
๐ข๐บ๐ป๐ถ๐ฐ๐ต๐ฎ๐ป๐ป๐ฒ๐น ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
Dubai represents one of the highest smartphone and internet penetration rates (along with eCommerce shopping) in the world hinting towards a high presence of a tech-savvy population. On the other hand, Dubai is a place known for its world-class brick-and-mortar retail environment. In such a market, it becomes difficult for retail and eCommerce businesses to avoid adopting an omnichannel strategy. Lenskartโs omnichannel presence and operations in Dubai are a testament to that. As a service provider of ๐ผ๐บ๐ป๐ถ๐ฐ๐ต๐ฎ๐ป๐ป๐ฒ๐น ๐ฐ๐ผ๐ป๐๐๐น๐๐ถ๐ป๐ด ๐๐ผ๐น๐๐๐ถ๐ผ๐ป๐, YRC maintains that adopting omnichannel is a smart and necessary move (in relevant ways) in todayโs retail online and offline markets.
Strategic partnerships with renowned local/regional organisations are also an important factor as they can help new players quickly gain attention and traction.
To speak to a professional omnichannel consultant, and Get advise for E-commerce retail business : https://www.yourretailcoach.ae/contact-us/
Rupal Nikhil Agarwal
YourRetailCoach
+91 98604 26700
consult@mindamend.net
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What is Omnichannel Retailing? | Omnichannel for Retailing? | #retail #omnichannel #ecommerce

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