{"title":"Digitalization in the Retail Business: A Strategy to gain a Competitive Edge","authors":"Atul Kumar, Amol Gawande, Vinaydeep Brar","doi":"10.52711/2321-5763.2023.00020","DOIUrl":null,"url":null,"abstract":"Digitalization has penetrated all businesses, and retail is not an exception. The digital disruption has caused significant changes in which businesses were done. An important aspect of digitalization is that it has provided a competitive edge to business organizations. Retailers more digitally equipped are ahead in their business segment than those still stuck with the traditional brick-and-mortar structure. This paper evaluates the digital edge that retailers have leveraged to gain market share and stay ahead of their competitors. One hundred ten medium-sized retailers from Bengaluru were surveyed, and their view on the competitive edge of digitization to their business was ascertained. Findings suggest that retailers who have adopted digitalization have gained a significant competitive edge over others who have failed to do so or have been slow in adopting digitalization. The message for retailers is thus quite clear – stay digital and stay ahead in the competition.","PeriodicalId":41247,"journal":{"name":"Asian Journal of Management Cases","volume":"17 1","pages":""},"PeriodicalIF":0.1000,"publicationDate":"2023-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Journal of Management Cases","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.52711/2321-5763.2023.00020","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 2
Abstract
Digitalization has penetrated all businesses, and retail is not an exception. The digital disruption has caused significant changes in which businesses were done. An important aspect of digitalization is that it has provided a competitive edge to business organizations. Retailers more digitally equipped are ahead in their business segment than those still stuck with the traditional brick-and-mortar structure. This paper evaluates the digital edge that retailers have leveraged to gain market share and stay ahead of their competitors. One hundred ten medium-sized retailers from Bengaluru were surveyed, and their view on the competitive edge of digitization to their business was ascertained. Findings suggest that retailers who have adopted digitalization have gained a significant competitive edge over others who have failed to do so or have been slow in adopting digitalization. The message for retailers is thus quite clear – stay digital and stay ahead in the competition.
期刊介绍：
Asian Journal of Management Cases is a peer-reviewed journal that aims at providing high-quality teaching material to academics, consultants, and management developers, through cases on management practices in the socioeconomic context of developing Asian countries. The journal covers all administrative disciplines including accounting and finance, business ethics, production and operations management, entrepreneurship, human resource management, management information systems, marketing, organizational behaviour, strategic management, and managerial economics. Each issue of Asian Journal of Management Cases comprises four to five original case studies. Teaching cases should be accompanied with a Teaching Note (TN). Even though the TN will not be published, it is necessary for the review process and can be obtained by contacting the authors directly. Please refer to the online submission guidelines for details on writing a teaching note. AJMC does not publish pure research or applied research based on field studies (not case studies). The journal is published in March and September every year with thematically focused issues occasionally.
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