Provide inputs to the RBM to consolidate the potential sales in the region and develop the annual business targets for the respective regions
Develop and approve the annual business targets of the franchise partners
Develop and seek approval on the manpower optimization strategies for the retail function
Monitor the financial performance of company owned and franchised stores against targets periodically
Develop and implement reporting & review mechanisms to track operational performance and ensure course correction and; corrective action, as appropriate.
Study market potential, benchmark the competition in different cities and create plans for expansion and present the same to seek approval from the RBM Identify and conduct feasibility study on potential properties in the identified cities with the help of BD team
Identify and conduct feasibility study on potential franchisee partners in the identified markets
Create the ROI projections for the new upcoming stores and seek approval from the RBM
Create and propose the annual budgetary requirements for new store profitability
Create and seek approvals on annual marketing plans, BTL activities and budgets for regions/ stores
Design & develop activity for the retail initiatives in stores and marketing support in terms of VM updating, gift with purchase introduction & promotions etc. with expected ROI calculations
