MBA in Retail Business | Lalit Aggrawal - V-Mart | Bada Business Podcast by Dr Vivek Bindra
Welcome to the very first episode of “The Bada Business Podcast.” In this episode, Dr Vivek Bindra sits down with Lalit Agarwal, Founder & MD of V-Mart, to explore how a small retail venture grew into one of India’s leading retail chains with over 525 stores across UP, Bihar, and tier-2 & tier-3 cities. Lalit shares the secrets behind V-Mart’s phenomenal growth, including strategic store locations, customer loyalty, inventory management, and empowering store managers. He explains why physical retail continues to thrive alongside digital channels and how a regional focus, customer-centric strategies, and operational excellence have driven sustainable success.Key Highlights & Insights:
🛍️ How V-Mart created affordable fashion stores in tier-2 & tier-3 towns
👥 Serving 6 crore annual customers with repeat customers contributing 72% of sales
🌍 Strategic focus on UP & Bihar markets for operational efficiency and high customer engagement
💻 Complementing physical stores with a digital presence via LimeRoad while maintaining 90% offline revenue
⚠️ Common retail mistakes and lessons for emerging retailers
📏 Importance of sales per square foot & inventory turnover for profitability
👥 Employee retention & engagement strategies for reducing attrition in retail
🚀 V-Mart’s vision to expand to 1,000 stores and employ 20,000 people by 2029
Why Watch This Video?
Learn retail growth strategies in India for tier-2 & tier-3 cities.
Understand the role of customer lifetime value and repeat business in retail success.
Explore data-driven inventory & store management for operational efficiency.
Gain insights into empowering store managers and creating a motivated workforce.
Discover the balance between offline retail dominance and digital complement.
Get practical tips for scalable retail expansion and sustainable growth.
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✅ Develop Effective Leadership Skills – Lead with confidence and clarity.
📈 Master Advanced Business Strategies – Gain cutting-edge insights for success.
🎯 Receive Personalized Coaching & Advice – Get expert guidance tailored to your needs.
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🙌 Enhance Customer Experience & Satisfaction – Build lasting customer loyalty.
📚 Learn 52 Powerful Business Frameworks – Covering marketing, operations, and more!
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