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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. Liked the video? Like, comment & subscribe for more! Follow us on other social media platforms: Instagram: / mad_over_growth LinkedIn: / madovergrowth Twitter: / madovergrowth WhatsApp: https://whatsapp.com/channel/0029VaBZ... Follow Lalit Agarwal: LinkedIn: / lalit-agarwal-710a4751 Twitter: / lalitagarwal15 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 ---- Watch Previous Episodes with: Aseem Ghavri - • Ashneer Grover Cofounder Exposes Their Nex... Sachin Pabreja - • Dineout Rival EazyDiner Earns 900 Crores F... Aakash Anand - • Bella Vita Founder On Building 500 CRORE P... ---- 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. ---- About EasyLeadz: 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, https://bit.ly/3GqgAnt LinkedIn: / easyleadz Instagram: / easyleadz