Retail Sector Analysis: Australia and Nepal - A Detailed Report

This report provides a comparative analysis of the retail sectors in Australia and Nepal. It examines the structural differences, market dynamics, and growth potential of each sector. The report highlights key aspects such as the impact of the Australian Competition and Consumer Commission, the influence of global economic factors, and the role of technology and e-commerce. It further explores the challenges faced by retailers in both countries, including industrial relation laws, digital payment issues, and cultural aspects affecting consumer behavior. The analysis includes references to specific retailers like Bishal Bazar Supermarket and discusses the impact of international students and impulsive buying patterns. The report concludes with a summary of the key findings and offers insights into the future of the retail sectors in Australia and Nepal. The report is written based on research papers to identify the impact of retail sector in these two countries.

RETAIL MANAGEMENT
Name of the Student:
Name of the University:
Author note:

 Retail management is a process which facilitate
customers to choose merchandise as per preferences
and for their ultimate use.
 Australia's Retail Sales increased around 3.7 % Y-o-Y
in 2018, compared with a 3.7 % increase in the
previous year. Australian retail sector is segmented
based on product category, supply network and
market dynamics (Hasan 2016).
 Nepal retail sector is growing by around 15% which is
higher than international growth rate averaging
around 2-3%.
Introduction

 Australian Competition and Consumer
Commission helps in determining particular
market structure to elevate competition in
the Australian market.
 Australia’s export sector lately is under
threats from global economy especially due
to the US-China trade war and Brexit.
Structural Difference between
Australian and Nepalese Retail
Sector

 Majority of local as well as global producers and
sellers in Nepal retail sector dispense their
products via old-style three-fold distribution
system such as manufacturer to wholesaler or
supplier to retailer.
 However, services are likely to raise at an
average rate of around 6.3% per year by 2020.
 Reliable payment inflows will maintain growth in
retail and wholesale trade (Liu, Margaritis and
Qiao, 2016).
Continuation

 The potential size of Australian retail from 2017
to 2022 has been estimated to be around $556
billion with nearly 187,055 businesses executing
their businesses within that sector
 Advanced technology with efficient logistics is
likely to recuperate the path for cross-border e-
commerce in Australia (Price 2016).
 This will benefit Australia with the entry of
international entrants in the Australian market.
Potential size and profitability of Retail
Sector of Australia

 Kumaripati and Sherpa Mall have advanced
Nepalese retail sector.
 Bishal Bazar Supermarket is likely to become
must-visit desirability for local tourists besides
city-dwellers.
 Bishal Bazar Supermarket has facilitated
Nepaleses to be exposed to global shopping
experience.
Potential size and profitability
of Retail Sector of Nepal

 Buyers inclines greatly on online facilities and
convenient shopping with extensive range of
products.
 Nepalese retailers as younger customers are
significantly open to numerous modern food
product choices which usually include imported
drinks obtainable on various e-commerce sites.
 Nepalese retailers encounter defies in digital
payment procedures, as the business still faces
technical malfunctions while using digital wallets
(Rajbhandariand Intravisit 2019).
Challenges Faced by Australian and Nepalese
retailers

Industrial relation laws posing
threats to Australian retailers
 Australian retail industry is facing issues of
high carbon taxation charges along with an
increase in employee superannuation
outlays with around 2.6% pay increase in
the retail award.
 Australian sector has been associated with
new obligations in order to consult on shift
transformations (Rajbhandariand Intravisit
2019).

 Nepalese retailers have
few options available
for digital payment,
while numerous
companies recently
claim to deal with
digital payment
solutions
 Nepal’s cabinet
approved a new IPR
policy that has been
used as the groundwork
to formulate a draft Law
on IPR
Industrial relation laws posing
threats to Nepalese retailers

 Australia largely comprises of number of
international students who you currently is
considered as one of the major consumers of
Australian retail market.
 younger consumers are seen to be impulsive
buyers, who generally purchase frozen foods, juices
and ready to eat noodles (Hasan 2016).
 hyper-local offer from an iconic Australian brand
can provide symbolic importance to the Australian
retailers which global competition cannot provide.
 Nepal does not witness any case the impulsive
purchase
Cultural aspects affecting
retailing in Australia and Nepal

 Australian retail has been making significant
developments in business which is enabling
global retailers to enter into the market.
 Nepal retail sector should progress more by
introducing more retailers like Bishal Bazar
Supermarket to attain greater profitability.
Conclusion