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Retail Trading
Retailing means the activities involved in
selling directly to the ultimate consumer for
personal and non business activities.
Characteristics of Retail Trade
Link between the Wholesaler & Consumer
Last in the Distributor Channel
Seller of Smaller Quantities
Cordial Relationship with Customers
Supplies Goods of Customers’ Taste
Attractive/ Display of Goods
Terms of Sale
Least Distance from Residence of Customers
Retailers’ Services to Wholesaler
Help in Distribution
Providing Market Information
Facilitate Large Scale Production
Sales Promotion
Personal Selling
Retailers’ Services to Consumers
Regular Supply
Wide Choice
Convenience in Buying
Credit Facility
Education
Personal Services
Types of Retail Organization
The stores having the same name, same design and dealing in the same
type of products under a single brand name. Bata shop, HMT watch
shop, McDonalds restaurant, etc.
These are the multiple shops. They sell similar range of commodities at
the same price in all their shops.
These shops are usually owned and run by big manufacturers /
producers. They open a number of branches at different localities in a
city or in different cities and towns in a country. Thus, these shops are
also called ‘Chain Stores’.
Large Scale Retailers
Multiple Shops/ Chained Stores
SUPER MARKET -
Self help System of buying – rack – Trolley.
A large self-service shop selling foods, household
goods, vegetables, fruits, groceries as well as durable
consumer goods at a reasonable price by eliminating the
middlemen
Large Scale Retailers
Super Markets
HYPER MARKET -
It require huge space – so it will be established out side the city.
A retail store that combines a department store and a grocery
supermarket. Hypermarkets offer a wide varietyof products such
as appliances, clothing, and groceries.
Mail Order Houses