What are the advantages and disadvantages of non store retailing?
advantage operating cost is low
disadvantage terms and condition hidden
disadvantage terms and condition hidden
7 people found this useful
I do all of my banking online. my checking account (usaa) has a 1% interest rate and I never pay an ATM fee. I get a $15 a month credit for the ATM fees that show on my accoun…t at the end of each month. due to the fact i do most of my bills online and my pay check is automatic deposit i never need cash. on the rare occasion that I do need to deposit a large amount of cash i would have to go to a currency exchange convert it to a check and mail it to my bank. In the 8 years that I have done on line banking that happened once. My bank supplies me with self addressed paid postage envelopes to mail deposit checks. in short if you work a lot with cash and checks i suggest retail banking. Online banking is a lot easier if you do most of your bills online.
The advantages of a retailer is that they have many differentproducts available to the consumer. Retailers help the economy byproviding jobs and products. Disadvantages is the… overhead theyspend and the slowing of economy. Also the increase of internetsales slows down the retailers sales.
Advantage: Not having to travel for shops. Dis-Advantage: Gridlock when parking.
Advantages: - Value Addition - Employment Generation - Local/Nearest Availability
vending, direct retailing, direct marketing, electronic retailing
Depends on the state that you live in, most states have licensing requirements for certain types of businesses. Check with your local government offices to see if your specifi…c business needs a license.
It is cost effective and simple for companies to implement since it reduces the number of physical inventory counts. It is also accepted as a method of determining cost of goo…ds sold for income tax purposes by the IRS.
One major difference between store and non-store retailing islocation. To do store retailing, it has to have a physicallocation, or a "brick and mortar" presence that a custom…er canphysically go to. In non store retailing, there is no physicallocation for customers to pick up their good, and instead, they getthem through automatic vending machines, television, video,Internet, direct selling, and direct marketing.
The advantage of an itinerant retailer is that they are constantlyon the move and can often move wherever they feel the business willbe most successful. The disadvantage is th…at their is no customerloyalty and you will seldom be home.
The disadvantages of RetailMarketing
One advantage of non metals is that they don't conduct electricitywell. One disadvantage of non metals is that they are much moreunstable.
Advantages (to the customer) :- Multiple shops in one place - much more convenient. Better parking facilities (normally) Ability to shop around for prices more easily More …competition Potential for lower prices given the number of customers - economies of scale Usually bigger stores with wider range of products Larger stores have better facilities (eg better changing rooms) Disadvantages (to the customer) :- Prices can be inflated as people are prepared to pay for convenience. Price fixing - easy for similar companies to check each others prices and both keep high prices. Usually busy - some people don't like fighting for their personal space. Niche shops are usually not available in large retail parks. Doesn't benefit local trade (some high street shops will) - tends to be big corporate wholesalers
Some advantages to working in the retail trade include flexiblescheduling; and the ability to increase your pay with bonuses andcommission. Disadvantages of working with in th…e retail tradeinclude unreliable income and dealing with unhappy customers.
On line marketing Tele marketing Door services
Advantages: . There are no restrictions on who, how or where an entrepreneur should set up his/her business. The freedom to do what one wants to do is the biggest advantage i…n this form of business. It can be extremely fulfilling.. Disadvantages: . Because of the ease and flexibility of getting started, there can be a lot of competition in a particular area for a certain type of customer. Every business decision rests on the owner(s). There is no branding, no preset guidelines and a great deal of risk in this business model..