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Retail industry includes all set of activities to sell the goods or services to the final consumers for personal, non business use. There are three types of retailers:1) Store retailers: operates on a fixed point of sale and depending upon the certain criteria they are divided into Department store, Discount Stores, Specialty Store, Category Killer, Convenience Store, Off-Price Retailer, Warehouse Clubs. 2) Non-store retailers: use various methods such as broadcasting of "infomercials" direct response advertising etc. They are categorized as Direct Selling, Direct Marketing, Automatic Vending and Buying Service. 3)Corporate Organization: achieve economies of scale, greater purchasing power wider brand recognition and better trained employees because of the central buying of the merchandising. They are classified as Corporate Chain Store, Voluntary Chain, Retailer Co-operative, Consumer Co-operative, Franchise's Organization and Merchandising Conglomerate.

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What are different types of retailers?

The different types of retailers are. door to door, street vendors, vending machine, supermarkets, hypermarket, franchise shops, catalogues,....etc


What are retailers and manufacturers?

Retailers- A business which sells goods to the consumer, as opposed to a wholesaler or supplier which normally sell their goods to another business. Retailers include large businesses such as Wal-Mart, and also smaller, non-chain locations run independently such as a family-run bookstore Manufacturer- Entity that makes a good through a process involving raw materials, components, or assemblies, usually on a large scale with different operations divided among different workers. Commonly used interchangeably with producer.


How can small scale retailers survive in a high inflation economy?

although, many business do not need highly inflectional rate, but to survive different techniques is needed


What is a process used by some retailers to study trends?

data miningRetail data mining is the process used by large retailers to study trends.


Which type of promotion uses buying allowance push money free goods?

The type of promotion that uses buying allowances, push money, and free goods is known as trade promotion. This strategy is designed to incentivize retailers or distributors to stock and promote a manufacturer's products. Buying allowances offer discounts on bulk purchases, push money rewards salespeople for selling specific items, and free goods encourage retailers to increase their inventory. Together, these tactics aim to boost product visibility and sales in the retail environment.

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Functions performed by retailers?

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