
What is Retailing?
Presentation
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Other
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9th Grade
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Practice Problem
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Hard
Chee Soh
Used 8+ times
FREE Resource
18 Slides • 1 Question
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By Chee Soh
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Retailing consists of all the activities needed to sell goods and services to customers. Retailing is important as it helps to bring the products produced by manufacturers to customers.
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Retailers sell their products to customers through store retailing and
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Store retailing involves the sale of products from a permanent physical store. It can be grouped into five main types, depending on the characteristics of the store: specialty stores, department stores, convenience stores, supermarkets and hypermarkets
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sell a specific range of products and related items such as clothing, books and stationery, and medicine and toiletries.
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sell a specific range of products
have a distinct image
offer personalised service and
offer expert knowledge about the range of products.
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large retail stores that provide shoppers with a one-stop shopping experience by offering a wide variety of products. These stores are divided into sections known as departments, each of which displays a particular kind of product.
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occupy more than a floor;
be located at major shopping centres;
provide a wide variety of products from children's wear to kitchen appliances;
have staff with specific expertise in products in each department; and
provide a range of after-sales services such as delivery, gift wrapping or clothing alteration.
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Small, neighbourhood-based stores that usually open for long hours. Most convenience stores open 24 hours a day, 7 days a week. For the convenience of getting what they need easily, customers pay slightly higher prices for the items compared to each stores.
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long operating hours
a limited variety of basic, inexpensive and fast-moving products which include both food and non-food items
be located in neighbourhoods, along busy roads or at petrol stations; and
encourage self-service.
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Are large stores that offer a wide selection of food and household items. These items are arranged on rows of shelves organised according to sections.
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sell a variety of food products such as fresh produce, canned good and dairy products.
sell a range of household items
offer competitive prices and
encourage self-service
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Are extremely large stores that combine the features of supermarkets and department stores
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occupy extremely large store spaces
sell an enormous range of products including a full range of groceries, household products, clothing and electrical appliances.
offer competitive price
use tall basic display racks arranged by section
encourage self-service
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Non-Store Retailing
E-retailing
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Vending machines
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Non-Store Retailing
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Pushcarts
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Non-Store Retailing
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Pop-up retailing
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Non-Store Retailing
By Chee Soh
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