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What is Retailing?

What is Retailing?

Assessment

Presentation

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Other

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9th Grade

•

Practice Problem

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Hard

Created by

Chee Soh

Used 8+ times

FREE Resource

18 Slides • 1 Question

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What is Retailing?

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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Fill in the Blanks

Retailers sell their products to customers through store retailing and

Type answer...

retailing.

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Store Retailing

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Store Retailing

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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Specialty
Stores
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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.

Specialty
Stores
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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.

Department Stores
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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.

Department Stores
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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.​

Convenience 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.

Convenience Stores
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Supermarkets
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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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Supermarkets
  • 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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Hypermarkets

Are extremely large stores that combine the features of supermarkets and department stores

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Hypermarkets
  • 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

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What is Retailing?

By Chee Soh

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