How do you define retailing?
retailing, the selling of merchandise and certain services to consumers. It ordinarily involves the selling of individual units or small lots to large numbers of customers by a business set up for that specific purpose.
What is Web based retailing?
Electronic retailing is the sale of goods and services through the internet. E-tailing can include business-to-business (B2B) and business-to-consumer (B2C) sales of products and services. Amazon.com (AMZN) is by far the largest online retailer providing consumer products and subscriptions through its website.
What is this retail?
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit.
What are the retailing activities?
These are:
- Store Administration and Management of Retail Floor.
- Inventory Management.
- Managing Receipts.
- Customer Service.
- Sales Promotion. The above mentioned activities when put together in a particular manner in which they will perform, are shown in fig. 14.1, as illustrated below:
What is retailing in e business space?
Definition: The Electronic Retailing also called as e-tailing or internet retailing, is the process of selling the goods and services through electronic media, particularly the internet. Simply, the sale of retail goods and services online is called as electronic retailing.
What is the difference between retail and etail?
Retail is the sale of goods on a physical location where the seller and the buyer meet in person. Whereas e-tail is the sale of goods on the internet where the transaction happens in a digital environment.
What is retailing?
Definition: Retailing is a distribution process, in which all the activities involved in selling the merchandise directly to the final consumer (i.e. the one who intends to use the product) are included. It encompasses sale of goods and services from a point of purchase to the end user, who is going to use that product.
What is retail in your own words?
Definition, Types, and Examples of Retail. Retail is the sale of goods to end users, not for resale, but for use and consumption by the purchaser. Retail involves the sale of merchandise from a single point of purchase directly to a customer who intends to use that product.
What is the role of retail marketing?
Retailing is one area of the broader term, e-commerce. Retailing is buying and selling both goods and consumer services. With more number of educated and literate consumers entering the economy and market, the need for reading the pulse of the consumers has become very essential. Retail marketing is undergoing radical restructuring.
What is another name for retail trade?
Alternative Title: retail trade. Retailing, the selling of merchandise and certain services to consumers. It ordinarily involves the selling of individual units or small lots to large numbers of customers by a business set up for that specific purpose.