Types of retailers’ middlemen
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The document discusses different types of retailing. It describes itinerant retailers like hawkers, peddlers, cheap jacks, and street traders who move from place to place selling goods. Fixed shop retailers have permanent stores, including street stall holders and second-hand goods dealers. Small scale retailers are independent stores, automatic vending, and discount houses. Large scale shops include department stores, chain stores, supermarkets, and hypermarkets located outside cities. Other types are mail order shops, cooperative societies, and hire purchase/installment selling.
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Types Of Retailing In India
The document discusses the major types of retailing in India. It notes that while retailing has existed for centuries, it is only recently that large corporate players have entered the market, bringing modern retail formats like supermarkets and shopping malls. Retail in India is categorized as either organized or unorganized, with the latter making up around 92% of the market and including small mom-and-pop stores. The organized retail sector includes various formats such as department stores, supermarkets, hypermarkets, convenience stores, and branded specialty stores.
Retail trade
Retail trade involves the sale of goods directly to consumers. There are various types of retailers including itinerant retailers like hawkers and peddlers, fixed shop retailers like small stores and large stores like department stores. Retailers provide services to both producers such as promotion, and consumers such as regular supply and credit. Documents used in internal trade include invoices, debit notes, credit notes, and receipts.
Wholesaling
Wholesaling involves purchasing large quantities of goods from manufacturers and reselling smaller quantities to retailers. Wholesalers aggregate products, store and transport goods, take on risks, and provide market information to help manufacturers and retailers. They break bulk, distribute goods to many small retailers, and help maintain price stability. Wholesalers can offer full services like warehousing, financing and promotions, or limited services through cash-and-carry or drop shipping models.
Retail management
Retail management involves overseeing the business activities involved in selling goods and services to consumers. Key issues retailers must address include serving customers profitably while standing out competitively. Retailers act as an intermediary between manufacturers, wholesalers, and consumers by sorting products and facilitating transactions. Developing a retail strategy that focuses on customers, coordinates efforts, is value-driven and goal-oriented is important for success. Retail institutions can be classified as either store-based using a mix of strategies or nonstore-based using nontraditional approaches like direct marketing.
Indian retail ppt
The document discusses the concept and evolution of retailing in India. It defines retailing as the final step of distribution involving the sale of goods and services to final consumers. Retailing in India has evolved from traditional small family-run stores to the modern organized sector with shopping malls and complexes. Currently, over 90% of Indian retail remains unorganized while organized retail is a growing sector.
Retail Management
The document discusses concepts in retail management. It begins by defining retailing as the sale of goods and services to consumers for personal use. It then discusses the role of retailers in linking producers to customers. Organized retailing makes up only 2% of the Indian retail sector currently but is growing rapidly. Factors like rising incomes and lifestyle changes are contributing to the growth of organized retail formats in India. The retail environment in India differs from western countries in aspects like urban congestion and rural populations.
Retail formats
Retail formatsPrin. L. N. Welingkar Institute of Management Development & Research (WeSchool), Mumbai
The document discusses different types of retail formats. It describes store-based formats like convenience stores, supermarkets, hypermarkets, department stores, specialty stores, off-price retailers, and catalogue showrooms. It also discusses non-store formats. The key factors in classifying retailers are ownership type (independent, chain, franchise), merchandise offered (food, general), target market, and store size. Larger formats that have emerged include superstores, hypermarkets, and big box retailers with very large store sizes.1. Basics of retailing, Types of retailers
Retail Management Notes, Basics of Retail Management, Classification of Retailers, Types of Retailers, Scope of Retailing, Functions of Retailers, Role of Retailers in Distribution Channel, Indian retailscape, organized and Unorganized Retailers,
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Types Of Retailing In India
The document discusses the major types of retailing in India. It notes that while retailing has existed for centuries, it is only recently that large corporate players have entered the market, bringing modern retail formats like supermarkets and shopping malls. Retail in India is categorized as either organized or unorganized, with the latter making up around 92% of the market and including small mom-and-pop stores. The organized retail sector includes various formats such as department stores, supermarkets, hypermarkets, convenience stores, and branded specialty stores.
Retail trade
Retail trade involves the sale of goods directly to consumers. There are various types of retailers including itinerant retailers like hawkers and peddlers, fixed shop retailers like small stores and large stores like department stores. Retailers provide services to both producers such as promotion, and consumers such as regular supply and credit. Documents used in internal trade include invoices, debit notes, credit notes, and receipts.
Wholesaling
Wholesaling involves purchasing large quantities of goods from manufacturers and reselling smaller quantities to retailers. Wholesalers aggregate products, store and transport goods, take on risks, and provide market information to help manufacturers and retailers. They break bulk, distribute goods to many small retailers, and help maintain price stability. Wholesalers can offer full services like warehousing, financing and promotions, or limited services through cash-and-carry or drop shipping models.
Retail management
Retail management involves overseeing the business activities involved in selling goods and services to consumers. Key issues retailers must address include serving customers profitably while standing out competitively. Retailers act as an intermediary between manufacturers, wholesalers, and consumers by sorting products and facilitating transactions. Developing a retail strategy that focuses on customers, coordinates efforts, is value-driven and goal-oriented is important for success. Retail institutions can be classified as either store-based using a mix of strategies or nonstore-based using nontraditional approaches like direct marketing.
Indian retail ppt
The document discusses the concept and evolution of retailing in India. It defines retailing as the final step of distribution involving the sale of goods and services to final consumers. Retailing in India has evolved from traditional small family-run stores to the modern organized sector with shopping malls and complexes. Currently, over 90% of Indian retail remains unorganized while organized retail is a growing sector.
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The document discusses concepts in retail management. It begins by defining retailing as the sale of goods and services to consumers for personal use. It then discusses the role of retailers in linking producers to customers. Organized retailing makes up only 2% of the Indian retail sector currently but is growing rapidly. Factors like rising incomes and lifestyle changes are contributing to the growth of organized retail formats in India. The retail environment in India differs from western countries in aspects like urban congestion and rural populations.
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The document discusses different types of retail formats. It describes store-based formats like convenience stores, supermarkets, hypermarkets, department stores, specialty stores, off-price retailers, and catalogue showrooms. It also discusses non-store formats. The key factors in classifying retailers are ownership type (independent, chain, franchise), merchandise offered (food, general), target market, and store size. Larger formats that have emerged include superstores, hypermarkets, and big box retailers with very large store sizes.1. Basics of retailing, Types of retailers
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2. Companies have a variety of alternative channels to choose from to reach customers, often using a mix to target different buyer segments.
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This document classifies and describes different types of retail formats and structures. It discusses store-based retailing which can be sole proprietorships, partnerships, joint ventures, department stores, discount stores, specialty stores, hypermarkets, independent retailers, chain retailers, franchises, and leased departments. It also covers non-store based retailing including direct selling, television shopping, and vending machine retailing.
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This document discusses the retail industry and organized retailing in India. It defines key terms like retailing, retailer, and organized versus unorganized retail. It notes that organized retail makes up only 2% of the Indian market currently but is growing rapidly. The retail industry is transforming in India as incomes rise, more people live in cities, and consumers aspire to new products and shopping experiences. Future projections estimate organized retail will capture 28% of the Indian market by 2017, representing rapid growth compared to other countries at similar development levels.
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Retailing is the act of selling products or services to people for their personal, non business use. A retailer is a business that specializes in the act of retailing primarily.
Retailing includes all the activities involved in selling goods or services directly to final customers for their personal, non business use. A retailer is any business enterprise whose sales volume comes primarily from retailing.
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The document provides information on retail management. It discusses the various processes involved in retail management, which help customers procure merchandise from stores for personal use. Retail management aims to provide a pleasurable shopping experience for customers. It also outlines different retail formats like convenience stores, supermarkets, and hypermarkets. The retail sector in India is transitioning from traditional small stores to organized retail formats. While organized retail is growing, around 90% of retail in India remains unorganized.
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This document discusses key elements of developing a retail strategy. It outlines why a retail strategy is important, including analyzing market requirements, outlining goals, differentiating from competitors, and coordinating efforts. It describes steps to develop a strategy, such as defining the target market and competitive advantages. Elements of a retail strategy are identified as the target market, retail format, competitive advantages, and criteria for selecting markets. Sources of competitive advantage and defining the organization's mission are also discussed.
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This document discusses marketing channels and distribution. It defines marketing channels as the interconnected organizations involved in making a product available for consumption. Channels of distribution include multiple levels from manufacturers to consumers, such as wholesalers and retailers. Intermediaries are middlemen that take ownership of goods and sell them for profit. Key intermediaries discussed are wholesalers, retailers, and agent middlemen like brokers. Important factors in choosing distribution channels include product characteristics, market forces, institutional capabilities, and environmental considerations.
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This document defines and describes different types of marketing intermediaries, including retailers, wholesalers, and logistical organizations. Retailers sell directly to final consumers, and include both store and non-store retailers like department stores, specialty stores, discount stores, vending machines, and direct marketing. Wholesalers sell goods and services to businesses for resale. Logistical organizations plan and control the physical flow of materials and goods to meet customer demand profitably.
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This document discusses various characteristics of retailers including the types of merchandise they sell, their level of customer service, pricing, and more. It describes different categories of retailers like supermarkets, department stores, discount stores, and specialty retailers. It also covers classification systems for types of merchandise and ownership structures for retailers like independent stores, corporate chains, and franchises.
types of retailers.
This document discusses different types of retailers, including food retailers like supermarkets, supercenters, warehouse clubs, and convenience stores. It also discusses general merchandise retailers such as department stores, discount stores, specialty stores, drugstores, home improvement centers, and off-price retailers. The document outlines the characteristics used to classify retailers, including merchandise type, variety/assortment, services offered, and price. It provides examples of different retailers and trends in retail formats.
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2. Companies have a variety of alternative channels to choose from to reach customers, often using a mix to target different buyer segments.
3. Alternative channels are described by the type and number of intermediaries used as well as the terms of responsibilities between members. Common alternatives include manufacturer direct to retail, manufacturer to wholesaler to retail, mail order, internet shopping, and factory direct to home or business.
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The document discusses physical distribution and distribution channels. It defines physical distribution as moving tangible products through distribution channels. Physical distribution management involves activities like order processing, inventory control, inventory location and warehousing, materials handling, and transportation. When designing marketing channels, marketers consider factors like setting distribution objectives, specifying distribution tasks, developing alternative channel structures, evaluating relevant variables, and selecting channel members. Channel structure dimensions include the number of levels, intensity at various levels, and types of intermediaries. Variables affecting channel structure are market variables, product variables, company variables, intermediary variables, and environmental/behavioral variables. The key is developing a channel structure that aligns with objectives and considers all relevant factors.
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This document classifies and describes different types of retail formats and structures. It discusses store-based retailing which can be sole proprietorships, partnerships, joint ventures, department stores, discount stores, specialty stores, hypermarkets, independent retailers, chain retailers, franchises, and leased departments. It also covers non-store based retailing including direct selling, television shopping, and vending machine retailing.
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This document provides an introduction to retailing and retail management. It defines retailing as the business activities involved in selling goods and services to consumers. It discusses key issues retailers face around serving customers profitably in a competitive environment. The document emphasizes that retailers should apply strategic planning principles and fully understand the basic principles of retailing. It presents frameworks for retail strategy and the strategic planning process. It also discusses the importance of customer service, relationship retailing, and taking a multi-channel approach.
Sales promotion ppt
This document discusses sales promotion tools and techniques. It defines sales promotion as marketing activities used to boost sales of a product or service. Some key tools of sales promotion discussed are free samples, coupons, discounts, and premium offers for consumers, as well as cash bonuses, stock returns, and credit terms for trade. The document also covers push and pull promotional strategies, with push strategies taking the product directly to customers and pull strategies building customer demand through advertising. In conclusion, it states that sales promotion refers to non-recurring short-term sales activities beyond advertising and are growing in popularity due to quick returns and ability to change attitudes.
retail marketing
This document discusses the retail industry and organized retailing in India. It defines key terms like retailing, retailer, and organized versus unorganized retail. It notes that organized retail makes up only 2% of the Indian market currently but is growing rapidly. The retail industry is transforming in India as incomes rise, more people live in cities, and consumers aspire to new products and shopping experiences. Future projections estimate organized retail will capture 28% of the Indian market by 2017, representing rapid growth compared to other countries at similar development levels.
Retail
Retailing is the act of selling products or services to people for their personal, non business use. A retailer is a business that specializes in the act of retailing primarily.
Retailing includes all the activities involved in selling goods or services directly to final customers for their personal, non business use. A retailer is any business enterprise whose sales volume comes primarily from retailing.
Distribution Channel/Marketing Channels by Amitabh Mishra
This presentation talks about Place decision of marketing strategy. It presents fundamentals of Distribution Channels or Marketing Channels, functions of intermediaries, types and levels of channels, and channel management.
Role of middleme and inventory
The document discusses the roles of middlemen and importance of inventories in marketing management. It was prepared by Sadan Nomiani and Sharad Singh under the guidance of Dr. Yasir Arafat Elahi Sir. The key points covered include the functions of middlemen such as facilitating the flow of goods between producers and consumers, types of middlemen like wholesalers and retailers, and importance of maintaining inventories to ensure continuous production and meet customer demand.
Management of a Retail brand
1. Brand management includes analyzing how a brand is positioned in retail and maintaining its reputation.
2. Brand equity represents the added value provided to a product from past marketing investments. It links past brand performance to future brand actions.
3. Successful retail branding ensures stable long-term demand, better margins, product differentiation, trust in fulfillment of expectations, and protection from competition.
Retail locations
Types of Retail locations, its importance and Decisions making.
Types
1. Freestanding or isolated store location
2. Part of a business center
3. Part of a shopping center
Retail formats
RETAIL FORMATS- ORGANISED AND UNORGANSIED
MOONA RAHAMATHULLA AND SHRUTI ACHARYA
POORNAPRAJNA INSTITUTE OF MANAGEMENT
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The document discusses channels of distribution and the key considerations in designing a distribution channel strategy. It outlines the different types of intermediaries that can be used like wholesalers, retailers, and agents. It also examines factors to consider when selecting a distribution channel like product characteristics, market factors, company capabilities, and the services offered by potential middlemen.
Retail management
The document provides information on retail management. It discusses the various processes involved in retail management, which help customers procure merchandise from stores for personal use. Retail management aims to provide a pleasurable shopping experience for customers. It also outlines different retail formats like convenience stores, supermarkets, and hypermarkets. The retail sector in India is transitioning from traditional small stores to organized retail formats. While organized retail is growing, around 90% of retail in India remains unorganized.
Lecture 1 - Introduction to Retailing
Retailing involves the direct sale of products and services to consumers for their personal use. Retail is driven by consumer spending which depends on disposable income and consumer confidence. Global retail sales have nearly doubled since the 1980s, with the US leading, and retail in Asian economies is growing 6-10% annually. Various types of retailers include specialty stores, department stores, supermarkets/hypermarkets, convenience stores, discount stores, and off-price retailers. Operational issues for retailers include supply chain management, pricing, sales channels, and retail strategies.
Retail Strategy
This document discusses key elements of developing a retail strategy. It outlines why a retail strategy is important, including analyzing market requirements, outlining goals, differentiating from competitors, and coordinating efforts. It describes steps to develop a strategy, such as defining the target market and competitive advantages. Elements of a retail strategy are identified as the target market, retail format, competitive advantages, and criteria for selecting markets. Sources of competitive advantage and defining the organization's mission are also discussed.
Channels of distribution
This document discusses marketing channels and distribution. It defines marketing channels as the interconnected organizations involved in making a product available for consumption. Channels of distribution include multiple levels from manufacturers to consumers, such as wholesalers and retailers. Intermediaries are middlemen that take ownership of goods and sell them for profit. Key intermediaries discussed are wholesalers, retailers, and agent middlemen like brokers. Important factors in choosing distribution channels include product characteristics, market forces, institutional capabilities, and environmental considerations.
Retail format
This document defines and describes various retail store formats and non-store retail formats. Store retail formats include department stores, specialist stores, category killers, convenience stores, supermarkets/superstores/hypermarkets, catalogue shops, discount stores, and factory outlets. Non-store retail formats consist of mail order, direct selling, personal retailing, telesales, and internet retailing. Each format is briefly characterized, such as department stores offering a wide product range across multiple floors and specialist stores focusing on a narrow customer segment.
The Marketing Intermediaries
This document defines and describes different types of marketing intermediaries, including retailers, wholesalers, and logistical organizations. Retailers sell directly to final consumers, and include both store and non-store retailers like department stores, specialty stores, discount stores, vending machines, and direct marketing. Wholesalers sell goods and services to businesses for resale. Logistical organizations plan and control the physical flow of materials and goods to meet customer demand profitably.
Retail Formats and Organized Retailing
This document defines and classifies different retail formats. Retail formats describe a retailer's operations and are typically classified by the type of products sold - food, hard goods, soft goods, or arts. Formats are also classified by ownership structure, merchandise offered, and presence of a physical store. Store-based formats include independent retailers, chains, franchises, leased departments, and cooperatives. Non-store formats comprise direct selling, e-tailing, mail order, vending, and telemarketing. Service formats are banks, car rentals, and service contracts. Organized retailing includes chain stores owned or franchised by a central entity providing licensed sales and taxes.
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types of retailers.
This document discusses different types of retailers, including food retailers like supermarkets, supercenters, warehouse clubs, and convenience stores. It also discusses general merchandise retailers such as department stores, discount stores, specialty stores, drugstores, home improvement centers, and off-price retailers. The document outlines the characteristics used to classify retailers, including merchandise type, variety/assortment, services offered, and price. It provides examples of different retailers and trends in retail formats.
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Retail formats
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retail formats
The document provides an overview of retail formats in India. It discusses that retailing accounts for 14-15% of India's GDP and is the fifth largest retail market in the world, growing at an annual rate of 25-30%. The industry is mostly unorganized. The challenges facing the industry include restrictions on foreign investment and real estate purchases. The retail formats discussed include mom and pop stores, peddlers, hawkers, market traders, specialty stores, department stores, discount stores, convenience stores, hypermarkets, supermarkets, malls, category killers, e-tailers, and vending machines.
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This chapter explains the different types of retail store and also talk about the theories that explains the evolution of retail in the world.
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Middlemen ,retailers and their functions new
This document discusses different types of middlemen and their functions, as well as wholesalers and retailers. It defines middlemen as traders who buy from producers and sell to retailers or merchants. The main types of middlemen are brokers, factors, commission agents, underwriters, traveling agents, and auctioneers. Wholesalers buy large quantities from producers and warehouse and resell to retailers, providing services like financing, risk bearing, and market information. Retailers purchase from wholesalers and sell directly to consumers, performing functions such as assembling products, warehousing, grading, packing, financing, market research, and advertising.
Types of retailers
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04 theories and classification of retailing
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This document provides an overview of mass retailers and their functions. It begins with introducing the members of Group 7 and providing definitions and background on retailing. It then discusses distribution channels and the need for them. The document outlines different types of channels and describes mass retailers and how they differ from typical retailers. It proceeds to list and describe various types of mass retailers and their key functions, which include reasonable discounts, bulk transactions, emphasis on brands and standards, customer service, variety, and bargaining power with suppliers. The retail product lifecycle and functions of mass retailers like qualified staffing are also summarized.
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1. The document discusses the accounting treatment for prepaid expenses, where an expense is paid for in advance. On the date a prepaid expense is made, the full amount is recorded as a current asset.
2. At the end of each accounting period, an adjustment must be made to record the portion of the prepaid expense that has been "used up" as an expense, and the remaining unused portion remains as an asset to the next period.
3. Journal entries are made to debit the applicable expense account for the amount used up, crediting the prepaid asset account. The expense account is then closed out to the income statement to calculate profit for the period. The remaining balance in the prepaid
Retail formats
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Types of retailers’ middlemen
- 1. TYPES OF RETAILING RANJAN B U Lecturer in Dept. Of Commerce & Management Mandavya First Grade College, Mandya, Karnataka
- 2. TERMINOLOGIES OF RETAILING & RETAILER The word “Retailing” is of French origin which means ‘to cut again’. It is exactly so and meaningful that retail trade is one that cut off smaller portions from larger lump of goods. The person who facilitate the Retailing activities is known as Retailer. Here we are going to discuss about the types of retailing.
- 5. A. HAWKERS & PEDLARS - Hawkers – retailers who carry goods on wheels. Pedlars – retailers who carry good on head & shoulder or non- vehicle
- 6. B. CHEAP JACKS - Retailers – sells cheap price goods – No permanent place – Have business only where they is demand.
- 7. C. STREET TRADERS - Retailers who sell goods at foot path and most populated areas.
- 8. D. MARKET TRADERS - Retailers who Sells goods at open place.
- 10. A. STREET STALL HOLDERS - Retailers who have permanent stores.
- 11. B. SECOND-HAND GOODS DEALER - Retailer – who sells the used goods .
- 12. C. SPECIALITY SHOPS - Retailer who sells the special goods, say , any particular type or brand of goods.
- 13. D. GENERAL SHOP - Shop for day-to-day needs
- 15. A. INDEPENDENT STORES - In this type of stores – Owners will decide the price, work duration etc.
- 16. B. AUTOMATIC VENDING - Retailing with the help of automated machines.
- 17. C. DISCOUNT HOUSE - Retailer buy directly from manufacturer in bulk and sell the same at discount to the ultimate consumer.
- 19. A. DEPARTMENTAL STORES - In same shop – different departments – for different verities of goods.
- 20. B. CHAIN STORES - Having various branches across the country.
- 21. C. SUPER MARKET - Self help System of buying – rack – Trolley.
- 22. D. HYPER MARKET - It require huge space – so it will be established out side the city.
- 24. A. MAIL ORDER SHOPS - VPP – Value Payable Post
- 25. B. CO-OPERATIVE SOCIETY - Established by the group of customers for personal benefits.
- 26. C. HIRE PURCHASE & INSTALMENT SELLING
- 27. THANK YOU
- 28. THOUGHT !