After reading this article you will learn about:- 1. Meaning of Department Store 2. Features of Department Store 3. Advantages 4. Disadvantages. Meaning of Department Store: A department store is a huge retail shop situated at a central place in the city, divided into a number of small shops or departments each dealing with one or two lines of goods [...]
This article throws light upon the top six large-scale retailers. The retailer are: 1. Mail Order Sale 2. Consumer Co-Operative Stores 3. Vending Machine 4. Discount Houses 5. Supermarket 6. One-Price Shop. Retailer # 1. Mail Order Sale: Standardisation, grading, branding and packaging brought about the growth of mail-order sale, i.e., selling or shopping by post-described as 'armchair shopping.' The [...]
Important components of physical distribution of products are: 1. Order Processing 2. Transportation 3. Warehousing 4. Inventory Control! Physical distribution is an important element of marketing mix; it involves physical handling and movement of goods from the place of production to the place of consumption. […]