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  2. Retailing is best characterized as12345:
    • The distribution process of a retailer getting goods and selling them to customers for actual use.
    • The selling of goods and services to consumer end users.
    • The set of activities used to sell a product or service to consumers for personal or family use.
    • Involves all activities required to market consumer goods and services to individual or family needs.
    Learn more:
    Retailing is the distribution process of a retailer getting the goods (either from the manufacturer, wholesaler, or agents) and selling them to the customers for actual use. In simple terms, retailing is the transaction of small quantities of goods between a retailer and the customer where the good is not bought for resale purpose.
    www.feedough.com/what-is-retail-retailing-types-fu…
    Retailing is the selling of goods and services to consumer end users. Retailing is seen as a contrast to wholesaling, which typically involves selling in mass quantities at lower prices. Retailers frequently buy in bulk from wholesalers, then repackage merchandise for individual sale.
    www.britannica.com/money/retailing
    The term retail refers to the sale of goods and services to the public for consumption. Retailing involves all activities required to market consumer goods and services to consumers who are purchasing for individual or family needs through a point of purchase.
    courses.lumenlearning.com/wm-retailmanagement/…
    Retailing is defined as a set of activities or steps used to sell a product or a service to consumers for their personal or family use. It is responsible for matching individual demands of the consumer with supplies of all the manufacturers.
    www.economicsdiscussion.net/distribution-channel…
    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.
    businessjargons.com/retailing.html
     
  3. People also ask
    What are retail types?Retail types are defined by their product lines. See Table 18.1 for a breakdown of retail types, the typical product focus for that retail type, and examples of retailers that fall into that type. Retailers tend to be the easiest of the channel members to identify because we see them everywhere we go, both in person and online.
    Are the characteristics of a retailer the same in every industry?True or false: The important characteristics of retailers are the same in every industry. F- he characteristics of a retailer that are important in one industry may be quite different from those in another. True or false: Service retailers, which sell services rather than merchandise, are a small and shrinking retail sector.
    What is meant by retailing?Any business entity which sells goods to the end user and not for business use or for resale, whether it is a manufacturer, wholesaler or retailer, are said to be engaged in the process of retailing, irrespective of the manner in which goods are sold. Retailer implies any organization, whose maximum part of revenue comes from retailing.
    What is the difference between a retail store and a service retailer?Merchandise retailers may be department stores, apparel stores, consumer electronics stores, home improvement stores, specially retailers, or various types of retailing systems for home shopping. Service retailers, such as movie theatres and barber shops, are as diverse as the, types of services offered for sale.
     
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  5. WEBApr 25, 2023 · Retailing is important for the creators, customers, as well as the economy. Retail stores are the places where most of the actual sales to the customers take place. They act as both a marketing tool for the …

  6. Retailing: Meaning, Definitions, Characteristics, …

    WEBRetailing – Characteristics of Retailing and Retailers. 1. There is direct end-user interaction in retailing. 2. It is the only point in the value chain to provide a platform for promotions. 3. Sales at the retail level are …

  7. WEBNov 14, 2023 · Retail describes the sale of a product or service to an individual consumer for personal use. Retail transactions occur through different sales channels, such as online, in a brick-and-mortar storefront, …

  8. Retailing | Retail Management - Lumen Learning

    WEBRetailing is the sale of consumer goods and services to individual or family needs through a point of purchase. The retail industry is diverse and covers sixteen major segments, such as department stores, …

  9. The Retailing Concept | Retail Management - Lumen Learning

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