A Quick Summary of The Difference Between Hyper market and Super market. A hypermarket is a large retail outlet providing large varieties of goods at discounted prices.
On the other hand, a supermarket offers a wide-ranging shopping experience where consumers buy different products at market prices.
How do you attract customers with words?
- Beautiful in Its Simplicity
- Artistically Inspired
- Enhance Your Life
- Enhance Your Beauty
- Looks so Good on the Outside, It’ll Make You Feel Good Inside
- Never Looked so Good
- Simply Awesome
- Perfect From Beginning to End
What do you mean by non store retailing what is its different type
Non-store retailing is the selling of goods and services outside the confines of a retail facility.
It is a generic term describing retailing taking place outside of shops and stores (that is, off the premises of fixed retail locations and of markets stands).
What are three forms of nonstore retailing
The major types of nonstore retailing are direct selling, direct marketing, and automatic vending.
How do you develop a distribution strategy?
- Carefully consider your customers
- Research potential channels of distribution
- Establish relationships and reach agreements with intermediaries
- Track your results and perform distribution network optimization
- Consider expanding your distribution network
What is an MT in retail
Growth of retail market as a whole and MT (Modern Trade) retail market in particular along with future trajectory for identification of total potential.
Revenue and profitability of leading retail chains in the city at a store level to draw comparisons with their stores in the same micro-market.
What is modern firm based theory
A modern, firm-based international trade theory that states that a nation’s or firm’s competitiveness in an industry depends on the capacity of the industry and firm to innovate and upgrade.
What is an e commerce account
E-commerce is powered by the internet. Customers access an online store to browse through and place orders for products or services via their own devices.
What are 4 types of marketing channels?
- Websites
- Digital advertising
- Events
What is difference between product and brand
The product is an item or service produced and offered by the company for sale in the market.
A brand is an entity like the logo, symbol or name used by the companies, to make their products identifiable among other products in the marketplace.
A product can be your need, but the brand is something more than that.
What is E business model
E-business model is a method by which the organization sustains itself in the long term using information technology, particularly internet, which includes its value proposition for partners and customers as well as its revenue streams.
What are the 3 distribution strategies?
- Intensive Distribution: As many outlets as possible
- Selective Distribution: Select outlets in specific locations
- Exclusive Distribution: Limited outlets
Which channel functions help to fulfill the completed transactions
(B) Functions that Help to Fulfill the Completed Transactions: 1. Physical distribution – Transporting and storing goods.
What is the best distribution channel
E-commerce is the most efficient distribution channel available for a business. It decreases dramatically the need to use multiple storage locations, multiple distributers and brokers to connect you to retailers to sell your product line.
What is MT and GT
Common terminologies used in Trade Marketing: General Trade (GT), 2. Modern Trade (MT), and 3.
Alternate or B2B. Trade marketing especially deals with GT and MT. Sales Chain Partner: This is also termed as Supply Chain Partner or Channel Partners who play a vital role to reach products from manufacturer to customer.
What is the difference between GT and MT
General trade is basic retailing, i.e. small scale business targeting the consumers who opt day to day purchases in small quantity while the modern trade is about selling products to big houses.
What are the 6 main distribution channels?
- Retailers
- Wholesalers
- Distributors
- Agents
- Brokers
- The Internet
- Sales Teams
- Resellers
What is B2B distribution channel
B2B channels – B2B Channels involve the movement of goods from a business company to a business company.
In this type of distribution channel, the movement might happen from the business product manufacturer to the end consumer.
Or it may happen from a distribution network which is in between.
What are the 4 channels of distribution
There are four types of distribution channels that exist: direct selling, selling through intermediaries, dual distribution, and reverse logistics channels.
Each of these channels consist of institutions whose goal is to manage the transaction and physical exchange of products.
What are the 5 distribution channels?
- Wholesaler/Distributor
- Direct/Internet
- Direct/Catalog
- Direct/Sales Team
- Value-Added Reseller (VAR)
- Consultant
- Dealer
- Retail
What is TT in FMCG
FMCG International Key Accounts (IKA) and Traditional Trade (TT)
References
https://www.repsly.com/blog/consumer-goods/what-is-retail-marketing
https://neilpatel.com/blog/distribution-channels/
https://www.vendhq.com/blog/increase-walkins-retail-store/
