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#Retailandtrading is the business community linked with sale of goods to the consumer. It is the link between the manufacturer and the consumer of the product.
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Retail and trading is the business community linked with sale of goods to the consumer. It is the link between the manufacturer and the consumer of the product. Retail and trading can take a lot of forms. It is not required that we have to sell the good from online store only, but you can also use phone, via post or mail service, door to door selling etc. Retail is the final step. In Retail and tradingtheplace of sale can also differ greatly, for example, a store, a supermarket, the customer’s house itself or even a vending machine. But one thing which remains common in all of the above cases is that the buyer is its final consumer.
Benefits of Retail and trading at the same time Convenience: Retail and trading overcome the barrier of place, and allow the consumers to buy all their products from the local market near their house. Consumer need not to search the product from anywhere when retailer is there for him. Retailer will do all that for him, So if a consumer wants to buy a good manufactured in Mumbai, he/she only need to visit their local retail store. Assured Availability: Retail and trading does not have to bother with buying the goods in bulk. The retail stores have to ensure the availability of the product in the warehouse always.
Variety of the product with integrity: Retailers have to provide a lot of option the consumer so that consumers need not to move here and there always. Client always needs variety. If you want to be successful retailer always create options for the client. Sales support service: Products some installation, demonstration after sales So, one need to have good consumer support for them. Retailers need to provide 24X7 support services to the client to make them informed about all the services on time. Credit, online, or ATM Facility: It is not required that consumers always carrier cash with themselves. So, it is always required to provide all the option by the retailer to the consumer.