Retail Market Ting

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    RETAIL MARKETTING

    Types of stores

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    Types of Retailer

    Classification

    Store based Non-store based

    ownership Strategy mix

    Service

    v/s Goods mix

    Food oriented Gen. Merchandise

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    Convenience store

    Conventional Super market

    Food based super market

    Combination store

    Box store

    Warehouse store

    FOOD ORIENTED RETAILERSFOOD ORIENTED RETAILERS

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    Convenience store

    Near residential area

    Long hours

    Limited merchandise

    High price & high turnover 3000-8000 sq ft area

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    Conventional Supermarket

    Similar to dept stores

    Limited revenue from Gen. merchandise

    Self service (reduced cost & large volume)

    EDLP

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    Food-based supermarket

    Large & more diversified than con.sup.

    25000-50000 sq ft

    th revenue from Gen. merchandise

    Almost all household needs under 1 roof

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    Combination store

    Super market + Gen. merchandise

    > 40% Gen. merchandise sales

    Food store as well as drug store

    30000-100000 sq ft Comparitively low prices

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    Box (limited line) store

    Small food based discount store

    Limited hours, services & stock

    Self service

    Discounted price

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    Warehouse stores

    Discount stores

    Limited service

    No surety about availability

    Warehouse showroom

    Catalog showroom

    Hyper market

    Warehouse club

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    GEN MERCHANDISE RETAILERSGEN MERCHANDISE RETAILERS

    Specialty stores

    Variety Stores

    Department Stores

    Off price retailers

    Membership Club

    Flea market

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    Specialty stores

    Specialized base

    Particular product with deep asortment

    Selected customers

    Can be single line or limited line

    Category killer (enormous selection)

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    Variety stores

    Deep assortment of inexpensive goods

    Also called as 5 & 10 cent stores

    Dying

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    Department stores

    Wide variety & deep assortment

    Organized in departments

    Different product line (unlike specialty)criteria (U.S. Bureau of census)

    1. Min 50 empolyee

    2. 20% from apparel & soft goods

    3. Household products & dry goods, with furniture, homeappliences, t.v & radio

    4. Annual sales under $10 million

    5. Single product line should be

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    Traditional Dept

    Avg quality

    Min customer service

    Full-line discount dept

    High volume

    Low cost Centralized check out

    Brands

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    Off price retailer

    Branded soft goods at low prices

    Off season

    Result of non successful sale campaign

    classification

    1. Out let stores

    2. Close outlet stores

    3. Single price outlet stores

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    Membership club

    For price conscious customers

    Annual fee for membership

    Direct merchandise from manufacturer

    Wholesale club/centre, ware house club

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    Service v/s goods retail mixService v/s goods retail mix Result of competition (attract customers)

    Sale or rental of intangible activity

    Service without goods (pure) With goods

    1. Rental goods service

    2.

    Owned goods service3. Non goods service

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