International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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GROWTH AND DEVELOPMENT OF RETAILING

    1 Author(s):  SYED SALAODDIN MOHIUDDIN

Vol -  1, Issue- 2 ,         Page(s) : 156 - 161  (2010 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

"Retail" is gotten from the French Word "Retaillier" which means to 'cut a piece off' or 'to break mass'. In basic terms this implies a firsthand exchange with the client. Retailing in this way may be comprehended as the last advance in the conveyance of product, for utilization by the end buyers. It therefore comprised of all exercises associated with the advertising of products and ventures legitimately to the customers for their own, family or family unit use. Retailing includes an immediate interface with the client and the coordination of business exercises from start to finish directly from the idea or configuration phase of an item or offering, to its conveyance and post-conveyance administration to the client. Retailing structures an essential piece of the Marketing Mix. In this advertising blend "Spot" alludes to the dissemination and accessibility of the items at the different areas. Clients were first acquainted with the item through the retail locations. Associations would sell their items and administrations through these stores and furthermore at the same time get a criticism on the presentation of the item and the client's desires for the item. Retail locations would likewise fill in as the correspondence center point of the client. At the purpose of offer or the purpose of procurement, the client would transmit data to the Marketing Manager through the retailer.

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