Retail Industry Overview

1. Selling Salespeople contact customers directly in a convenient location, often at a customer's home.
4. Retailers that started online and continue to do all their business that way.
6. The method by which consumers acquire products and services.
7. Stores that are owned by the manufacturer or retailer.
8. Buying and selling through the internet via an electronic device.
11. The buyer known as the trendsetter.
13. The customer usually waits to see what the latest trend will be and is reluctant to try new products.
14. Stores that focuses on deep but narrow assortments with a high level of customer service.
15. Stores that sell a wide variety of goods including food, alcohol, and medicine.
17. Stores Stores that are classified as general merchandisers.
19. Stores that offer an assort of brand-name merchandise at a significant discount off the manufacture's price.
20. Retailers that offer a broad variety of merchandise, limited service, and low prices.

2. Receives, stores, displays, and sells the products to customers.
3. Stores that typically combine a supermarket and a department store all under one roof.
5. Produces the products.
9. Stores that aim to provide their customers a a convenient shopping experience.
10. Stores that sell secondhand clothes and other household goods.
12. A business that sells products and or services to consumers.
16. Stores that take the role of both wholesaler and retailer.
18. Buys large quantities of products directly from the manufacturer.