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Sunday, 25 September 2016
Advantages of Large Scale Retailers
To Business
1. High Rate of Turnover-Economy of scale can be achieved.
2. Business can employ specialist staff – Efficient business.
3. Low competition due to high capital requirement.
4. Business can save on transportation.
5. They will get discounts because they purchase in bulk.
6. Have state of art warehousing techniques.
To Customers
1. Variety is available
2. Generally customers can get low rates.
3. Benefit of one stop shopping.
4. Extra facilities like ATM and post office.
5. Since items are displayed openly on shelves, customers have freedom of choice.
6. Mail order business sell under money back guarantee.
7. Generally items of good repute and quality is sold.
8. Customers can enjoy arm chair shopping via mail order.
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