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CONTEMPORARY
ANALYSIS: TYPES OF
RETAILERS
Devanayagam
Retailing Marketing | 16th November 2014
Twitter: @Devanayagam
Email: deva.4356@gmail.com
CONTEMPORARY ANALYSIS –
TYPES OF RETAILERS
A Scientific View Of Modern
Retailing Phenomenon
Retailing: Time Zone -1
Retailing: Time Zone -2
• Type of merchandise sold
• Variety and assortment of merchandise
• Level of customer service (services offered)
• Price of the merchandise
RETAILER - CHARACTERISTICS
1. The Destination Merchandise
2. The Image Enhancer
3. The Transaction Builder
4. The Traffic Builder
5. The Profit Generator
6. The Turf Protector
Source: Rick Segel & Matthew Hudson,
http://retail.about.com/od/merchandising/fl/The-6-Types-of-
Merchandise-Your-Retail-Store-Should-Always-Carry.htm
THE CONTEMPORARY 6 TYPES OF
MERCHANDISE
• Variety is the number of different merchandise
categories a retailer offers (breadth).
• Assortment is the number of different items in
a merchandise category (depth)
• Each different item of merchandise is called a
stock keeping unit (SKU).
VARIETY AND ASSORTMENT
• Customers expect retailers to provide some services--
accepting credit cards, proving parking, and displaying
merchandise.
• Some retailers go beyond this and provide other
services such as gift wrapping and home delivery, at a
charge.
• “ALL in ONE” -> Meta-services
• Product offers and customer loyalty cards
SERVICES OFFERED
• Offering more depth and breadth of merchandise is
appealing to customers.
• Offering services attracts customers.
• To make a profit with more depth and breadth or
services retailers must charge higher prices.
PRICE
1. Department store
2. Supermarkets
3. Warehouse Retailers
4. Speciality Retailers
5. E-tailer
6. Convenience Retailer
7. Discount Retailer
TYPES OF RETAILERS (DEFINED BY
SIZE OF THE BUSINESS)
• The department store retailers offer products at
various pricing levels. This type of retailer adds high
levels of customer service by adding convenience
enabling a large variety of products to be purchased
from one retailer.
DEPARTMENT STORE
• Supermarkets have significant buying power and
therefore often retail goods at low prices.
SUPERMARKETS
• This type of retailer is usually situated in retail or “Business
Park” and where premises rents are lower. This enables this
type of retailer to stock, display and retail a large variety of
good at very competitive prices.
WAREHOUSE RETAILERS
• Specialising in specific industries or products,
this type of retailer is able to offer the
customer expert knowledge and a high level of
service.
SPECIALTY RETAILERS
• This type of retailer enables customers to shop online and buy
products which are then delivered. This type of retailer is
highly convenient and is able to supply a wider geographic
customer base.
• E-tailers often have lower rent and overheads, so offer very
competitive pricing.
E-TAILERS
• Usually located in residential areas this type of
retailer offers a limited range of products at premium
prices due to the added value of convenience.
CONVENIENCE RETAILERS
• This type of retailer offers a variety of discounted
products. They offer low prices on less fashionable
branded products from a range of suppliers by reselling
end of line and returned goods at discounted prices.
DISCOUNT RETAILERS
Contemporary Analysis - Types of Retailers in Retail Marketing

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Contemporary Analysis - Types of Retailers in Retail Marketing

  • 1. CONTEMPORARY ANALYSIS: TYPES OF RETAILERS Devanayagam Retailing Marketing | 16th November 2014 Twitter: @Devanayagam Email: deva.4356@gmail.com
  • 2. CONTEMPORARY ANALYSIS – TYPES OF RETAILERS A Scientific View Of Modern Retailing Phenomenon
  • 5. • Type of merchandise sold • Variety and assortment of merchandise • Level of customer service (services offered) • Price of the merchandise RETAILER - CHARACTERISTICS
  • 6. 1. The Destination Merchandise 2. The Image Enhancer 3. The Transaction Builder 4. The Traffic Builder 5. The Profit Generator 6. The Turf Protector Source: Rick Segel & Matthew Hudson, http://retail.about.com/od/merchandising/fl/The-6-Types-of- Merchandise-Your-Retail-Store-Should-Always-Carry.htm THE CONTEMPORARY 6 TYPES OF MERCHANDISE
  • 7. • Variety is the number of different merchandise categories a retailer offers (breadth). • Assortment is the number of different items in a merchandise category (depth) • Each different item of merchandise is called a stock keeping unit (SKU). VARIETY AND ASSORTMENT
  • 8. • Customers expect retailers to provide some services-- accepting credit cards, proving parking, and displaying merchandise. • Some retailers go beyond this and provide other services such as gift wrapping and home delivery, at a charge. • “ALL in ONE” -> Meta-services • Product offers and customer loyalty cards SERVICES OFFERED
  • 9. • Offering more depth and breadth of merchandise is appealing to customers. • Offering services attracts customers. • To make a profit with more depth and breadth or services retailers must charge higher prices. PRICE
  • 10. 1. Department store 2. Supermarkets 3. Warehouse Retailers 4. Speciality Retailers 5. E-tailer 6. Convenience Retailer 7. Discount Retailer TYPES OF RETAILERS (DEFINED BY SIZE OF THE BUSINESS)
  • 11. • The department store retailers offer products at various pricing levels. This type of retailer adds high levels of customer service by adding convenience enabling a large variety of products to be purchased from one retailer. DEPARTMENT STORE
  • 12. • Supermarkets have significant buying power and therefore often retail goods at low prices. SUPERMARKETS
  • 13. • This type of retailer is usually situated in retail or “Business Park” and where premises rents are lower. This enables this type of retailer to stock, display and retail a large variety of good at very competitive prices. WAREHOUSE RETAILERS
  • 14. • Specialising in specific industries or products, this type of retailer is able to offer the customer expert knowledge and a high level of service. SPECIALTY RETAILERS
  • 15. • This type of retailer enables customers to shop online and buy products which are then delivered. This type of retailer is highly convenient and is able to supply a wider geographic customer base. • E-tailers often have lower rent and overheads, so offer very competitive pricing. E-TAILERS
  • 16. • Usually located in residential areas this type of retailer offers a limited range of products at premium prices due to the added value of convenience. CONVENIENCE RETAILERS
  • 17. • This type of retailer offers a variety of discounted products. They offer low prices on less fashionable branded products from a range of suppliers by reselling end of line and returned goods at discounted prices. DISCOUNT RETAILERS