SlideShare ist ein Scribd-Unternehmen logo
1 von 5
Non-store Retailing:

The selling of goods and services without establishing a physical store is known
as Non-Store Retailing. It includes such services as vending machines, direct-tohome selling, telemarketing, catalog sales, mail order, and television marketing
programs.
The fast growing method used by retailers to sell products is through methods
that do not have customers physically visiting a retail outlet. In fact, in many
cases customers make their purchase from within their own homes.A large
majority about 80% of retail transactions are made in stores. However, a
growing volume of sales is taking place away from stores. It is estimated that
non-store sales account for almost 20% of total retail trade.

Types of Non Store Retail Format:
Following are the six types of non store retailing:
•

Direct selling,

•

Tele marketing,

•

Online retailing,

•

Automatic vending,

•

Direct marketing, and

•

Electronics retailing.

Advantages of Non Store Retailing:
•Its freedom from a physical retail presence.
•The high fixed costs of operating retail outlets are eliminated.
•The breadth of customer coverage is considerably wider than is possible with
an individual retail location.
•Companies do not have to spend large sums or dilute stock building new
locations, or acquiring them.
•This truly gives the non-store retailer a global market from a cheap,
centralized location.

Disadvantages of Non Store Retailing:
•There is also the fear of credit card abuse and mail fraud, both related to the
sense of detachment that not holding a prospective purchase brings.
•And since most of us do not have the luxury of a pricey T1 Internet
connection, we must still deal with painfully slow connections.

Direct Selling:
Direct selling is also defined as personal contact between a sales person and a
consumer away from a retail store. This type of retailing has also been called in
home selling. Annual volume of direct selling in India is growing fast from the
beginning of the 21st century.
Like other forms of non-store retailing, direct selling is utilized in most
countries. It is particularly widespread in Japan, which accounts for about 35%
of the worldwide volume of direct selling. The U.S. represents almost 30% of
the total and all other countries the rest.

Telemarketing:
Sometimes called telephone selling, telemarketing refers to a sales person
initiating contact with a shopper and closing a sale over the telephone.
Telemarketing many entail cold canvassing from the phone directory. Many
products that can be bought without being seen are sold over the telephone.
Examples are pest control devices, magazine subscriptions, credit cards and
cub memberships.
Telemarketing is not a problem free retailing. Often encountering hostile
people on the other end of the line and experiencing many more rejections
than closed sales, few telephone sales representatives last very long in the job.
Further some telemarketers rely on questionable or unethical practices. For
instance firms may place calls at almost any hour of the day or night. This tactic
is criticized as violating consumers' right to privacy. To prevent this, some
states have enacted rules to constrain telemarketers' activities.

Online Retailing:
When a firm uses its website to offer products for sale and then individuals or
organizations use their computers to make purchases from this company, the
parties have engaged in electronic transactions (also called on line selling or
internet marketing).

Many electronic transactions involve two businesses which focus on sales by
firms to ultimate consumers. Thus online retailing is one which consists of
electronic transactions in which the purchaser is an ultimate consumer.

Online retailing is being carried out only by a rapidly increasing number of new
firms, such as Busy.com, Pets Mart and CD Now.com. Some websites feature
broad assortments, especially those launched by general merchandise retailers
such as Wal-mart and Target. Some Internet only firms, notably Amazon.com
are using various methods to broaden their offerings.

Automatic Vending:
The sale of products through a machine with no personal contact between
buyer and seller is called automatic vending.
The appeal of automatic vending is convenient purchase. Products sold by
automatic vending are usually well-known presold brands with a high rate of
turnover. The large majority of automatic vending sales comes from the "4 C's"
: cold drinks, coffee, candy and cigarettes.
Automatic vending is a unique area in non-store merchandising because the
variety of merchandise offered through automatic vending machines continues
to grow. Initially, impulse goods with high convenience value such as
cigarettes, soft drinks, candy, newspapers, and hot beverages were offered.
However, a wide array of products such as hosiery, cosmetics, food snacks,
postage stamps, paperback books, record albums, camera film, and even
fishing worms are becoming available through machines.

Direct Marketing:
There are no consumers on the exact nature of direct marketing. In effect, it
comprises all types of non-store retailing other than direct selling,
telemarketing, automatic vending and online retailing. In the context of
retailing, it has been defined as direct marketing as using print or broadcast
advertising to contact consumers who in turn, buy products without visiting a
retail store.

Direct marketers contact consumers through one or more of the following
media: radio, TV, newspapers, magazines, catalogs and mailing (direct mail).
Consumer orders by telephone or mail. Direct marketers can be classified as
either general - merchandise firms, which offer a variety of product lines, or
specialty firms which carry - only one or two lines such as books or fresh fruit.

Under the broad definition, the many forms of direct marketing include:
•Direct mail - in which firms mail letters, brochures and even product samples
to consumers, and ask them to purchase by mail or telephone.
•Catalog retailing - in which companies mail catalogs to consumers or make
them available at retail stores.
•Televised shopping - in which various categories of products are promoted on
dedicated TV channels and through infomercials, which are TV commercials
that run for 30 minutes or even longer on an entertainment channel.

E-Retailing:
Internet Retailing or e-retailing as is usually referred to as covers retailing using
a variety of different technologies or media. It may be broadly be a
combination of two elements. Combining new technologies with elements of
traditional stores and direct mail models using new technologies to replace
elements of stores or direct mail retails. Internet retail also has some elements
in common with direct mail retailing. For example, e-mail messages can
replace mail messages and the telephone, that are used in the direct mail
model as means of providing information, communication and transactions
while on-line catalogues can replace printed catalogues.

Weitere ähnliche Inhalte

Was ist angesagt?

2018 Nov 24th Athens ecomm congres - Marketplaces Frenemies
2018 Nov 24th  Athens   ecomm congres - Marketplaces Frenemies2018 Nov 24th  Athens   ecomm congres - Marketplaces Frenemies
2018 Nov 24th Athens ecomm congres - Marketplaces FrenemiesDennis Van Allemeersch
 
Food and e-commerce: case China
Food and e-commerce: case China Food and e-commerce: case China
Food and e-commerce: case China evirasuomi
 
Ways to End Gray Market Sales & Its Effect
Ways to End Gray Market Sales & Its EffectWays to End Gray Market Sales & Its Effect
Ways to End Gray Market Sales & Its EffectNEW Momentum
 
COVID-19: Retail Impacts
COVID-19: Retail ImpactsCOVID-19: Retail Impacts
COVID-19: Retail ImpactsSachin Jain
 
Recent marketing trends in retailing
Recent marketing trends in retailingRecent marketing trends in retailing
Recent marketing trends in retailingStrongPoint Baltics
 
Sell to China - Your Complete Category Handbook
Sell to China - Your Complete Category HandbookSell to China - Your Complete Category Handbook
Sell to China - Your Complete Category HandbookAzoya
 
Gray market - An introduction
 Gray market - An introduction Gray market - An introduction
Gray market - An introductionMrinal Gaurav
 
Lithuanian Retail Development Trends
Lithuanian Retail Development TrendsLithuanian Retail Development Trends
Lithuanian Retail Development Trendsijtsrd
 
Emerging trends in fashion retailing
Emerging trends in fashion retailingEmerging trends in fashion retailing
Emerging trends in fashion retailingSaravanan T
 
Analysis of the Grey Market
Analysis of the Grey MarketAnalysis of the Grey Market
Analysis of the Grey MarketRyan Wilson
 
Vietnam - Retail market frontier
Vietnam - Retail market frontierVietnam - Retail market frontier
Vietnam - Retail market frontiertrietttm
 
Understanding the Gray Market Strategy
Understanding the Gray Market StrategyUnderstanding the Gray Market Strategy
Understanding the Gray Market StrategyNEW Momentum
 
Post Pandemic Technology Trends to Change Retail Industry
Post Pandemic Technology Trends to Change Retail IndustryPost Pandemic Technology Trends to Change Retail Industry
Post Pandemic Technology Trends to Change Retail IndustryTakayuki Yamazaki
 
Vietnam retail report, 8.2017, euroasiaresearchexperts
Vietnam retail report, 8.2017, euroasiaresearchexpertsVietnam retail report, 8.2017, euroasiaresearchexperts
Vietnam retail report, 8.2017, euroasiaresearchexpertsĐăng Khôi - FPT Skillking
 
China Retail Group Fast Fashion Approaching China
China Retail Group Fast Fashion Approaching ChinaChina Retail Group Fast Fashion Approaching China
China Retail Group Fast Fashion Approaching ChinaAsia Pacific Digital
 
Xi uglobal2011 1-30
Xi uglobal2011 1-30Xi uglobal2011 1-30
Xi uglobal2011 1-30lorain1964
 
Returns Study 2016 - How Fair Are Customers In Online Trade?
Returns Study 2016 - How Fair Are Customers In Online Trade?Returns Study 2016 - How Fair Are Customers In Online Trade?
Returns Study 2016 - How Fair Are Customers In Online Trade?Händlerbund
 

Was ist angesagt? (20)

2018 Nov 24th Athens ecomm congres - Marketplaces Frenemies
2018 Nov 24th  Athens   ecomm congres - Marketplaces Frenemies2018 Nov 24th  Athens   ecomm congres - Marketplaces Frenemies
2018 Nov 24th Athens ecomm congres - Marketplaces Frenemies
 
Food and e-commerce: case China
Food and e-commerce: case China Food and e-commerce: case China
Food and e-commerce: case China
 
Grey market
Grey marketGrey market
Grey market
 
Ways to End Gray Market Sales & Its Effect
Ways to End Gray Market Sales & Its EffectWays to End Gray Market Sales & Its Effect
Ways to End Gray Market Sales & Its Effect
 
COVID-19: Retail Impacts
COVID-19: Retail ImpactsCOVID-19: Retail Impacts
COVID-19: Retail Impacts
 
Recent marketing trends in retailing
Recent marketing trends in retailingRecent marketing trends in retailing
Recent marketing trends in retailing
 
Sell to China - Your Complete Category Handbook
Sell to China - Your Complete Category HandbookSell to China - Your Complete Category Handbook
Sell to China - Your Complete Category Handbook
 
Gray market - An introduction
 Gray market - An introduction Gray market - An introduction
Gray market - An introduction
 
Lithuanian Retail Development Trends
Lithuanian Retail Development TrendsLithuanian Retail Development Trends
Lithuanian Retail Development Trends
 
Emerging trends in fashion retailing
Emerging trends in fashion retailingEmerging trends in fashion retailing
Emerging trends in fashion retailing
 
Analysis of the Grey Market
Analysis of the Grey MarketAnalysis of the Grey Market
Analysis of the Grey Market
 
Vietnam - Retail market frontier
Vietnam - Retail market frontierVietnam - Retail market frontier
Vietnam - Retail market frontier
 
Understanding the Gray Market Strategy
Understanding the Gray Market StrategyUnderstanding the Gray Market Strategy
Understanding the Gray Market Strategy
 
Shopping
ShoppingShopping
Shopping
 
Post Pandemic Technology Trends to Change Retail Industry
Post Pandemic Technology Trends to Change Retail IndustryPost Pandemic Technology Trends to Change Retail Industry
Post Pandemic Technology Trends to Change Retail Industry
 
Vietnam retail report, 8.2017, euroasiaresearchexperts
Vietnam retail report, 8.2017, euroasiaresearchexpertsVietnam retail report, 8.2017, euroasiaresearchexperts
Vietnam retail report, 8.2017, euroasiaresearchexperts
 
China Retail Group Fast Fashion Approaching China
China Retail Group Fast Fashion Approaching ChinaChina Retail Group Fast Fashion Approaching China
China Retail Group Fast Fashion Approaching China
 
Unilever Consumer Behavior
Unilever Consumer BehaviorUnilever Consumer Behavior
Unilever Consumer Behavior
 
Xi uglobal2011 1-30
Xi uglobal2011 1-30Xi uglobal2011 1-30
Xi uglobal2011 1-30
 
Returns Study 2016 - How Fair Are Customers In Online Trade?
Returns Study 2016 - How Fair Are Customers In Online Trade?Returns Study 2016 - How Fair Are Customers In Online Trade?
Returns Study 2016 - How Fair Are Customers In Online Trade?
 

Ähnlich wie Non-Store Retailing Methods Guide

Non storeretailformat-091204220440-phpapp02
Non storeretailformat-091204220440-phpapp02Non storeretailformat-091204220440-phpapp02
Non storeretailformat-091204220440-phpapp02Avinash Pathak
 
Direct marketing and other nonstore retailing
Direct marketing and other nonstore retailingDirect marketing and other nonstore retailing
Direct marketing and other nonstore retailingAniger Nas Esoj
 
Non Store Based Retailing Final
Non Store Based Retailing FinalNon Store Based Retailing Final
Non Store Based Retailing Finaldassurjya
 
Non Store Retail Format
Non Store Retail FormatNon Store Retail Format
Non Store Retail Formatranaapeejay
 
Introduction to retailing
Introduction to retailingIntroduction to retailing
Introduction to retailingAnshuman Singh
 
non-storeretailing-151030094859-lva1-app6891.pptx
non-storeretailing-151030094859-lva1-app6891.pptxnon-storeretailing-151030094859-lva1-app6891.pptx
non-storeretailing-151030094859-lva1-app6891.pptxgururaj101143
 
principles-of-marketing-retailing-vs-wholesaling
principles-of-marketing-retailing-vs-wholesalingprinciples-of-marketing-retailing-vs-wholesaling
principles-of-marketing-retailing-vs-wholesalingsukesh gowda
 
Insights from 2,000 UK consumers explain - How retail stores could safely reo...
Insights from 2,000 UK consumers explain - How retail stores could safely reo...Insights from 2,000 UK consumers explain - How retail stores could safely reo...
Insights from 2,000 UK consumers explain - How retail stores could safely reo...imogenkw
 
Retail management
Retail management Retail management
Retail management Gautam Kumar
 
Flash sales report
Flash sales reportFlash sales report
Flash sales reportNandini
 
Chapter 1 introduction & industry profile
Chapter 1 introduction & industry profileChapter 1 introduction & industry profile
Chapter 1 introduction & industry profilebsen88
 
Non store based retailing
Non store based retailingNon store based retailing
Non store based retailingShehzaad Shaikh
 
Retail establishment.pptx
Retail establishment.pptxRetail establishment.pptx
Retail establishment.pptxNagarajanG35
 
Retail marketing
Retail marketingRetail marketing
Retail marketingRohit Heart
 
Insights from 2,000 American consumers explain - How retail stores could safe...
Insights from 2,000 American consumers explain - How retail stores could safe...Insights from 2,000 American consumers explain - How retail stores could safe...
Insights from 2,000 American consumers explain - How retail stores could safe...imogenkw
 
Developing global marketing strategies
Developing global marketing strategiesDeveloping global marketing strategies
Developing global marketing strategiesFarhan Chishti
 
Direct marketing, online maketing, retailing
Direct marketing, online maketing, retailingDirect marketing, online maketing, retailing
Direct marketing, online maketing, retailingArchit Sharma
 
THE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptx
THE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptxTHE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptx
THE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptxrizzaqueldaquioag2
 
Introduction to HR World.pdf
Introduction to HR World.pdfIntroduction to HR World.pdf
Introduction to HR World.pdfDayetaBanerjee
 

Ähnlich wie Non-Store Retailing Methods Guide (20)

Non storeretailformat-091204220440-phpapp02
Non storeretailformat-091204220440-phpapp02Non storeretailformat-091204220440-phpapp02
Non storeretailformat-091204220440-phpapp02
 
Direct marketing and other nonstore retailing
Direct marketing and other nonstore retailingDirect marketing and other nonstore retailing
Direct marketing and other nonstore retailing
 
Non Store Based Retailing Final
Non Store Based Retailing FinalNon Store Based Retailing Final
Non Store Based Retailing Final
 
Non Store Retail Format
Non Store Retail FormatNon Store Retail Format
Non Store Retail Format
 
Introduction to retailing
Introduction to retailingIntroduction to retailing
Introduction to retailing
 
non-storeretailing-151030094859-lva1-app6891.pptx
non-storeretailing-151030094859-lva1-app6891.pptxnon-storeretailing-151030094859-lva1-app6891.pptx
non-storeretailing-151030094859-lva1-app6891.pptx
 
principles-of-marketing-retailing-vs-wholesaling
principles-of-marketing-retailing-vs-wholesalingprinciples-of-marketing-retailing-vs-wholesaling
principles-of-marketing-retailing-vs-wholesaling
 
Insights from 2,000 UK consumers explain - How retail stores could safely reo...
Insights from 2,000 UK consumers explain - How retail stores could safely reo...Insights from 2,000 UK consumers explain - How retail stores could safely reo...
Insights from 2,000 UK consumers explain - How retail stores could safely reo...
 
Retail management
Retail management Retail management
Retail management
 
Direct marketing
Direct  marketingDirect  marketing
Direct marketing
 
Flash sales report
Flash sales reportFlash sales report
Flash sales report
 
Chapter 1 introduction & industry profile
Chapter 1 introduction & industry profileChapter 1 introduction & industry profile
Chapter 1 introduction & industry profile
 
Non store based retailing
Non store based retailingNon store based retailing
Non store based retailing
 
Retail establishment.pptx
Retail establishment.pptxRetail establishment.pptx
Retail establishment.pptx
 
Retail marketing
Retail marketingRetail marketing
Retail marketing
 
Insights from 2,000 American consumers explain - How retail stores could safe...
Insights from 2,000 American consumers explain - How retail stores could safe...Insights from 2,000 American consumers explain - How retail stores could safe...
Insights from 2,000 American consumers explain - How retail stores could safe...
 
Developing global marketing strategies
Developing global marketing strategiesDeveloping global marketing strategies
Developing global marketing strategies
 
Direct marketing, online maketing, retailing
Direct marketing, online maketing, retailingDirect marketing, online maketing, retailing
Direct marketing, online maketing, retailing
 
THE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptx
THE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptxTHE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptx
THE ECONOMIC PRINCIPLE AND THE GOVERNMENT.pptx
 
Introduction to HR World.pdf
Introduction to HR World.pdfIntroduction to HR World.pdf
Introduction to HR World.pdf
 

Kürzlich hochgeladen

Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 

Kürzlich hochgeladen (20)

Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 

Non-Store Retailing Methods Guide

  • 1. Non-store Retailing: The selling of goods and services without establishing a physical store is known as Non-Store Retailing. It includes such services as vending machines, direct-tohome selling, telemarketing, catalog sales, mail order, and television marketing programs. The fast growing method used by retailers to sell products is through methods that do not have customers physically visiting a retail outlet. In fact, in many cases customers make their purchase from within their own homes.A large majority about 80% of retail transactions are made in stores. However, a growing volume of sales is taking place away from stores. It is estimated that non-store sales account for almost 20% of total retail trade. Types of Non Store Retail Format: Following are the six types of non store retailing: • Direct selling, • Tele marketing, • Online retailing, • Automatic vending, • Direct marketing, and • Electronics retailing. Advantages of Non Store Retailing: •Its freedom from a physical retail presence. •The high fixed costs of operating retail outlets are eliminated.
  • 2. •The breadth of customer coverage is considerably wider than is possible with an individual retail location. •Companies do not have to spend large sums or dilute stock building new locations, or acquiring them. •This truly gives the non-store retailer a global market from a cheap, centralized location. Disadvantages of Non Store Retailing: •There is also the fear of credit card abuse and mail fraud, both related to the sense of detachment that not holding a prospective purchase brings. •And since most of us do not have the luxury of a pricey T1 Internet connection, we must still deal with painfully slow connections. Direct Selling: Direct selling is also defined as personal contact between a sales person and a consumer away from a retail store. This type of retailing has also been called in home selling. Annual volume of direct selling in India is growing fast from the beginning of the 21st century. Like other forms of non-store retailing, direct selling is utilized in most countries. It is particularly widespread in Japan, which accounts for about 35% of the worldwide volume of direct selling. The U.S. represents almost 30% of the total and all other countries the rest. Telemarketing: Sometimes called telephone selling, telemarketing refers to a sales person initiating contact with a shopper and closing a sale over the telephone. Telemarketing many entail cold canvassing from the phone directory. Many products that can be bought without being seen are sold over the telephone.
  • 3. Examples are pest control devices, magazine subscriptions, credit cards and cub memberships. Telemarketing is not a problem free retailing. Often encountering hostile people on the other end of the line and experiencing many more rejections than closed sales, few telephone sales representatives last very long in the job. Further some telemarketers rely on questionable or unethical practices. For instance firms may place calls at almost any hour of the day or night. This tactic is criticized as violating consumers' right to privacy. To prevent this, some states have enacted rules to constrain telemarketers' activities. Online Retailing: When a firm uses its website to offer products for sale and then individuals or organizations use their computers to make purchases from this company, the parties have engaged in electronic transactions (also called on line selling or internet marketing). Many electronic transactions involve two businesses which focus on sales by firms to ultimate consumers. Thus online retailing is one which consists of electronic transactions in which the purchaser is an ultimate consumer. Online retailing is being carried out only by a rapidly increasing number of new firms, such as Busy.com, Pets Mart and CD Now.com. Some websites feature broad assortments, especially those launched by general merchandise retailers such as Wal-mart and Target. Some Internet only firms, notably Amazon.com are using various methods to broaden their offerings. Automatic Vending: The sale of products through a machine with no personal contact between buyer and seller is called automatic vending.
  • 4. The appeal of automatic vending is convenient purchase. Products sold by automatic vending are usually well-known presold brands with a high rate of turnover. The large majority of automatic vending sales comes from the "4 C's" : cold drinks, coffee, candy and cigarettes. Automatic vending is a unique area in non-store merchandising because the variety of merchandise offered through automatic vending machines continues to grow. Initially, impulse goods with high convenience value such as cigarettes, soft drinks, candy, newspapers, and hot beverages were offered. However, a wide array of products such as hosiery, cosmetics, food snacks, postage stamps, paperback books, record albums, camera film, and even fishing worms are becoming available through machines. Direct Marketing: There are no consumers on the exact nature of direct marketing. In effect, it comprises all types of non-store retailing other than direct selling, telemarketing, automatic vending and online retailing. In the context of retailing, it has been defined as direct marketing as using print or broadcast advertising to contact consumers who in turn, buy products without visiting a retail store. Direct marketers contact consumers through one or more of the following media: radio, TV, newspapers, magazines, catalogs and mailing (direct mail). Consumer orders by telephone or mail. Direct marketers can be classified as either general - merchandise firms, which offer a variety of product lines, or specialty firms which carry - only one or two lines such as books or fresh fruit. Under the broad definition, the many forms of direct marketing include: •Direct mail - in which firms mail letters, brochures and even product samples to consumers, and ask them to purchase by mail or telephone.
  • 5. •Catalog retailing - in which companies mail catalogs to consumers or make them available at retail stores. •Televised shopping - in which various categories of products are promoted on dedicated TV channels and through infomercials, which are TV commercials that run for 30 minutes or even longer on an entertainment channel. E-Retailing: Internet Retailing or e-retailing as is usually referred to as covers retailing using a variety of different technologies or media. It may be broadly be a combination of two elements. Combining new technologies with elements of traditional stores and direct mail models using new technologies to replace elements of stores or direct mail retails. Internet retail also has some elements in common with direct mail retailing. For example, e-mail messages can replace mail messages and the telephone, that are used in the direct mail model as means of providing information, communication and transactions while on-line catalogues can replace printed catalogues.