Write short notes on each of the following:
(i) Small stores
(ii) Mobile shops
(iii) Tied shops
(iv) Supermarkets
(v) Peddling.
Explanation
5 ) Small stores are located in front of residential houses of the retailers. They sell in much more smaller quantity and handle mostly small unit of convenience goods. They are mainly sole proprietors. It requires small capital to set up small stores. (ii) Mobile shops are small retail shops that are moved from one place to another with the use of wheel barrows, motor vans, lorries, bicycles or motorbikes to customers at various places for buying. Mobile shops sell convenience goods and limited range of goods. They advertise their wares through playing of music, ringing bells or other methods. (iii) Tied shops confine whatever they sell to a single line of commodity which their producers supply direct to them. The manufacturers of these products sold in these tied shops, support the shop owners with finance and equipment for the sale of such products. (iv) Supermarkets are large scale retail business units which deal mainly in household goods like fruits, fish, butter, bread, tinned foods, frozen foods, fresh eggs etc. Most goods sold in them have price tags. Goods are displayed on shelves at the supermarket. Supermarkets offer self service with use of trolleys, baskets etc. Most supermarkets are located in well populated areas. An ideal supermarket operate in an ideal convenient atmosphere. (v) Peddling involves movement of goods from door to door. The peddlers deal in many lines or range of goods such as newspapers. Peddling requires small capital to operate. It is labour intensive and subject to changes in weather.