biss

Created by: nath2591
Created on: 24-03-17 12:46

stores/shops

Shops and Stores can be described as physical (traditionally bricks and mortar) and either permanent or temporary

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Online retailing

Online shopping (sometimes known as E-tailing, from "electronic retail" or E-shopping) is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet

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Multi-channel

Using more than one of the retail channels to sell through. For most retailers this means selling in a physical store and online

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Hybrid

A hybrid is a mix of two things to form one. Hybrid retail stores link the importance of a physical store with E-commerce and / or hospitality and leisure facilities

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Concessions

The owner of the concession pays another business / retailer in order to sell their products in their premises / store.

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Temporary shops

Temporary or 'pop-up' shops often use vacant premises for a short period of time. Pop-up shops have become very popular and are used throughout the retail industry to create interest amongst consumers

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Markets

There are a number of different types of market.

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Franchises

Franchising is an agreement in which one business (called the franchisee) buys the right to sell the goods or services of another business (called the franchisor), and is allowed to use the franchisor's name

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Other cards in this set

Card 2

Front

Back

Online retailing

Card 3

Front

Using more than one of the retail channels to sell through. For most retailers this means selling in a physical store and online

Back

Card 4

Front

A hybrid is a mix of two things to form one. Hybrid retail stores link the importance of a physical store with E-commerce and / or hospitality and leisure facilities