7. Explain the differences of Retail-Etail.
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The retail model involves leasing a display room, ordering products into inventory which are stocked on display shelves. Shopping is either do-it-yourself or salesperson-assisted. ... The e-tailing model, on the other hand, has much more in common with catalog mail order sales than with retail.
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Retail means to sell consumer goods or services to customers through multiple channel of distribution to earn profit whereas Etail means to sell consumer goods or services online .The full name of E tail Electronic retailing.
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