Question

briefly discuss any 3 services provides by retailers to consumer(3 number question)

Answer 1

Some of the basic services provided by retailers to consumers include warehousing,selling and offering various credit sales.

Explanation:

Various retail services to consumers:-

1. Warehousing:As a major middleman between the wholesalers/manufacturers and the final consumers in the market,the retailer has to ensure proper inventory availability of goods and services to adjust with any sudden and unpredictable changes in consumer demand.The consumers have to be provided with all the necessary items demanded at any point in time which is paramount in maintaining a consistent customer satisfaction.
2. Selling activities:A modern retailer or retail supermarket sells various types of products and services without any particular specialization.It provides the convenience of buying everything under one roof at affordable price ranges so that the consumers do not have to move constantly from one place to another to find respective products and services.It significantly reduces the buying or consumption time and effort along with the transportation cost thereby saving considerable time and money for the consumers.
3. Offering credit sales:Middle class and low income consumers are mostly looking various sales and discounts for much of their purchases.Retail outlets commonly offer various credit or installment sale to the customers which allows them to purchase on an installment or credit payment basis and hence,the consumers can pay later on credit during the post-consumption phase.Credit/installment sales are mostly applicable for high prices and expensive luxury items and durable commodities.This is an important retail strategy behind customer retention and attaining long term customer relationship.

Answer 2

Services are tangible assets that a firm or company has to offers customers.

EXPLANATION-

Service is the benefits that a company offers instead of money to the customer. Service is said to the support system in the business world. Service is also known as the aids to trade. Some examples of services are Transportation, Banking, Warehousing, Communications, Hospitality, etc.

The 3 services render to customers by retailers are -

•After-sale services- The after-sale services are made after the purchases of products made by the customer. After, sale services include product installation, Denotation of the product utilization. This helps to support the customer to make understanding the better way of using the product.

•Product trails - This is also a part of the service rendered to the customer when they come to make purchases. This helps the customer to understand the product well and choose from a variety of products.

•Installments Paytm as well discount- When a customer makes a big purchase from the retail showrooms the retailer provides them with good discounts as well as allows them to make the payments through different methods to create goodwill also to gain the customer priority.

Learn more about the 3 services provided by the retailer to the customer- https://brainly.in/question/3930343