Question

Describe the main demerits of retail trade

Answer 1

Answer:

• Difficult to Sell .

• Lower Profit Margin.

• Impersonal.

• Competition.

Explanation:

1.diffucult to sell :Large retailers move enormous amounts of product each day.

2.lower profit margin:. Retail giants have the advantage of enormous revenue figures.

3.impersonal:dealing with retail giants is similar to dealing with a large international bank in that the communication is impersonal.

4.competition:Retail giants often stock products from hundreds of manufacturers. The retailer that buys your product may also buy five similar products from other manufacturers, leading to a competition between products.

Answer 2

Answer:

hey mate!

 An industry that sells primarily to individuals, not corporations. Usually, retail refers to retail outlets, where customers shop. With the Internet boom, many retail stores also sell products on their Web sites.

DEMERITS:

**Less Profit .

**Difficult to Sell .

** High Competition in market.

**High price

Explanation:

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