imagine life without your local market . what difficulties would a consumer face if there is no retail shop ?
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a retail shop is very very neccesery in our day to day life.we can imagine how difficult it could be if there would be no retail shop.
according to me in case of no rtetail shop following circumstances could happen;-
1)as generally retail shops are near residential areas people would either have to go to malls or supermarket stores like more,big bazar,relience mart etc.
2)consumers willl have to pay higher because in retail shops we may get products at discounted rates but this is not in case of megastores or malls.
3)at retail shops there is a choice we can have convenience of making choices among various retail shops.for example we can search four or five shops before choosing a particular dress or any other product but in case of mega stores or malls we do not have much choice
according to me in case of no rtetail shop following circumstances could happen;-
1)as generally retail shops are near residential areas people would either have to go to malls or supermarket stores like more,big bazar,relience mart etc.
2)consumers willl have to pay higher because in retail shops we may get products at discounted rates but this is not in case of megastores or malls.
3)at retail shops there is a choice we can have convenience of making choices among various retail shops.for example we can search four or five shops before choosing a particular dress or any other product but in case of mega stores or malls we do not have much choice
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Answer:
Imagine life without your local market. What difficulties would a consumer face if there is no retail Shop. (i) In the absence of a retail shop consumer will have to store the goods. (ii) In the absence of a retail shop, a consumer shall not be able to make a good selection.
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