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Wheel of Retailing

This is new hypothesis advanced by Professor Malcolm P. McNair. This hypothesis holds the view that new types of retailers usually enter the market at “low-status, low margin, low-price” basis

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One-Price-Shops

This is another type of retail shop concentrating on articles largely demanded by masses. As the name suggest, the articles form these shops are sold at a single price, irrespective of their size and quality.

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Hypermarkets

They are the latest entrants in the field of retailing scene . In the words of William J. Stanton, “the Super store also called as Hypermarket or Super – Super-market is the newest and possibly the toughest innovate competitor of the supermarkets.

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Disadvantages of markets

There are some options of disadvantages of markets

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Advantages of supermarkets

There are some options of advantages of supermarkets

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Supermarkets

The origin of supermarkets dates back to 1930, when the Great depression took place. Naturally it appeared in American marketing scene where the depression had its deep roots.

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Consumers' Co-operatives in India

It must be admitted that on the whole, the record of the co-operative movement in this country has not been very bright.

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Disadvantages of service motive

In actual practice, the consumers' co-operative retail stores have failed to realize favorable cost of operation than the typical independent retailer. For example, today they are forced to advertise to meet competition.

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Advantages of service motive

There are some options of advantages of service motive

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Specific economic aims of service motive

The originators claim that these co-operatives have certain specific economic aims. These may be summarized as follows:

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Basic principles known as “Rochdale Principles”

The co-operatives are based on certain basic principles known as “Rochdale Principles”

Click to read - Basic principles known as “Rochdale Principles”

Consumers' Co-operatives of Co-operative retailing

A consumer co-operative is a retail business owned and operated by ultimate consumers to purchase and distribute goods and services primarily to the members.

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Retailers ' Co-operatives of Co-operative retailing

These are sometimes referred to as 'voluntary chains' But there is a difference. The voluntary chains, to be precise, are organized by wholesalers and Retailers' Co-operatives are “Retailer-sponsored”.

Click to read - Retailers ' Co-operatives of Co-operative retailing

Co-operative Retailing

There serve criticism against wholesalers and various kinds of middlemen gave way to a new type of retailing. That is how the principles of co-operation were extended to the retailing scene.

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Disadvantages of hire-purchases

There are some options of disadvantages of hire-purchases

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Advantages of hire-purchases

There are some options of advantages of hire-purchases

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Characteristic features essential for the product systems

The general characteristic features essential for the product to be trade under this system are:

Click to read - Characteristic features essential for the product systems

Hire-Purchase and Installment Selling

Hire-purchase trading is a method by which the seller agrees to sell the article on the condition that the buyer shall pay the purchase price by a fixed number of installments.

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System of retailing in India

The reasons which prevent the growth of the system of retailing in India are:

Click to read - System of retailing in India

Disadvantages of middlemen type

There are some options of Disadvantages of middlemen type

Click to read - Disadvantages of middlemen type

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