Retail Trade Meaning and Service Video Lecture | Business Studies (BST) Class 11 - Commerce

retail trade meaning and services in
fifth mode you'll you will learn about
the meaning of retail trade and services
provided by the retail traders you montt
have visited a nearby stationery shop
bakery shop medical store etc for your
day-to-day needs whenever you want a bio
chart paper or a notebook you visit
stationery shop and get the required
things same way for bread cakes
chocolates etcetera you go to a bakery
tea shops and the like send Goods and
provide services to you in small
quantities as and when you need them
some shops fall under the category of
retail trade let us see how retail trade
deals with the planning of commodities
to the ultimate consumers usually in
small quantities which are not meant for
resale retailer is the person himself
goods through retail trade he is
generally referred to as a shopkeeper
he sells an important connection between
producers and the ultimate consumers and
provides various services to producers
or manufacturers and wholesalers and to
the ultimate consumers in addition
retailers cater to consumers in the
following ways they maintain a regular
supply of a variety of commodities for
the varied needs of consumers
retailers also display a variety of new
products and educate their customers
about their use moreover retailers
render other services to their clients
such as credit facilities after sales
services and home delivery of products
in this module you've learned the
following retail trade deals with
selling commodities to the ultimate
consumers usually in small quantities
which are not meant for resale retailer
is the person who sells goods through
retail trade a retailer serves as an
important connection between the
producers and ultimate consumers and
provides various services to produce
those or manufacturers and wholesalers
and consumers