What is the retail

Question

What is the retail

Accepted Answer

Retail refers to the sale of goods or services to consumers for personal or household use.

Retail involves selling products directly to customers through various channels such as brick-and-mortar stores, online platforms, or mobile apps.
Retailers purchase goods from wholesalers or manufacturers and sell them at a markup to make a profit.
Customer service associates in retail are responsible for assisting customers with their purchases, addressing inquiries or concerns, and ensuring a positive shopping experience.
Examples of retail businesses include department stores, supermarkets, specialty shops, and e-commerce websites.

Accepted Answer

Retail means the sale of goods or merchandise for direct consumption by the buyer in small or individual quantities from a designated location, such as a department store, boutique, kiosk, or by mail.  Retail also means shop and shopkeeper.

Some examples of retail are: supermarkets, department stores, specialty stores, convenience stores, online stores.

Some of the functions of retail are:

merchandising

marketing

customer service

supply chain management

Retail marketing may include digital advertising, in-store advertising, or both.  Retail marketing is any method of marketing that helps customers find the right product for them.

Fast moving consumer goods generally come in the retail sector.  These include canned food, drinks, cosmetics, soap, oil, toothpaste, clothes, luxury items.

What is the retail

Top Reliance Retail Customer Service Associate interview questions & answers

Popular interview questions of Customer Service Associate

Top HR questions asked in Reliance Retail Customer Service Associate