Types of Retail Outlets

Cards (6)

  • Convenience ‘corner’ Stores 
    Stores commonly attached service stations that sell a variety of products like food or magazines.
    • 7/11
    Advantages:
    • They offer discounts
    • They sell a variety of goods
    Disadvantages:
    • Prices are more high than at supermarkets 
  • Specialty Stores - Specialise in one type of product or service or a limited range of a few products.
    • Dymocks 
    Advantages:
    • The service and product knowledge provided by the sales staff
    Disadvantages:
    • You can only buy one type of product 
    • Not able to purchase all their needs in one store 
  • Factory outlets - These shops are located near factories where good are manufactured.
    • Adidas
    • Bunnings 
    • DFO
    • Costco
    Advantages:
    • They are sold to the public at a discount because the costs of transportation and wholesalers are not involved in the distribution chain.
    Disadvantages:
    • You can't price compare that item to other sale prices in other stores
    • Not very convenient,  have to travel out to the outlet.
  • Department Stores - These stores sell a large range of products within the one store.
    • David jones
    • Myer 
    Advantages:
    • Prices are often cheaper than at specialty stores
    Disadvantages:
    • Large size of the store makes it difficult to give service to the customers 
    • Prices are higher than any other store
  • Discount Variety Stores - These stores are of a plain design and offer basic customer service.
    • Kmart 
    • Target
    • BigW 
    Advantages:
    • attract a large number of customers because of their convenient location, large range of stock and cheaper prices
    Disadvantages:
    • lower quality products
  • Supermarkets - These are large, self-serve stores. Stores that sell groceries and other stuff (weekly specials).
    • Woolworths
    • Coles
    • Aldi
    Advantages:
    • offering a large range of items for sale
    Disadvantages:
    • Long checkout lines and crowded aisles.