What is a retail store ❓ what types are there?
What is a retail store ❓ what types are there?
What is a retail store?
Retail business or Retail Business is a business that sells goods and services directly to consumers. Which the retailers that we are familiar with are familiar faces, we can't escape a thousand Convenience stores, grocery stores, or department stores Shops, stalls, restaurants, etc.
traditional retail store Since ancient times we are known as grocery stores or grocery stores, which are often located in the community. The store's layout is not focused on designing to look beautiful or organizing products very systematically. Emphasis on family management services using working capital
📍 Retail business process
Retailers use the system to source goods from wholesalers to sell to consumers. in the procurement of the inventory The salesperson will have to check whether the customer's needs are going in any direction. And also need to build a good relationship with wholesalers. to get a lower price as well
The supply chain, or the processes that make up the purchase of a retail store, consists of manufacturers, wholesalers, retailers and consumers. Wholesalers are directly connected to manufacturers. while retailers connect with wholesalers.
Producer: Produce products by using machines, raw materials and labor.
Wholesaler : Buy finished goods from manufacturers. and sell them to retailers in large quantities.
Retailers: Sell small quantities of merchandise to consumers. At a higher price as the manufacturer suggests the price comes.
Consumers: purchase products from retail stores for personal use.
But because there are many types of retail stores. Make the above supply chain as we mentioned. This may only happen to certain types of retailers. Because some large retailers are manufacturers themselves. I am a wholesaler and is also a retailer itself.
📍 Retail business
It is a business that has been with Thai people for a long time. Because it is a store that facilitates the purchase of consumer products. Currently, retail stores have developed in parallel with the prosperity in various fields. and consumer demand until there are many large retail stores There are many types of retail businesses, the main ones can be categorized as follows:
1. Department Store
Nearly all types of retail stores from fashion stores Cosmetic stores, drug stores, bookstores, various appliances to IT equipment stores, game stores, by clearly categorizing products The interior of the mall is decorated with luxury. There is a good atmosphere for walking, shopping and relaxing. It is popular with consumers and has many people to use the service.
Examples of department stores are Central, The Mall, Robinson.
2. Shopping Mall
Shopping mall, also known as “Shopping center” is a collection of retail stores. Do not categorize products because it depends on the tenants who It can be indoors or outdoors. It has the concept of providing all-in-one services, such as restaurants, bookstores, musical instruments stores, etc. There is an activity yard to organize various events according to the festival, with a lively atmosphere.
Examples of shopping malls are The EmQuartier, Central Embassy, MBK Center.
3. Supermarket (Supermarket)
A retail store that focuses on food and household necessities. Most of them are inexpensive products. They are usually located near their residences to reach customers in general. Most of us know supermarkets because they are part of department stores. But nowadays, there is a separate, open, single, or so-called stand-alone (Stand-Alone).
Examples of supermarkets are Top Supermarket, Foodland, Villa Market.
4. Hypermarket (Hypermarket)
A hypermarket is a combination of a supermarket and a department store. Therefore, it can be considered as a one-stop retail store. There are almost all kinds of products that are used in daily life such as food, electrical appliances, clothing, focusing on selling products that are cheap and can turnover quickly. have a discount policy or discount, exchange, give away every day It is a high-investment retailer with high returns due to the highest growth rate.
Examples of hypermarkets are Big-C, Makro, Tesco Lotus.
5. Specialty Store
Retailers that sell a specific category of merchandise, such as stationery stores, flower shops, sporting goods stores. cosmetic shop Retailers that sell specialty products tend to have modern interiors. Atmosphere attracts customers to come and shop.
Examples of specialty stores are Boots and Watson, which are cosmetic stores. and beauty products, B2S and SE-ED stores, which are books and stationery stores.
6. Convenience Store
small retail store Emphasis on setting up shops in community areas The products in the stores are daily consumer goods such as food, beverages, and household items. Most convenience stores have many branches. Open 24 hours a day. The image of the shop is clean. convenient for shopping The product placement is clearly organized and categorized. Always check stock to clear expired items.
Examples of convenience stores are 7-ELEVEN, Family Mart, Lawson 108.
7. Large retail stores (Discount Store, Hypermarket)
They usually sell a wide variety of items at economical prices. Emphasize on consumers to buy products in bulk in order to have a high volume of product sales. Focus on products and services that are easily accessible. Not as luxurious as the other brands in department stores.
The appearance is like a merging of supermarkets and department stores together. There is entertainment and fun to be a zone. There will also be household products. General consumer goods as well, such as Tesco Lotus, Big-C, Makro.
8. Mini-mart
Minimarts are similar to convenience stores. is located in a community area or suburban area where the community is not very dense or in various gas stations Product placement is divided into categories. The products mainly focus on consumer products such as food and household goods, but the size of the store is smaller than a convenience store.
Examples of mini marts are Jiffy Shop, Shell SELECT, Tiger Mart, Star Mart.
9. Grocery Store
small retail store Also known as “sho-huay shop”, it is a traditional store that sells everyday consumer goods. There is a small area, about 1-2 booths, most of which are family-run businesses. or as a supplementary business Therefore often use the area from the residence such as row houses, houses, and shops that are not decorated much. because it focuses on selling to local people Grocery stores are now dwindling. But it can still be seen in various communities in general.
You will be able to see what a retail store is and how it works. And there are many types of retail businesses in Thailand. Who is about to open a retail store? It can then be divided that the store you are about to open is a good kind of retail store.
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