Differences in how to sell goods in retail stores/supermarkets and traditional

[Findingnemo]

Supermarts such as Costco buy every product in bulk quantity directly from the manufacturer and cutting down all the profits from middlemen so they can sell everything for cheaper while also make profits but a small shop in the street corner doesn't do the same thing, they have to buy things traditionally and add their margin which is why you see the prices are higher for the same product. This is the major difference which is obvious why there is.

[Oluwa-btc]

so what do you think is the best model to serve consumers well and gain trust?

Retail stores and supermarkets mostly sells goods at a high quality and standard thereby catering the needs of customers at a very friendly rate and prices but for some traditional stores in any local areas the prices are rather not direct and the quality to deliver to the consumers are always on a lower degree in most cases and that's the reasons people find it at ease to visit some of this supermarket for swift services.

[Hamza2424]

The difference in the way of selling goods in retail stores/supermarkets and traditional stores is very visible from the pricing mechanism and seller-buyer interaction, meaning that prices in retail stores/supermarkets are more transparent because the prices are immediately visible including the discount offers, while in traditional stores the price of goods, although carried out by the bargaining method and allows for price differences between consumers even though they buy the same goods, so what do you think is the best model to serve consumers well and gain trust?

People come to stores to buy groceries, they don't just come for window shopping, so if they are coming, they are going to buy it and they don't want to bargain about it as well and on many shops, when people come and ask for a thing they need, they should not bargain on it.

Because that's what we went for there so why would we would bargain or why would the cashier or receptionist or owner think they need to bargain here.

[Zigabel]

The difference in the way of selling goods in retail stores/supermarkets and traditional stores is very visible from the pricing mechanism and seller-buyer interaction, meaning that prices in retail stores/supermarkets are more transparent because the prices are immediately visible including the discount offers, while in traditional stores the price of goods, although carried out by the bargaining method and allows for price differences between consumers even though they buy the same goods, so what do you think is the best model to serve consumers well and gain trust?

I don't think there is exactly any way or best model to serve consumers and gain trust, serving customers is actually very dynamic, you do not use same method on any customers, some customers has got different approaches that works for them, you could do something and think is the best way that suits the customer or consumers only to later find out it doesn't work on that particular consumer so you will have to device a means of dynamism and try to understand the kind of customers you are getting and what suites them and not your assumptions alone. if you carry out a study poll you will be able to understand their various behavioral responses and approach them in that manner.

[goro_chief]

I believe that empathizing with your customers is key, but you have to look at business strategies that can work. Sometimes fast food is a good option if you pay attention to it, but I think it depends on each person, how they feel most comfortable in their trade, and whether it meets the needs of the locality

[DrBeer]

The difference in the way of selling goods in retail stores/supermarkets and traditional stores is very visible from the pricing mechanism and seller-buyer interaction, meaning that prices in retail stores/supermarkets are more transparent because the prices are immediately visible including the discount offers, while in traditional stores the price of goods, although carried out by the bargaining method and allows for price differences between consumers even though they buy the same goods, so what do you think is the best model to serve consumers well and gain trust?

From personal experience:
- Large chains: good promotions, very wide range of products, loyalty programs, cashback, etc.
- Private stores: often higher quality, although slightly higher prices. Smaller selection. Loyalty programs exist, but not on the same scale as in large chains. There are virtually no discounts or sales. But there is more “private communication” and personal recommendations.
- Classic market/bazaar: the opportunity to choose the same product from several sellers, an individual approach and discounts, small gifts, the opportunity to bargain.
I have traveled extensively around the world, visited many countries, and know that in Asian countries, bargaining is part of the culture. There, you can really bargain for the price at markets and even in stores. But I suppose that the price of the product already includes the possibility of bargaining. Although it looks attractive and pleasant.

[Anthony Bill]

Do you know that people prefer to do digital investment these days than traditional investment where physical goods is be exchange immediately. Digital investment have open people eyes to know the privacy that is involved in digital investment compare other investment that will make other people to know your earning and your losses.

[Jateng]

Supermarts such as Costco buy every product in bulk quantity directly from the manufacturer and cutting down all the profits from middlemen so they can sell everything for cheaper while also make profits but a small shop in the street corner doesn't do the same thing, they have to buy things traditionally and add their margin which is why you see the prices are higher for the same product. This is the major difference which is obvious why there is.

it's trend to buy goods from super markets or the branded shops ۔people think it as status symbol by holding bags or packaging that labelled with brands name. It's reality that same thing can be found in trending market at lower prices. I usually visit the market then I noticed that people are strongly influenced by the company advertisment or by the celebrities. They usually prefer to buy from these branded stores. super market buy the goods directly from the the factory on cheaper rate but used unique brands name or attractive packagings and add this price into the good's prices.

[Findingnemo]

Supermarts such as Costco buy every product in bulk quantity directly from the manufacturer and cutting down all the profits from middlemen so they can sell everything for cheaper while also make profits but a small shop in the street corner doesn't do the same thing, they have to buy things traditionally and add their margin which is why you see the prices are higher for the same product. This is the major difference which is obvious why there is.

it's trend to buy goods from super markets or the branded shops ۔people think it as status symbol by holding bags or packaging that labelled with brands name. It's reality that same thing can be found in trending market at lower prices. I usually visit the market then I noticed that people are strongly influenced by the company advertisment or by the celebrities. They usually prefer to buy from these branded stores. super market buy the goods directly from the the factory on cheaper rate but used unique brands name or attractive packagings and add this price into the good's prices.

Buying from the supermarts can be economical and for some products like meat or veggies can be purchased cheaper in the market like places but other goods such as electronics, groceries, clothing and many other things are found at cheaper price tag in those big stores because of they buy in bulk quantities. Some may consider it as the new trend but most of the time people think that they save money by visting these stores but actually these big stores make us to spend more than what we intend to do.