Supermarket Super Bazaar Meaning
Supermarket is likewise called every bit Super Bazaar inwards India.
Bazaar is a Hindi word, which way a market inwards English.
Supermarket is a large-scale retail organization, selling a broad diversity of consumer goods on the regulation of self-service. They are rightly called every bit Self-Service Stores every bit customers convey to serve themselves together with at that spot are no counter salesmen to assist the customers. Supermarkets are likewise called Food Fairs or Pick Quicks. It is a large scale retail trading scheme housed inwards a large-size premise dealing by together with large inwards numerous varieties of nutrient products, including groceries, fruits, vegetables, meat, confectionery together with dairy products. It is a retail trading scheme which resembles departmental stores exactly has a distinctive characteristic of self-service.
advantages together with disadvantages of the supermarket.
Definition of Supermarket
According to Dictionary of Business together with Finance, Supermarket is defined as,
“Large store selling a broad diversity of consumer goods, especially nutrient together with pocket-sized articles of identify requirements.”
Features of Supermarket
The characteristics or features of the supermarket are every bit follows:
1. Centrally located inwards large premises
Supermarkets are unremarkably opened inwards a fundamental locality where ample infinite is available. It is housed inwards large premises. Without such premises proper display of unlike goods cannot move arranged.
2. No sales pressure
One of import characteristic of a supermarket is self-service. There is a consummate absence of salesmen together with sales assistants. Thus, at that spot is no sales pressure level of whatever kind. Customers tin gain the axe build a pick according to their needs together with desires.
3. Maintains depression prices
The prices of goods inwards the supermarkets are reasonable or low. This is because they (companies running supermarkets) purchase inwards volume together with taste all the advantages of volume buying. Similarly, their salary neb is depression due to the absence of salesmen together with sales assistants.
4. Sell goods on a cash basis
Supermarkets sell goods on 'Cash together with Carry basis.' In such a variety of a business, credit facilities are usually non offered. This reduces bad debts.
5. Deals inwards necessaries of life
Supermarket deals inwards commodities, which are required regularly. Thus, they bargain inwards tinned products of well-known brands, groceries together with provision, readymade garments, fruits, etc. The turnover is quick every bit the demand for the necessaries of life is a continuous one.
6. Established past times companies
Supermarkets are retailing shops, which are large inwards size. They produce draw organisation on a large scale together with require huge fiscal resources. Hence, they are unremarkably established past times Joint-stock companies.
7. Deals inwards pre-packed goods
Supermarket unremarkably deals inwards pre-packed goods or products. It uses latest together with upwardly to engagement packing textile to protect character together with quantity. On all packages, prices, weights, particulars of goods, degree together with character are specified.
8. Needs huge uppercase to operate
Supermarket is a large retail trading organization. It requires a substantial amount of uppercase for large premises, huge warehousing, ample parking together with stocking of a broad diversity of commodities.
9. Provides a corking shopping convenience
Supermarket provides a corking bargain of shopping convenience every bit all goods are available nether 1 roof.
10. Keeps diversity of goods
Supermarkets proceed all varieties, novelties together with brands which gain ample range for selection.
11. Self-service store
Customers are given attractive trolleys or mitt baskets or bags for keeping goods which they wish to buy. Goods are systematically arranged together with beautifully displayed. Customers direct these goods together with proceed them inwards the trolley. Finally, they convey to come upwardly to the billing subdivision for making payment together with and then delivery is given at the delivery counter.
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