selling by pieces

selling by pieces

Retail trade or retail selling involves the sale of goods or merchandise from a specified location, such as a store, shop or kiosk, or by mail order, in small or individual spaces for direct consumption by the purchaser. Retail sale can include additional services such as delivery. Suppliers may be individuals or companies. In trading, a retailer or retailer buys goods or products in large quantities from producers or importers, either directly or through a wholesaler, and then sells small quantities to the end user. Retail establishments are often called boutiques or department stores. Retailers are at the end of the supply chain. Manufacturer marketers see segmentation as a necessary part of their overall distribution strategies. The term “retail” applies to services for the needs of a large number of individuals, such as public utilities and electric power.