Putting Up A Retail Store

This is an activity that involves selling commodities directly to the consumers.

• Retailing

• Cooperative

• Entrepreneurship

• Merchandise

All these are the importance of retailing except...

• Retail stores help consumers with limited budget to be able to buy the items which are badly needed in small quantities at lesser amount.

• Retail stores offer personalized services like gift-wrapping or free delivery to nearby customers.

• Retail stores are open on weekends because more consumers are available to go and buy goods on Saturdays and Sundays.

• Retail stores offer a wide range of merchandise like medicine that does not need a doctor's prescription and common household items such as nails, wires, and pins.

• Retail stores are open everyday from morning to evening and are usually located within or very close to the neighborhood.

Which of these are the problems in selling?

• Desire to easy and unreasonable profits

• Buying of unnecessary supplies

• Open everyday from morning to evening

• Lack of knowledge in operating a retail store

• Limited merchandise to sell or render

In putting up a retail store, there are factors to consider. What refers to the amount of money to be spent in order to put up a sari-sari store?

• Location

• Merchandise

• Facilities

• Capital

What refers to the things or items that are needed to operate the store?

• Facilities

• Merchandise

• Commodities

• Equipments

This refers to the place where you may open your sari-sari store.

• Setting

• Location

• Google map

• Area

It refers to the commercial goods that you put in your store for sale.

• Sales

• Capital

• Merchandise

• Goods

Which of the following is another factor to consider in putting up a retail store?

• Need of the buyers

• Pleasing personality

• Nature of the goods

• Salability of the items

Which of these are to be consider in buying the items for the store?

• Salability of the items

• Nature of the goods

• Pleasing personality

• Kinds of supplies

• Needs of the buyers

What correct selling practice does this violate?

• A store owner should be sincere and honest.

• A store owner should be polite.

• A store owner should be friendly and cordial.

• A store owner should be knowledgeable of his/her merchandise.