Traditional Culture Encyclopedia - Traditional stories - Characteristics of retail management
Characteristics of retail management
1) traditional retail industry:
Rich commercial forms, such as supermarkets, department stores and convenience stores.
Low profit rate and high cost.
There are many kinds of products and various specifications.
2) Online retailing:
Low price, online shop, reduce store rent, decoration and other expenses.
Inventory pressure is low, and online retailers place orders with manufacturers according to customer orders, thus reducing inventory backlog.
Brand-new concept of time and space, consumption has no time limit and no geographical obstacles.
The information transmission speed is fast, and the network mode makes the information transmission more comprehensive and timely. (For details, see Zheng Hang official website's article)
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