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Explanation
Shopping is not considered a
recreational activity of psychological interest. Shopping involves selection
and purchase.
"Window shopping" is an American/English phrase meaning to look into glass
windows of a shop for entertainment and imagine purchasing items without
actually purchasing, possibly just to pass the time between other activities,
or planning a purchase.
Retail pricing
The pricing technique used by most
retailers is cost-plus pricing. This involves adding a markup amount (or
percentage) to the retailers cost. Another common technique is manufacturers
suggested list pricing. This simply involves charging the amount suggested
by the manufacturer and usually printed on the product by the manufacturer.THE
pricing technique used by most retailers is cost-plus pricing.
In Western countries, retail prices are often so-called psychological prices
or odd prices: a little less than a round number, e.g. $ 6.95. In Chinese
societies, prices are generally either a round number or sometimes some
lucky number. This creates price points.
Often prices are fixed and displayed on signs or labels. Alternatively,
there can be price discrimination for a variety of reasons. The retailer
charges higher prices to some customers and lower prices to others. For
example, a customer may have to pay more if the seller determines that he or
she is willing to. The retailer may conclude this due to the customer's
wealth, carelessness, lack of knowledge, or eagerness to buy. Price
discrimination can lead to a bargaining situation often called haggling — a
negotiation about the price. Economists see this as determining how the
transaction's total surplus will be divided into consumer and producer
surplus. Neither party has a clear advantage, because the threat of no sale
exists, whence the surplus vanishes for both.
Also if you are wishing you had something in side of the store you will just
look through the glass windows.If you dont have the money to get it.
Kinds of shops
Shops are divided into multiple
categories of stores which sell a selected set of goods or services.
Many shops are part of a chain: a number of similar shops with the same name
selling the same products in different locations. The shops may be owned by
one company, or there may be a franchising company that has franchising
agreements with the shop owners (see also restaurant chain).
Some shops sell second-hand goods. Often the public can also sell goods to
such shops. In other cases, especially in the case of a nonprofit shop, the
public donates goods to the shop to be sold (see also thrift store). In
give-away shops goods can be taken for free. In Antique shops the public can
find goods that are older and unique.
Various types of retail stores:
Bookstore
Convenience store
Department store
Dollar store
Electronic commerce, B2C
General store
Hardware store
Hobby store
Hypermarket
Mail order
Pet store
Pharmacy
Supermarket
Superstore/Megamart
Surplus store
Thrift store
Travel agency
Pop Cultural References
The Pet Shop Boys wrote a song called
"Shopping" for their 1987 album Actually. It takes the totallly consumerist
approach many shoppers have, and turns it into a satire on the privatisation
culture of Britain in the 1980s.
Others:
Department stores
Supermarkets
Leading shopping streets and districts by city
Marketing topics
Distribution
Loyalty card
Marketing
Markup
Online shop
MSRP
Retailers' cooperative
Shopping hours
Shopping cart
Shopping mall
Shrinkage
Sunday shopping
Tax-free shopping
Vending machine
Personal shopper
Online Personal Shopper
Savefinder
Designers
Virtual shopping
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