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What do you understand by the term Retailing? Briefly explain the rece

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What do you understand by the term Retailing? Briefly explain the recent evolving trends in Indian and global retailing


Posted on : 2024-08-27 15:38:53 | Author : IGNOU Academy | View : 31

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### Understanding Retailing

Retailing refers to the process of selling goods and services directly to consumers for their personal or household use. It encompasses a wide range of activities, including the selection, buying, and display of products, customer service, and the facilitation of transactions. Retailing occurs through various channels, such as brick-and-mortar stores, online platforms, and other forms of direct sales, like door-to-door marketing or vending machines. The retail sector is a critical link between manufacturers and consumers, playing a vital role in the economy by driving consumer demand and contributing significantly to GDP.

### Recent Evolving Trends in Indian and Global Retailing

1. Omnichannel Retailing:
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Degree : BACHELOR DEGREE PROGRAMMES
Course Name : Bachelor of Business Administration in Retailing
Course Code : BBARIL
Subject Name : Overview of Retailing
Subject Code : BRL 101
Year : 2024 2025



IGNOU BRL 101 Solved Assignment 2024 2025
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