Retail Essay Example | Topics and Well Written Essays - 1250 words

Retail - Essay Example Retailing is a critical part of modern society because of convenience. Retailing fosters the transportation and presentation of consumer goods to the doorstep of buyer’s doorstep (O’Brien and Harris, 2012). The community gains from retailing as retail enterprises conduct marketing roles that make it likely for consumers to make use of a wide range of commodities and services. A second critical role played by retailing in contemporary society is availability. Commodities and services do not have value for consumers until they acquire and use them. Retail enterprises get commodities and services from various locations, categorize them at one point in line with consumer needs, and foster consumer availability. Retailing is also a critical part of modern society because of bulk convenience. Retail shops itemize bulk goods and present them in amounts and sizes as wanted by customers (O’Brien and Harris, 2012). Retail stores assist consumers by offering suitable goods, services, and guidance in the packaging and amounts they want. Retailing is assures a supply chain, which is critical to contemporary society. A supply chain ensures the flow and availability of commodities and services to consumers after leaving manufacturers or distribution points (Madaan, n.d.). The supply chain is an incorporated framework in which retail enterprises play a vital role. The relationship between retail enterprises and manufacturers or distributors is a categorization process. This process entails gathering a variety of commodities and services from a broad array of suppliers, and presenting them for sale (Madaan, n.d.). Another chain assured by retailing is the value chain that is critical for modern society. When buyers buy products, retail enterprises ought to order additional products to refill their stock (O’Brien and Harris, 2012). Afterwards, manufacturers buy additional resources to use to make additional products. This process is the root of consumer spending, which drives modern society. Retailing also boosts employment, which is a critical aspect of modern society. A host of enterprise communities and individuals make up the manufacturing, distribution, and retailing process of economy. Retailing makes up the biggest revenue maker and job producer just after agriculture. Retailing offers jobs to the least financially fortunate and unprofessional together with the learned and skilled.