Presentation on theme: "What does this infographic show you?"— Presentation transcript:
1What does this infographic show you? Think pair share:What does this infographic show you?
2Learning Objectives by the end of this lesson students…. All StudentsTo understand what the terms sub-sector, channel and business size is.Most StudentsSome Studentsjj
3Recap-Retail“Retail involves a business or person that sells goods to the consumer. A wholesaler sells to a business.”Types of storePhysicalOnline(eRetailing)
4Today we will be covering Sub-sectorsSizeLocationOwnershipFormatHow do the above terms relate to retail?
5Retail involves Location Size (Local, Regional, National, Online) (Small 0-50, Medium , Large 250+)OwnershipIndependent, Multiple, Franchise)Channels
6Sub-sectorRetail sub sectors are the different categories of product types.Sub sectors of a main business, say a car dealership, might be (1) car sales, (2) car maintenance, (3) parts & sparesWhat sub-sectors do Tesco have? What ‘groups’ of products do the sell?
8Sub SectorsSub Sectors Product-related ‘sub-divisions’ of the retail industry, e.g. clothing, electrical goods, food and grocery, footwear, DIY, music and video, Insurance etcTesco has many sub-sectors within their supermarkets and company as a whole. The sub-sectors of Tesco could be: Fruit and Veg, Dairy, Electrical, Gaming, Entertainment, Hair and Beauty Household, Bank, Insurance
9Size Small 0-49 Medium 50-249 Large 250+ The size of a business is usually catagorised by the number of employees within the company.
10Retail FormatThis is the general nature of the retail mix in terms of range of products and services, pricing policy, promotional programmes, operating style or store design and visual merchandising.IndependentDepartment store (John Lewis, Debenhams)Supermarket (Tesco, Morrison's)Hypermarket (Sports Direct, Tesco, Asda)Shopping centre's (Westfield's)Wholesalers (Cosco)E-retailing