Presentation on theme: "What does this infographic show you?"— Presentation transcript:
1 What does this infographic show you? Think pair share:What does this infographic show you?
2 Learning Objectives by the end of this lesson students…. All StudentsTo understand what the terms sub-sector, channel and business size is.Most StudentsSome Studentsjj
3 Recap-Retail“Retail involves a business or person that sells goods to the consumer. A wholesaler sells to a business.”Types of storePhysicalOnline(eRetailing)
4 Today we will be covering Sub-sectorsSizeLocationOwnershipFormatHow do the above terms relate to retail?
5 Retail involves Location Size (Local, Regional, National, Online) (Small 0-50, Medium , Large 250+)OwnershipIndependent, Multiple, Franchise)Channels
6 Sub-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?
8 Sub 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
9 Size Small 0-49 Medium 50-249 Large 250+ The size of a business is usually catagorised by the number of employees within the company.
10 Retail 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