How the economy is affected by the retail and consumer services is very tremendous in nature. The annual sales and employment opportunities offered by this kind of service is high so that the effect doubles. The career opportunities offered to the youngsters as well as the aged persons in the supermarkets and other retail centre is also appreciable. The retail and consumer services have different categories of job opportunities like management of stores, merchandising and actual owning of the business of retailing. In turn how the consumer is benefited from the retail centres is also important to be noted since the consumption of products and services is one of the inevitable factors of society. The Officeworks marketing functions of the marketers are the key element of bringing all the products and services to the access point of each consumer. Furthermore the wide variety of products is also noticeable.
The retail and consumer services have different elements of functions like place, time and possession so that the access of services is increased for the customers. The setting of open hours of shops and supermarkets also play an important role here. The next important effect of consumer services by retailing on common people is the building of images of products and the particular brands. The goodwill of the product can be affected by the attitude of the retailers to those products when a consumer is in the shop. Thus it is important to promote the products with the help of retailers.
On the other hand the retail and consumer services also helps in promoting different brands at the same time. Thus what the retailer can do to the sales of brands and products is much more than any other marketing methods. This is why the paid promotions have reached good demand in the past years. The sorting process by the retailers also has importance in the marketing of goods and services in the society. There is wide variety of products as well as the sellers in the market. Thus which one has to select is an important question.
The proprietors of retail and consumer services are the ones who answer the above mentioned question. The assortment of goods products from the bad ones is primarily done by the retailers by comparing the performances in the market. His or her decision to choose the product affects a lot in the entire ecosystem of business. The strategy used by the retailer is the determining element of the entire assortment process. The width and depth of the assortment completely base upon the individual retailers decision which varies from one to another. Thus advertising and other marketing methods for the retailer by the Producer Company or brand has tube selected very carefully in order to get desired results.
The retail and consumer services have great impact on the economy since the image of each product and brand among the common people is greatly influenced by the feedback of retailers in each shop and supermarkets in the market.