Ideas to learn from a supermarket business

Mastergp

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A super market is a large retailing business unit selling mainly food and household item on the basis of high turnover,wide variety and assortment, self services with much emphasis on merchandise appeal. In order to stimulate store traffic, the supermarket typically promotes its low prices through aggressive advertising, mass product displays, readily accessible reserve stocks, adequate checkout counter and parking lot.

Super market are self services outlets with a minimum selling area of 2000 square feet, having three or more checkout points and offering a full range of foodstuffs and household items under one roof, example : frozen food, dairy products, groceries.
And it has an important features which includes the following:

Use of price tags:
In super markets, goods are well displaced and price tags are placed on them.

Operate self services system: super markets operate self service systems which enable customer to buy goods of their choice.

Huge capital requirements:
A huge amount of capital is required to set up and operate a super market.

Located around residential area:
Super market are usually located around residential area and cites.
 
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