A | B |
Retail Store | Obtains goods from wholesalers to sell to consumers |
Wholesale | Obtains goods from suppliers to sell to retailers |
Department Store | Sells a variety of goods and services in a single store |
Warehouse Club and Super Store | Offers price advantages and wide product selection to its members |
Discount Store | Sells certain lines of merchandise at below-average prices |
Consignment Store | Sells used merchandise at reduced prices |
Thrift | The quality of being frugal, using resources wisely |
Specialty Store | Sell goods and services for specialized purposes |
door-to-door sales | Salesperson comes to home, either by invitation or not |
catalog shopping | Shopper calls on telephone to buy goods listed in catalog |
telemarketing | Seller calls on telephone to sell goods or services |
T-commerce | Shopping in response to ads on television |
E-commerce | Buying goods and services on the Internet, including Internet auctions |
reliability | Being able to depend on a person or business to back up their claim |
services | Special consumer features offered by a store or other seller |
impulse buying | Buying on the spur of the moment, without planning |
warranty | A guarantee that a product will perform up to specified standards, four types are implied, written, full, and limited warranties |
estimate | A total expected cost, in writing, for perform services |
work order | Gives authority to a service provider to perform services |
contract | Legally binding papers signed by all parties in an agreement |
service warranty | Guarantees certain quality standards of performance |