Types of Retailing in Nigeria
- Self Service Stores: This is a form of retail business unit in which goods have price tags and are displayed on the shelves where customers serve themselves by gathering whatever they want to buy.
- Supermarkets: This type of retail outlet has a resemblance of the self service stores; it deals mainly on household goods like fruits, fish, meat, butter, bread, can foods, frozen foods, fresh eggs, etc.
- Mail Order Business: This is a form of retail business conducted through the post office. Customers send their orders through postal means and if agreement is reached between the seller and the buyer, the goods are sent to the buyer either by post or any means of transport.
- Retail Co-operative Society: In this form of retail business, consumers come together, contribute capital in order to purchase goods directly from the manufacturers at cheaper rates and distribute to their members.
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Somtochukwu
Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd