Basically, retailing is a kind of business that usually dominated by the individuals or smaller family wherein they sell finished goods, products or services to the consumers in exchange of money. However, this market is increasingly being taken over by large multinational retailers. Though, there is no need to worry, there are still many retailing business ideas you can start and have that piece of cake in retail industry.
Here is the list of top 25 retail business ideas you can put up.
- Motor vehicle & parts dealers
- Food & beverage shops
- General merchandise stores (hypermarkets, department stores, discount stores, warehouse clubs)
- Food services & drinking places
- Gasoline stations (and convenience stores)
- Electronics & appliance stores
- Building material & garden dealers (home improvement)
- Health & personal care shops (pharmacy/drug stores)
- Clothing & clothing accessories shops
- Contemporary art gallery shop
- Furniture stores
- Music and instrument stores
- Sporting goods
- Hobby stores
- Book shops
- Mobile-only retailing (m-commerce)
- Internet-only e-commerce
- Multi-Level Marketing
- Direct Response television advertising
- Catalog Sales
- In-Home Demonstrations
- Vending Machines
- Handy craft stores
- Gift shops
Retail merchandises and services can be operated and sold through stores, kiosks, or even by mail or the Internet, in streets, public parks and other high traffic places.
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