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The psychoogical pricing section should mention the origin of the practice. It began as a method of ensuring that hired workers rang up every sale: if an item is (e.g.) $10, the customer hands over a $10 note and the shop assistant can simply pocket it. If, instead, it is $9.99, the customer still hands over $10 but the shop assistant has to open the cash register to make change, and thus is forced to ring up the sale. Tannin
- Done. - Patrick 09:39 31 May 2003 (UTC)
Phrasing of last sentence
I had fixed up a somewhat sloppy sentence, but it was reverted. Thought I'd discuss it here. This is the sentence as it was, with the previous sentence included for context:
- Price discrimination can lead to a bargaining situation often called haggling. At stake is how the total surplus is divided into consumer and producer surplus, with for both parties the "threat" that there is no surplus at all because the sale is off.
Since what I changed it to before was unliked I changed it to somethign different, without removing any of the information. My goal was to remove the phrases 'at stake is...' and 'with for both parties the "threat"...'
- Price discrimination can lead to a bargaining situation often called haggling—an argument about how the total surplus will be divided into consumer and producer surplus. Neither party has a big advantage, because the threat of no sale exists, whence the surplus vanishes for both.
I think it is an odd formulation, they are not discussing consumer and producer surplus, although that is at stake (by the way, a term I newly introduced here, to improve on my and your formulation).--Patrick 09:20, 5 Aug 2004 (UTC)
Counter Service Shops
Counter service is not rare at all. In big cities and in Western countries counter service is less common, but throughout the world it is very common indeed.
I have added a link to www.aboutretail.net. I hope this is OK - it is not spam as this site has no advertising nor any endorsements.
18.104.22.168 13:58, 18 January 2006 (UTC)Donna Byley
I'm trying to clean up a few things in this article. I wrote my PhD on retailing, and hope to make some of the distinctions here more in line with the scholarly literature. I apologize if I stepped on anybody's toes in my editing, I'm a Wikipedia novice. --Nicolo Machiavelli 11:52, 23 October 2006 (UTC)
--22.214.171.124 (talk) 09:43, 30 March 2014 (UTC)== Technology == Retail is a huge sector with low margin. However, the technology or the retail software is usually not (relatively). This is a very informative page growing to be conclusive, hopefully. However, to me, the article, conspicuously lacks the technology aspect of it. Retail software sector is huge and has great growth opportunity, especially in the developing countries. It would be great if someone can add a section for software (my personal interest) and technology, or atleast some links to it ~ Miles (23 April 2008, 3:37 PM CST) —Preceding unsigned comment added by 126.96.36.199 (talk) 20:38, 23 April 2008 (UTC)
I found this following statement in the first paragraph of this article -
"Online retailing, also known as e-commerce is the latest form of non-shop retailing"
"Retailing consists of the sale of goods -- -- for direct consumption by the purchaser. "
How does this take into consideration the case in which one person purchases the goods and an other person consumes them. For example, if I (purchaser) buy a box of chocolate for my wife to consume. Or when a father pays for his son's snowboard.
As long as the product is not resold on a professional basis, the definition of "direct use" holds, in my mind.
- "... direct consumption by the purchaser" is too restrictive. Surely the criterion for retail sale/purchase is that there is no intention on the part of the buyer to resell the item purchased. --TraceyR (talk) 11:46, 25 August 2011 (UTC)
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Retail Industry Updates on India Retailing
Indiaretailing is a website which displays all the latest Updates,Trends,Snippets,Expert Speak, Exclusives, Excellence, Conversation related to the Retail Industry be it any Vertical-Fashion, Food Service, Food and Grocery, Beauty and Wellness, Shoe and Accessories.
Below mentioned is a latest update on retail.
QwikCilver Solutions has recently bagged the “Best Established Startup Innovation –IT Company” honour at the Express IT Awards on account of driving the adoption of Prepaid & Gift Card category by selling over 40 lakh cards across 10,000 points of sale in over 300 Indian towns and cities.
The award ceremony was the culmination of a four-month long process to select winners from across more than 400 entries received from multiple enterprise segments and corporate sectors. Industry experts like Nandan Nilekani, Kiran Shaw, Mohandas Pai, Prof Sadagopan, and Rajan Anandan comprised the independent jury for the awards. The entire selection process was also closely managed and audited by PWC.
T P Pratap, Co Founder & Chief Marketing Officer, QwikCilver Solutions, said: "We see this recognition as the result of 40 lakh happy customers of Gift Cards that have been technologically powered by QwikCilver in India! This recognition has enabled us to interact with doyens of Indian IT Industry who appreciated the QwikCilver success achieved in driving the SaaS Product Platform at the large enterprise level across more than 100 leading corporations in this relatively short period of time."
QwikCilver claims to have pioneered the prepaid and gift card category in India among more than 150 leading brands, retailers, and corporates. Shoppers Stop, Tata-Trent, Titan, Aditya Birla Nuvo, Arvind Brands, Flipkart, Makemytrip, Landmark Group, Hindustan Unilever, Cafe Coffee Day, Raymond, RP Sanjiv Goenka Group, and PVR Cinemas are some of the brands that have partnered and leveraged the QwikCilver Stored Value Technology Product Platform to launch innovations in their customer engagement programs with prepaid and gift card programs across India. — Preceding unsigned comment added by Kkandpal68 (talk • contribs) 06:02, 11 December 2013 (UTC)