Retail selling involves face-to-face communication between salespeople and customers in a retail business. Retail salespeople approach customers when they come in to a store, ask questions, listen to customer needs and make product or service recommendations. Selling is especially important in higher-end retail environments or in stores with complex solutions.
In simple retail selling transactions, sellers simply assist buyers in finding the right product to match a stated need. Effective retail sellers often find opportunities to suggest add-on sales of similar products or cross-sales of different products. Retail selling is closely related to customer service in that sellers often shift to service providers when handling customer complaints.Learn More
An entrepreneur can start a retail business by choosing a familiar product he wants to sell, finding a location for his retail business, and registering his business. He must have a business plan to guide business decisions, such as how much to spend on marketing or supplies.Full Answer >
MLM companies are organizations that utilize a sales system where the salespeople earn commission on their own sales in addition to a smaller commission on sales generated by people they recruit to become salespeople for the organization. MLM stands for multi-level marketing, and MLM companies believe that this sales system is the most effective way to sell their particular products. Well-known MLM companies include Mary Kay Cosmetics, Avon and Tupperware.Full Answer >
Petroleum forms from the interaction of various hydrocarbons, ancient marine life and certain minerals, such as sulfur, under intense pressure. It is a fossil fuel that is the byproduct from the remains of bacteria, plants and algae.Full Answer >
According to the Green Hotels & Responsible Tourism Initiative, a negative effect of tourism is the strain it can put on the environment as well as native cultures in destination countries. Negative impacts of tourism are especially likely to occur in destinations that receive too many visitors.Full Answer >