– Consumer/ FMCG Industry Domain

Consumer Domain / FMCG

Consumer Goods Sector

The consumer goods sector is a category of stocks and companies that relate to items purchased by individuals and households rather than manufacturers and industries. These companies manufacture and sell products intended to be used directly by buyers for their own use and enjoyment. This sector includes companies involved in food production, packaged goods, clothing, beverages, automobiles, and electronics.

brings you domain knowledge of the consumer goods industry to help advance your understanding of the business model and industry dynamics. Begin build your industry domain knowledge! Rapidly improve your business skills and improve your industry knowledge. !

Durable consumer goods

Durable goods are consumer goods that have a long lifespan (eg 3+ years) and are used over time. Highly durable goods such as refrigerators, cars, or cell phones typically continue to be useful for three or more years of use, and therefore durable goods are typically characterized by long periods between successive purchases.

Retail Industry Overview

Retail is the combination of activities involved in selling or renting consumer goods and services directly to end consumers for their personal or household use. In addition to selling, retailing includes activities as diverse as purchasing, advertising, data processing, and inventory management. This article explains the meaning of retail trade and its etymology. Understand the meaning and constituents of the retail industry and the role it plays in the economy of any nation.

Importance of the retail sector

Consumers benefit from retail as retailers performing marketing functions that allow customers to have access to a wide variety of products and services. Retail also helps create place, time, and utilities of possession. A retailer’s service also helps to improve the image of a product. Retail trade has a huge impact on the economy. This implies high annual sales and employment. Learn the importance of the retail industry in this article.

Retail Industry - Drivers and Dynamics

To succeed in the retail industry, retailers must offer compelling value propositions and be responsive to market dynamics. The continued rise of e-commerce has changed the dynamics of the retail industry in such a way that it has forced retailers to drastically reallocate their resources to multi-channel strategies. This article focuses on the drivers and dynamics of the retail industry which provides the reader with a basic understanding of the factors that influence this trade. Understand the business drivers and dynamics of the retail industry

Retail Industry - Business Model

A retail business model explains how a retailer creates value for its customers and captures value from markets. In retail, a business model would dictate the product and/or services offered by the retailer, the pricing policy it adopts. There are many different types of retail establishments and the industry as a whole has seen the boundaries that separated the wide range of retail businesses become much blurred. Understand the main business models adopted by the retail sector. Understand the different means that players in the retail industry use to reach the end consumer.

Retail Industry Sectors: Types of Retail Trade

A marketplace is a place where goods and services are exchanged. The traditional market square is a town square where traders set up stalls and shoppers browse the wares. Today, retail products are typically sold in a number of different establishments. Convenience stores, specialty stores, department stores, supermarkets and hypermarkets, discount stores, multi-channel stores are some models used by the retail industry to provide goods to end customers.

Retail Industry: Current Challenges

Consumers today choose multi-channel experiences and expect it to be a seamless experience. To build customer loyalty, retailers must provide an experience that stands out from the rest. Learn about the challenges facing the retail industry today. Multi-channel sales channels, changing consumer behavior, technological advancements, growing competition, increasing fraud, and supply chain management are some of them that require immediate attention.

Retail Industry Competitive Landscape

In a competitive landscape, players in the retail industry must compete in many ways. In this article, we will learn about the competitive landscape of the retail industry. Discover the major players in the retail industry and their company profile. Learn more about the top 5 industry players. Competition is tough, especially for small businesses. Knowing how companies compare to the competition is important for your business strategy.