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Shopping New Zealand
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Zealand's #1 Shopping Information Website, here you can find
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Shopping is the purchase of goods and services from
retailers. Shopping is fun for some people.
Explanation
Shopping is considered a recreational activity of
psychological interest. Shopping involves selection
and purchase.
"Window shopping" is an American/English phrase
meaning to look into glass windows of a shop for
entertainment and imagine purchasing items without
actually purchasing, possibly just to pass the time
between other activities, or planning a purchase.
Retail pricing
The pricing technique used by most retailers is
cost-plus pricing. This involves adding a markup
amount (or percentage) to the retailers cost.
Another common technique is manufacturers suggested
list pricing. This simply involves charging the
amount suggested by the manufacturer and usually
printed on the product by the manufacturer.
In Western countries, retail prices are often
so-called psychological prices or odd prices: a
little less than a round number, e.g. $ 6.95. In
Chinese societies, prices are generally either a
round number or sometimes some lucky number. This
creates price points.
Often prices are fixed and displayed on signs or
labels. Alternatively, there can be price
discrimination for a variety of reasons. The
retailer charges higher prices to some customers and
lower prices to others. For example, a customer may
have to pay more if the seller determines that he or
she is willing to. The retailer may conclude this
due to the customer's wealth, carelessness, lack of
knowledge, or eagerness to buy. Price discrimination
can lead to a bargaining situation often called
haggling — a negotiation about the price. Economists
see this as determining how the transaction's total
surplus will be divided into consumer and producer
surplus. Neither party has a clear advantage,
because the threat of no sale exists, whence the
surplus vanishes for both.
Kinds of shops
Shops are divided into multiple categories of stores
which sell a selected set of goods or services.
Many shops are part of a chain: a number of similar
shops with the same name selling the same products
in different locations. The shops may be owned by
one company, or there may be a franchising company
that has franchising agreements with the shop owners
(see also restaurant chain).
Some shops sell second-hand goods. Often the public
can also sell goods to such shops. In other cases,
especially in the case of a nonprofit shop, the
public donates goods to the shop to be sold (see
also thrift store). In give-away shops goods can be
taken for free. In Antique shops the public can find
goods that are older and unique.
Types of retail stores:
Bookstore
Convenience store
Department store
Dollar store
Electronic commerce, B2C
General store
Hardware store
Hobby store
Hypermarket
Mail order
Pet store
Pharmacy
Supermarket
Superstore/Megamart
Surplus store
Thrift store
Travel agency
Pop Cultural References
The Pet Shop Boys wrote a song called "Shopping" for
their 1987 album Actually. It takes the totallly
consumerist approach many shoppers have, and turns
it into a satire on the privatisation culture of
Britain in the 1980s. |
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