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- Advantages of Departmental Stores include123:
- Economy in Large Scale Buying: Departmental Stores purchase goods in bulk quantity, which increases their bargaining power.
- Economy in Advertising: Departmental Stores are large scale retail organizations, which allows them to advertise economically.
- Economy in Overheads
- Services to Customers
- Service Element
- Assured Sale of Standard Goods
- Effective After-Sale Services
- Helpful to Customers in Making Selection
- Economies of Bulk Purchases: Departmental Stores buy directly from manufacturers, which gives them special concessions on account of their bulk purchase. They avoid expenses incurred on middlemen, so prices charged by departmental stores are comparatively lower.
- Providing Variety of Products
- Convenience of Choice
- Centrally Located
- Employing Specialists
- Lesser Selling Costs
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Advantages of Departmental Stores
- 1. Economy in Large Scale Buying A Departmental Store purchases the goods in bulk quantity. It increases the bargaining power of the store. ...
- 2. Economic in Advertising A departmental store is a large scale retail organization. ...
www.googlesir.com/advantages-and-disadvantage…Top advantages of a departmental store are: (1) Economies of Bulk Purchases (2) Providing Variety of Products (3) Convenience of Choice (4) Economy in Advertising (5) Centrally Located (6) Providing Services to Customers (7) Employing Specialists and (8) Lesser Selling Costs.www.yourarticlelibrary.com/stores/top-8-advantage…Departmental stores buy directly from manufacturers. They are given special concessions on account of their bulk purchase. They avoid expenses incurred on middlemen. So, prices charged by departmental stores are comparatively lower.accountlearning.com/departmental-stores-characte… - People also ask
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