Retail Point Of Sale

There are a number of channels of distributionto the manufacturer for bringing his product to the
available to the producer, which may be employed byultimate consumer. Efficient distribution at the least cost
him to bring his products to the market. Consumerand attaining the desired volume of sale can be
goods may be distributed generally through channels, insecured only after experience, study and analysis. The
each of which the manufacturers may use the salesnotice of the product, its unit value, its technical
branch or sales office as the additional alternative. Onefeatures, and its degree of differentiation from
of the channels used is Producer-Consumer, where nocompetitive products are the factors which may limit
middleman is involved. Sales are made from house tothe number of potential channel alternatives.
house or by direct mail.A retailer, as the name indicates, does retailing, which is
A second channel is Producer-Retailer-Consumer, byto say he sells to ultimate consumers. In the
which goods may be purchased directly fromdistributional hierarchy, retailers are below the level of
manufacturers. Retail stores may also be opened bystockists, distributors, and wholesalers. Sometimes,
manufacturers by this channel.retailers are termed dealers or authorized
A third channel isrepresentatives. The retailer often operates in a
Producer-Wholesaler-Retailer-Consumer, which is thesmaller territory or at his specific location; earns lesser
traditional and most economical channel. Penultimately,commission compared to higher levels in the channel;
there is Producer-Agent-Retailer-Consumer, in whichhe does not carry out stock holding and sub-distribution
many producers use manufacturing agents, brokers,functions.
etc. for reaching the retail market. Finally, there isA stockist or distributor or wholesaler is also a large
Producer-Agent-Wholesaler-Retailer-Consumer, wheresized operator but not on par with the marketer or
the services of agents are utilized by the smallersole selling agent in level, size and territory of operation.
retailers, who purchase from a wholesaler and sell toStock holding and sub-distribution, as per the policies
small stores.laid down by the manufacturers or the marketers, are
A large number of channels of distribution are availablethe main functions of stockists/distributors.