Shopping complexes and Malls Flashcards
What kind of items are usually sold in malls and shopping complexes
Branded items like readymade clothes, home appliances, etc.
In some malls there are food courts, where people can purchase food items for consumption
How are the products sold in these places
These branded goods are expensive, often promoted by
advertising and claims of better quality.
Which people usually buy from here
Usually people who have higher income can afford to but these branded items
What are malls
large multi-storeyed air-conditioned buildings with shops
on different floors
What are shopping complexes
markets in the urban area that have
many shops
Who are the sellers here
Big buissnesses and traders
Why do people not bargain in
shops located in malls whereas
they bargain in weekly markets?
1) The shops located in malls are generally fixed-price shops.
2) The goods available in shops located in malls are generally branded and are sold on a fixed profit margin.
3) The buyers, who go to shops and showrooms located in malls, are high profile, rich people.
4) They dont bargain as if they do the shops would not agree to change the price but in weekly markets the seller might agree to change the price
