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The marketplace is anywhere buyers and sellers meet to exchange goods, services and money.

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1. Department stores- these stores sell a variety of products such as, clothing, cosmetics, linens, shoes, jewelry, and more. This helps attract a variety of costumers. Ex. Walmart, Kohls, Target, JcPenney

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2. Specialty shops- Specialty shops offer a specific type of merchandise. This could be anything from shoes, toys, or gifts, or services, such as haircuts or portrait photography. These stores offer a broad selection of their specialty. The sales person is well informed about goods and services they sell. Ex. Shoe sensation, Barnes & nobles, American girl.

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3. Superstores- specialize in specific products, such as electronics, sporting goods, food, or office supplies. Others sell a wide variety of merchandise similar to the department stores. Ex. Jungle Jim's, staples, Hobby lobby, and Apple.

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4. Warehouse Clubs- sell memberships to customers who want buying privileges. They usually offer a wide variety of wholesale merchandise at relatively low prices. Ex. Sam's club.

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5. Discount stores- sell certain lines of merchandise at relatively low prices. Services such as deliveries, credit, and returns may be limited. Ex. Family dollar, and Dollar general.

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6. Factory outlets- Sell brand name merchandise directly to consumers. A variety of outlets will be located in an outlet mall. Outlet prices are usually lower than prices for the same merchandise in other stores. Ex. Cincinnati premium outlets (Auntie Anne's, bare minerals, Calvin Klein, Crocs, Converse, Nike, The North Face, Under Armour.)

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Non traditional sellers provide goods and services without a brick-and-mortar location. Sellers cannot be seen in person and the product cannot be inspected prior to purchase.

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Non Traditional Sellers Consumer Cooperative 

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Non Traditional Sellers Consumer Cooperative 

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A non retail association owned and operated by a group of members for their own benefit rather than for profit. Members contributes services and pay dues to participate in the cooperative.

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7. Resale shops- Sell used merchandise. The prices may be exceptionally low. Thrift shops and consignment shops are two kinds of specialty resale shops. Ex. Goodwill.

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Buying and selling goods and services online. E-commerce that takes place using a mobile phone is sometimes called m-commerce.

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The sale of merchandise on TV through shopping networks or commercials.

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Customers use catalogs to order goods and services featured on their pages

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When the supply of a specific item is greater than demands, prices fall. When demand is greater than the supply, prices rise. Rising prices tend to encourage more production and increase supply. Falling prices tend to discourage production and decrease supply, which increases demand.
Retailers use psychological pricing strategies such as BOGO, Bundle Pricing, Prestige Pricing, Odd Pricing, Even Pricing.

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Non Traditional Sellers Online Auctions 

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Non Traditional Sellers Online Auctions 

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Online auctions offer items for sale to the highest bidder. In person to person online auctions, buyers and sellers connect at close by e-mail or phone  to arrange payment and delivery.

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Businesses hold special sales and promotions to attract customers and increase sales. Promotion is the process of communicating with potential customers in an effort to influence their buying behavior. Types of promotion include advertising, sales, promotions, and selling.

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Selling directly to a customer is an important strategy that influences consumer purchasing. Sellers use high pressure selling in attempt to convince a buyer to make a quick decision. To a certain extent, a conflict of interest exists between buyers and sellers because they both want different things.
Strategies used for personal selling is high pressure selling.

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Businesses use a number of marketing strategies to increase sales and profits. Examples of strategies include price, sales promotions, and personal selling.

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The sale of merchandise by phone. Consumer protection laws require telemarketers to state clearly the company and caller name, purpose of the call, and the type of goods or services being offered.