Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are the major difference between the retail business and FMCG Business?

user-image
Question added by Prabin Rai , inventory officer , bijaya motor
Date Posted: 2017/05/04
muhammad waqas yasir
by muhammad waqas yasir , Chief Executive Officer , SAHAR 3G Kabul, Afghanistan

the basic thing in FMCG is that it doesn't brand thing it is like necessity and can be used for survival 

while in retail the products may be sold in the years.

 

the profit ratio of the FMCG is less and the circle of sales is quite high while in retail the profit is quite high as the product is kept as an investment

 

general daily life items are FMCG and can be changed as the demographics are changed while retail don't have this kind of issue

Shaik Alavudeen Amanullah
by Shaik Alavudeen Amanullah , Business Development & Operation Executive , Saadi Saad Al Harbi & Partners Company

The major difference between retail and FMCG industries are 

1. B2B & B2C ( Business to Business ) in Retail sector and (Business to customer) in FMCG Sector

2. About Stock : Fast moving consumer goods are required stock availability more often than retail

3. In terms of payment -FMCG use cash & retail will use cash, PDC, LC, Bank transfer etc

4. Marketing - FMCG required more ads and promoters comparing retail industry

fmcg va retailer

Hope this explain the difference

More Questions Like This