Name: Branded and Non-branded Markets in Urban Areas
Uploaded: 2019-07-19
Duration: 3 min 31 s
Description: In this video, we will learn about urban markets, the types of goods sold there, and the importance of advertisements in promoting sales.

Question

Describe various types of markets.

Accepted Answer

Weekly markets $\to$ These run on a particular day of a week, sellers and buyers are average earning or poor people. Different varieties of things can be purchased at an affordable rate here.

Neighbourhood shops $\to$ These are located in residential areas like grocery shops, stationery stores, barbershops, etc. Permanent shops, as well as temporary stalls, can be found here.

Shopping complexes and malls $\to$ These are found in urban areas. The shopping complex has hundreds of shops in a row selling varieties of goods. Branded and non-branded goods can be found here. Malls are multi-storeyed buildings having many shops on different floors. Customers here are rich.

Invisible markets $\to$ These days shopping is made simple through online mode. Anything can be purchased, both branded or non-branded. Groceries, stationeries, vegetables, etc. can be ordered and delivery is also fast.

Describe various types of markets.

Important Questions on Markets Around Us

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