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

Give four differences between a mall and a neighbourhood shop.

Accepted Answer

Four differences between a mall and a neighbourhood shop are as follows:

Mall Neighbourhood shop

1. Malls are large, multi-storey complexes with numerous shops, restaurants, and entertainment options. 1. Neighbourhood shops are smaller, often single-storey establishments, catering to the immediate local area.

2. Malls typically offer a wide variety of products and brands, including national and international ones.
2. Neighbourhood shops have a more limited selection, focusing on daily necessities and catering to the local preferences.

3. Malls offer a one-stop destination for shopping and entertainment. 3. Neighbourhood shops provide quick purchases and emphasise supporting local businesses.

4. Malls have a bustling and modern ambience. 4. Neighbourhood shops have community-oriented feel, with shopkeepers often knowing their regular customers personally.

Give four differences between a mall and a neighbourhood shop.

Important Questions on Markets Around Us

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