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Large Scale Fixed Retailers - One Price Shop

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Topics

  • Introduction
  • Definition: One Price Shop
  • Features 
  • Real-Life Application
  • Key Point Summary
Maharashtra State Board: Class 11

Introduction

A One Price Shop is a store where all products are sold at the same price. These shops are popular for their simplicity- they remove the need for bargaining and offer a wide range of affordable products, making shopping easier for customers.

Maharashtra State Board: Class 11

Definition: One Price Shop

A One-Price Shop is a type of fixed retailer where all items are sold at a single predetermined price (e.g., ₹49 or ₹99). Customers cannot negotiate, ensuring transparency and uniformity in pricing.

Maharashtra State Board: Class 11

Features

Maharashtra State Board: Class 11

Real-Life Application

In a typical One Price Shop, you could buy a notebook, hairbrush, soap, and a set of colored pens- all for ₹99 each, regardless of their actual individual market prices.

Maharashtra State Board: Class 11

Key Point Summary

  • One Price Shops use a single, fixed price for all products.
  • They stock daily-use items and appeal to customers seeking clear, low prices.
  • Located in high-traffic areas for easy access.
  • Cash-only business; no negotiations or credit offered.

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