produceretailing
nounUK /prəˈdjuːs rɪˌteɪlɪŋ/
US /prəˈduːs rɪˌteɪlɪŋ/
A way of selling things where the maker sells directly to the buyer.
The farm uses produceretailing to sell its fresh eggs straight to families.
RELATED WORDS
OTHER MEANINGS
2. A business model in which a producer bypasses middlemen to reach customers.
Produceretailing cut out the distributor and lowered prices.
3. The practice of a manufacturer running its own shops or online store.
Their produceretailing arm now accounts for half of all sales.
4. Selling goods made on-site, such as at a factory or farm shop.
The winery's produceretailing lets visitors buy bottles right after the tour.