
205Distribution and Retailing
For more expensive items, retailers provide extended credit terms to make it convenient
for the customer. It is not only an added convenience for the customer but also additional
income for the company.
Role of Third-Party Service Providers
Third-party service providers are becoming more evident. Banks make credit pur-
chases convenient; delivery companies like United Parcel Service (UPS) and Federal
Express (FedEx) reduce the complexity and cost of a retail store’s operations; website
managers simplify the in-store talent required; and specialized inventory companies
take physical inventories faster, more accurately ...