MCC 5310 - Discounters 
MCC 5310, known as "Discounters," is designated for discount stores that generally offer a wide array of merchandise at reduced prices. These businesses operate on a model that emphasizes high sales volume and low-profit margins, appealing to cost-conscious consumers seeking bargains. Typical types of merchandise include groceries, clothing, home goods, electronics, and more. Discounters are known for providing significant value by offering products at lower prices than traditional retail outlets.
Types of Services
- Retail Goods: Includes a broad range of products such as apparel, household items, electronics, and groceries. These are sold in-store or online at discounted prices.
- Private Label Products: Many discount stores offer their own branded products that are often priced lower than other name brands.
- Clearance and Overstock Sales: Often have sections dedicated to selling clearance items or overstocked goods at further reduced prices.
Related MCCs
- MCC 5411: Grocery Stores and Supermarkets: While discount stores may sell groceries, this MCC is specifically for stores primarily offering food products.
- MCC 5300: Wholesale Clubs: Similar in offering bulk discounts but primarily serve bulk purchases rather than individual discounted items.
- MCC 5331: Variety Stores: Offer a mix of items at budget prices but not necessarily at discounted rates or through a high-volume strategy.
FAQs
- What distinguishes discounters from other retail stores?
- Discounters sell a wide range of goods at lower prices, focusing on high sales volumes with low margins, while traditional retail stores may prioritize brand selection and customer service with higher price points. - Are all products in discount stores cheaper than elsewhere?
- Generally, yes. However, discounted items may include surplus, private-label, or lesser-known brands, and the price advantage may vary across product categories. - Why do discounters have a high sales volume model?
- The high sales volume allows them to keep profit margins low, encouraging large purchases and customer loyalty by continually offering lower prices.
Merchants with MCC 5310 ↓ Add ↓
- BIG W Macarthur - 255 Queen Street, Brisbane City
- Kmart Blacktown - 28 Patrick Street, Blacktown
Add a Merchant with MCC 5310:
MCC Categories
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