Explain how retailers can be classified based on the amount of service offered and give an example of each retailer type.

Q: Discuss the four characteristics by which retail stores are classified.

A: Four characteristics by which retail stores are classified are as follows :- 1. According to its…

Q: Describe how does (retail tangible goods) work ??

A: A tangible product is an actual article that can be seen by contact, for example, a structure,…

Q: Online retailing is an important component for clothing retailers. Analyse the advantages of online…

A: online retailing is a retailing method used by many companies to sell their products on online…

Q: Retailers overcome gaps between manufacturers and customers. Explain with the use of examples, how…

A: The distribution channel refers to the medium through which the products and goods are moved from…

Q: Define Specialty retailers?

A: Retail shop is a brick-and-mortar shop where customer comes due to his convenience and contacts or…

Q: List and understand the different types of retailer?

A: Retailing depicts the distribution procedure to sell products straight to the final consumers. The…

Q: Explain how service retailers differ from merchandise retailers.

A: There is definitely many points of differences between service retailers and Merchandise retailers.…

Q: Online retailing is an important component for clothing retailers. Analyse the advantages of online…

A: Online retailing is a process that allows customers to search, select and purchase the product with…

Q: Using the wheel of retailing, describe the characteristics of a new retailform that has just entered…

A: An outlet that is situated at several locations, shares a common brand name, management, and…

Q: Explain your understanding on e retailing and what are the implication for e-retail marketing…

A: The inventions from technology have brought so many changes in the world. In the field of business,…

Q: Explain the difference between staple and fashion merchandise? Give Examples for each type.

A: We can consider staple product those things that are fundamental and fundamental. Recall the model…

Q: Compare the first stages of the Wheel of Retailing and the Retail Lifecycle and futher evaluate…

A: The Wheel of Retailing concept in marketing explains that a retail business goes through four…

Q: Explain what is meant by the Retail Concept and list the inter related elements

A: People like to get goods and services near their home. They would like to get their products…

Q: List the services performed by wholesalers. For whom is each service performed?

A: Wholesalers are people who buy goods from producers and sell them to retailers. They act as…

Q: Find some examples of retailers that demonstrate the conceptof the wheel of retailing. Explain the…

A: Wheel of retailing is a term that explains the phases through which a retailer goes through during…

Q: Why are wholesalers important to sellers?

A: A middleman that is a connection between a manufacturer and a retailer is known as a Wholesaler.…

Q: How do retailers identify target markets? Explain the majorstrategies by which retailers reach their…

A: A retailer is responsible for both the purchasing and the assembly of goods. A retailer's…

Q: Compare and contrast brokers and agents with merchant wholesalers.

A: Comparing and contrasting agents and brokers with the merchant wholesalers:   Brokers, agents, and…

Q: 1. Identify and describe some bases for segmenting retail markets. How would a retailer use them?

A: DisclaimerSince you have asked multiple question, we will solve the first question for you. If you…

Q: What strategies distinguish the different types of generalmerchandise retailers?

A: There are several strategies to distinguish between the different types of general merchandise…

Q: outline the reasons a retailer might want to use more than one marketing channel.

A: The prime aim of retailers is to push their product to the customers. Sometimes retailers use more…

Q: The text discusses the development of online re- tailing in the United States. How does the develop-…

A: The practice of online retail requires the use of the internet and digital infrastructure to reach…

Q: Explain the term Manufacturers’ and retailers’ branches and offices?

A: A merchandiser may be a company that buys product from a manufacturer or distributer and sells them…

Q: The wheel of retailing mentions three phases for retail life cycle. The retailer attempts to up…

A: The three phases of retail life cycle is innovation, maturity and decline stage. The details are…

Q: Discuss how services retailing differs from goods retailing?

A: Good retailing is when the tangible goods are sold and service retailing is when intangible items…

Q: List and understand the different types of retailers

A: Retailers are those who buy large quantities of goods from wholesalers and trade these goods in a…

Q: In what ways wholesalers help retailers?

A: A wholesale business buys huge quantities of items directly from producers or distributors and…

Q: Retail outlets that do not have an Internet presence often complain that consumers come in to "kick…

A: According to the questions, the retail outlets that do not sell the products online are facing the…

Q: How would Trader Joe's be classified as a retail outlet in terms of ownership, level of service, and…

A: Introduction Trader Joe's is a famous grocery store chain in the United States with headquarters in…

Q: What is your favorite consumer goods retailer? Discuss the criteria you have used in making your…

A: Retailer is basically the person or business who sells the goods to consumers in small quantities…

Q: what are the role of retailers in the distribution channel and describe the major types of…

A: The retailers sell products directly to the end-consumer for their personal use. The retail…

Q: Describe the major types of retailstores. Give an example of each

A: Retailing can be defined as the process of distribution and which includes activities in selling…

Q: Identify three kinds of full-service wholesalers. What factors are used to classify wholesalers…

A: The term "wholesaler" refers to a merchant middleman who sells items in huge amounts. Wholesaling…

Q: Name and describe the three types of off-price retailers.How do off-price retailers differ from…

A: Off-price retailers can be described as those retailers who are engaged in the business of selling…