Name and describe the three types of off-price retailers.How do off-price retailers differ from discount stores?

Q: . Define automatic merchandising, and explain its role in U.S.retailing today and in the future.

A: Marketing is an activity which the firm takes up to make customers. For this marketing strategies…

Q: The type of non-store retailing where sales people interact, information is conveyed and demonstrate…

A: Non – store retailing is the type of retailing practice under which a company tries to sell its…

Q: How are Fixed Cost, Variable Cost and Mixed Cost used in the retail industry? 

A: Transaction of goods or services by a business to a consumer for personal consumption is known as…

Q: Given a manufacturer’s goals for retailing their products, determine the mosteffective retail…

A: The retail strategy should have an efficient information system for the creation of sustainable…

Q: Define Wholesalers?

A: INTRODUCTION:- The sale of commodities or commodities to merchants, agricultural, professional,…

Q: How does the “Long Tail” affect the retailers? Evaluate from different perspectives (marketing,…

A: The long-tail in the retail refers to a business strategy in which the retailer or the company sells…

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 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: 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: What factors (other than price) do customers place a value on? How can a retailer use these factors…

A: Attaining and retaining customers is the most important aspect of running a business. A firm should…

Q: Explain the concepts of retail convergence andscrambled merchandising.

A: The sale of items directly to a customer who wants to utilize it from a single point of purchase is…

Q: rovide an academic definition of Retail Merchandising

A: THE ANSWER IS AS BELOW:

Q: What is the importance of Retailing?

A: Retail establishments are crucial to the widespread distribution of goods and the high exposure of…

Q: How does nonstore retailingoccur?

A: Non-store retailing is the sale of products and services outside of a retail establishment. It is a…

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: three (3) major differences between the physical store and non-store retailing.

A: DIFFERENCES: 1. Store retailing indicates that sales take place in a sho or alike establishment.…

Q: What does Retailing include?

A: Retailing incorporated the retail channels that are used by a product or a service, prices and sales…

Q: Discuss the rise of nonstore Retailing?

A: A Non store retailing can be referred to as the practice of selling products to the end customers…

Q: What is meant by nonstore retailing?

A: Retailing is defined as a distribution channel member who has the last function to reach customers…

Q: Who is Wholesaler?

A: A middle man is required to conduct the marketing activities between the producer of a particular…

Q: Explain how retailers can be classified based on the amount of service offered and give an example…

A: Retailers can be classified on the basis of amount of service which they offer. There can be three…

Q: What is meant by brick-and-mortar retailers?

A: Every company will create a distribution channel to move the goods from manufacturer to the…

Q: Name the Major store retailer types?

A: A retail store is a business activity whose primary source of selling comes from retailing.…

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

A: Introduction: Retail stores play a very important role to fulfill the demand of the people. It fills…

Q: Choose three different online retailers and highlight two examples of differentiation in each.

A: Online retailers refer to a type of electronic commerce in which consumers can buy goods or services…

Q: What are the two dimensions of the retail positioning matrix?

A: Retail positioning matrix is a tool which determines the positioning platform of a brand.On the…

Q: The text discusses the development of online retailing in the United States. How does the…

A: In the retailing industry, online retailing is a new trend that has been gaining popularity. Digital…

Q: Why owners of store brands can offer lower prices?

A: A private brand is a brand created for and sold under the name of a specific merchant, competing…

Q: Why are retailers in the limited-assortment supermarket and extreme-value discount store sectors…

A: Retailers are the mediators who deliver the product to end customers for non-business purposes…

Q: Name and describe the three types of off-price retailers.

A: Off-price retailers usually buy directly from manufacturers, so bulk quantity discounts are…

Q: What are limited-line retailers?

A: Retail business is generally said to small business that provide customers with variety of products…

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: How would you describe the store image of Dick’s Sporting Goods?

A: Dick's Sporting Goods, Inc. is an American sporting goods retailer headquartered in Coraopolis,…

Q: According to the wheel of retailing, the first step in entering a market is to come in with a higher…

A: The wheel of retailing basically consists of four stages, generally in the initial or introductory…

Q: Who are Independent off-price retailer?

A: Off-price retailers can be explained as retailers that sell high quality or superior quality goods…

Q: Name three main types of off-price retailers?

A: Off-price retailers are retailers who sell high-quality products at a very low price. They often…