The type of non-store retailing where sales people interact, information is conveyed and demonstrate merchandise benefits to consumers is Television home shopping b. Internet channel O c. Direct selling O d. Catalog channel
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Q: three (3) major differences between the physical store and non-store retailing.
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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…
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- The positioning of the retailer at the retail stage of the retail cycle is ________________. a.concept creation B.specialty c.Special needs D. wide market The market slots that other retail traders haven't invested yet are: a.Weak points B.Threats c.strength point D. Chances 10- Which of the following is the retail function of a retailer? a.Awareness of the product manufacturer B.Sells a large amount to the consumer and consumers c.Price adjustment based on consumer demand D.Reach a small number of customersWhich of these describes a retail store which uses a medium-end strategy? a. Premium items b. Moderate pricing c. High price d. Cheap merchandise1. Why would one retailer seek to be part of an exclusive distribution channel while another seeks to be part of an intensive distribution channel? 2. Define the term "total retail experience." Then describe a recent retail situation in which your expectations were surpassed and state why.
- Which of the following is a key strategic option of store retailers? a) Selective distribution () b) Online retailing c) Direct selling d) VendingA key difference in competition between retailing and e- tailing is that ....... Select one (a) retailers pay more money for customization (b) retailers take less time for customization (c) e-tailers take longer time for customization (d) e-tailers pay less money for customization1. Compare the functions of the Wholesaler with those of the Retailer. a. What can consumers do to eradicate the middleman? b. What happens to the price of goods as they pass through the chain of distribution?
- When companies must deal with fixed retail prices, which selling method is the LEAST EFFECTIVE?a.) Online sellingb.) Personal sellingc.) A & B are equally ineffectived.) Bulk selling1- Identify from the following options the factor that forces the producers and the retailers to offer the best product and services to the customers. a. Product assortment b. Retail Competition c. Retail format d. Price promotionProducts and services fall into two broad classifications based on the types of consumers that use them. Which is one of these broad classes? Select one: a. supplies and services b. industrial products c. materials and parts d. specialty products Which of the following functions is NOT performed by channel members? Select one: a. Promotion b. Negotiation c. Matching d. Manufacturing
- 2- Retailing includes all the activities in selling goods and services to final consumers for _____________. a. Business use b. Non personal use c. Commercial use d. Non business use7- Gifts and goods wrapping services is an example of ________ a. Entertainment and amusement retailers b. Personal service retailers c. Repair services retailers d. Miscellaneous service retailersWhich isnt a possible benefit of good Market Basket Analysis? Guidance in where products can best be placed in a retail setting. Improved sales through product bundling. Improved data quality in database transactions. Identification of cross selling opportunities. Better ordering of stock inventory.