EP MARKETING
7th Edition
ISBN: 9781260428223
Author: Grewal
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 17, Problem 6MA
Summary Introduction
To discuss: The reason for many retailers to adopt an omnichannel strategy.
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What types of retailers would attract our target audience?
Why have so many brick-and-mortar retailers adopted an omnichannel strategy?
What is meant by brick-and-mortar retailers?
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- How do the mall operators adapt to the challenges ofonline retailing or discount stores?arrow_forwardWhat will retailing look like in the future? What may be the most influentialchange taking place for retailers today?arrow_forwardIn order to adopt a multi-, or omnichannel business model, retailers need to manage increased complexity as they try to integrate different channels, technologies, skills, logic, etc. into one seamless retail experience. In this assignment, you are to reflect on the omnichannel business model from an e-commerce perspective. Your reflection should include (but is not limited to) thoughts on why omnichannel is regarded as a crucial retail strategy to adopt, regardless if you are a brick-and-mortar, brick-and-click or a pure e-commerce retailerarrow_forward
- Do wholesaling intermediaries provide any ultimate value to customers, or do they just interfere with the process of retailing? Explain the reasons for your answer. What role has technology, including online shopping, played in retailing and wholesaling transactions?arrow_forwardHow do multichannel retailers provide more value to their customers?arrow_forwardExplain why nonstore retailing is on the rise, and list the advantages of its different forms?arrow_forward
- Why are retailers in the limited-assortment supermarket and extreme-value discount store sectors growing so rapidly? From which retailers are they getting these additional sales?arrow_forwardHow retailers creates value to customer?arrow_forwardDiscuss the major factors that help to determine a retailstore’s image. How does atmosphere add value to products sold in a store?arrow_forward
- How does a traditional specialty store attract customers?arrow_forward(1) Why would a manufacturer such as Apple chooseto establish its own retail chain? (2) Why are“balanced” retail stores struggling in today’senvironment?arrow_forwardHow do marketers classify retail stores? Explain merchandise breadth and depth.arrow_forward
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