Discuss how the characteristics of the retail establishment, such as location and store image, have an impact on the consumer’s perception of your product.

Q: perception of PlayStation product

A: According to marketing professionals, product consumption includes not only the act of buying, but…

Q: Discuss which factors would a retail companies consider when assessing the suitability of its…

A: Digitalization has become ingrained in the fabric of modern commercial processes. Today, every firm,…

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: Why do consumers shop and buy online? Read the text to learn how convenience, choice, customization,…

A: When a consumer purchases goods through the modes of the internet, it will be considered online…

Q: What are the psychological factors behind e-commerce? Consider the point of view of the consumer as…

A: All business activities and transactions when done online as compared to physical modes tend to…

Q: What lines of retail trade do you believe will be most affected by the growth of retailing on the…

A: Retail trade has been an important link between the wholesalers and customers. Since the traditional…

Q: In what ways are traditional specialty stores and offprice retailers similar? How do they differ?

A: Off price retailers-The goods which are provided to the consumer at the cheapest possible price and…

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: Discuss the importance of retailing in marketing.

A: Retailing is defined as the process of selling goods and services to final customers for consumption…

Q: Explain three reasons consumers prefer to shop online.

A: Every year more and more people avoid driving and lines and sit in the living room while shopping.…

Q: When does increased value added have an effect on a retailer's competitive position?

A: Competitive position: A competitive position is a value proposed by a trademark, product, or service…

Q: Describe the retailing sector in the United States in terms of size, major companies, and marketing…

A: The retail landscape is hardly stable, and the company's goals can change in a matter of weeks or…

Q: What services will non-store retailers provide to their clients that in-store retailers cannot?

A: Retailers are the major participants of the supply chain, are the lowest or lower level of the…

Q: Give an example of a product or service you would like to sell then choose one retailing channel…

A: There are various type of products that can be sold to a large number of consumers. Product may be a…

Q: Do wholesaling intermediaries provide any ultimate value to customers, or do they just interfere…

A: Wholesaling intermediaries do provide ultimate value to customers, they may not be in contact with…

Q: What are the six reasons consumers prefer to shop and buy online?

A: While making an online purchase, these online shoppers tend to develop some characteristics. These…

Q: What can nonstore retailers offer their customers that instore retailers cannot?

A: Non-store retailers are those retailers that sell their products or services outside a retail store,…

Q: Describe the important channels of distribution available for the marketing of consumer goods.

A: Introduction :- In marketing, a channel of distribution is a set of interdependent organizations…

Q: List the reasons consumers give for why they shop online

A: With the increasing use of the internet and technology, consumers are shifting from traditional…

Q: Write a Retail Management Plan of the IKEA

A: About IKEA: IKEA is a Retail store across the world, which sells the home furnishing products…

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: You are trying to decide whether to have a traditional “brick-and-mortar” store or to sell only…

A: Both brick and mortar and e-commerce businesses are often pushed into the same retail category.…

Q: In a small group, present a plan for a new retail store. Who is the target market? Describe the…

A: Planning is the aspect of management that assists an individual in forecasting the future and making…

Q: Describe the types of shopping centers and identify specific examples in your community or a nearby…

A: Shopping centers are the areas which are specially built for the convenience of the customers to…

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: on your experience, critique the atmospherics of the store (sound, color, music, decoration, etc.)…

A: Every business will be customer centre in trying to create products and services customised to the…

Q: What are the differences in prices for the same product from one store to another?

A: Generally there are differences in prices for the same product from one store to another because of…

Q: Based on a retail store that sells clothing for the age between 8 and 40 years .Describe your…

A: Introduction Businesses employ a variety of strategies to persuade consumers to buy their products.…

Q: Explain why it is that such a large percentage of retail sales still take place in physical…

A: During the Covid-19 epidemic, online sales for retailers grew significantly. eCommerce sales…

Q: Provide a short definition of an experience good and provide one or more examples of experience…

A: Goods are produced by firms all over the world. There are various type of goods produced by firms,…