Distinguish between variety and assortment. Why are these important elements of retail market structure?

Q: Market share is usually fought out before the s tage of the retail life cycle.

A: A series of activities or steps used to offer a product or service to consumers for personal or…

Q: How does value added affect a store’s competitive position?

A: Value addition is the extra value added to the product or services before offering them to existing…

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: 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: What is retail market value

A: The retail market value represents the total value of goods and services sold by retailers during a…

Q: Describe how the four elements of the marketingmix apply to retailing strategy

A: The concept of marketing is given by McCarthy. It includes products that can be physical or virtual…

Q: What is the importance of Retailing?

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

Q: Describe how retailing is evolving.

A: А рersоn who manages а store single-handedly and is responsible for suррlying the рrоduсts directly…

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: Critically examine the functions of Retailing ?

A: Introduction : Retailing is characterized as a series of actions taken to sell a good or a service…

Q: Name the Major store retailer types?

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

Q: Critically discuss the primary goal of retail marketing .

A: Introduction :- Retail marketing encompasses all aspects, including internal and external promotions…

Q: How does value added affect a store’s competitive position?

A: The competitive position of a company, its products, or services on a widely understood market is…

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…