Which of the following represents the BEST reason a manufacturer of high-end products might consider selling products in a warehouse club? a.
The manufacturer overestimated demand or has a great deal of returned merchandise from other retailers
.
Which type of store is small and offers a limited merchandise assortment?
Extreme value retailers
are small, full-line discount stores that offer a limited merchandise assortment at very low prices.
Which of the following represents the best reason a manufacturer of high end products might consider selling products in a warehouse club?
Which of the following represents the BEST reason a manufacturer of high-end products might consider selling products in a warehouse club? a.
The manufacturer overestimated demand or has a great deal of returned merchandise from other retailers
.
What is the key factor distinguishing retailers from other members of the supply chain?
The key factor distinguishing retailers from other members of the supply chain is that: A.
they sell consumers, business, and government
.
Is Kohl's a category killer?
Kohl's. Category killers are
category specialists that offer a narrow but deep assortment of merchandise
. __________ are subtle forms of promotion that encourage shopping in retailers' stores. Store credit cards and gift cards will encourage customers to spend in one store as opposed to another.
What are the 4 types of distribution?
There are four types of distribution channels that exist:
direct selling, selling through intermediaries, dual distribution, and reverse logistics channels
. Each of these channels consist of institutions whose goal is to manage the transaction and physical exchange of products.
What are the five channels of distribution?
- Retailers. Retailers are intermediaries used frequently by companies. …
- Wholesalers. Wholesalers are intermediaries that buy and resell products to retailers. …
- Distributors. …
- Agents. …
- Brokers. …
- The Internet. …
- Sales Teams. …
- Resellers.
Which of the following is a core aspect of marketing?
making product, place, promotion, and price decisions
.
Is a document used by a forklift driver?
A pick ticket
is a document or display on a screen in a forklift truck indicating how much of each item to get from specific storage areas. The forklift driver goes to the storage area and picks up the number of cartons indicated on the pick ticket.
Are retailers that offer a broad variety of merchandise?
Department Stores
are retailers that carry a broad variety and deep assortment, offer considerable customer services and are organized into separate departments for displaying merchandise.
Who provides raw materials in a basic supply chain?
Typically, the supply chain begins with
the vendors or suppliers
. These are the businesses that provide raw materials. Next in the supply chain is manufacturing. This is the process of converting the raw materials into products that are ready to sell.
Who dominates the supply chain?
Past manufactures dominates the supply chain, but now the supply chain is dominated by
large retailers
. Give two reasons why this is the case while making reference to “Power”.
What are four non store retailing methods?
The major types of nonstore retailing are
direct selling, direct marketing, and automatic vending
.
What is the world's largest discount retailer?
World: sales of the leading discount store companies 2020
In that year,
Walmart
was the largest general merchandise / discount store company in the world with about 559 billion U.S. dollars worth of sales.
What are some major discount retailers 1980s?
Top brands such as
Aeropostale, BCBG, Express, Guess, J. Crew, J. Jill and Tommy Hilfiger
were founded in the 1980's.
Where do discount stores get their merchandise?
Stores like Macy's
buy clothing from manufacturers under
a buy-back clause. If the merchandise doesn't sell, the manufacturers have to buy it back. Traditionally, off-price retailers then buy this overstock from manufacturers at a discount, slash prices, and give it a second chance at life.
