explain the difference between category killers and wholesale clubs?

Expert Solution

Difference between category killers and wholesale clubs

A category killer is a retail chain store that is prevailing in its item category. While it could be a solitary store, this isn't normal. This kind of store commonly offers a broad determination of product at costs so low that littler stores can't contend. These stores are bigger in physical space and attempt to "own" the category of product they sell.

For instance, Best Buy would be viewed as a category killer for shopper hardware. Bed, Bath, and Beyond would be viewed as a category killer in the home inside needs. Its sister store, BuyBuy Baby, would be a model for the child needs category.

A wholesale club is a retail store, normally selling a wide assortment of products, in which clients may purchase huge, wholesale amounts of the store's items, which makes these clubs alluring to both deal trackers and entrepreneurs. The clubs can keep costs low because of the nitty-gritty arrangement of the stores. Also, clients might be required to pay yearly participation expenses so as to shop.

For instance, Amazon is one of the world's online wholesale clubs.

keosha answered 5 months ago

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