Think of your favorite retail stores. What do they do that
encourages your loyalty? what do...
Think of your favorite retail stores. What do they do that
encourages your loyalty? what do you like about the in-store
experience? what further improvements could they make?
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Expert Solution
I would like to discuss about the my favourite store wallmart
located in xxxxxx place
wallmart always provides consistent amount of discounts on all
products it is selling. Moreover for their loyalti customer who
reside at distant location, it also provides pick up and drop up
facility by using its transport(Bus) on every weekend.
I like the most in the store is the layout of the products,
they are the best in this than anyone. Similar kind of products of
numerous brands are kept at same place with the price labels they
are offering. So that one cannot groom all around for finding and
comparing the products, One can quicly sort and select the product
which suits his needs. Next the billing counters along the numerous
billing options. There are so many billing counters , as a result
there is no need to stand for hours for billing, it is very quick.
Further they have variety of billing options, they accept cash to
all kind debit cards, credit cards to wallets. so one can pay as
per his feasibility
According my opinion some times i felt whenever i want to know
some information regarding the products going to purchase, i have
not find the executives who has sufficient knowledge to provide
information regarding that and helping me in deciding of the
product. I think there is a need for them to look in to this and
cater their staff in to different divisions and provide the
training accordingly so that if somebody asks then can atleast able
to guide and advice customer with the pros and cons of different
products.
Pick one of your favorite retail stores and describe the supply
chain used to stock inventory in the store. (Hint: there is usually
more than one intermediary)
Objective:
1. Name and describe the retail store
2. Describe the supply chain intermediaries
3. Do you think this is the most effecient model? Why or why
not?
Think of your favorite retailer. (Online or retail)
explain in an essay why you like that retailer, what specials they
offer, what makes you wanting to keep shopping there?
Why do you think Google dominates
as a search engine? What's your favorite search engine
and why -- or do you not prefer one over the other? What
do you think makes a good search engine? Can you think
of any features that search engines could potentially add? answer
in 1-2 paragraphs
As you go to your favorite retail store and you
select the same-sized packaged for the price, compare the
manufacturer’s brands and store brands. How much can you save by
purchasing private label brands of this products? How would you
compare the percentage of savings on different categories of
merchandise? How did the various grocery stores selected by the
class compare in terms of prices savings on their private label
brands versus the national brand?
• Describe how Amazon’s online marketing strategy is impacting
conventional retail stores. What specific advantages do Amazon and
other online firms have over brick and mortar department
stores?
• What advantages do local retail stores have over online
shopping?
• How are brick and mortar retail stores responding to the
online shopping competitors? Provide an example.
• Can an “even playing field” be achieved for both the local
department store and an online merchant offering the same products?
Explain and...
Jobs and productivity! How do retail stores rate? One way to
answer this question is to examine annual profits per employee. The
following data give annual profits per employee (in units of one
thousand dollars per employee) for companies in retail sales.
Assume σ ≈ 3.5 thousand dollars.
3.8
6.9
4.4
9.0
7.5
5.4
8.9
6.3
2.6
2.9
8.1
−1.9
11.9
8.2
6.4
4.7
5.5
4.8
3.0
4.3
−6.0
1.5
2.9
4.8
−1.7
9.4
5.5
5.8
4.7
6.2
15.0
4.1...
Jobs and productivity! How do retail stores rate? One way to
answer this question is to examine annual profits per employee. The
following data give annual profits per employee (in units of 1
thousand dollars per employee) for companies in retail sales.
Assume σ ≈ 3.9 thousand dollars.
4.4
6.4
4.1
8.7
7.5
5.9
8.3
6.1
2.6
2.9
8.1
−1.9
11.9
8.2
6.4
4.7
5.5
4.8
3.0
4.3
−6.0
1.5
2.9
4.8
−1.7
9.4
5.5
5.8
4.7
6.2
15.0
4.1...
Jobs and productivity! How do retail stores rate? One way to
answer this question is to examine annual profits per employee. The
following data give annual profits per employee (in units of one
thousand dollars per employee) for companies in retail sales.
Assume σ ≈ 3.7 thousand dollars.
3.5
6.6
3.7
8.4
8.5
5.8
8.9
6.4
2.6
2.9
8.1
−1.9
11.9
8.2
6.4
4.7
5.5
4.8
3.0
4.3
−6.0
1.5
2.9
4.8
−1.7
9.4
5.5
5.8
4.7
6.2
15.0
4.1...
Jobs and productivity! How do retail stores rate? One way to
answer this question is to examine annual profits per employee. The
following data give annual profits per employee (in units of one
thousand dollars per employee) for companies in retail sales.
Assume σ ≈ 3.5 thousand dollars.
3.8
6.4
4.1
8.9
7.8
5.2
8.6
5.5
2.6
2.9
8.1
−1.9
11.9
8.2
6.4
4.7
5.5
4.8
3.0
4.3
−6.0
1.5
2.9
4.8
−1.7
9.4
5.5
5.8
4.7
6.2
15.0
4.1...