Question
In: Operations Management
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?
Solutions
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.
keosha answered 10 months agoRelated Solutions
Think of your favorite retailer. (Online or retail) explain in an essay why you like that...
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...
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...
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...
• 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...
Do you have a favorite statistical method? Is there a statistical method that you think you...
Do you have a favorite statistical method?
Is there a statistical method that you think you will/already
use in your workplace? v
Jobs and productivity! How do retail stores rate? One way to answer this question is to...
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...
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...
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...
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...
Jobs and productivity! How do retail stores rate? One way to answer this question is to...
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 ? ? 3.6 thousand dollars.
4.1
6.7
4.1
8.2
7.6
5.2
8.3
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...
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