The process of selling goods directly to the customers is called retail. The customers can buy one or many products from a particular retail store. The importance of Retail industry self-established in the
Private labeling: Process, Advantages, and Disadvantages
Products are usually manufactured and provided by a company, and when the label of different companies is pasted on them, then they are called private-label products. Such products can also be referred to
7 Differences between Business Development and Sales
It is not surprising that people get confused with the concepts of sales and business development because these two activities usually work nearby each other in an organization. However, it is not right
Seed Funding: Meaning, Process and 7 Steps
Raising money for a startup is one of the most difficult tasks for entrepreneurs. Startup companies require to raise money to hire staff and rent office, and most importantly, they need money to
Generational Marketing: Importance, Advantages, and Disadvantages
Many of you would have heard many times the importance to use targeted marketing strategies to link with customers, but then how is it taken care of. Segmenting your customers into age cronies
Research brief: Meaning, Components, Importance & Ways to Prepare
Have you ever faced a situation where a researcher has not exactly given the results that you require? Have you ever discussed research as what you want precisely and been disappointed to find
Personality Traits: Meaning and Examples of Different Personality Traits
Personality traits are characteristics which separate an individual from the others. Personality traits of a person reflect the distinctive characters such as emotions, feeling, behavior, actions, the attitude of a person. Personality traits
Reinforcement Theory: Meaning, and Examples of Reinforcement Theory
Definition The theory of reinforcement is considered as motivational theory and is defined as the process of molding for shaping the behavior of an employee by the employer by controlling the after-effects for
Reverse Mortgage: Meaning, Examples, & How to get Value from it
A reverse mortgage is a financial product for people of age 62 and above who are homeowners. They can use their property to mortgage to a financial institution and in return financial institution
Markdown Pricing – Different Types of Markdown Pricing Explained
Making changes in your business strategies with the change of the market trend is important to stay relevant. Retailers must keep themselves up to date about the products that they sell. Merely knowing
Coupon Pricing: Where to Distribute and How to Design your Coupons
Designing coupons is an effective way to display your creative side. But there is one thing certain that all coupons should contain some features on the coupons whether the coupons are for products
Management By Exception: Meaning, Advantages, & Disadvantages
The role of a manager is significant in an organization. He is responsible for the smooth flow of work in the organization. This requires his attention to various tasks of different importance. The
How to Improve Interpersonal Skills?
Interpersonal skills are essential tools for every professional life. Right from the first day in the office to first interaction with the customer of the day of retirement interpersonal skills from valuable assets
10 Reasons Interpersonal Skills are Most Important
Interpersonal skills are something that we keep on learning and updating throughout our lives. The skills are external as well as inherent to us. Experiences nurture them and grow them. Some people are
What are the interpersonal skills? Explained with Examples
Often the skills that are required to deal with people or manage people is known as people skills or soft skills or also termed as interpersonal skills. Interpersonal skills are essential when employers
Sales Campaign: Basic Elements, Advantages, and Disadvantages
Companies use various tactics to promote their products and boost their sales. Advertising, marketing, free sample distribution, discounts are common tactics used by the companies. Sales campaign is also a type of strategy
