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Characteristics of Retailing

March 24, 2023 By Hitesh Bhasin Filed Under: Retailing

What is Retail? Retail refers to the activities and processes involved in selling goods or services directly to consumers for their use. Retail stores, also…

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Deep Assortment – Definition, Types, Strategies, Importance And Examples

September 18, 2022 By Hitesh Bhasin Filed Under: Retailing

What is a Deep Assortment? Deep assortment is the total number of SKUs that a retailer offers in a particular product category. Specialty stores with…

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Assortment Strategies – Definition, Importance, Components, Tips

September 17, 2022 By Hitesh Bhasin Filed Under: Retailing

Assortment Strategies

What are Assortment Strategies? Assortment strategies are the strategies that retailers use on daily basis for finding out the optimal product mix for their inventory….

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What is a Department Store? Definition, Types and Examples

August 3, 2022 By Hitesh Bhasin Filed Under: Retailing

A department store is a large retail establishment that offers a wide range of products, including clothing, home goods, furniture, electronics, and more. Department stores…

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Destination Store – Definition, Overview, Types and Examples

July 25, 2022 By Hitesh Bhasin Filed Under: Retailing

Destination store

What is Destination Store? A destination store is a type of retail store that is designed to be a destination in and of itself. Destination…

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Hard Goods vs Soft Goods

October 20, 2022 By Marketing91 Team Filed Under: Retailing

Hard Goods

Hard goods are physical products that can be touched and felt. They are typically made from durable materials such as metal, glass, or plastic. Hard…

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Franchising – Definition, Advantages and Disadvantages

July 11, 2021 By Hitesh Bhasin Filed Under: Retailing

What is franchising

Franchising can be defined as a business relationship between two parties (franchisor and franchisee). Under the franchising business protocol, the franchisor provides the franchisee’s license…

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Electronic Retailing or E-tailing | Definition and Meaning

March 9, 2021 By Hitesh Bhasin Filed Under: Retailing

Electronic retailing or e-tailing is a B2B or B2C sales of goods and services via the internet. Because of such a way of functioning, e-tailing…

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Retail Manager – Responsibilities and Career In Retail

January 25, 2021 By Hitesh Bhasin Filed Under: Retailing

Career in Retail

A retail management job will provide you with the opportunities to make your store work and make you in charge of it. you will be…

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Green Retailing – Concept, Advantages and Ideas

January 25, 2021 By Hitesh Bhasin Filed Under: Retailing

Green Retailing

Green retailing is a modern concept of retailing in which a retail business is managed by taking the benefits of eco-friendly processes. This concept is…

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Mass Merchandiser Definition, Concept, Advantages

January 24, 2021 By Hitesh Bhasin Filed Under: Retailing

Who is a mass merchandiser - 1

Definition: Mass merchandiser is a particular retailer or specific retail store, which is known to sell a large number of goods belonging to different categories…

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Convenience Store – Definition And Examples

June 17, 2020 By Hitesh Bhasin Filed Under: Retailing

Convenience Store

Definition A convenience store can be defined as a retail business designed by keeping the convenience of its customers in the center. Therefore, these stores…

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Category Management – Definition, Benefits, Methodologies & Challenges

July 24, 2020 By Hitesh Bhasin Filed Under: Retailing

Category Management

The retailers around different corners of the world employ various policies to manage the organization and to step forward in the direction of high profit…

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What is Planogramming? 6 Types of Planograms

March 11, 2020 By Hitesh Bhasin Filed Under: Retailing

Planogramming

Retailers continuously look for ideas to make their store look presentable to attract more customers. The presentation of products in the store is as important…

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Discount Store – Definition, Features, Advantages, Disadvantages

March 8, 2020 By Hitesh Bhasin Filed Under: Retailing

Discount store

What is a discount store? Retailers adopt different methods to attract customers. Because of this reason, different formats of retail stores were introduced, such as…

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Shelf Talkers – Definition, Objectives, Tips, Advantages

February 28, 2020 By Hitesh Bhasin Filed Under: Retailing

Objectives of using shelf talkers

Retail stores have changed dramatically in the past few decades. Earlier, one retail store was dedicated to the sale of one type of product. But…

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Visual Merchandising – Definition, Elements, Objectives

February 15, 2020 By Hitesh Bhasin Filed Under: Retailing

Visual Merchandising

Retailers use different strategies and methods to attract customers and to boost their sales. Visual merchandising is one of those methods that are used by…

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What is Triple Net Lease? Meaning, Examples, Characteristics and Risk

August 1, 2020 By Hitesh Bhasin Filed Under: Retailing

What is Triple Net Lease

Triple Net Lease or NNN lease is a lease where it is the tenant instead of the landlord who pays maintenance, insurance as well as…

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How to Buy Into a Franchise -A Complete 14 steps Guide

October 11, 2019 By Hitesh Bhasin Filed Under: Retailing

How To Buy Into A Franchise

Franchise is a popular model with a proven track record and fewer chances of failure. Hence, to want to buy into a franchise is preferred…

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Retail Marketing: What it is, Main Principles, and the Importance

October 10, 2019 By Hitesh Bhasin Filed Under: Retailing

what is retail marketing - 1

The retail marketing is defined as that form of the marketing functions in which a product is brought directly to the customers in the retail…

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Top 10 Tips on Starting a Franchise Business | Marketing91

October 10, 2019 By Hitesh Bhasin Filed Under: Retailing

Tips On Starting A Franchise - 1

It is a proven fact that the growth rate of the franchise business is exceeding non-franchise business any time in recent years. An important reason…

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Top 5 Retail Trends for 2019 -Predictions that You must Know

October 9, 2019 By Hitesh Bhasin Filed Under: Retailing

Retail Trends of 2019 - 1

 Retail is an industry which has been changing dramatically in the past few decades, and because of its fast-changing nature, new opportunities and challenges emerged…

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Difference Between Organized and Unorganized Retailing

September 15, 2019 By Hitesh Bhasin Filed Under: Retailing

Difference between organized and unorganized retailing - 1

The term retail stands for selling goods from a particular location. In the process of retailing, the job of a retailer is to play the…

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Retail Marketing Mix and the 7 P’s of the Retail Mix

September 15, 2019 By Hitesh Bhasin Filed Under: Retailing

Retail Mix

Retail marketing mix refers to the variables that a retailer can use in variable methods to arrive at an effective marketing strategy to attract his…

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How to Start a Retail Busines? (Complete detailed steps)

September 15, 2019 By Hitesh Bhasin Filed Under: Retailing

You can turn your dream of retail business into reality if you take the right steps in the right direction. You are essentially required to…

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Merchandise Planning: Components, Importance, and Process

September 15, 2019 By Hitesh Bhasin Filed Under: Retailing

Merchandise Planning

Merchandise planning refers to an approach based on data to select, buy, present, and sell merchandise to consumers so that the maximum rate of investment…

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What is Retailing? Unique Ideas of Retail Businesses

January 6, 2021 By Hitesh Bhasin Filed Under: Retailing

What is Retailing

Retailing is a process of distributing goods where the seller buys products from the manufacturing firms or manufacture the goods themselves and sells goods to…

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Retail Store Location: Importance, Types, & Tips to have a Good Location

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

a good retail store location

Having a good location for retail is one of the crucial impacts in the case of the marketing strategy of retail because many of the…

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Mom And Pop Stores : Examples, Advantages, Disadvantages of Mom And Pop Shops Business

October 29, 2020 By Hitesh Bhasin Filed Under: Retailing

Mom and Pop Stores

Mom and Pop name is popularly used for private and family-owned businesses. These stores are run by a family or a small number of employees….

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Merchandising: Types, Advantages, and Disadvantages of Merchandising

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

Merchandising

Merchandising is any practice that helps a retailer to sell his merchandise to his customers. In a retail store, the meaning of merchandising is the…

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Ethics in Retail: Importance and Ethical Practice towards consumers

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

Ethics in retail

Ethics in business have become an essential topic of discussion. In retailing, retailers want to earn maximum profit by providing satisfaction to their customers with…

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The List of 13 Retail Promotions to Attract Customers

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

It is easy to conceive a dream to have your own business. You can’t sit and wait for customers to walk in your store after…

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Complete History of Retail Industry and the Future of Retail Industry

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

History of Retail

Early History of Retail Industry The history of retail spans a long timeline. There are archaeological shreds of evidence for water systems and trade which…

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What is Retail Strategy? Different Retail Strategies to Boost Sales

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

A detailed marketing plan related to the of the business, its targets and ways and methods to achieve it, in relation to retail is known…

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The 7 Important Steps Retail Planning Process you Should know

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

Retail Planning Process

In this article, you will learn about the steps involves in the retail planning process. In the retail planning process, a retailer decides about the…

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15 Simple Steps to Start your Own Retail Business

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

15 Simple Steps to Start your Own Retail Business

Having your own business is the dream of many who are stuck in a 9-5 job. People have many great ideas for retail business, but…

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Top 5 Trends in the Retail Industry in 2019 that you Should know

September 14, 2019 By Hitesh Bhasin Filed Under: Retailing

The retail industry has evolved significantly in the past few decades; rather, it is continuously changing. The transformation may be customer-centric or business-centric, but one…

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Electronic Data Interchange: Advantages & Difficulties in implementing EDI

September 13, 2019 By Hitesh Bhasin Filed Under: Retailing

Difficulties in implementing Electronic Data Interchange - 2

The meaning of electronic data interchange is the exchange of information related to business with the help of a standardized format. That means the information…

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Retail Space Management

May 13, 2020 By Hitesh Bhasin Filed Under: Retailing

Retail space management

 Have you ever wondered how retailers manage to organize thousands of products in a small store so efficiently? That hundreds of customers can shop at…

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Radio Frequency Identification in Retail and the Technology Benefits

June 17, 2020 By Hitesh Bhasin Filed Under: Retailing

Radio Frequency Identification in Retail - 5

Retailers always try to find out the techniques and implement in their stores to make their businesses work more efficiently, get an edge over their…

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