A retailer uses various techniques to boost the sales of products. Out of those tactics, merchandising is also an effective technique to boost the sales…
Data Mining In Retail: Applications and Six Phases in the Life Cycle
Retail trade is one of the most competitive markets in the whole world, and retailers use various tactics to survive in this cut-throat competitive market….
Price Lining: Examples, Advantages and Disadvantages
Price Lining is a retail marketing technique where Products and services of the same category are grouped in the different price range based on their…
Organized Retail – Meaning, Advantages and Examples
Organized retail is a sector which consists of the companies which are associated with production or sales of goods and services that operates as private…
12 Types of Retail Formats – Formats of Retailing
The word retail is derived from French words “re” and “tailer” whose meaning is to “cut again”. retail store works exactly as their name describes….
What is Retail Shelving? 10 Tips for Retail Shelving
Retail shelving is one of the most important features of retail space design. Perfect retail shelving can enhance the layout design of your retail store…
Importance of Retailing – Why Retail is Important?
Importance of retail marketing cannot be denied for today’s manufacturers. Retail stores play an important role in high-level exposure of businesses and widespread distribution of…
How To Franchise Your Business?
Are you interested in a franchise system and are looking for ways to franchise your business. People who have a successful business model look to…
11 Disadvantages Of Franchising – Cons Of Franchising To Your Business
Hearing the success stories of a franchise model usually prompts individuals to make an investment in it. Are you sure you want to adopt it…
11 Benefits Of Franchising – Advantages Of Franchising
Franchising is becoming the new success story as it has enabled people to taste the financial and professional success that they had only dreamed of….
What is Difference Between Franchising and Licensing – Franchising vs Licensing
When someone wants to start their business, franchising as well as licensing both look tempting business models. There is a huge difference between both franchising…
3 Main Types of Franchises – 3 Franchise Models
A franchise is a fantastic way to do business. This is because the brand is already established by someone else and because they require distribution…
What are the Responsibilities of a Store Manager?
A store manager is required in Retail stores, chain stores, Department stores, supermarkets, and DIY stores. It is the responsibility of a store manager to…
10 Ways To Approach A Customer In Retail
Can a retail business survive without its customers? No, I don’t think so. They are an integral part of this enterprise and some even consider…
What are the Functions of Retailing?
Various parties to the production and distribution of goods play a pivotal role in any economy keeping the robust volume of trade and commerce flowing…
4 Different types of Retail Categories – What services do retailers provide?
Retail is an industry which is at war right now. There are many products of different kinds being sold from various type of retail outlets….
10 Types of Retail Stores – 10 Types of Retail Outlets
When the marketing era began, companies started realizing that they could attract customers with differentiated offers. One such industry where differentiation was bought at the…
Non-Store Retailing
We recently had a look at the different kinds of retail services that exist. A general definition of retail is the use of a retail…
Category killer
Competition in the retail industry is becoming stiffer every day. It thus requires any business unit involved in this kind of business to invent ideal…
The Wheel of retailing concept
The changing environment from all points of view such as political, economic, social, technological, legislative and environmental has affected most of the sectors in the…
