Types of retailers Study guides, Study notes & Summaries

What are the decisions marketing managers have to make? (4) - Answer-1. Desired objective 2. Kind of advertising 3. Media to reach target customers 4. What to say (the message) advertising allowance - Answer-price reductions to firms further along in the channel to encourage them to advertise or otherwise promote the firm's products locally Cooperative advertising - Answer-involves producers sharing in the cost of ads with wholesalers or retailers Types of Advertising - Answer-1. Produc...

Which is bigger in marketing, B2B or B2C? correct answers B2B bigger than B2C 4 types of B2B markets correct answers manufacturers/service providers, resellers, institutions, government reasons that businesses buy stuff correct answers 1. have to buy stuff to manufacture 2. have to resell 3. have to have some of these products to run their business manufacturers only buy products if it is something they will correct answers use along the line businesses have this type of demand cor...

MGMT 323 Exam 3 Latest Update Graded A+ Wholesalers Firms that buy from manufacturers and resell them to retailers Viral marketing program Encourages people to pass along a marketing message to other potential customers Distribution center Facility for the receipt, storage, and redistribution of goods to company stores Fulfillment center Ships items directly to consumers Direct marketing channel No intermediaries Indirect marketing channel 1 or more intermediaries such as wholesalers or ret...

BA 303 Exam 3 Questions and Answers 100% Pass Channel Systems - Correct Answer ️️ -Major decision areas for designing channel systems 1. Types of intermediaries to use 2. Number of intermediaries to be included in the channel 3. Terms and responsibilities expected of channel members Types of Intermediaries - Correct Answer ️️ -1. Retailers 2. Wholesalers/Distributors 3. Manufacturer's Sales Office and Branches Retailers - Correct Answer ️️ -Retailing includes all activities...

WISE Review Questions and Answers 100% Pass Types of income sources include: earnings from employment presents or donations benefits provided by the government profits from investments An exemption is defined as: a legal allowance to lower the amount of income subject to taxation. Liquidity denotes: the simplicity with which an asset can be converted into cash. Examples are liquid assets like cash, securities, and easily accessible savings accounts. Gift cards are: ...

CHAPTER 1 INTRODUCTION TO THE WORLD OF RETAILING CONVERSION NOTES Berman & Evans, 10th edition Chapter 1 & Appendix A CASES AND ANCILLARY CASES CASE 1: Tractor Supply Company: Targeting the Hobby Farmer Synopsis: The Tractor Supply Company case introduces students to a unique retailing story. By recognizing a target market with unique needs, TSC repositioned its traditional tractorparts business into a specialty retailer serving a variety of needs for consumers entertaining their int...

Elements of the Design Thinking Process - Answer-Stage 1: Emphasize- Research Your Users' Needs Stage 2: Define- State Your Users' Needs and Problems Stage 3: Ideate- Challenge Assumptions and Create Ideas Stage 4: Prototype- Start to Create Solutions Stage 5: Test- Try Your Solutions Out Difference between small businesses and entrepreneurs? - Answer-Small businesses are not always interested in taking on new business opportunities. Entrepreneurs set up a business with the aim to make...

BA 303 Exam 3 Questions and Answers 100% Pass Channel Systems - Correct Answer ️️ -Major decision areas for designing channel systems 1. Types of intermediaries to use 2. Number of intermediaries to be included in the channel 3. Terms and responsibilities expected of channel members Types of Intermediaries - Correct Answer ️️ -1. Retailers 2. Wholesalers/Distributors 3. Manufacturer's Sales Office and Branches Retailers - Correct Answer ️️ -Retailing includes all activities...

Quickbooks Online Certification Exam Guide (2024/2025 Update) Questions and Verified Answers| Grade A| 100% Correct Q: Industry trends Answer: While you need to take the time to understand each client's specific requirements, there are some common themes and pain points based on which industry they're in. These are five common business industry types, and each comes with its own pain points: - Professional services - Contractor/field services - Retail and e-commerce - B2B whole...

CTD 231 EXAM 1 QUESTIONS & ANSWERS 2024-25 Who are the industry participants? - ANSWERSManufacturers, contractors, wholesale representatives, and retailers What is a manufacturer? - ANSWERSVendors or suppliers What is an inside shop? - ANSWERSFactories operated by manufacturers What is a contractor? - ANSWERSPerform pattern making tasks but are not financially involved in the success or failure of particular styles Why do manufacturers who use contractors have more flexibility? ...