Question

Explain the cocept of retail marketing? What challenges do companies face while retailing globally?

Answer 1

Hey mate!

I am here with your answer!

Retail marketing is the process by which retailers promote awareness and interest of their goods and services in an effort to generate sales from their consumers. There are many different approaches and strategies retailers can use to market their goods and services (see below).

Retail marketing is the planning and process of selling goods or services directly to consumers. An example of retail marketing is the advertising of fashions for sale in a clothing store. An example of retail marketing is an in-store promotional campaign for snack foods in a grocery store during Super Bowl week.

Hope this will help you!