Four types of Merchandise are
Answers
Explanation:
Merchandise types:
Convenience goods. There are products in our lives which we simply cannot do without. ...
Impulse goods. “Two-thirds of the entire economy is impulse buying.” - Paco Underhill, author of the book, Why We Buy: The Science of Shopping. ...
3 Shopping products. ...
Speciality goods.
Answer: Merchandising
4 Types Of Merchandise And What They Mean For Retailers
BY DotActiv Team27, JAN 2017
Merchandise-Types.jpg
There are many ways for retailers to quantify success, but in the end, the key success metric is selling as much merchandise as possible at the highest profit margins. Easy right? Not quite. All retailers are classified by the following characteristics:
Type of merchandise sold;
Assortment Localisation;
Customer service; and
Pricing.
Of these, assortment and range of merchandise have the biggest impact on a retailer’s bottom line. Retailers need be strategic when buying products into their business so that they have an assortment which caters to their customers’ needs and wants.
In this blog post we break down four types of merchandise and what they mean for retailers.
Explanation: PLEASE MAKE ME THE BRAINLEIST