what is merchandise??
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What is the merchandise?
Explanation:
- Merchandise is the goods, products, or commodities used for sale.
- Goods and services involved in the retail business can be defined as Merchandise.
- There are four types of Merchandise available in the Retail Market. They are
- Type of sale
- Assortment Localisation
- Customer service
- Pricing
- In Marketing, Merchandise refers to the sale and promotion of goods and services at the right time and right place.
- For example, "Buy 2litre Oil and get 1/2 litre for free" is also an example of Merchandising.
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