What is the process of removing low performing products from the shelves of a retailer called?
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The process of removing low performing products from the shelves of a retailer called Retail Manufacturing.
- A retailer is a merchant or occasionally an agent or a business enterprise, whose main business is selling directly to ultimate customers for non-business use.
- The retailer is an intermediary in the marketing channel because he is both marketer and customer, who sells to the last man to consume.
- All middleman basically serve as purchasing agents for their customers and as sales specialists for their suppliers.
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