Essential difference in catalog selling and store retailing

Assignment Help Operation Management
Reference no: EM132287526

1. What is one essential difference between catalog selling and store retailing:

Catalogs rarely present repeat items

Carry-over time is shorter for catalogs than for stores

Stores use sales-per-square-inch to measure productivity

Catalogs sales are more likely to encounter problems with fit and quality

2. A major factor shaping the retail industry is technology advances. In what specific areas is the most change occurring:

Web design and development

Shopping services and virtual world development

Customer relationship management, database segmentation, and marketing automation

Merchandising systems and store layout design

3. Why are catalogs still an important channel in a multi-channel strategy?

Catalogs’ production and distribution are expensive

Catalogs drive customer to other channels (i.e. ecommerce website) and favor multi-channel sales

Social media sale conversion rate is not easily measurable

Customers have more products’ information on catalogs.

4. When distinguishing direct marketing from direct selling it is important to acknowledge that:

Direct selling is less dependent on human contact than direct marketing

Direct marketing involves contact inside a retail store

Direct selling depends on in-home-or-office parties, demonstrations and one-on-one selling

Direct marketing advertising pieces do not need to stress immediacy of selling

Reference no: EM132287526

Questions Cloud

Criteria for sustainable organization : In what ways does Costoco meet the criteria for a "sustainable" organization?
Customer purchase behaviors to manage multichannel strategy : Which data are relevant to know customer purchase behaviors to manage a multichannel strategy?
Patient protection and affordable care act : On March 23, 2010, the US Patient Protection and Affordable Care Act was passed and signed into law.
Under-aged according to us labor laws : Many of the workers laboring on the factory floor are under-aged according to US Labor Laws.
Essential difference in catalog selling and store retailing : What is one essential difference between catalog selling and store retailing. Why are catalogs still an important channel in a multi-channel strategy?
The average time to service customer complaint : Historically, the average time to service a customer complaint has been 4 days and the standard deviation has been 1.5 days.
Information investor will need in business plan document : Which of the following is NOT information an investor will need in a business plan document? Which of the following is a disadvantage of online stores?
Mapleton family medicine case study : Mapleton Family Medicine is a physician group practice located in a small city (population 150,000) in the Midwest.
How has the modernization of society impacted : How has the modernization of society impacted the decline as well as the re-emergence of victims.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd