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