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Question: Think about how well your organization's store/location design aligns with the author's observations. Does it make innovative use of visual merchandising to appeal to customers' sensibilities? Explain your observations.
Consider the merchandising concepts you have studied this week. Visit two retail businesses in your area to view the same product in two places; take note of the various merchandising elements that are used. Based on your observations, compare and contrast the 4Ps of the product within each store: price (is it cheaper at one store than another), place (where was it located within the store), promotion (was it on sale), product (inventory, facing, size variation).
Compare and contrast how the elements are used with the way they are used in your business or organization. What similarities or differences do you observe?
What are the advantages of competitor-based pricing? What are the risks of using competitor-based pricing exclusive of other approaches?
List and briefly explain the four parts of a Request for Tender. that are:
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You have worked on two of these three. Now it is time to write for a marketing publication meant for practitioners and academics
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What is Demography? Define and use examples as they relate to your own personal buying habits
Product uniqueness gives a company a competitive edge over others, but for a company like coca cola which has managed to keep some of its ingredients a secret for ages, does that not Infringe the customers right of full disclosure and knowledge of..
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