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Rise Up Retail Industry Fundamentals With Questions And 100% SURE ANSWERS
Terms in this set (30)
products physical goods that you can buy and sell
services things that you pay for--someone's expertise--they are intangible things
retail the process of selling products and services to customers in order to earn a profit
customers people who purchase goods and services from a business
retail ecosystem an interconnected system of approaches designed to meet the goal of retail
provide customers with the goods and services they want--when, where, and how they want
goal of retail
them
multichannel retail customers have many channels, but the channels are not connected to one another
omnichannel retail customers have many channels, and the channels are connected using technology
manufacturer they produce or make finished products
what are the 3 distribution channels selling directly to customers, selling through retailers, and selling through wholesalers
Rise Up Retail Industry Fundamentals
1/4
Rise Up Retail Industry Fundamentals With Questions And 100% SURE ANSWERS
Terms in this set (30)
products physical goods that you can buy and sell
services things that you pay for--someone's expertise--they are intangible things
retail the process of selling products and services to customers in order to earn a profit
customers people who purchase goods and services from a business
retail ecosystem an interconnected system of approaches designed to meet the goal of retail
provide customers with the goods and services they want--when, where, and how they want
goal of retail
them
multichannel retail customers have many channels, but the channels are not connected to one another
omnichannel retail customers have many channels, and the channels are connected using technology
manufacturer they produce or make finished products
what are the 3 distribution channels selling directly to customers, selling through retailers, and selling through wholesalers
Rise Up Retail Industry Fundamentals
1/4
