Amazon is dominant in online book retailing, and Wayfair is dominant in online furniture retailing. However, the online pre-prepared meals segment includes competitors Blue Apron, Cornershop, Insta-cart, Fresh Direct, Hello Fresh, and Shipt. What cost conditions are consistent with these different market structures?
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Amazon is dominant in online book retailing, and Wayfair is dominant in online furniture retailing. However, the online pre-prepared meals segment includes competitors Blue Apron, Cornershop, Insta-cart, Fresh Direct, Hello Fresh, and Shipt. What cost conditions are consistent with these different market structures?
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- Dollarama stores focus on serving buyers who have relatively modest means. This is an example of aconveniencebvalue pricingcmarket segmentationdtarget marketingExplain what a wholesaler does. How does this benefit the retailer? How does this benefit the manufacture?Why would retailers risk violating any of the legal issues discussed in this chapter, such as predatory pricing, price fixing, deceptive pricing, bait and switch, or discriminatory pricing? Explain your respond.
- The same brand and model of tablet is sold by specialty computer stores, discount stores, category specialists, online retailers, and warehouse stores. Why would a customer choose one retail format over the others?Telephone and direct-mail retailers: have real trouble selling because they only target the really wealthy. have real trouble reaching their target markets, since their customers are so dispersed geographically. can do well with products that would be unprofitable for a local retailer to carry. All of the above are true. None of the above is true.List the services performed by wholesalers. For whom is each service performed?
- Assume you are considering opening a retail business. You are trying to decide whether to have a traditional “brick-and-mortar” store or to sell only online. Explain how the activities and costs differ between these two retail arrangements.Manufacturers use wholesalers and retailers because they have no other choice. they do not cost much. they do not create value for customers through convenience and cost savings. wholesalers control retailers. none of the above.Just ANswer the Number 3! Here is the answer for the number 1. Retailing is the process of part of the supply chain management in which a retailer deals or interacts directly with the customers. In retailing there can be a brick and mortar store or an online store through which the products and services can be offered to the customers. Retailing business has some major benefits which are as follows - Convenience for customers in terms of time, place, stocks, etc. Encourages impulsive purchases More secure than online shopping Greater sales potential Promotes competitive environment Deciding retail prices A retailer such as a grocer feels entitled to decide on the retail price of the products he sells rather than obey a supplier's SRPS as a retailer bears expenses and efforts in the form of capital, manpower, time and energy which sometimes is not justified in the margin given by the company or in the SRPS. A retailer is the last chain in supply management and he has a…
- Just Answer the Number 2! Here is the answer for the number 1. Retailing is the process of part of the supply chain management in which a retailer deals or interacts directly with the customers. In retailing there can be a brick and mortar store or an online store through which the products and services can be offered to the customers. Retailing business has some major benefits which are as follows - Convenience for customers in terms of time, place, stocks, etc. Encourages impulsive purchases More secure than online shopping Greater sales potential Promotes competitive environment Deciding retail prices A retailer such as a grocer feels entitled to decide on the retail price of the products he sells rather than obey a supplier's SRPS as a retailer bears expenses and efforts in the form of capital, manpower, time and energy which sometimes is not justified in the margin given by the company or in the SRPS. A retailer is the last chain in supply management and he has a…What factors (other than price) do customers place a value on? How can a retailer use these factors to create a differential advantage?How can an indirect buyer effectively use performance-based logistics or service-levelagreements to control the costs of procuring services?
