chapter 11 Flashcards

1
Q

external issues of retail

A

-terrorism
-economic downturn
-reduced tourism

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2
Q

consumer issues of retail

A

-low confidence
-empowered
-difficult to gain loyalty

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3
Q

independant retailer

A

-can be own boss
-yet high failure rate

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4
Q

contractual system

A

-Franchise
-retailer

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5
Q

what is in the retailing mix

A

1-products
2-place
3-promotion
4-personelle
5-presentation
6-price

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6
Q

make it easier….

A

for customers to spend money

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