Extended marketing mix of splash fashion retail management essay

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Extended marketing mix of splash fashion retail management essay in 2021

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What does retail mix mean in retail marketing?

Retail marketing mix refers to the variables that a retailer can use in variable methods to arrive at an effective marketing strategy to attract his prospects.

Which is the most important element of the retail mix?

Maintaining adequate inventory levels of product to meet the demands of the customer is very important. Multiple combinations are used by retailers to achieve their business and promotional objectives. One of the most important element or variables, and the retailing buying decision is price.

How are multiple combinations used in retail marketing?

Multiple combinations are used by retailers to achieve their business and promotional objectives. One of the most important element or variables, and the retailing buying decision is price. The entire retail organization is dependent on the single factor; it was either make it or break it.

Why does a retailer need a promotional mix?

It also depends on the nature of competition and the finances available with the retailer. The promotional mix is designed by the retailer, which is in compliance with the objectives of the store, such as attracting the customers positioning of the organization and increasing the turnover.

Last Update: Oct 2021

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