Question

Retailng and Merchandising

08 Oct 2024
Answer :
Word Count : 227
AspectRetailingMerchandising
DefinitionRetailing refers to the sale of goods or services directly to consumers for personal use.Merchandising involves the strategies, planning, and execution of selling goods, typically involving product selection, pricing, and promotion.
ObjectiveTo generate sales and provide a pleasant shopping experience for consumers.To increase sales and profitability by optimizing product offerings, inventory, and pricing strategies.
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