The important characteristics of retailers are the same in every industry.True false question.TrueFalse

Which of these are ADVANTAGES that consumers enjoy when buying from retailers? (Select 3)*2 pointsRetailers offer goods at lower prices than wholesalers.You can buy a wider variety of goods at a retailer.You don't have to buy a 10 kg bag of sugar at a retailer, you can buy smaller amounts as well.Retailers are closer to where people live, it is more practical to shop there.

A way that traditional retailers can compete with online retailers is to:Multiple choice question.use franchises that deliverbe so efficient they can beat them on costrequire an administered system for allincrease their market share

Brick and mortar retailers must pay attention to the dynamic competitive environment mainly because of competition from:Multiple choice question.the economyfull service wholesalersthe governmentthe Internet

Retailers provide value to product manufacturers byMultiple Choicedistributing marketing research about competitors.making it convenient to sell small quantities of goods to retailers.allowing manufacturers to focus on product development and production.supplementing the cost of transportation services provided by manufacturers.letting manufacturers sell products directly to consumers.

Which of the following is NOT a type of retailer that falls under the general merchandise retailing category?Multiple choice question.Off-price retailersWholesalersSpecialty storesDepartment stores