Retail and distribution
39 important questions on Retail and distribution
What is a distribution channel?
Which two ways are there of the distribution channels?
- Direct
What are the functions of distribution channels?
- Transportation and storage functions
- efficiency creation
- Facilitating functions
- Repat and maintenance functions
- Risk taking
- Communications and transaction functions.
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What are two ways of creating efficiencies?
- breaking bulk
- creating assortments
Wahat is breaking bulk?
What is knowledge management?
What are wholesale intermediaries?
Which 4 kinds of wholesalers are there?
- limited- service wholesalers
- cash-and-carry wholesalers
- Mail-order wholesalers
What are dual distribution channels?
What is a hybrid marketing system?
What are the 4 steps in distribution planning?
- Evaluate internal and external environmental influences
- Choose a distribution strategy
- Develop distribution tactics.
What is a conventional marketing system?
What is a vertical marketing system?
What is intensive distribution?
What is exclusive distribution?
What are the 5 functions of logistics?
- Enterprise resource planning systems: software solution that integrates information from across the entire company.
- Warehousing
- materials handling: the moving out of products into, within and out of warehouses.
- Transportation
What are the 6 decision aspects for transportation?
- costs
- Speed of delivery
- Accessibility
- Capability
- Traceability
What is stock control?
What is radio frequency identification?
What is just in time stock techniques?
What is the retail life circle?
What is pop-up retailing?
What are 3 factors that motivate and inspire merchant to reinvent the way they do business?
- technology
- globalisation
What are point of sale systems?
What is the merchandise mix?
What is a merchandise assortment?
Which two dimensions has a merchandise assortment?
- depth
What is a narrow assortment?
Whati s a broad assortment?
What is merchandise depth?
What is merchandise breadth?
What is a deep assortment?
Which are 5 of the major retail forms?
Supermarkets: Food shops that carry a wide selection of edible and non edible products.
Specialty shops: Such shops have a relatively narrow and deep stock of goods.
Department stores: They sell a broad range of items and offer a deep selection organized in different sections of the shop.
Hyper markets: Are warehouse and supermarkets in one (makro)
What is non-shop retailing?
What is B2C e-commerce?
What are experiential shoppers?
What is traffic flow?
What are 4 design factors for shops?
- Fixture type and merchandise density
- The sound of music
- Colour and lightning.
What are 4 types of shop locations?
- Shopping centre
- Freestanding retailers
- Non-tradidional shop locations.
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