Question
“Savla store caters to the needs of especially middle class”.
Savla Store focuses on catering to the needs of middle-class consumers, a demographic that is highly price-conscious and looks for value in their purchases. Buying and Merchandising-II explores the principles and practices that govern how retail businesses like Savla Store source, purchase, and manage their products to meet the demands of this specific consumer group.
To meet middle-class expectations, Savla Store’s buying strategy emphasizes acquiring products that balance quality with affordability. This group of consumers typically seeks products that offer long-term value rather than luxury or premium items. As a result, the store needs ___ ___________ _____________ __________ ___________ _________ __ _____________ ____________ ________ ___________ ____ __________.
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What is pricing? Explain different types of pricing commonly used in the retail business. Discuss different factors that affect pricing of merchandising in the retail business.
"Objectives of the buying process at an operational level".
What do you mean by buying behaviour of retailers? How has it undergone changes during the last few years?
What is pricing? Explain different types of pricing commonly used in the retail business. Discuss different factors that affect pricing of merchandising in the retail business.
“Objectives of the buying process at an operational level”
What do you mean by merchandising? Describe its process.
Sales curves
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