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How do retailing creates value?

Updated: 9/22/2023
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11y ago

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Retailers create value by:

  • Placing products physically nearby consumers
  • Having educated staff that can answer questions about products
  • Handling returns and providing service for minor product issues
  • Allowing new products to have high visibility on limited shelf space
  • Providing a certain level of quality control - only products that perform decently well can make it into most retail stores
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11y ago
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