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Q: Why is variety and assortment important elements in retail?
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2 Distinguish between variety and assortment Why are these important elements of the retail market structure?

1. on the basic level variety is just a collection of different products whereas assortment is a collection of variations of a single product. in assortment, the differentiation is in terms of brands, material, sizes e.t.c. 2. a) assortment * influences the choice of store for a consumer to patronize * helps cater for different price ranges .* caters for the various tastes and preferences of customers * increase profitability for the retailer b) variety * helps retailers tap into a wider market share * increase profitability for the retailer * aids in the presentation of the shop i.e. makes it look attractive * competitive advantage


Are variety stores in the retail distribution chain?

Variety stores are part of the retail distribution chain


What is retail accordion?

This theory focuses on the width of the product assortment sold by retailers and claims a general-specific-general cycle.The cycle begins by retailers selling a wide assortment of goods followed by a more focused range and vice versa


Features of retail marketing point wise?

1. Providing Assortment on products and services, 2. Breaking Bulk 3.Holding Inventories


Where can you purchase a ravensburger puzzleball?

Ravensburger Puzzleballs can be purchased from a plethora of retail stores that sell toys, games and puzzles. Retail outlets such as Toys 'R' Us, Hobby Lobby, and Walmart carry a wide assortment of these items.


What is total retail experience?

All the elements in a retail offering that encourage or inhibit consumers during their contact with a retailer.


Where can Squinkies be bought?

The easiest place would be amazon, as they have a variety of options and prices. Also they have an assortment of shipping options and sometimes they even gift wrap. You could have the toy delivered to the child's doorstep with ease! Other good options are retail outlets like Target, Walmart, Toy's R Us, Etc.


What are the key elements of minimising financial risk within a retail environment?

It is important to know all of the risks ahead of time. Have a clear plan outlined to ensure that risks do not occur.


What is The retail chain?

The retail distribution chain includes food, drug, variety, and convenience stores, gas stations, newsstands, and restaurants


What do you like florist retail?

The variety of different events and being creative with flowers.


What is the retail distribution chain?

The retail distribution chain includes food, drug, variety, and convenience stores, gas stations, newsstands, and restaurants


What retail software is the best for a new company?

This largely depends on what type of company you are running. POS software provides a variety of different functions for a variety of different businesses. You may want to try Retail Plus or Armsys.