You have to promote a brand in order to build brand recognition. This is normally done through advertising; however, there are many other components to a promotion campaign which could be used: in-store displays, discount coupons, free samples, celebrity endorsement, product placements (in movies or TV shows), etc. Some brands have had success by developing a cult following. The methods of promotion often depends on the product.
Opening a luxury brand retail store requires a lot of money, including store rent, decoration costs, product procurement costs, employee salaries, marketing costs, etc. Having good connections can help you obtain brand authorization, find a suitable store location, and recruit excellent employees. Having experience in the retail industry or the luxury industry can help you manage the store better. Opening a luxury brand retail store is a long process that requires patience and perseverance.
what are the chaning trends in the retail industry
what are the major noticeable changing trends in the retail industry
SAP/IS-Retail Stands for SAP Industry Specific or Industry Solutions for Retail
major negotiable changing trends in the retail industry
what are the major noticeable changing trends in the retail industry
Bi retail ...
Retail
People may wish to join the retail industry, because they enjoy selling products. People may also want to join the retail industry because there are always many jobs available.
Example sentence - His first job was in the retail industry.
Single brand retail is one in which a single item is sold across all outlets. Such as Reebok, Titan, Puma eetc. Multi-brand retail or "Supermarket" is where many items are sold under a single roof. For e.g. Wal-mart, BigBazaar, Central. etc.
Retail Industry is the largest industry of India, Agriculture being the next. Though, Agriculture industry is the largest employer and Retail comes in a close second.