answersLogoWhite

0

Yes, the wheel of retailing concept applies to online retailing as it illustrates how new online retailers often enter the market with low prices and minimal services, gradually enhancing their offerings as they grow. This process allows them to attract a price-sensitive customer base initially. Over time, as these online retailers expand their services and product ranges, they may increase prices, similar to traditional retailers. Consequently, this dynamic can lead to the emergence of new low-cost online entrants, perpetuating the cycle.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

What does erosion of department store retailing illustrate?

wheel of retailing


How does the concept of rolling without slipping apply to the motion of a wheel on a surface?

When a wheel rolls without slipping, the point of contact between the wheel and the surface is stationary. This means that the wheel rotates and moves forward at the same time, without sliding or skidding. This concept is important in understanding how a wheel moves efficiently and smoothly on a surface.


How does the concept of rolls without slipping apply to the motion of a wheel on a surface?

When a wheel rolls without slipping, it means that the wheel is both rotating and moving forward without sliding. This is because the point of contact between the wheel and the surface is not moving relative to each other. This concept is important in understanding how a wheel moves efficiently and smoothly on a surface.


In the wheel of retailing process?

b new retailers offer lower prices by reducing services.. pg 428


What is wheel of retailing and its components?

The Wheel of Retailing is an interesting phenomenon that has observed the tendency of retail stores to progressively add to their services. These services are normally motivated and influenced by consumer desires and aimed to increase consumer satisfaction as well as profits. Many stores have begun as discount retailers but have gradually added services in response to consumer demand.


In the wheel of retailing process new retailer offer improved serives at equal prices?

B:new retailers offers lower prices by reducing services.


How mani wheel apply of parking brake of tatalpta713?

Check the instruction on the manual of the tatalpta713 in order to understand how many wheel to apply for parking brake.


Can you apply oil to a computer mouse?

Yes, you can! Apply in the scroll wheel axis to lubricate the plastics for a smoother and quieter wheel scrolling! However be very careful to keep the lubricant on the bearings and not get any on the wheel surface itself. However not on an optical mouse without a wheel


How can you make a Wheel of Fortune wheel online?

You would be in copyright violation


What would cause the front wheel to screech while driving but not when you apply the brakes?

Possibly bad wheel bearing.


How do you do a burnout in a front wheel drive car?

Apply the parking brake.


Why does my steering wheel shimmy when i apply my brakes?

your car is probably trashy