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How does customers affect pricing decisions?

Price is not often the decision! Customers rarely make decisions based only the price but on the precieved value. If the goods or service is poor or inaproppriate the apparent reason stated maybe price but there is often no value attached to the goods by the customer.


What is the cost implications of bringing in new customers as opposed to retaining existing customers?

Acquiring new customers generally incurs higher costs than retaining existing ones, as it involves expenses related to marketing, sales efforts, and onboarding. Retaining existing customers is often more cost-effective because it leverages established relationships and loyalty, leading to lower marketing costs and higher profit margins. Additionally, satisfied customers tend to make repeat purchases and can advocate for the brand, further reducing acquisition costs over time. Thus, businesses often benefit more financially from focusing on customer retention strategies.


How did rebates affect smaller customers?

Rebates often provided smaller customers with financial incentives to purchase products, making them more accessible and affordable. However, these customers sometimes faced challenges in navigating the rebate process, which could limit their ability to fully benefit from the offers. Additionally, larger customers might receive more significant discounts or incentives, potentially leaving smaller customers at a disadvantage in competitive markets. Overall, while rebates aimed to support smaller customers, the effectiveness varied based on individual circumstances and market dynamics.


What clothes do merchants wear?

Merchants typically wear practical and professional attire that reflects their business environment. In formal settings, they may don suits or dress shirts with slacks, while in more casual or retail environments, they might choose polo shirts, khakis, or branded apparel. Comfort and functionality are key, as they often need to move around and interact with customers. Additionally, attire can vary based on the cultural context and the nature of the merchandise being sold.


What are the duties of a sales girl?

A sales girl is responsible for assisting customers in finding and selecting products, providing information about merchandise, and ensuring a positive shopping experience. She may also handle transactions at the cash register, manage inventory, and maintain the cleanliness and organization of the sales floor. Additionally, she often engages in promoting special offers and upselling products to maximize sales. Strong communication and customer service skills are essential for effectively meeting customer needs.

Related Questions

What is close displays merchandise?

Close display merchandise refers to items strategically placed near the checkout area or within close proximity to encourage impulse buying. These products are often smaller, lower-priced items that catch customers' attention as they finalize their purchases. Retailers use close display merchandise to maximize sales by enticing shoppers with additional, often seasonal or promotional, items that complement their primary purchases.


When and how often does the merchandise at Red's change in animial crossing city folk?

Every week.


What are the characteristics of general-merchandise wholesalers?

General-merchandise wholesalers carry an extensive line of products and provide a wide variety of services. Although these wholesalers may carry many different product lines, they do not carry an extensive variety within them,


How often does Norton Antivirus suggest you update your spam blocker?

Norton does not often suggest you update your spam blocker. They only suggest you update it when you change firewall settings or update the software on your computer.


Are all sales final when the merchandise is defective?

Usually, yes. That's often why the seller specifies that the sale is final.


Do truck stops typically have microwaves available for use by customers?

Yes, truck stops often have microwaves available for customers to use.


Tolson suggest that the mongrel is often?

Hungry


Who is a merchandiser?

a businessperson engaged in retail trade Spécialiste des techniques de merchandising, il conseille les points de vente dans leur politique d'aménagement et de mise en place des produits. Il peut travailler pour le compte d'une enseigne ou d'un fabricant.


What does free shipping mean?

Free shipping means that a seller or retailer covers the cost of shipping and handling for customers, allowing them to receive their purchased items without incurring additional shipping fees. This incentive is often used to attract customers and increase sales, as it can make the overall purchase more appealing. Free shipping may apply to all orders or only to orders above a certain amount.


What is the difference between an external and internal customer?

It's supposedly to do with customers.


What is a bargain basement?

A bargain basement is an area within a retail store, often located below ground level, where the least costly merchandise can be found.


Where is Michael kors sold?

high-end boutiques often sell Michael Kors watches. You can buy Micheal Kors merchandise from their website, michaelkors.com