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What is the difference between service and merchandise retailer?

Various costs are incurred by both merchandising and service businesses. Both may hire employees, both may need equipment in order to be in business and both types of business structures have customers who pay for goods or services. The main difference between a merchandising company and a service industry company is that the merchandising company must stock inventory.MerchandiseA merchandise business sells merchandise. Good examples of merchandising businesses include retail clothing, grocery stores and bookstores. Many people use the term "widget" to refer to any merchandise a business offers for sale when discussing business issues and dynamics. For example, a sale in which a customer receives two widgets for the price of one may refer to any type of merchandise. It could mean two pairs of shoes for the price of one or two boxes of pasta for the price of one. Service IndustryA service business sells things that are not tangible. A service company does not stock inventory, but it may need to stock tools and supplies. For example, a gardener comes to mow the lawn for a fee. He is selling a service. He may need to supply his own lawnmower, which is a cost of doing business. A maid sells the service of cleaning houses, but she may or may not need to bring her own cleaning supplies. After selling a service, there is no widget to pack up.


What business service offers continuous improvement of its services to customers?

Customer service offers continous improvement of its services to customers. There are a number of places where one can improve on customer service at a business school, sometimes training is offered by the owner of the business.


What service does a pennysaver provide?

There is a site called pennysaver that offers coupons and offers to users who visit their site. Some of the coupons are for products and some are for goods and services.


What type of proposal offers a product or service to existin or potential customers?

A sales proposal offers a product or service to existing or potential customers. It outlines the benefits, features, and pricing of the offering, aimed at persuading the recipient to make a purchase. Typically, it includes details about how the product or service addresses the customer's needs or solves a problem they may have.


What is the definition of merchandising?

of Merchandise

Related Questions

What is a trade person?

a person that sells merchandise or offers a service


If two restaurants sell many of the same food items but one offers a higher level of service the service distinction is a form of .?

The service distinction is a form of differentiation. By providing a higher level of service, the restaurant sets itself apart from its competitor, potentially attracting customers who value the enhanced experience. This can lead to increased customer loyalty and the ability to charge premium prices. Ultimately, it's a strategy to create a competitive advantage in the market.


What type of merchandise does Bulgari specialize in?

Bulgari offers plenty of different merchandise in jewelery and accessories. From necklaces, pocket books, trinkets to jewels, Bulgari offers a choice for any interested individual.


What is the specialty merchandise that Grindstore offers?

Grindstore is a store that sells clothing and official band merchandise in the rock, metal, punk and alternative genre. It sells T-shirts, hoodies, clothing and gifts.


Where can I find internet phone service?

Time Warner provides all of these services as the area's leading cable entertainment provider. For even faster speeds and higher quality, AT&T offers fiber optic service.


What is the typical merchandise markup at Hobby Lobby?

Hobby Lobby typically marks up its merchandise by about 50% to 60%. This means that items are often sold at prices that are significantly higher than their wholesale costs. However, the store frequently offers discounts and sales, which can affect the final purchase price. It's important to check for current promotions to get the best deals.


What company offers the best DSL service?

EarthLink is a company which offers the best DSL service. If you have a telephone service with this provider it's even more less expensive to have DSL service with them.


What are the advantages of using a freestanding pegboard in a retail setting for displaying merchandise?

Using a freestanding pegboard in a retail setting offers advantages such as versatility in displaying merchandise, easy customization, and efficient use of space.


Who offers a business phone service?

Verizon offers business phone service for starting at $24.99 a month. Sprint also offers a plan but it is a little more expensive.


What services can one find at the website 'Tripplite'?

Tripp Lite is a company which specializes in electrical merchandise. The website offers products such as surge protectors and cables. Other services offered by the website include ordering, customer service, and owner's manuals available for download.


What does the Ultra Music Festival website offer?

The Ultra Music Festival offers tickets for the Festival as well as videos and photos from the festival. The website also offers merchandise that can be purchased online.


What body shop offers the best service in Sacramento, CA?

The body shop that offers the best service in Sacremento, CA would be Bertolucci's.