In market research, sampling is one important element in conducting and analyzing data. Sampling is used to get opinions from the relevant audience, which usually, only some specific groups of people to get an understanding…
What Are Different Ways to Describe the Selling…
What is the Selling Price? Selling price is defined as the final price in which a product or service is sold by the seller to the buyer. It is set by a contract of sale…
What Are Different Types of Marketing?
Marketing is the most familiar term in the business sphere. It involves essential strategies to improve sales and business operational performance. On this article, we will take a look at the definition of marketing and…
What Are Different Types of Retail Training?
Retail training is part of your efforts to improve your retail operation and performance. It is a strategy to attract and convince shoppers to purchase your brand’s products from your salesperson. There are several key…
What Are Different Market Forecasting Methods?
Any business owners from various industries will eventually need to make a prediction about market trends and demand to develop better strategies for their businesses. An accurate prediction helps to effectively improve operational performance and…
How Many Types of Retail Audits Are There?
The Retail audit is of a company’s efforts to understand its operational performance. It requires the company’s representatives to collect data on the brand’s products in the retail stores. Furthermore, it ensures that retailers are…
What Are Primary, Secondary, and Tertiary Sales?
In the supply chain, before a product reaches to end customers, it will first reach at least three stakeholders: a manufacturing company or a national supplier, distributor, and retailer. The sales transactions from each level…
What is a Loyalty Program? How Does a…
What Is a Loyalty Program? A loyalty program has become very common these days as part of the marketing strategies. It means to encourage customers to return to the store and make purchase frequently. It…
MYSTERY SHOPPING FOR A RESTAURANT
Restaurants are places where customers come not just for good food but also ambience and customer service. Businesses today are banking on 360 degree customer experience to differentiate themselves from the competition. Starting from the…