Business, 25.07.2019 16:30 qveenriles3714

Burlington coat factory and ross stores offer customers the sport of searching the racks for great deals on brand-name products. both retailers use a(n) retailing strategy.

Answers: 1

Show answers

Answers

They are likely using the off-price retailing strategy. This type of retaining strategy is a way of offering or providing goods or services that are in a high quality at a price that is cheaper. This goods are usually second hand or likely off season items.

Answer from: jngonzo1226

Burlington coat factory and Ross stores offer customers the sport of searching the racks for great deals on brand-name products. Both retailers use a (n) “off-price” retailing strategy.

Further Explanation:

Retailing strategy:

Retailing strategy is a type of marketing strategy in which the company opts for this strategy to increase sales in the market. There are various types of retailing strategies. The company can opt for any retailing strategy depending upon the needs.

An off-price retailing strategy is a type of strategy in which the company sells branded products at a lower price. The reason behind selling the branded products at a lower price may be the product is out of fashion, the product manufactured in the excess quantity, the quality of the product is not good.

Different types of retailing strategy are the following:

Branding: In this type of strategy, the company makes a brand image. So that customers attract easily to the item because of the branding image. Customer experiences: In this type of strategy, the company builds a relationship with its customers by providing good sales services. Promotion & Advertising: In this type of strategy, the company promotes and advertises the product at a high level that can reach all over the world. This will attract the customer, as it tempts the customer. Price: In this type of strategy, the company follows different pricing policies to attract the customer by giving discounts, by offering free gift vouchers and by offering branded products at a discount price.

Learn more:

1.Learn more about types of strategy

2.Learn more about problem-solving strategy

3.Learn more about an increase in price

Answer details:

Grade: Middle School

Subject: Marketing

Chapter: Retailing strategy

Keywords:Burlington coat factory, ross stores, offers customers, sport, searching, racks, brand name products, off price, retailing strategy, marketing strategy, branding, customer, experiences, promotion, advertising, price.

Answer from: Quest

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues, with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

Answer from: Quest

Answerwork group;

Another question on Business

Business, 21.06.2019 13:40

Ida sidha karya company is a family-owned company located in the village of gianyar on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $850. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 250 units sold 225 units in ending inventory

Answers: 2

Answer

Business, 22.06.2019 01:30

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Answers: 1

Answer

Business, 22.06.2019 07:00

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Answers: 1

Answer

Business, 22.06.2019 11:00

Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative