At first glance‚ the budget hotel sector1 looks promising over the long term. It offers a reliable value proposition: a clean‚ dependable‚ inexpensive place to stay for business people and tourists. These hotels offer better facilities than most one to two star hotels or guesthouses in many cities and districts where previously the economy hotel experience could best be described as uncomfortable –all at a similar price level. There is also the potential
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An Internship Report on “Merchandising Management -A Case study on KUN SOURCING LTD. (a buying house)” Table of Contents | | |Page No. | | |Letter of submission | | | |Certification
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Introduction 3 2.1 Singapore Fairmont hotel company background 3 2.2 The current issue 4 3. Situation analysis 5 3.1 Market context 5 3.2 SWOT analysis 6 3.3 Competitor analysis 8 4. Implement business plan 9 4.1 Plan A- Establishment of Service Level Support System in Hotel Industry 9 4.2 Plan B-Strengthen Customer Management 10 4.3 Plan C-Effective E-promotion to increase brings stable and potential guest sources for hotels 11 4.4 Plan D-Effective public relations
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create‚ organize‚ and present a visual merchandising promotion concept for the months of January and October for the U of A bookstore. Problem statements:The purpose of this proposal is to demonstrate the University Bookstore’s need for a more effective visual merchandising concept. In order to address the problem of unsuccessful display results in the U of A Bookstore‚ this project will explore: Traffic patterns within the store’s floor layout. Sales trends in relation to monthly promotional
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Retail merchandising is the process used in order to conduct retail sales. As part of the process‚ the merchandiser pays close attention to the types of products offered for sale‚ how to best present those products to consumers‚ and determining what is a reasonable retail price for each unit sold. While retailers have traditionally engaged in the task of retail merchandising in a physical location‚ the Internet has now made it possible to apply these same basic principles in a virtual setting. The
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Visual merchandising is the activity and profession of developing the floor plans and three-dimensional displays in order to maximise sales. Both goods or services can be displayed to highlight their features and benefits. The purpose of such visual merchandising is to attract‚ engage‚ and motivate the customer towards making a purchase. Visual merchandising commonly occurs in retail spaces such as retail stores and trade shows.
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The Principles of Merchandising The past decade has witnessed sea change in the world of retail‚ of which increasing competition is just one aspect. New and emerging technologies and customers fragmentation has made it even more difficult for retailers to retain consumers who are loyal to their stores. Walters and Hanharan have identified four key elements of the strategic direction that are retailer may take‚ they are: * Merchandise strategy; * Communications strategy; * Customer service
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Chapter I Merchandising –Introduction‚ role‚ functions‚ types Mrs. Manju is on a visit to the neighborhood store. It sells a variety of daily essentials. She asked for jam. The merchant in the store brought it to her from the shelf at the back of the counter. She paid the bill and left the store with the bottle of jam. We notice that the merchant sold merchandise – “jam” to Mrs. Manju. If the jam is in the store‚ Mrs. Manju will not know of its existence. She is aware of it only when the merchant
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“IMPACT OF VISUAL MERCHANDISING ON CUSTOMER FOOTFALL & THEIR BUYING BEHAVIOR IN BHARTI RETAIL LTD. (EASY DAY MARKET)” Summer project submitted in Partial Fulfilment of the Requirements for the Award of Post Graduate Diploma in Management (Recognized by AICTE‚ Ministry of HRD‚ Govt. of India) By Varun S Nath PG 09 116 INMANTEC Integrated Academy
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Visual merchandising is developing the floor plans‚ lighting effects‚ display the products to attract the customers toward making the purchase. Visual merchandising techniques were first introduced to the world in 19th century‚ when the big establishments like Marshall Field&Co changed their business from wholesale to retail and goods display became necessary to attract the consumers. It includes showing and promoting the products‚ creating an connection between the display and the viewer‚ getting
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