Colour Colour is the biggest motivation for shopping. People buy colour before they buy size‚ fit or price. People also react to the colours around the merchandise being considered. Colours are often selected for the amount of contrast they provide. The Colour Marketing Group (CMG) consists of colour specialists from most industries for which colour is a major factor in what is manufactured. The group serves as a guide‚ forecasts directions and indicated colour trends well enough in advance so
Premium Retailing Retail design Display device
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. Principles The purpose of visual merchandising is to: Make
Premium Retailing Dimension
References: [1] Loganathan‚ D. (2009). Indian Retail Industry – An Exploratory Study. Retrieved March 11‚ 2010‚ from retailnetworks http://www.retailnetworks.org/index.php?option=com_content&task=view&id=1425&Item id=302 [2] Lindstrom‚ Martin (2008). BUY.ology How everything we believe about why we buy is wrong‚ London: The Random House Group Limited [3] Arora ‚V.P.S.‚ Sharma‚ Shivani‚ and K. Singh‚ Nirdesh. (2007). Nature and Functioning of Visual Merchandising in Organized Food Retailing. Retrieved March
Premium Qualitative research Retailing
Retailing VTU notes PART-B- RETAIL MANAGEMENT MODULE 5 - RETAIL MANAGEMENT Retail Management: Definition: “Retailing consists of activities involved in selling goods and services to ultim ier. Retailers will be interested to assess the working of the supplier on paramerter such as innovation‚speed of new product or variant introduction‚ sampling service‚ marketing support(advertising and promotion) and handling queries and complaints. CATEGORY MANAGEMENT: Category management is the
Premium Pricing Marketing Retailing
Store M By Shenghao Li & Civia Reinman Store: M M is owned by the famously well-connected and well-married Miller sisters‚ daughters of American duty-free billionaire Robert W. Miller and his wife Maria Clara. Pia married oil heir Christopher Getty‚ Alexandra wed Prince Alexandre von Furstenberg‚ the only son of fashion designer Diane‚ and Marie-Chantal is married to Crown Prince Pavlos of Greece. Always on the best-dressed lists‚ the socialite sisters are the
Premium Neiman Marcus Customer service Sales
Merchandising Report Merchandising centres on the buying and selling of goods within a market place and a good merchandising system is essential to the success of any retail business. I intend to focus this merchandising report on Zara‚ a ladies fashion retailer and HMV‚ an entertainment megastore. These two companies have specific buying and merchandising strategies‚ which are tailored to the needs of their products. This report will explore the similarities and differences within each company
Premium Retailing Customer
at the intersection of Mavoor Road and Rajaji Road‚ two of the most important roads in Calicut city. Also‚ the building in which it is located is the Focus Mall‚ which is one of the two biggest malls in the city. The presence of a number of other retail outlets can be both an advantage and a disadvantage to the Focus Hypermarket‚ but we believe that because it’s the only one of its kind (hypermarket) inside the mall‚ it is an advantage to be in the presence of other retailers and restaurants because
Premium Retailing Shopping mall Sales
Brand‚ Packaging and merchandising Q1- Define Brand‚ explain the strategic function of the brand Brand is a term‚ a symbol or a design‚ which differentiates a product from the competitor. Branding is a process of adding value to the product by use of its packaging‚ brand name‚ promotion‚ and position in the mind of the consumers. Strategic functions of the brand: 1- Brand as a sign of ownership: it tells you who is the owner of the brand. 2- Brand as differentiating device: differentiate
Premium Brand Brand management Value added
INDUSTRY INSIGHTS PRESENTS: Shaping Retail: The Use of Virtual Store Simulations in Marketing Research and Beyond A supplement to Shopper Marketing TABLE OF CONTENTS Executive Summary .............................................................................................................................................................3 Introduction ..................................................................................................................................
Premium Research Virtual reality Marketing
PART 1 An Overview of Strategic Retail Management Welcome to Retail Management: A Strategic Approach. We hope you find this book to be as informative and reader-friendly as possible. Please visit our Web site (www.pearsoned.ca/bermanevans) for interactive‚ useful‚ and up-to-date features that complement the text—including chapter-by-chapter hot links‚ a study guide‚ and a whole lot more! In Part 1‚ we explore the field of retailing‚ the establishment and maintainance of relationships‚ and the
Premium Retailing Sales