Diversification Strategies – Target Corporation Compare and contrast the different diversification strategies being used by Target Corporation and competitors within the discount variety retail industry Recommend a diversification strategy that best fits the discount variety retail industry
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strategies being used by Target Corporation and competitors within the discount
variety retail industry Recommend a diversification strategy that best fits
the discount variety retail industry
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Solved in 3 steps
- Explain how sellers are selected.Think of a company of your choice, which involves in trading mobile phones. Explain the various approaches used in segmenting markets and also describe how the marketing mix is used to position your products in a market.Describe in the simplest terms possible how segmentation actually operates. How does it differ from standard paging methods? In other words, what exactly does the term "compaction" mean?
- Telephone and direct-mail retailers: have real trouble selling because they only target the really wealthy. have real trouble reaching their target markets, since their customers are so dispersed geographically. can do well with products that would be unprofitable for a local retailer to carry. All of the above are true. None of the above is true.I need help with these two questions In the general merchandise retailing category, off-price retailers A.sell high volumes of merchandise, offer limited service, and charge lower prices B.offer a wide variety of merchandise and limited depth C.sell brand-name and designer merchandise below regular retail D.sell primarily food products The three main retail formats include all of the following except A.general merchandise retailing B.food retailing C.discount retailing D.non-store retailingYour management has requested you to suggest different types of food retailers for new retail investment. Based on any THREE (3) different types of food retailers of your choice, evaluate their characteristics in reference to (1) the size of stores, (2) the variety and assortment of the merchandise, and (3) the pricing method.
- please as Retailers provide essential services for the manufacturers of the product they sell. Firstly, they overcome gaps between manufacturers and customers, and secondly, they perform a range of functions in the marketing channel. • Identify and explain one main gap between your manufacturers and customers you believe your retailer will fill. Justify your choice. • Identify the top two functions your retailer will perform for your manufacturer in the marketing channel.Why retail strategy should have good Vendor Relations to build a sustainable competitive advantage?Choose a retailer, and describe how it has developed a competitive strategic advantage.