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Author Question: Explain the difference between micro and macro-merchandising. What will be an ideal ... (Read 82 times)

@Brianna17

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on: Sep 11, 2018
Explain the difference between micro and macro-merchandising.
 
  What will be an ideal response?

Question 2

Explain the difference between promotions and markdowns.
 
  What will be an ideal response?


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iman

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Reply #1 on: Sep 11, 2018
Answer to Question 1

Diversifying merchandise to accommodate market segment preferences vs. same image and merchandise throughout chain.

Answer to Question 2

promotions are special buys at low prices which are passed on the consumer; markdowns are reduced prices in order to clear out stale merchandise


@Brianna17

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Reply 2 on: Sep 11, 2018
Thanks for the timely response, appreciate it

billybob123

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Reply 3 on: Yesterday
Excellent

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