BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

RETAIL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Temporary shops are also known as ____
A
Pop up shops
B
Pop shops
C
Top shops
D
Pop down shops
Explanation: 

Detailed explanation-1: -A pop-up shop is a temporary retail space that is typically used to introduce a new product line, test a new market or generate awareness for a product or cause. Pop-up stores are typically set up in areas with high foot traffic such as busy streets, malls, and city centers.

Detailed explanation-2: -A pop-up shop, also referred to as flash retailing, is a trend where a brand randomly opens up a sales space for a short amount of time before closing it down. The idea of this tactic is to generate interest, create a sense of urgency, and get people to come pay your business a visit for a fun, limited time event.

Detailed explanation-3: -Pop-up shops are retail spaces that open for a short period of time. These stores are used in various industries, including retail, music, museums, food, and many more.

Detailed explanation-4: -What are the benefits of running a pop-up shop? Cost savings-rents for a pop-up can be as low as 20 per cent of normal rates. Less risk-short-term leases make pop-ups more affordable and less risky. A chance to test the market for your product; see how well your products sell and seek feedback from real customers.

Detailed explanation-5: -Cheap jacks are retailers who have shops on a temporary basis and keep moving their business from one locality to another. Q.

There is 1 question to complete.