BUSINESS ADMINISTRATION
RETAIL MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pop up shops
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Pop shops
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Top shops
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Pop down shops
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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.