BUSINESS ADMINISTRATION
RETAIL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Shops and Stores can be described as physical (traditionally bricks and mortar)
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Shops and Stores can be described as non physical (traditionally bricks and mortar)
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Shops and Stores can be described as online ecommerce.
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Shops and Stores can not be described as physical (traditionally bricks and mortar)
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Detailed explanation-1: -The term “brick-and-mortar” refers to a traditional street-side business that offers products and services to its customers face-to-face in an office or store that the business owns or rents. The local grocery store and the corner bank are examples of brick-and-mortar companies.
Detailed explanation-2: -Brick-and-mortar stores are physical stores that customers can visit in-person. The opposite of a brick-and-mortar store is an online business. Many businesses combine brick-and-mortar stores with a web presence-conducting sales both online and in-person.
Detailed explanation-3: -Examples of brick-and-mortar businesses include Target, Dick’s Sporting Goods, and Trader Joe’s. Although most of today’s brick-and-mortar businesses also have a virtual presence where shoppers can browse, buy, and return products, brick-and-mortar sales are still 10 times greater than digital sales.
Detailed explanation-4: -What is an example of a brick-and-mortar store? An example of a brick and mortar store would be the Apple store, where customers can physically go to the retail location and purchase Apple products. Other examples include Walmart, Sephora, Target, etc.
Detailed explanation-5: -A brick-and-mortar is a business that operates from at least one physical location that customers can visit. (as opposed to exclusively online). The storefront is called a brick-and-mortar store. Traditionally, brick-and-mortar retail stores were THE way to do business.