GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Products can be displayed.
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Customers can speak on an online chat with employees.
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High overhead costs.
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The backroom can be used as a hangout
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Detailed explanation-1: -Brick-and-Mortar stores offer the advantage of an in-person shopping experience, which may be important when the product must be inspected by the shopper. They are also more convenient when the product cannot easily be delivered online, such as a haircut.
Detailed explanation-2: -By having an in-person presence, businesses can build trust and loyalty with customers, as well as get instant feedback on their products and services. Additionally, customers can physically touch and try out the products before buying them, which can be a major selling point.
Detailed explanation-3: -Selling online is cheaper Selling online is also cheaper than physical selling. There are no or very few overhead expenses, employees’ salaries, and maintenance costs. The cost of starting an online business is also comparatively lower than that of the physical storefront.
Detailed explanation-4: -Pro: The location can speak for itself. Pro: Brick and mortar takes the cake on customer experience. Pro: Brick and mortar assumes brand legitimacy and longevity. Con: High startup costs + general operational costs = more risk. Con: Permanency within a changing landscape. More items •11-Aug-2017