BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Market Offerings
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Experiences
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Physical Products
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Services
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Detailed explanation-1: -Under this definition, there are two types of merchandising companies, namely retail and wholesale. Retailers sell their products directly to consumers, while wholesalers buy from manufacturers and sell to retailers.
Detailed explanation-2: -Apparel merchandisers work in the fashion industry and figure out what products and materials to buy to keep a brand successful. They closely collaborate with designers and buyers and analyze fashion trends and customer choices to best curate future merchandise.
Detailed explanation-3: -Merchandise is the term used for any product that you can sell or buy. Any good for sale is merchandise, some examples include groceries in a supermarket, clothes in a retail store, electronics on a website or raw materials in a manufacturing warehouse.