MANAGEMENT

Detailed explanation-1: -Merchandising is synonymous with the sale of goods in retail with the target being the customer. Examples of merchandise include clothes, shoes, furniture, electronics, cleaning products, and food products among others. The intention of selling merchandise is to make a profit.

Detailed explanation-2: -Merchandising, broadly speaking, refers to any entity that engages in selling a product. 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-3: -A fashion expected to be a hot seller but which does not sell is a: Flop.

Detailed explanation-4: -Merchandising is everything you do to promote and sell your products once the potential customer is in your store. When we talk about merchandise, we are talking about products available for sale, typically in a retail setting.