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Retailing 16 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Wheel of retailing Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Retail life cycle INTRODUCTION Aggressive entrepreneurs Pop up retailers GROWTH Sales grow New competitors Stores expand offerings MATURITY Multiple competitors Profits decline New products offered DECLINE Offerings become obsolete
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Future of retailing Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Demographics Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Technology Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Globalization Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Self-Service Limited-Service Full-Service Classify Retailers by Service Level
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Classify Retailers Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall NARROW BROAD SHALLOW DEEP Merchandise Depth Merchandise Breadth Convenience stores (airport gift shop) Warehouse club (Sam’s, Costco) Specialty stores (Legendaryheroes.com) Super retailers (Amazon.com) by Merchandise selection
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall STORESNON-STORE Retail types Convenience Supermarkets Specialty Discount Off-price Warehouse clubs Factory outlets Department Hypermarkets
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall STORESNON-STORE Retail types Convenience Supermarkets Specialty Discount Off-price Warehouse clubs Factory outlets Department Hypermarkets Direct selling Door to door Party selling Vending machines Auctions/eBay Garage sales, Craigslist.com Online retailers
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Copyright © 20112Pearson Education, Inc. Publishing as Prentice Hall Store Types
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Convenience Convenience Store
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Non-Store
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall B2C E-commerce
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall E-commerce Benefits to the firm
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall E-commerce Limitations to the firm
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Benefits to the Consumer
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Limitations for the Consumer
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Future effects of B2C
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Retailing as Theater
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Store Image
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall LUXURY THRIFTY TRADITIONAL FASHION FORWARD Macy’s Sears Saks Fifth Ave. Lord & Taylor Bergdorf Goodman Bloomingdales Barney’s Henri Bendel Store image mapping
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall STORE DESIGN Image elements Atmospherics Music, color, lighting Traffic flow Visual merchandising PRICING STORE PERSONNEL
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Atmospherics
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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Lighting, color, music
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Store Layout
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Store Layout
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Visual Merchandising
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Store Staff
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Copyright © 2021 Pearson Education, Inc. Publishing as Prentice Hall Pricing and store image
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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Store Location
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All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2012 Pearson Education, Inc. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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