shopping convenience
The element of convenience is fast gaining prominence in the world of organised retail.
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Retail-Intl Solution provides professional mystery shopper services to help businesses gain valuable insights into customer experiences. Improve business performance.
Sue Goldstein has written: 'The underground shopper's guide to off-price shopping' -- subject(s): Directories, Discount houses (Retail trade), Outlet stores, Shopping 'Great buys for kids' -- subject(s): Children's paraphernalia, Directories, Shopping 'The 2nd underground shopper' -- subject(s): Directories, Discount houses (Retail trade), Mail-order business 'The Dallas-Fort Worth Underground Shopper, 1993' 'The underground shopper's guide to health & fitness' -- subject(s): Directories, Health, Physical fitness, Physical fitness centers 'The Houston - Galveston Underground Shopper' 'The underground shopper' -- subject(s): Accessible book, Directories, Discount houses (Retail trade), Mail-order business
Herb Sorensen has written: 'Inside the mind of the shopper' -- subject- s -: Retail Stores, Marketing, Consumer behavior, Retail trade, Design and construction
There are hundreds of companies offering these services. Some specialise in specific retail type i.e. Food or clothing or furniture/homeware.
The main purpose of a Mystery Shopper company is to provide professional shoppers to a variety of stores or restaurants to evaluate the performance of the sales staff. A Mystery Shopper will go to places such as retail stores or restaurants and although they are acting as a customer, they are doing a full evaluation and rating of the performance of the service provided.
Retail catchment areas refer to the geographical zones from which a retail business attracts its customers. These areas are typically defined by factors such as population density, demographics, and travel patterns, influencing where potential customers are likely to shop. Understanding catchment areas helps retailers optimize location selection, marketing strategies, and inventory management to better serve their target audience. Effective analysis of these areas can significantly impact a retailer’s performance and profitability.
The ratio of leasing retail space to gross retail sales typically varies by industry and location, but a common benchmark is around 10-15% of gross sales. This means that for every dollar in sales, retailers may spend 10 to 15 cents on leasing expenses. Factors influencing this ratio include the type of retail business, market conditions, and lease terms. A lower ratio indicates more efficient use of space relative to sales, while a higher ratio may suggest higher operational costs.
To be a secret shopper there are different companies to go to and apply. Marketforce and Ritter and Associates are two of the larger companies. Be careful, no company should require a big up front use of your money. If they do, they might be a scam.
The retail market structure refers to the organization and characteristics of the retail industry, encompassing the various types of retailers, their market share, and competitive dynamics. It can range from a monopoly, where a single retailer dominates the market, to perfect competition, where many retailers offer similar products. Most commonly, the retail market is characterized by oligopolistic competition, where a few large firms hold significant market power alongside numerous smaller retailers. Factors influencing this structure include consumer behavior, technological advancements, and regulatory environments.
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The first retail store opened in 1935 by Takeo Ishimoto was a significant milestone in Japanese retail history, marking the beginning of the Ishimoto chain. Known for its focus on quality and customer service, the store laid the groundwork for modern retail practices in Japan. Ishimoto's vision contributed to the growth of retail in the country, influencing future generations of retailers.