Chapter 1 Review
Across
- 1. also called merchandise, the physical goods that are bought and sold
- 5. this influences customers to buy because of ads they have seen - external _______ cues
- 9. this type of customer returns to the store again and again because of good experiences
- 10. buys large amounts of product directly from manufacturer for sale to retailer
- 13. a person who buys into an established retailer to own part of the business
- 14. the interconnected system of approaches for meeting the goal of retailing is a retail _________
- 15. the overall impression a company wants to give customers
- 16. person buying the service or product
- 17. the unique way the company interacts with customers and employees is the company _______
- 18. this influences customers to buy because of other people they see using the product/ service - external ____ cues
- 19. a business/person who offers services/products
- 22. this influences the customer to buy because they have a need or want - ______ physical cues
- 23. this type of shopper likes to shop for fun/for the adventure
- 24. a benefit of doing business with a company is a brand ______
Down
- 2. retail system where customers interact with all available channels in the retail ecosystem
- 3. this type of shopper likes to compare brands and deals across stores
- 4. this type of shopper buys what they see other people buying
- 6. this type of shopper likes to be the trend setter
- 7. the percent of jobs that retail provides in each state
- 8. intangible, can't be physically owned by customer like lawn services or physical training
- 11. produces finished products
- 12. a store run by an individual (mom and pop shop)
- 17. business owned by shareholders through trading stock - a board of directors
- 20. this type of shopper buys quickly without thinking
- 21. this person uses social media to draw people to buy products/services
- 25. the attitudes or expectations a customer has about an experience