1.1 Welcome to Retail

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Across
  1. 3. this customer likes to be the first to purchase the newest technology, fashion, or car, as well as try the just opened restaurant and see the newest movie.
  2. 4. an interconnected system of approaches for meeting the goal of retailing
  3. 6. this customer spends lots of time checking out products and prices through online sites, visiting different stores, comparing advertisements, etc
  4. 10. this customer is loyal to a specific store based on repeated and valued positive customer experience with the retailer or the products.
  5. 11. similar to multichannel retailing in that customers have the opportunity to interact with all of the available channels in the retail ecosystem
  6. 13. is defined as a business or person that sells products and/or services to customers.
  7. 15. this customer views shopping as a fun occasion.
Down
  1. 1. this customer finds out what is trendy before making a purchase.
  2. 2. this customer makes quick purchase decisions; often for inexpensive items without high importance to the buyer.
  3. 5. produces finished products
  4. 7. is to provide customers with the merchandise and services they want when, where, and how they want to purchase them
  5. 8. offers customers the opportunity to interact with the multiple options in their ecosystem
  6. 9. buys large quantities of products directly from the manufacture and then sells smaller amounts to retailers
  7. 12. are intangible (they can’t be physically owned by the customer) transactions, such as lawn mowing, hair care services and personal training
  8. 14. are physical goods that are bought and sold, such as food, clothes, and household items.
  9. 16. are people who purchase goods or services from a business.