Customer Service Chapter 1.1 What is Retail? Vocabulary

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Across
  1. 2. a type of retailer who only sells merchandise online.
  2. 4. _____are sold but are intangible, meaning you physically own it or bring it home.
  3. 5. a retailing channel, with the focus on creating a seamless consumer experience through any and all shopping channels
  4. 7. a company the is typically limited to one or a small number of owner investors.
  5. 11. a physical storefront and face-to-face customer experience
  6. 12. Receives, stores, displays, and presents the products to customers
  7. 16. ECOSYSTEM an interconnected system of approaches for meeting the goal of retailing
  8. 17. _____are physical goods that are bought and sold, also called merchandise
  9. 18. _____ are people who purchase goods or services from a retailer.
  10. 20. produces the product
  11. 21. the method by which customers acquire goods and services
  12. 22. Selling that uses salespeople to contact customers directly in a convenient location, often at a customer's home
Down
  1. 1. _____ is a facility that stores finished goods before they're picked, packed and shipped to fulfill customer orders
  2. 3. The license granted to another party to market a company's goods or services in a particular territory
  3. 6. the way in which a good or service passes through multiple businesses until it reaches the end consumer
  4. 8. Buying and selling through the Internet via an electronic device
  5. 9. A company that operates multiple stores under common ownership, and usually has centralized decision-making
  6. 10. a type of retailer that started online and continue to do all their business online (has no storefront)
  7. 13. a type of establishment, typically, a single store or a small, regional chain
  8. 14. a retail channel with customer transactions possible through multiple connected channels
  9. 15. buys large quantities of products directly from the manufacturer, breaks them into smaller units; sells the smaller units to retailers
  10. 19. the process of selling products or services to customers to earn a profit