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Strategic Retail Business

Understanding the buying decisions of the customer and position your store and your product to entice the customer.
5.0
5.0/5
(1 reviews)
4 students
Created by Eric Yeboah

9.4

CourseMarks Score®

10.0

Freshness

10.0

Feedback

7.6

Content

Platform: Udemy
Price: $11.99
Video: 1h 56m
Language: English
Next start: On Demand

Top Retail Business courses:

Detailed Analysis

CourseMarks Score®

9.4 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

10.0 / 10
This course was last updated on 3/2021.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

10.0 / 10
We analyzed factors such as the rating (5.0/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Content Score

7.6 / 10
Video Score: 7.8 / 10
The course includes 1h 56m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
Detail Score: 9.4 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 5.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
0 resource.
0 exercise.
0 test.

Table of contents

Description

Retail involves the sales of goods from a single point ( malls, markets, department stores, supermarkets etc ) directly to the consumer in small quantities for his end use. Retailing is nothing but transaction of goods between the seller and the end user as a single unit ( piece) or in small quantities to satisfy the needs of the individual and for his direct consumption. There are different kind of retail outlets such as departmental stores, discount stores, supermarkets, warehouse stores, mom and pop store, specialty stores, malls and dollar stores.
There are different types of retail pricing models for the retail business such as cost plus pricing, competitive pricing, prestige pricing, psychological pricing, multiple pricing, discount pricing. Cost plus pricing mechanism: Every organization runs to earn profits and so the retail industry. Cost plus pricing works in the following principles: cost price of the product plus profit ( decided by the retailer) is equal to final price of the merchandise. According to cost plus pricing strategy the retailer adds extra amount to the actual cost price of the product to earn his share of profits. The final price of the merchandise includes the profit as describe by the retailer.
The display of the product in the retail store must entice the customers. The merchandiser in coordination with the store manager must ensure that the products are according to season as well as latest trends.

Requirements

• No requirements

You will learn

✓ Learn retail merchandising
✓ Learn characteristics, function and services of the retailer
✓ Learn comparative analysis of the retail business
✓ Learn classification of retail format, key features
✓ Learn factors affecting the buying decision of the customers n the store
✓ Learn inventory management in retail business
✓ Learn social and economic significance of retail business

This course is for

• students, store managers, retailers, traders, entrepreneurs, marketers, salespeople, merchandisers,bankers, consultants, brokers, investment professionals, entrepreneurs, managers, directors. teachers, marketers , everybody etc

How much does the Strategic Retail Business course cost? Is it worth it?

The course costs $11.99. And currently there is a 87% discount on the original price of the course, which was $94.99. So you save $83 if you enroll the course now.

Does the Strategic Retail Business course have a money back guarantee or refund policy?

YES, Strategic Retail Business has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any SCHOLARSHIPS for this course?

Currently we could not find a scholarship for the Strategic Retail Business course, but there is a $83 discount from the original price ($94.99). So the current price is just $11.99.

Who is the instructor? Is Eric Yeboah a SCAM or a TRUSTED instructor?

Eric Yeboah has created 82 courses that got 277 reviews which are generally positive. Eric Yeboah has taught 432 students and received a 4.6 average review out of 277 reviews. Depending on the information available, Eric Yeboah is a TRUSTED instructor.

More info about the instructor, Eric Yeboah

MBA/Chief Executive Officer
My education is centered on business and marketing, I have studied with Chartered Institute of Marketing ( C.I.M-UK) from certificate in marketing, advance certificate in marketing to post graduate diploma in marketing. I proceeded to do master of business administration from central university graduate business school.I have eighteen years of practical working experience with reputable organisations. The names of these previous organisations I have worked with are Central university Lecturer, Platinum Impex limited, Regional sales/marketing officer, sales/marketing executive, Laine Services Limited. Strict marketing research services chief executive officer/consultant,etc. Iam currently self employed, working as chief executive officer/ consultant of Strict Consult.I believe in ardent entrepreneurship and always prepare to help business start-up voluntary. In this twenty first century, the customer is king, and every business or student need to understand the customer centric regime. you need the right education and training to understand the customer and deliver to his satisfaction. If you satisfy the customer consistently he will pay your organisation with his loyalty. 

9.4

CourseMarks Score®

10.0

Freshness

10.0

Feedback

7.6

Content

Platform: Udemy
Price: $11.99
Video: 1h 56m
Language: English
Next start: On Demand

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