Principles of Marketing
Popularity (by total correct streak): 17
Popularity (by number of users): 2
| Discount Stores | extensive, inexpensive assortment (Ex. old Wal-Mart) (size: 70,000 sq ft; 250 employees; 70,000 items stocked; sales: $15 million/yr) | |
| Supermarkets | carry food and non-food products like cosmetics (Ex. Fareway) (size: 39,000 sq ft; 150 employees; 30,000 items stocked; sales: $13 million/yr; gross profit margin=20%) | |
| Superstores | giant supermarkets that also carry consumer products (Ex. HyVee, Wal-Mart) (size: 150,000 sq ft; 325 employees; 100,000 items; sales: $35 million/yr; gross profit margin=15.5%) | |
| Box Store | food-based discounter that focuses on a small selection of items (Ex. Aldi) | |
| Hypermarkets | combines supermarket, discount store and warehouse--carries food, furniture, appliances, clothing (popular in Europe, but not in U.S.) | |
| Warehouse/Wholesale Club | combines cash-and-carry wholesaling with a members-only selling operation; carries grocery items, appliances, clothing and many other goods (Ex. Sam's, Costco, Price, BJ's, Pace) | |
| Warehouse Showroom | large, low-cost building; uses warehouse materials and technology; uses vertical merchandise display space (Ex. IKEA, other furniture dealers) | |
| Catalog Showroom | sells a broad selection of high-markup and fast-moving items at discount prices; people pay first, and then get their items--this helps control shrinkage (Ex. Service Merchandise) |
Quisition is a browser-based flashcard system that repeats old cards and introduces new ones at optimal time intervals. You can create your own card packs or use those developed by others.
