Does your marketing plan involve using retailers? If the answer is no, read no further and do
Question:
Does your marketing plan involve using retailers? If the answer is “no,” read no further and do not include a retailing element in your plan. If the answer is “yes”:
1 Use Figure 13–3 to develop your retailing strategy by
(a) selecting a position in the retail positioning matrix and
(b) specifying the details of the retailing mix.
2 Develop a positioning statement describing the breadth of the product line (broad versus narrow)
and value added (low versus high).
3 Describe an appropriate combination of retail pricing, store location, retail communication, and merchandise assortment.
4 Confirm that the wholesalers needed to support your retailing strategy are consistent with the channels and intermediaries you selected in Chapter 12.
Step by Step Answer: