Retail merchandising

 

Create and describe your original retail establishment
Name the existing shopping center in which it will be located
Where is this center located?
Describe the center’s retail format
iii. Why is this center appropriate for your retail establishment?

Describe your Strategic Retail Planning Process
Define the business mission
Conduct a SWOT analysis
Identify and evaluate strategic opportunities
Identify and evaluate strategic opportunities
Evaluate strategic opportunities
Establish specific objectives and allocate resources
Develop a retail mix to implement strategy
Evaluate performance and make adjustments
Present your Customer Relationship Management program
Who is your target customer and how will you build loyalty?
What CRM programs will you use?
Describe your retail pricing process
Present your product(s) with pricing strategy (Do NOT provide long lists of prices!)
Explain your Retain Communication Mix
What media elements will you use (including social media)?

 

Sample Solution

separated by a title name: Employment, Affordability, Age, Learning Advances, Employer Perceptions and Burning Out. Underneath said concerns, descriptions are stated involving information that may not be known by future learners. However, in addition, Sabell also notes information that gives awareness of how to address and overcome said concerns. ‘I’m too old to study’ shows ones age as a negative barrier. Whereas, ‘age is their greatest advantage,’ attains a positive quality and illustrates their experiences of the world and their knowledge gained from the importance of learning. This piece of research is dated from 2017 and is considered relevant and fairly up to date. Also, the source reference of this article is from The College for Adult Learning, reassuringly confidence is given in that the knowledge and information published is creditable, as it’s from an educational setting.

According to Caschera (2013), the three biggest challenges facing adult learners are balancing school and life, accessibility and costs. The realisation of how time management is essential when deciding to enter or re-enter education is evident in all aspects of living. ‘The Balancing Act’ is detrimental to the success of progression, but many adult learners have family and work obligations. Furthermore, these ‘additional responsibilities can lead to stress and frustration for adult learners.’ It is then considered that accessibility is linked to time commitments and therefore attendance to classes may become more difficult during the regular course timetable, as employment and childcare may cause conflict. In turn, reluctance in the pursuit of higher education may occur. The long-term cost of higher education can also have a major impact on adult learners living situations.
However, knowledge of these concerns is being addressed by many educational institutes, resulting in more flexible options being made.

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