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Sales Strategies for Retail

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Why must a retail company put sales strategies in place?

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1. What technique is a company using when it discounts items to increase demand?

2. What is bundling pricing in retail sales?

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About This Quiz & Worksheet

Test your knowledge of the purpose of a retail sales strategy, different types of pricing and other information from the lesson by completing these assessments.

Quiz & Worksheet Goals

The assessments will test you on the following:

  • Online retail sales details
  • Facts about promotional pricing
  • Why retail companies have sale strategies

Skills Practiced

  • Information recall - access the knowledge you've gained regarding factors significant to a product's success in retail sales
  • Knowledge application - use your knowledge to answer a question regarding what bundling is in retail sales
  • Reading comprehension - ensure that you draw the most important information from the lesson on plans for retail sales

Additional Learning

Increase your understanding of retail sales by completing the lesson titled Sales Strategies for Retail. The covered objectives include:

  • Know how promotional pricing should be used
  • Review product marketing
  • Understand the projections for online retail sales
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