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Ch 4: Identifying Long-Term Trends in Retail

About This Chapter

As you prepare for a test or work on an assignment on long-term trends in retail, use this chapter to strengthen your knowledge. We offer entertaining lessons, mini quizzes and other tools you can access any time via your computer or mobile device of choice.

Identifying Long-Term Trends in Retail - Chapter Summary

Discover or enhance your current understanding of ways to identify long-term trends in retail with help from this entertaining chapter. Our expert instructors offer in-depth analyses of customer needs, demographic shifts, customer behavior and much more as they relate to retail trends. Access these lessons any time your schedule permits and visit as many times as needed to feel confident in your knowledge of these concepts. When you're ready, use our short quizzes and chapter exam to confirm your comprehension. Our Dashboard keeps track of your progress and enables you to send lesson topic questions to our experts. Upon completion of this chapter, you will be able to:

  • Detail the theory and history of diffusion of innovation
  • Analyze four major concerns of long-term retail trends
  • Describe the impact customer needs have on retail trends
  • Explain how demographic shifts affect retail trends
  • Discuss ways retail trends are impacted by changes in customer behavior
  • Provide an explanation of ways disruptors and accelerators impact retail trends

6 Lessons in Chapter 4: Identifying Long-Term Trends in Retail
Test your knowledge with a 30-question chapter practice test
Diffusion of Innovation: Theory, History & Examples

1. Diffusion of Innovation: Theory, History & Examples

New ideas and technologies find ways to spread around the world, but it actually takes a lot to fully adopt them into a new society. Explore the idea of diffusion of innovation, and test your understanding with a brief quiz.

Long-Term Retail Trends: Analyzing Four Major Concerns

2. Long-Term Retail Trends: Analyzing Four Major Concerns

Identifying long-term retail trends gets a bit easier with the four components we identify in this lesson. You'll learn about the impact that customer needs and behaviors, demographics, and disruptors/accelerators have.

Impact of Customer Needs on Retail Trends

3. Impact of Customer Needs on Retail Trends

After reading this lesson, you'll see just how much impact consumers have on the retail industry. See how customer needs are shaping the retail experience.

Impact of Demographic Shifts on Retail Trends

4. Impact of Demographic Shifts on Retail Trends

The United States is experiencing some major demographic shifts. Learn about the four shifts that are having a significant impact on today's retail trends.

Impact of Changes in Customer Behavior on Retail Trends

5. Impact of Changes in Customer Behavior on Retail Trends

Consumer behavior has a huge impact on retail trends. In this lesson, we'll take a look at five specific consumer behaviors and how they are shaping the way retailers operate, grow, and behave.

Impact of Disruptors & Accelerators on Retail Trends

6. Impact of Disruptors & Accelerators on Retail Trends

Disruptors and accelerators in retail can shift a business or industry forever. In this lesson, you'll learn more about five major areas impacting the retail industry today and into the future.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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