Should the Industrial Products Group of Loctite Corporation Introduce the New Adhesive Dispensing System?
Autor: antoni • September 30, 2011 • Essay • 295 Words (2 Pages) • 2,192 Views
Should the Industrial Products Group of Loctite Corporation introduce the new adhesive dispensing system? Well, the idea of creating more interest around the core retail business came out from those retailers who had analyzed carefully the behaviour of their frequent clients and those who did zoomed in to clients minds and asked what else do you like to see in this place, at the first place having more services and business around the main retail business it is intended to serve the clients doing their shopping in one place saving them the headache of and hassles of driving to multiple locations to conclude the shopping, the second objective as we learned comes from those auxiliaries who comes after the main retailer starts the business, what attract those new comers is the traffic created on that spot of shopping aiming to make use of this cloud of shoppers
Retailers always think of the location as a key deciding factor before establishing a new shop, however this might be with high concern for those new start-ups however for well established brands the issue will be much easier, certain brands like the franchised names are invited to new shopping malls or vacant areas, where the owners of the shopping mall capitalize on the reputation and client base of these brands
Attracting more shoppers to a place or limited space can result more possibilities for business to any of the shops or services available or those who can benefit from this crowd and high traffic of people, this is why shopping malls owners think of the place which is the most convenient for the shoppers, also at the start of any new mall there is always certain brand names comes as welcomed and offered a lot of extra facilities
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