How Can a Traditional Department Store Compete Against a Membership

question 21

Short Answer

How can a traditional department store compete against a membership club and a flea market?

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Definitions:

Service

An intangible product that involves deeds, performances, or efforts that cannot be physically possessed.

Pioneering Ad

An advertisement aimed at creating awareness and interest in a new product or category that was not previously available.

Inform

To provide knowledge or information about a specific subject or event, typically aimed at educating or updating an audience.

Target Market

The specific group of consumers a company aims to reach with its products or services, identified by characteristics like age, location, or interests.