Grocery Stores Can Use BI Tools to Better ______ the Demands

question 46

Essay

Grocery stores can use BI tools to better ______ the demands, so that stock outs are reduced.

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Definitions:

Marketing Channel

A marketing channel is a set of practices or activities necessary to transfer the ownership of goods from the point of production to the point of consumption, including distributors, wholesalers, and retailers.

Promotional Allowance

Financial incentives provided to retailers or wholesalers by manufacturers to stock, display, or promote specific products.

Free Goods

Products or services offered without charge to the consumer, often used as a promotional strategy to increase engagement or loyalty.

Advertising Activities

Initiatives and efforts undertaken by a company to promote its products or services to a target audience.