The Place Element of the Retailing Mix Involves the Selection

question 77

Essay

The place element of the retailing mix involves the selection of the proper site location.List two reasons why selecting a proper site is a critical decision for a retailer.

---

Definitions:

Labels

Terms or classifications applied to individuals or groups based on characteristics, which can sometimes lead to stereotyping or bias.

Analyses

The process of examining data or information in detail in order to understand it better or to draw conclusions from it.

Symptoms

Signs or indicators, especially of a disease or a problem, that are evident to the patient or observer.

Reciprocal Interactions

Exchanges or relationships where actions or influences are mutual, allowing for the interactive impact between parties or elements.