Retail Shopper Behaviour: Unit 5
Retail Shopper Behaviour: Unit 5
Retail Shopper Behaviour: Unit 5
UNIT 5
Factors influencing
customers decision
making
Range of merchandise
4
Customer
Need
Search
for
Information
Store
Store
visits
visits
Evaluation
of options
Purchase
decision
Performance
Performance
Evaluation
Evaluation
Training
Training
Supervision
Supervision
Development
Development
CompenCompensation
sation
Motivation
Motivation
19 - 9
Complaint s Management
Feedback about the grievances
Complaints allow retailers to interact
with
their
detailed
customers
information
and
about
10
acquire
their
11
CHALLENGES IN RETAILING
The first challenge facing the organized
retail sector is the competition from
unorganized sector.
In retail sector, Automatic approval is
not allowed for foreign investment.
High Taxation
Developed supply chain and integrated
IT management is absent in retail sector.
Lack of trained work force.
13
(Continued.)
Low skill level for retailing management.
Fundamental complexity of retailing rapid price changes,
low margins.