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natulia [17]
2 years ago
8

For retailers, when making decisions regarding place, a key ingredient to success is?

Business
1 answer:
nirvana33 [79]2 years ago
5 0

For retailers, when making decisions regarding place, a key ingredient to success is product placement promotion.

Decisions regarding a place or location are critical to the ultimate success of the retail enterprise. Such as good locations allow ready access, attract large numbers of customers and increase the potential sales of retail outlet. As when promotion in such places increases, so does the sales.

So even slight differences in location can have significant effects on market share and profitability. Deciding where to locate a business has always been important.

Hence, location plays a huge role in attracting and retaining the best customers.

To learn more about retailers here:

brainly.com/question/28066195

#SPJ4

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