LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
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B.Com. DEGREE EXAMINATION – COMMERCE
SIXTH SEMESTER – April 2009
CO 6603 – RETAIL MARKETING
Date & Time: 25/04/2009 / 9:00 – 12:00 Dept. No. Max. : 100 Marks
SECTION – A
Answer ALL the questions. (10×2=20)
- What is ‘retail business’?
- Give the meaning of merchandise management.
- Mention any two benefits of online retailing.
- Who form the ‘reference group’?
- What is an ‘impulse purchase’?
- State any four popular retail business outlets in Chennai.
- What is a ‘Merchandise Kiosk’?
- State the meaning of a ‘service gap’.
- Who is a mystery shopper?
- Distinguish between brand loyalty and story loyalty.
SECTION – B
Answer any FIVE questions. (5×8=40)
- Explain the various types of retailers.
- What are the factors essential for building store loyalty among customers?
- Discuss the different stages in buying decision process.
- Discuss the uses of technology in the growth of retailing.
- Enumerate the factors that influence retailer’s choice of location.
- How can visual merchandising be used to influence customer behaviour?
- Explain the factors that affect retail pricing.
- Write a note on GAPS model.
SECTION – C
Answer any TWO questions. (2×20=40)
- What are the challenges faced by retailers in India? Suggest measures to overcome them.
- How do customers assess the quality of service in a retail organization? Highlight the characteristics of retail organizations offering good service quality.
- Explain in detail the pricing strategies available for a retailer.