Knowledge (XXG)

Merchandising

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818:, merchandising is the practice of making products in retail outlets available to consumers, primarily by stocking shelves and displays. While this used to be done exclusively by the stores' employees, many retailers have found substantial savings in requiring it to be done by the manufacturer, vendor, or wholesaler that provides the products to the retail store. In the United Kingdom, there are a number of organizations that supply merchandising services to support retail outlets with general stock replenishment and merchandising support in new stores. By doing this, retail stores have been able to substantially reduce the number of employees needed to run the store. 728:. The concept theorizes that even without the acknowledgement of the brand being promoted on the merchandise, the individual utilizing it is affected in their future actions as a consumer. Furthermore, a 2019 study found that the tactile usage of the products produced a greater response in consumers than a solely visual interaction with a product such as posters. This study concluded that considering allotting a greater sum of money to smaller pieces of merchandising that promote a brand would benefit newer companies that have yet to become quickly recognizable. 336: 553: 822:
manufacturer's/wholesaler's employee who is a full-time merchandiser. Product categories where this is common are Beverage (all types, alcoholic and non-alcoholic), packaged baked goods (bread and pastries), magazines and books, and health and beauty products. For major food manufacturers in the beverage and baked goods industries, their merchandisers are often the single largest employee group within the company. For nationwide branded goods manufacturers such as
803: 483: 1018: 742: 417: 221: 159: 57: 851:. The combination of both options for consumers provides a favorable encounter with retailers that makes them more likely to purchase products and return to the seller again at a future date. However, these strategies can be difficult for sellers to maintain as it can require many more physical and technical resources that may not be currently available to them. 98: 609:) often being marketed as "dads and grads" in June (though most college semesters end in May; the grads portion usually refers to high school graduation, which occurs one to two weeks after Father's Day in many U.S. states). Summer merchandise is next, including patriotic-themed products with the American flag, placed on the market by 653:(and often even more of the Christmas) merchandise is appearing. As the Halloween decorations and costumes dwindle in October, Christmas is already being pushed on consumers, and by the day after Halloween retailers are going full-force with advertising, even though the "official" season does not start until 916:
states, "Beatrix Potter was the first to recognise that content—as we now call the stuff that makes up a book or a film—was only the beginning. In 1903, Peter hopped outside his pages to become a patented soft toy, which gave him the distinction of being not only Mr. McGregor‘s mortal enemy, but also
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The trend of stocking stores with merchandise many weeks prior to the actual event targeted and the period of consumption can be described by the term advance selling. Although it may seem disadvantageous for sellers, advance selling can have the opposite effect. For example, this practice works to
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Merchandising helps to understand the ordinary dating notation for the terms of payment of an invoice. Codified discounting solves pricing problems including markups and markdowns. It helps to find the net price of an item after single or multiple trade discounts and can calculate a single discount
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While stocking shelves and building displays is often done when the product is delivered, it is increasingly a separate activity from delivering the product. In grocery stores, for example, almost all products delivered directly to the store from a manufacturer or wholesaler will be stocked by the
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in which potential sizing issues can be a large factor in a customer refraining from purchasing an item online. Moreover, accurately portraying the texture and quality of a product in all areas of retail, not limited to fashion, remains a challenge in the field of online merchandising as the lack
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As promotional merchandise acquires a larger portion of companies' annual budgets, its appearance in the hands of unintended recipients increases. However, this has been found to generate a positive outcome for companies without any additional effort after producing the merchandise because of the
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thereof has been proven to result in more indecision for consumers. Because of this, many companies look for ways to improve their online shopping options to make browsing merchandise as similar to an in-store experience as possible while keeping up with the growing online market.
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Merchandising, especially in connection with child-oriented films, TV shows and literature, often consists of toys made in the likeness of the show or book's characters (action figures) or items which they use. This was first seen with the Peter Rabbit soft toy in 1903, with the
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Sometimes merchandising from a television show can grow far beyond the original show, even lasting decades after the show has largely disappeared from popularity. In other cases, large amounts of merchandise can be generated from a pitifully small amount of source material
393:, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time. Often in a retail setting, creatively tying in related products or accessories is a great way to entice consumers to purchase more. 881:
brand names, logos, or character images are licensed to manufacturers of products such as toys or clothing, which then make items in or emblazoned with the image of the license, hoping they'll sell better than the same item with no such image. For the owners of the IP
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which bring products from the possession of the producer into the possession of the consumer. In recent decades, these methods utilized by companies to provide merchandise have expanded from in-person only, to online-only for some stores during the
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A challenge that online retailers face in comparison to the traditional in-store shopping experience is the sensory exploration that isn't available to consumers through a screen. An area this is especially prevalent in is clothing or fashion
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The annual cycle of merchandising differs between countries and even within them, particularly relating to cultural customs like holidays, and seasonal issues like climate and local sporting and recreation. Events such as
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A smaller niche in merchandising is the marketing of more adult-oriented products in connection with similarly adult-oriented films and TV shows. This is common especially with the
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is the major holiday, while springtime clothing and garden-related merchandise is already arriving at stores, often as early as mid-winter (toward the beginning of this section,
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of non-media products can achieve enough recognition and respect that simply putting its name or images on a completely unrelated item can sell that item. An example is
366:. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products. 1438: 1043:("idols"). Consumption of idol goods is a significant part of the idol fandom. Such goods create and reinforce a more physical connection between fans and celebrities. 637:
celebration is held around this time.) The back-to-school market is promoted heavily in August, when there are no holidays to promote. By September, particularly after
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McVeigh, Brian J. (2006). "Reviewed Work: Islands of Eight Million Smiles: Idol Performance and Symbolic Production in Contemporary Japan by Hiroshi Aoyagi".
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McVeigh, Brian J. (2006). "Reviewed work: Islands of Eight Million Smiles: Idol Performance and Symbolic Production in Contemporary Japan, Hiroshi Aoyagi".
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can be considered an idol good themselves as they can be bought and sold. An idol can have a tremendous effect on sales of merchandise, an example being
998:). An early example of this phenomenon was the cartoon character Little Lulu, who became licensed to products for adults, such as Kleenex facial tissue. 1358:"Seeing It Is Like Touching It: Unraveling the Effective Product Presentations on Online Apparel Purchase Decisions and Brain Activity (An fMRI Study)" 1131: 397:
rate that is equivalent to a series of multiple discounts. Further, it helps to calculate the amount of cash discount for which a payment qualifies.
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upon his arrival at Real Madrid in 2003, with an Adidas spokesman stating, "Put Beckham's name on any product and Real Madrid didn't stop selling".
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were pioneers in conventional retailing in music, setting up their own retail store in London, Apple Boutique, that sold Beatles merchandise.
1563: 1536: 1463: 877:, one of the definitions of merchandising is the practice in which the brand or image from one product or service is used to sell another. 343:
is a classical merchandising article employed by a broad range of entities from very small businesses up to multinational companies like
1679: 1493: 1187: 955:." However, sometimes it can be the other way around, with the show written to include the toys, as advertising for the merchandise. 1723: 789: 527: 464: 322: 304: 202: 140: 84: 169: 614: 1410: 1430: 767: 763: 442: 438: 242: 238: 122: 70: 285: 1759: 257: 1649: 657: 542: 335: 113: 848: 752: 509: 427: 264: 184: 1258: 622: 771: 756: 446: 431: 231: 180: 676:
counteract a lack of abundant capacity in stores during prime seasons and a lack of value in premature products.
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As just one example, in the United States the basic retail cycle begins in early January with merchandise for
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Jai, Tun-Min (Catherine); Fang, Dan; Bao, Forrest S.; James, Russell N.; Chen, Tianwen; Cai, Weidong (2021).
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magazine stating Beatrix Potter "created a system that continues to benefit all licensed characters, from
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Schrotenboer, Dana; Constantinides, Efthymios; Herrando, Carolina; de Vries, Sjoerd (2022-03-24).
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might instead carry beach clothing and barbecue grills all year. Coastal-area stores might carry
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merchandise, including green items and products pertaining to Irish culture, is also promoted).
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Islands of eight million smiles: idol performance and symbolic production in contemporary Japan
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Patrick W. Galbraith (31 August 2012). Patrick W. Galbraith; Jason G. Karlin (eds.).
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are incorporated in an annual cycle of shop decorations and merchandise promotion.
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Solem, Birgit Andrine Apenes; Fredriksen, Jan Ivar; Sørebø, Øystein (2023-01-02).
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in London, making Peter the oldest licensed fictional character. Erica Wagner of
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Daniel Black (31 August 2012). Patrick W. Galbraith; Jason G. Karlin (eds.).
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is on the shelves and autumn merchandise is already arriving, and at some
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Merchandising for children is most prominently seen in connection with
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begin even before Christmas at many retailers, though others begin on
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The most common adult-oriented merchandising is that related to
926: 37:"Merchandise" redirects here. For the more general concept, see 1321:
Journal of Theoretical and Applied Electronic Commerce Research
1317:"The Effects of Omni-Channel Retailing on Promotional Strategy" 735: 476: 410: 344: 214: 152: 91: 50: 1263:
International Journal of Retail & Distribution Management
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commerce, visual display merchandising means merchandise
1650:"Beckham-mania in China on Real Madrid's 2003 Asia tour" 501: 176: 1208:
Kamleitner, Bernadette; Marckhgott, Eva (2021-10-03).
1464:"How Beatrix Potter Invented Character Merchandising" 44:"Merch" redirects here. For the US Army officer, see 1103:
Pages displaying wikidata descriptions as a fallback
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of school supplies is marked-down some as well, and
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Unsourced material may be challenged and 85:Learn how and when to remove these messages 1740:Procter&Gamble merchandising standards 1373: 1332: 1225: 1132:List of highest-grossing media franchises 790:Learn how and when to remove this message 528:Learn how and when to remove this message 465:Learn how and when to remove this message 323:Learn how and when to remove this message 305:Learn how and when to remove this message 203:Learn how and when to remove this message 141:Learn how and when to remove this message 1494:""Marge and Lulu: The Art of the Deal," 917:becoming the first licensed character". 1425: 1423: 1152:"Advance Selling in Marketing Channels" 1142: 30:For the play by David Henry Hwang, see 1765:Promotion and marketing communications 1690:from the original on 28 September 2021 1046:Examples of common idol goods include 672:but sometimes as far out as February. 7: 1214:International Journal of Advertising 768:adding citations to reliable sources 715:gear if there are ski areas nearby. 443:adding citations to reliable sources 243:adding citations to reliable sources 1660:from the original on 3 October 2021 1558:. Palgrave Macmillan. p. 197. 1531:. Palgrave Macmillan. p. 216. 1474:from the original on 6 October 2022 1441:from the original on 6 October 2022 577:, which is not until mid-February. 1718:. Harvard University Asia Center. 560:department store in London with a 25: 937:shows oriented towards children. 889:In 1903, a year after publishing 679:Merchandising also varies within 641:, summer merchandise is on final 347:, and is also frequently used by 66:This article has multiple issues. 1362:Journal of Interactive Marketing 740: 481: 415: 219: 157: 96: 55: 1770:Retail processes and techniques 1608:The Journal of Japanese Studies 1390:from the original on 2023-03-28 1297:from the original on 2023-03-28 1190:from the original on 2023-03-28 1116: – Small mechanical device 668:and continue on at least until 230:needs additional citations for 74:or discuss these issues on the 1150:Li, Krista J.; Li, Xi (2022). 838:This concept can be linked to 683:, where stores in places like 1: 1227:10.1080/02650487.2020.1855823 1156:Journal of Marketing Research 1375:10.1016/j.intmar.2020.04.005 1581:Journal of Japanese Studies 975:teams (and their players). 703:equipment, while ones near 504:, discuss the issue on the 183:the claims made and adding 116:. The specific problem is: 1786: 1275:10.1108/IJRDM-12-2021-0599 906:and registered him at the 404: 112:to meet Knowledge (XXG)'s 43: 36: 29: 27:Promotion of product sales 1168:10.1177/00222437221112644 401:Promotional merchandising 892:The Tale of Peter Rabbit 556:Christmas shopwindow at 1712:Hiroshi Aoyagi (2005). 1122: – Work of fiction 1093:Promotional merchandise 666:the day after Christmas 601:gifts (typically small 407:Promotional merchandise 1029: 811: 621:in between). 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