Technology's Impact on Retail Merchandising

What is one benefit of using technology in retail merchandising?

• Increased manual labor

• Enhanced inventory management

• Higher operational costs

• Reduced customer satisfaction

How do digital pricing systems benefit retailers?

• By making price changes more time-consuming

• By reducing pricing errors

• By increasing the need for physical price tags

• By complicating the pricing process

Which of the following is a disadvantage of electronic payment systems for retail establishments?

• Increased transaction speed

• Higher risk of data breaches

• Reduced need for cash handling

• Enhanced customer convenience

How can technological changes impact a retailer's perceived image?

• By making the brand appear outdated

• By enhancing the brand's modernity

• By reducing customer engagement

• By increasing operational costs

What is a characteristic of digital retail technology like loyalty cards?

• They decrease customer retention

• They provide personalized shopping experiences

• They increase the complexity of transactions

• They reduce the need for customer data

What is an advantage of "brick and mortar" businesses compared to online businesses?

• Lower overhead costs

• Immediate product availability

• Wider customer reach

• Reduced need for physical space

Which of the following is a disadvantage of online businesses compared to "brick and mortar" stores?

• Limited product selection

• Higher shipping costs

• Reduced customer interaction

• Increased need for physical inventory

How do rewards programs benefit retailers?

• By decreasing customer loyalty

• By increasing customer retention

• By complicating the sales process

• By reducing the need for promotions

What is a potential disadvantage of digital inventory systems?

• Increased accuracy in stock levels

• Higher initial setup costs

• Reduced need for manual stock checks

• Enhanced real-time tracking

How can electronic payment systems enhance customer experience?

• By increasing transaction time

• By providing multiple payment options

• By complicating the checkout process

• By reducing payment security