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Tag Archives: entrepreneur
Some Shoppers Still Like Small Retailers — A Lot!
Although this is the era of huge retailers, many shoppers still like patronizing small companies — even though large firms account for most retail sales revenues. As reported by eMarketer: “U.S. consumers are choosing small businesses because of the personalized … Continue reading
Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning
Tagged customer expectations, customer loyalty, customer service, entrepreneur, experiential retailing, location, segmentation, shopping, small retailer, trust
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Is the 90 Percent Franchisee Success Rate Right?
One of the long-time statistics circulating in retailing is that 90 percent of franchisees succeed — a rate far higher than that of independent startups and other retailers. But is this figure correct or is it really the stuff of … Continue reading
