Archive for category retail shop sale
Retailers Improving Sales With Sunglass Accessories
Posted by admin in retail shop sale on March 10th, 2010
improving sales with sunglass accessories
With the economic times being so strange retailers need to do everything they can to improve sales. Some sunglass retailers are increasing the amount of sunglass accessories they carry. It makes sense if you have a larger selection of sunglasses or larger selection of sunglass accessories the better you will do. Replica sunglasses seem to be really picking up due to the fact that many people can not afford high priced designer sunglasses. There are many things a retailer can do to improve their sales. For example, having the best looking display possible, carrying a larger sunglass selection or even having a wider range of sunglass accessories.
Some of the most popular sunglass accessories that retailers are having success with are the microfiber bags. If you have certain brands of sunglasses many manufactures are carrying micro fiber bags to match. Other popular accessories are cleaning clothes, sunglass straps, or also known as sunglass cords. Don’t forget the sunglass hard cases this makes a perfect add on item when someone buys a pair of shades. One of my favorite items to have in my car is the sunglass visor clips. I make sure I have a pair of sunglasses for each car and always put them on my visor clip when I am done wearing them. These seem to be some of the most popular sunglass accessories we have seen.
Many sunglasses retailers limit themselves to selling just sunglasses. By doing this they are really limiting themselves. Wholesale sunglass accessories are great additions to any retail sunglass shop. Wholesale sunglass accessories adding money to regular sunglass sales.
There are many types of wholesale sunglass accessories available. Some of the most popular sunglass accessories are sunglass cases. Sunglass cases come in many different shapes and sizes. There are soft cases for sportier style sunglasses and larger hard cases for fashion style sunglasses. Many wholesale sunglass cases come with micro fiber cleaning clothes as well.
Another very popular type of sunglass accessories are micro fiber bags and cleaning clothes. These two items are great items for cleaning the sunglass lenses without scratching them. These items are also very inexpensive items making them great for giveaway items. Giveaways are great for retailers that have competition. By offering your customers a free item like a free micro fiber bag with every pair of sunglasses purchased, this will give them an incentive to buy from you rather than your competition.
There are other types of wholesale sunglass accessories as well. Visor clips are another great item to add to your inventory. These clips attach to your cars sun visor and when you are not wearing the sunglasses you can clip them in the visor clip for a great storage place. This will keep the sunglasses from getting scratched or broken and also keep them handy when you need them. Another storage idea is the sunglass cords and straps. These items are great for sports enthusiast’s. Sunglass cords and straps attach to the arms of the sunglasses and then hang around you neck to keep them handy when you need them and keep them from falling on the ground when you are running that Home Run! So try adding some wholesale sunglass accessories to your retail shop today. Sunglass accessories are usually fairly inexpensive and are great markup items.
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Wholesale Jewelry Shopping
Posted by admin in retail shop sale on March 9th, 2010
Wholesale jewelry shopping is like jewelry shopping only without the high cost of the mall or catalogs. When purchasing jewelry through a wholesale dealership you are purchasing good-quality jewelry only you purchasing at a wholesale price. There’s no need to purchase in large quantities just to get a wholesale price at many of the wholesale dealerships.
If you do have an occasion to purchase several pieces of jewelry such as wedding party gifts for the bridesmaids than going to a wholesale dealer makes perfect sense because you will get a discount buying in bulk. Buying each of your bridesmaids matching necklaces and/or earrings for the big day and then allowing them to keep them as the gift is a nice gesture.
You can find deep discounts with wholesale jewelry shopping when you look online or go through a catalog of wholesale jewelry. The wholesale jewelers buy directly from the jewelry makers and pass the savings on to you so they are high quality, fine jewelry that you would enjoy receiving and would not mind giving to that certain someone.
Wholesale jewelry includes earrings, necklaces, bracelets, charms, brooches and pin and beautiful hair ornaments. Wholesale jewelry also includes sterling silver and turquoise jewelry and men’s jewelry. Wholesale jewelry can be made of the finest diamonds, rubies, emeralds, sapphires, amethysts and many others stone’s and pearls. Also wholesale jewelry can be made from the finest silver and gold all at reasonable prices and you don’t have to purchase several of one item or even several of many different items to get the wholesale price when dealing with the wholesale jeweler.
Wholesale jewelers will also sell to retails shops so that they can make their money selling to regular customers. The whole idea behind wholesale jewelers is so that small jewelry shop business owners have a place to purchase their items and then they can resell them in their retail shop and make a profit. That is how most wholesale dealerships work when they are not selling directly to the customer.
Wholesale jewelers can also sell the diamonds or rubies or emeralds or pearls or any of the stones without them being placed in the setting at a wholesale cost and then you can take the stones to your own jeweler and have them placed in a setting for more reasonably priced wedding set or any type of jewelry setting.
Wholesale jewelers deal in all types of jewelry, jewelry for men, jewelry for children, jewelry for teens and jewelry for women. Depending on what you’re looking for the Internet has wholesale jewelers for every type of jewelry from charm bracelets and men’s watches to babies rings to diamond studded cufflinks and pierced earrings with large loops of gold. No matter what type of jewelry you’re looking for, you can find a wholesale jeweler in catalogs and on the Internet and you can be assured that it’s the price will be reasonable and the quality will be good.
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How to Run a Retail Store
Posted by admin in retail shop sale on March 9th, 2010
Retail businesses sell all types of merchandise and are not limited to what is sold in a five and dime or a dollar store. The items sold could be clothes to skateboards to motorcycles. Any store at a fixed location that sells similar items each day could be considered a retail store. There are several facets to a successful retail operation.
Location
Location is the critical element for almost all retail outlets. A store needs traffic passing by it every day. In a shopping center with other good retail outlets, there is a synergistic effect between them that helps each capture customers. Most centers are anchored by a prominent store, which gets a lot of traffic. This is of prime importance when looking at locations. A new store needs traffic to get off the ground and develop a following.
Merchandise
The next two important factors are the merchandise and the staff that waits on the customers. Both are critical to success of the store after the traffic situation is resolved. Attractive merchandise is needed or little or no sales will be made. If you get the people in the store, you need merchandise that gets attention and will be attractive enough that people want to purchase the items. The store will also need to constantly have new items for sale or the customers will begin to think that there is never anything new to look at or buy. Marketing and merchandising of products is an ongoing challenge to the retail merchant. How they do this and how often depend on what the general store image is to the public. Special times of the year will dictate some of the merchandise on display and offered for sale.
Employee impact
Customers desire well-trained and helpful employees. They want to deal with store employees that know where items are in the store and can answer other questions. A store employee should know the main items the store sells and should be continually brought up to date on new merchandise or specials the store is currently marketing. If you run weekly specials the store people should be versed on the special and it’s pricing. Customers should not have to remind people waiting on them that the merchandise has a special price this week. When a customer has to do that every time they shop at your store, they will begin to believe it is on purpose and not an accident.
Employees that are idle should not keep a customer waiting when they are ready to be helped. There is nothing more irritating to a customer than being ignored by the store help. A store owner would be wise to get a report by a secret shopper of their experience with the store. Being aware of what is happening in the store is part of good management. Never assume all is well as many owners are the last to know what is really going on between the customer and the store employee. Customers will complain by not coming back and you will never know they feel mistreated. Not being helped by a knowledgeable employee is a common complaint by store customers.
Displaying merchandise
The art of displaying merchandise in an attractive manner is an entire course in retail store management. If items are not seen or displayed properly, you will not sell many of them. Merchandise needs to look fresh and crisp at all times. Shop-warn items should not be displayed except in a bargain section. Impulse items should be on display near the cash out area. Items should be displayed in the appropriate sections. Similar items should be collected in the same area of the store.
Attractive displays also may need special devices so the items can be shown to advantage. Stacking or hiding items is not a good way to get the customer’s attention. When thinking of a display try to get into the customer’s mind and imagine what they will see with the display. If it does not draw attention, it is probably not doing the job. Eye level or slightly lower is the optimum position to show specials. Signs and placards are another way to grab the customer’s eye.
Newspaper ads, TV and radio will help to get them in the store, but the displays are what sells the merchandise. It is a terrible waste of money to get customers to come to your store, only to walk out when they cannot find what they came in to see. Putting the customer first in your ideas will help you make the correct display decisions.
Ordering
Ordering in a timely manner needs to be automated some how. Inventory levels need to be monitored and kept at the right level at all times. Being out of sought after items just sends the customer to another store. The store owner and the store manager should be aware of inventory all the time. This is a prime area of responsibility in running the store correctly.
Other business concerns
A retail business has to operate like any other business as far as sales tax, payroll taxes and quarterly reports to meet state and federal requirements. This part of the business is like many other businesses and is just part of owning a business. Time must be scheduled for these activities or hire it out to an expert on a part time basis. For some owners this is the best way to handle this needed function. There are dates that must be met and these reports must be filed on time. Hiring this out may solve this problem with expert help.
Advertising is another area that needs to be considered in the retail business. What is done in this area is related to the items sold. How often it is needed and the type will depend on the business. This can also be contracted out, but it must be kept under control, as it is easy to buy more than is useful. An experienced ad agency may be needed for a while until the business can become stable. This is a learning situation and what works must be found.
Conclusions
Location, location, and location is the critical factor in every retail business. Walk by traffic or car traffic is needed to be successful in the retail business. Once this factor is covered, the merchandising and employee management can be put in place. If people do not come in the store, then it will not matter what you do as far as employees or merchandise is concerned.
Excellent customer treatment is the result of well-trained employees and does not happen automatically. This has to be part of the planning by the management. Trained employees help to bring back customers and make them the best customers of all. A repeat customer is worth a great deal of money over time. Also repeat customers will refer other people to your store. This is word of mouth advertising that all business want, but have to earn the hard way.
Displays need to be eye catching and help to sell the product. Posters and placards can be used to direct attention. Once the customer is through the door, you have a chance to make a sale. A successful retail store puts all of these factors together.
Rent Back Fast
Online Retailers: How To Reap The Rewards By Offering Discounts To Online Shoppers
Posted by admin in retail shop sale on March 8th, 2010
Shopping online is a rewarding way for consumers to find products with the best discounts. But with such extensive competition, and the ease of switching from one online retailer to another, how can website owners keep shoppers with notoriously short attention spans on their site?
Once a website has generated traffic, engaging and keeping the customer is the biggest challenge. Shoppers may get distracted by the temptation of discounts and rewards at other online stores. Alternatively, they may start to shop but then abandon their shopping cart before checking out.
To reap the rewards of online selling, retailers need to engage with these potential customers. This is more straight-forward in the physical world - a shopper enters a store and can be greeted directly by the shopkeeper. Having found out what the customer is interested in, the most appropriate discounts or rewards can then be offered. Most shoppers, having entered the store, will at least look around for things they may want to buy and give the shopkeeper the opportunity to make contact. Online it is all too simple for the shopper to navigate away from the site at the click of a button, tempted by the discounts available elsewhere.
To keep customers engaged and focussed on their products retailers need well constructed sites that are simple to get around. Sites should be quick to download; too many pictures or moving images that look good but take many minutes to appear will only frustrate the shopper. A frustrated online shopper will be very quick to leave if they do not find what they are looking for or are uninspired by the choice. Online shoppers are also very price sensitive so good discounts for shoppers are an ideal way to remain competitive.
Rewards are also important in keeping a shopper engaged. If a site offers a rewards programme it should feature prominently and be easy to access without the need for extensive logins.
Rewards build loyalty with shoppers, making a site ‘sticky’, encouraging the shopper to return and make repeat purchases. It also differentiates a site from others enabling it to stand out as offering that little bit extra for the shopper – particularly useful in competitive or saturated markets and also in recessionary times. If shoppers know they will get a discount or other benefit it’s more likely they’ll stay loyal to the retailer.
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5 Tips Specialty Retailers Should Use When Choosing Products
Posted by admin in retail shop sale on March 6th, 2010
Small retail business owners cope with an ongoing challenge: to select the right mix of products to sell to their customers. The task seems deceptively simple. In truth, the wrong choices can slash margins, reduce profitability, and saddle owners with inventory that sits on their showroom floors. Confusing matters further, there’s no shortage of items from which to choose. Depending upon the nature of your retail business, there may be tens of thousands of products to offer your customers.
Below, we’ll explore 5 important factors specialty retailers must consider when selecting items for their store’s inventory. If you use the following tips, you’ll be able to compete more effectively with the mass merchandisers and large discounters.
#1 - Identify Salability
The key to identifying an item’s marketability is understanding your customer base. Avoid falling into the trap of trying to determine what is best for them. Besides basic necessities (for example, food), most people purchase things based upon their desires, not their needs. A product’s salability depends upon the level of desire your market has for it.
That’s not to suggest that every item you stock must be desirable to your entire customer base. But, it must appeal to enough of them to justify its presence in your inventory.
#2 - Watch Your Margins
Specialty retailers often carry items which offer profit margins that are miniscule. The problem is that those margins can initially seem generous, but they can disappear due to a number of associated expenses. For example, your store may carry an item that has a direct cost of $5. You offer it to your customers at $10 and it sells quickly. Your margin seems to be 100%. However, overhead and other indirect expenses may contribute another $4 to your direct cost, decimating your margin.
#3 - Consider Popularity
Choosing items that are popular can be tricky. You need to have a firm grasp of a product’s life cycle and be able to buy them at the beginning of that cycle. If you stock your inventory with hot items that are already mature, or in an advanced stage of their cycle, you’ll run the risk of battling the big-box merchandisers. And that’s a losing proposition for small retailers.
#4 - Offer Private Label Items
Private label products have enjoyed a surge of popularity over the past decade. Once considered to be cheap knockoffs of well-known brands, consumers are now drawn to them due to their high-quality and lower prices. By private labeling items for your retail shop, you can differentiate your business from the large discounters while enjoying healthier margins.
#5 - Tighten Your Focus
Maintaining a narrow selection of products allows you to focus your marketing and promotional efforts. You can leverage your advertising dollars by honing your message to a tighter audience. What’s more, your sales staff can offer a higher level of service and advice to customers, further differentiating your retail store from the faceless mass merchandisers. As your business grows, diversify; but, do so carefully in order to maintain your focus.
Competing On Your Own Terms
Successful specialty retailing involves rigid control of the products you choose to offer your customers. Not only does this area provide the opportunity to maneuver around the chain discounters, but it can improve customer loyalty and increase your margins at the same time. Know your customers, watch your margins, and keep your eyes open for popular products that are at the start of their life cycle. Consider private labeling items and take care not to lose your focus through rapid diversification. By following these tips, you can control your inventory and compete with the big-box stores on your own terms.
Sell and Rent Back
Liz Claiborne - Best Selling Perfumes
Posted by admin in retail shop sale on March 5th, 2010
When it comes to perfumes, fragrance companies currently know that the name matters. In fact, the world’s current best selling perfumes are those that take namesakes from famous icons and celebrities like rapper Sean Combs, actress Jessica Parker and performer Beyonce Knowles. That is the reason why many fashion houses with designer perfumes, like Elizabeth Arden and Estee Lauder, opt to name their top new scents after willing endorsers and celebrities. Not fully jumping into the bandwagon is Liz Claiborne perfumes.
Liz Claiborne perfumes are considered one of the most popular fragrance makers on the globe. As of the latest sales figures, the company’s signature line called Curve for Men is among the top annually grossing perfume brands in the world. The feat is outstanding because notably, Liz Claiborne does not have to name its perfumes after popular celebrities just to sell.
Liz Claiborne perfumes are among the pride of fashion house Liz Claiborne Inc, which is one of the companies listed at the latest Fortune 500. A New York fashion designer named Liz Claiborne, of course, as you guessed it, founded the company. Since its establishment in 1976, Liz Claiborne Inc has been able to make its own niche in the ever growing and more meticulous global fashion market.
The fashion company was able to put up and launch up to 40 popular flagship brands including Mexx, Lucky Brand Jeans and Juicy Couture. Since 1976, Liz Claiborne has been noted as one of America’s fastest growing firms as its annual revenue of $2 million in its initial year robustly grew to reach $23 million in just two years. Consequently, the company was able to list its shares in New York in 1981. Liz Claiborne first made it into the Fortune 500 list in 1986, exactly a decade since its foundation.
Within those glorious years, Liz Claiborne successfully formulated, created and launched its own lines of perfumes. Liz Claiborne perfumes are among the most sought after in the contemporary times. The company is confident of its strong branding and its flock of loyal patrons and consumers would help propel the sales and popularity of its fragrances, given the usual perceptive and hype-driven marketing schemes for scents.
Liz Claiborne fragrances are able to make their own niche despite the intense competition. During these times when the global fragrance sector is experiencing a slump, it is worthwhile to note that Liz Claiborne fragrances are still capable of pinching in significant sales and revenues from all around the world. The strong performance of the company’s fragrances is living proof that indeed, brand matters most. Consumers would always associate Liz Claiborne perfumes of course with the Liz Claiborne Inc, the fashion house.
The next time you drop by the retailer shop to buy fragrances; do not forget to check out the designer scents from Liz Claiborne perfumes. Are you not intrigued why there are so many consumers who are sticking to the perfume brand? Liz Claiborne asserts that other than association with the strongly performing fashion house, Liz Claiborne fragrances can stand on its own with their exquisite and characteristic scents.
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Consumer Behaviour of Shopping Center Choice
Posted by admin in retail shop sale on March 3rd, 2010
INTRODUCTION
Structural Equation Modelling (SEM) is a comprehensive statistical method used in testing hypotheses about causal relationships among observed and unobserved (latent) variables and has proved useful in solving the problems in formulating theoretical constructions (Reisinger,1999). Its function have found to be better than other multivariate statistics techniques which including multiple regression, path analysis and factor analysis. Other statistics techniques could not take into consideration due to the interaction effects among depend and independent variables. Therefore, a method that can examine a series of dependence relationships simultaneously helps to address complicated managerial and behavioural issues. SEM also can expand the explanatory ability and statistical efficiency for model testing with a single comprehensive method (Pang, 1996).
Steenkamp and Baumgartner (2000) reflect on the role SEM in marketing modelling and managerial decision making. They discuss some benefits of it. They said that although SEM has potential for decision support modelling, it is probably most useful for theory testing, which is a key phase in developing marketing models [For SEM and LISREL see; Byrne (1998), Cheng (2001), Cudeck et al. (200), Hayduk (1987), Joreskog and Sorbom (2001)].
Applied to data on attitudes, perceptions, stated behavioural intentions, and actual behaviour, SEM can be used to specify and test alternative causal hypotheses. It has been found that, as might be expected, causality is often mutual. The assumption that behaviour is influenced by attitudes, perceptions, and behavioural intentions without feedbacks does not hold up when tested using SEM. These results challenge the assumption, held by some, that stated preference choices can be directly scaled into revealed-preference choice models. It was used path analysis to demonstrate empirical evidence that the causal link from choice behaviour to attitudes is stronger than the link from attitudes to choice behaviour. Subsequent studies using different forms of simultaneous equation modelling showed consistently that attitudes, especially perceptions, are conditioned by choices, while at the same time, attitudes affect choices (Golob, 2001b) . Gärling et al. (2001) explores decision making involving driving choices by using a SEM with latent variables to test links among attitude towards driving, frequency of choice of driving, and revealed presence of a certain type of decision process known as script-based. Golob (2001a) tested a series of joint models of attitude and behaviour to explain how both mode choice and attitudes. Applying Weighted Least Squares (WLS) estimation to a data set from San Diego California, the author demonstrates that choices appear to influence some opinions and perceptions, but other opinions and perceptions are independent of behaviour and dependent only upon exogenous personal and household variables. None of the models tested found any significant effects of attitudes on choice.
Most papers written have focused on the variables explaining the attraction of shopping center choice [ For exammple;Suarez et al.( 2004), Degeratu et al. (2000),Severin et al. (2001) ]. They have always used logit models and random effect model. Degeratu et al. (2000) focus specifically on assessing whether brand names and price have impact on choices online and traditional supermarkets. Severin et al. (2000) investigated use of relatively recent developments in random utility theory to assess the stability over time and space of the preferences underlying retail-shopping choice. They found that good quality, wide selection, good service, nice atmosphere and convenient location were significant choice of retail shopping center model. They noted that high and low prices and latest fashion were not consistently significant in the separate years models. They also showed that convenient location had the largest impact on the shopping center choices.
METHOD
The study has been designed to research factors which consumers consider while choosing shopping centers and to develop a suggestion model for shopping center choice. Beside demographic questions, effective factors determining peoples’ shopping center choice were asked and for 17 items, answers were taken with composed of five Likert-scale (5=very important and very unimportant ). These items are given in Table 1.
Reliability coefficient of questionnaire was calculated as Cronbach =0.79. When the items reduced alpha value were deleted reliability coefficient increased to 0.81. In this study, latent structure is composed of choosing shopping center (E) and explanatory structures are composed of features of materials sold (A), Attitude and behaviour of staff (B), Geographic location of shopping center (C), Easement of Price (D), Regularity at the shopping center (F). The structure, composed of relationship of assumed 5 independent latent variables (A,B,C,D and F) to one dependent latent variable (E) constitute the model to be tested. Hypothesis developed to test the relationship among the latent constructs are given below:
H1 ; There is a significant relationship between choosing shopping center and features of materials sold at the center.
H2 ; There is a significant relationship between choosing shopping center and attitude and behaviour of staff,
H3 ; There is a significant relationship between choosing shopping center and geographic location of the center.
H4 ; There is a significant relationship between choosing shopping center and easement of Price.
H5 ; There is a significant relationship between choosing shopping center and regularity at the shopping center.
FINDINGS AND DISCUSSION
In this study, four models related to latent variables assumed affected to a choose shopping center have been tested by using LISREL computer program with SEM. At first, Model M1, in which all independent variables took place, has been analysed. Analysis results are given in Table 1. When the Table 1 analysis results for M1 are investigated, it is seen that A,B,D and F latent variables are not significant, goodness of fit index are close to acceptable limits and explanatory ability is 52%. Path diagram for M1 is given in Figure 1. Finally, when the M2 results, found by subtracting B, D an F from model, are observed it is seen that A and C parameter estimates are significant and fitness criteria are in the acceptable limits. R2 values of analysed models are calculated as 0.52 and 0.77 respectively. When the best proper model, M2, is observed, 77 % of the dependent latent variable that is choosing shopping center is explained with A and C independent latent constructs. H2, H4 and H5 assumptions for M2 have not been approved. Path diagram for M2 is given in Figure 2, parameter estimates of the model and t values are given in Table 2. Parameter estimates for A-E and C-E relationships in Table 2 and Fig.2 are 0.67 and 0.50, respectively. These coefficients are positive and statistically significant. Analysed models results show that closeness to the address, discount card application, market image and easement of access to the shopping center, respectively form the priority in preference of consumer choice of shopping center. Besides, advertisement of the shopping center and neighbor advice take important role in choice. Findings revealed that behaviour of sales staff at the shopping center and discount cards increase preferability; on the other hand, easement of access and closeness to their addresses take priority in choosing shopping center relative to easement of price.
CONCLUSION
In conclusion, dependent latent variable that is choice of shopping center can be explained with a rate of 77% through independent latent variables i.e. features of materials sold and geographic location of the shopping center. The meaning of unexplained part with 23% is that the consumers choose shopping center considering other factors which are not taken into account in this study. The M2, found the best model in the study, is a suggestion model which depends upon a few amount of data set. It is possible to reach models having high rates by increasing data amount with alternative models.
Table 1- Items related to shopping center choice (Model 1 )
Estimation of parameter t-value
A- Features of materials sold (A)0.341.42
Brand name of materials sold (A1)0.31**3.99
Quality of materials sold (A2)0.46***7.80
Low Prices (A3)0.071.29
Wide selection (A4)0.27**5.09
B- Attitude and behaviour of staff (B)0.010.03
Behaviour of sales staff (B1)0.51***11.3
Geniality of staff (B2)0.53***11.6
C-Geographic location ( C)0.41**3.08
Closeness to the address (C1)0.67***8.64
Easement of access (C2)0.70***9.45
D- Easement of Price (D)0.26*2.06
Payment shape (D1)0.35**5.83
Promotion on selling (D2)0.58**7.30
Discount card (D3)0.69***9.22
F-Regularity (F)-0.06-0.3
Well-organized (F1)0.42***8.45
Moving at the shopping center
without difficulty (F2)0.43***8.36
E-Choosing shopping center (E )
Neighbor advice (E1)0.60
Advertisement (E2)0.59**6.42
Image (E3)0.61**6.55
*p0.05, **p0.01, ***p0.001
Fig.1. Path diagram for M1 Model
Goodness of Fit:NFI: 0.85, NNFI: 0.87, CFI: 0.90, GFI: 0.91, AGFI: 0.87, 2 /df= 2.21
Table 2- Items related to shopping center choice (Model 2)
Estimation of parameter t-value
A- Features of materials sold (A)0.67**4.76
Brand name of materials sold (A1)0.61**5.83
Quality of materials sold (A2)0.25**4.34
Wide selection (A4)0.17*2.79
C-Geographic location ( C)0.50**4.11
Closeness to the address (C1)0.66***7.81
Easement of access (C2)0.71***8.59
E-Choosing shopping center (E)
Neighbor advice (E1)0.53
Advertisement (E2)0.62**6.17
Image (E3)0.64**6.29
*p0.05, **p0.01, ***p0.001
Fig.2. Path diagram for M2 Model
Goodness of Fit:NFI: 0.80, NNFI: 0.79, CFI: 0.87, GFI: 0.94, AGFI: 0.88, 2 /df= 3.42
REFERENCES
Byrne, B.M. (1998). Structural Equation Modeling with LISREL, PRELIS, and SIMPLIS: Basıc concepts, Applications, and Programming, New Jersey : Lawrence Erbaum Associates Publisher.
Cheng, E.W.L. (2001). SEM Being more Effective than Multiple Regression in Parsimonious Model Testing for Management Devolopment Research. Journal of Management Development. 20 (7) , 650-667.
Cudeck, R., Toit, D.S. & Sörbom, D. (2000). Structural Equation Modeling: Present and Future, Scientific Software International Inc.
Degeratu, A.M. , Rangaswamy, A. & Wu, J. (2000). Consumer choice behavior in the online and traditional supermarkets: The effects of brand name, price and other search attributes. Intern. J. of Research in Marketing, 17, 55-78.
Hayduk L.A. (1987). Structural Equation Modeling with LISREL Essential and Advances. The John Hopkins University Press.
Gärling, T., S. Fujii & Boe, O. (2001). Empirical tests of a model of determinants of script-based driving choice. Transportation Research F. 4, 89-102
Golob, T.F., 2001(a). Joint models of attitudes and behavior in evaluation of the San Diego I-15 Congestion Pricing Project. Transportation Research A 35, 495-514.
Golob T.F.,2001(b). Structural Equation Modeling for Travel Behavior Research. UCI-ITS-WP-AS-01-2, Center for Activity Systems Analysis Institute of Transportation Studies University of California, Irvine; Irvine, CA 92697-3600, U.S.A., November 2001, Institute of Transportation Studies University of California.
Joreskog, K. & Sorbom, D. (2001). LISREL 8: User’s Reference Guide, Scientific Software International Inc.
Pang, N.S.K. (1996). School Values and Teachers’ Feelings: a LISREL model. Journal of Educational Administration. 34 (2), 64-83.
Reisinger, Y. & Turner, L. (1999). Structural Equation Modeling with LISREL: Aplication in Tourism., Tourism Management. .20, 71-88.
Suárez, A. , Rodríguez del Bosque, I. , Rodríguez-Poo, J.M. & Moral, I., (2004). Accounting for heterogeneity in shopping centre choice models. Intern. J. of Research in Marketing, 11, 119-129.
Severin V., Louviere, J.J & Finn, A.(2001). The stability of retail shopping choices over time and across countries. Journal of Retailing, 77, 185-202.
Steenkamp, B.E.M. & Baumgartner, H. (2000). On the use of structural equation models for marketing modeling. Intern. J. of Research in Marketing, 17, 195-202.
Repossession
How to Find the Most Convenient Store That Sells Army Navy Surplus
Posted by admin in retail shop sale on March 1st, 2010
Lots of the stuff that is normally used by the military is often sold in public auctions or passed on to special stores that deal in army navy surplus. The items you can get from such companies include clothing, equipment, cars, large vehicles and tools that could prove very useful on a variety of occasions. The great advantage of purchasing all sorts of army naval surplus is that the prices are incredibly low as compared to the regular store ones; so, you get to buy lots of new quality things for half the price.
Little do people know about how extended the army navy surplus market was right after World War II, when lots of the unused clothes and supplies were passed to the population for next to nothing prices. If anyone wants to buy some classical army navy surplus items, they are still available on special Internet sites or in profile retail shops. For instance, a collector could actually get a World War II new American uniform when he or she pleases.
The interest of the government in the matter is to actually recover a part of the initial investment, not the entire sum, and auctions are usually organized in a short period of time to solve the problem of the storing of the army navy surplus. The first to buy such items are small businesses and other entrepreneurs that have the possibility of reselling these goods. Besides a small discount that they usually get, they cannot add too much to the price over the purchase value of the army navy surplus.
Regardless of whether you want to buy clothes, military gear or even a vehicle, you can take part to auctions for the army navy surplus on your own without turning to intermediaries. The only problem here would be to find out in time when exactly such events are organized; as a general rule, there are not more than two army navy surplus auctions held annually, and the authorities in charge for the matter are local government agencies. It is with such institutions that you should get in touch to learn details on a possible schedule of the events.
In case you simply browse the Internet to find the most convenient store that sells army navy surplus, you will notice that most of them are either British or American, since these are the two countries that organize the largest auctions for the extra products left unused. However, some virtual shops also include army navy surplus from other parts of the world, and they are available in catalog presentations for anyone interested to have a look at.
Real Estate Professionals
Price Comparison Shopping - the Smart Way to Shop
Posted by admin in retail shop sale on February 25th, 2010
Like other services, shopping too has evolved a lot over a period of time. Few decades earlier, the only way by which one can shop was to physically go to a market and search for her or his favourite item. This process involved a lot of physical movement on part of shoppers. Moreover, while going to a market place, one often used to get stuck in traffic jams and also had brave heavy rainfall or hot sun at times. Besides this, one also has to move through the narrow lanes of bazaars with both of his hands loaded with purchased items.
Internet connectivity has drastically changed the concept of shopping. It has made the world a truly global village. An individual who has access to internet connectivity can shop from anywhere in the world without leaving the confines of her or his home. All that an individual has to do is to search for online stores and look for the items he is interested to buy. Many of these online stores also feature price compare function on their portals. This function allows one to compare the price of an item at different online stores.
Many people these days prefer to shop online. They avoid going to a shopping mall, and most of their shopping is done over the internet or telephones. Price comparison shopping has opened new venues to shoppers. The online stores sell almost anything and everything that an individual may be looking for. Be it electronic goods, clothings, kitchen appliances or music CDs, these stores are full of various household items. Online shopping also helps one save money in many ways. Since the individual is not physically present at a shopping mall, it also saves him from the habit of impulse buying. Moreover, one can compare the price of the items he is interested in at leisure before placing an order for its purchase.
Moreover, price comparison shopping give one true value for his or her money. The online stores post updated information on their various deals and services on their websites. One can easily scan the site and opt for a deal that he thinks is best for him. The price compare feature of these stores would be of particular benefit to an individual who wants to get best value for his money. Such a person can find many items on these sites that are priced significantly below their average market price.
There are many online shops with price compare feature that specialise in particular types of items like mobile phones, electronic goods and furnishings. Most of these shops sell all types of items of domestic use and also allow their customers to compare the prices of those items. The items sold by these shops are generally priced below their maximum retail price (MRP) in the markets. These shops are able to sell these items at low price as they have tie ups with the manufacturers. Thus they eliminate various dealers in the supply chain that allows them to sell the goods at a lower rate than their MRP.
Price Comparison shopping is good for consumers as it allows them to get almost all items of domestic use at a much lower rate than their market price. The goods sold by the online retailers are guaranteed by their manufactures. Moreover, many of these retailers generally deliver the goods at the consumers address without charging anything extra for the same.
It is always beneficial to purchase goods after comparing their prices. Most of the online retailers display information related to their latest offers on their portals. They also feature products according to their categories like domestic appliances, music CDs and cameras etc. The user can always find his favourite brand of item on the retailers portals by narrowing his search in a particular category. One can also read the reviews of other users at the portals of many such retailers to get an authentic feedback about the performance of products. Online shopping is good for users as it gives them multiple benefits. This shopping is particularly useful for those who are always short of time as it saves them a lot of time. One need not physically visit each and every store to shop online.
Repossession
Keep your Profits Running With Retail Accounting
Posted by admin in retail shop sale on February 23rd, 2010
Numbers are something that leaves us with a cold feet and sweat and especially, when the numbers are endless. Whether one is managing a big or small-scale business, accounts are something that one dares to handle. And when it comes to retail accounting then one has to be alert all the time retail is one thing that is always doing business. Due to the constant demand of buying and selling things it becomes difficult to manage accounts for it. Hence, retail accounting is a good option for various retailers and wholesalers.
In fact, every business understands the intricacies of accounting and thus monitor and maintain various transactions on regular basis. Sometimes, it becomes difficult to handle gigantic numbers and retail accounting is all about managing them with care and accuracy. If the records are not managed well then in near future they may pose problems and especially during the taxing period. To avoid such haphazard situations, the retailers should opt for retail accounting. In fact, when managing accounts there is a possibility that major mistakes could occur, and its here that retail accounting plays a pivotal role in reducing time for keeping the transactions intact. Even besides cutting down time, retail accounting also eliminates the chances for incorrect entries. Thus, retail accounting is the best way to avoid transaction glitches made by accountants though unintentionally.
Though as we all know that retail accounting is a more complicated and expansive field to be managed than other accounting fields and require lots of attention in comparison to regular accounting stuff. Therefore, it becomes more important on a part of a retailer to take a note of every transaction that has taken place on a daily basis. Installing a computer along with good accounting software in a retail shop will further help in recording and maintaining transactions. Handling retail accounting is not an easy task but can be made easier if the retailer hires services of a certified accountant to manage their accounts. It definitely works and enables retailers to keep their accounts books accurate and updated.
In fact, a hired retail accounting professional can solve all your problems regarding accounts as he is experienced enough to catch the mistake in the record books.
Retail accounting additionally requires lots of concentration and accuracy and this is one of the significant reasons for the retailers to hire accountants. A retailer has to provide all the transacted details to the accountant for the retail accounting purpose so that he is able to work on the details. In fact, it is always better to hire a professional for retail accounting as it saves both time and money for the retailer. Retail accounting can be made easy if in a safe hands of a certified accountant. If you are unable to find that reliable person who can keep check on your accounts and with confidentiality then visit any of the accountancy website and that will offer you the details of good accountancy firm that offers experience in retail accounting.
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