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What Are the 4 Ps of Retail Management? The 4Ps of retail management are: product, place, price and promotion. Product The product must fulfill a need or desire for your customer, making it the foundation of your retail operations. This involves managing logistics , inventory levels, and supplychain relationships, as well.
Pros Cons Stores hundreds of products styles, & premium products Allows providing samples, small and large bundles of 3 items Allows bulk discount, shipping time, and ways variations Has no minimum order and fulfills orders placed before noon PST within a day Doesn’t accept returns without prior approval 2.
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