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General Retail Business Issues/Expert Profile
Expertise
If you have questions regarding the methods and metrics practiced by department stores and mass merchants when it comes to how they manage categories and product, I can help.
Experience in the area
I have been a buyer for over 11 years, including within the Target corporation. My expereince has included all apsects of the profit and liability for my areas, analysis, planning, marketing, costing, markdowns, negotiations with vendors, and more.
Education/Credentials
BS, Unversity of Wisconsin, Madison
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response P = Politeness| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| Daneiel | 09/17/11 | 10 | 10 | 10 | Many thanks Jeff! I appreciate the two ..... |
| yvone | 09/13/11 | 10 | 10 | 10 | Than you very much for your prompt ..... |
| Nash | 07/14/11 | 10 | 9 | 10 | |
| Isa | 07/05/11 | 9 | 9 | 10 | Good |
| Shirley | 05/12/11 | 9 | 10 | 10 |
Recent Answers from Jeff Bender
2011-11-15 Avg consumer metrics:
This is late and I apologize as I never saw the follow-up question. Their are laws regarding privacy and credit card purchases. However, the agreement between the card holder and the company often outlay
2011-11-09 Avg consumer metrics:
Nash, Retailers use this information on a regular basis. The gathering of this information is almost exclusively through credit card use. The key is credit cards. Cash or checks cannot be tracked
2011-09-13 product scouting/is this a business?:
Daneiel, Most of the larger retailers rely on their buyers, divisionals, and product managers to identify new products and trends. There may be an opportunity to have impact with smaller retailers
2011-06-30 furniture:
Bonny, The markup on furniture really depends upon the type of furniture. high-quality vs assembly required, etc. A fair estimate would be approximately 60% on the assembly required and lowering for
2011-06-27 Consumer Behavior:
Isa, I would start with the thought process what has potential to offend. Here's the initial list of where I would look to where offense might occur: Religion, Race/ethnicity/cultural, translations
Answers by Expert:
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