The merging of consumers,products,prices,and retailers is called ________.

Question

Quizplus · Accepted Answer

The merging of consumers, products, prices, and retailers is referred to as retail convergence. This trend occurs when different retail channels, such as online and physical stores, start to resemble one another and compete for the same customers. Retail convergence is driven by increased consumer demand for convenience and flexibility in shopping, as well as the rise of technology and e-commerce.

The Merging of Consumers,products,prices,and Retailers Is Called ________