According to the wheel of retailing theory,retail innovators have what major advantage over traditional retailers?
A) being a low-cost provider
B) a more convenient location
C) superior service
D) exclusive merchandise lines

Question

Quizplus · Accepted Answer

The wheel of retailing theory suggests that retail innovators often start with a low-cost advantage, attracting customers by offering lower prices than traditional retailers. This is typically achieved through lower overhead costs, simpler facilities, or a more efficient supply chain.

According to the Wheel of Retailing Theory,retail Innovators Have What