Because retailers have to be concerned with product selection, price, and space, they often evaluate products on the basis of
A) their markup.
B) sales per square foot of selling area.
C) how many of the product they can fit in a certain amount of space.
D) profit per dollar of selling price.
E) the reliability of the supplier.

Question

Quizplus · Accepted Answer

Sales per square foot of selling area is a crucial metric that helps retailers determine the performance of a particular product in terms of generating revenue within the given space. This metric helps retailers optimize their product selection and design effective merchandising strategies. Other factors, such as markup and profit per dollar of selling price are important too, but sales per square foot is a primary metric used by retailers to evaluate product performance.

Because Retailers Have to Be Concerned with Product Selection, Price