They’ll run expensive advertising campaigns across a variety of channels to increase their visibility among audiences.
Merchant performance is an essential element of a product’s success or failure. Yes, perhaps the company produced the most amazing product of its kind.
For example, a brand that produces gardening tools may include the emergence of its latest hedging tools in handcraft stores across the country as part of its business. When launching a new product, demand often reaches incredibly high levels. Persons in trade are responsible for ensuring that sufficient units are available to meet this demand.
In stores where space competition is tight, a retailer may decide to stop a product, for example, it may not perform as well as initially expected. The promotion team will use the forecasts as well as current sales figures to determine whether this is appropriate.