•1.

Define seven steps of Retail planning in detail with

citing some examples.
the set SMART goals are Specific, Measurable, Attainable, Relevant, and
1.Identify the objectives Time-based.

2. Make a market analysis and tAnalysis of the market and situation helps the retailer to get answers to
his questions on how to sell and when to sell.
situational analysis

3. Research on the consumer buying tThis means conducting their respective SWOT analysis.
behavior
tBefore you choose your retail strategy, keep in mind that you have a
4.Plan the retail strategies balanced retail mix and also adhere to your retail positioning.

Having short-term strategic plans provides more precision towards plan

5. Emphasize short-term strategic plans execution in the shortest time frame.

6. Implementation of the strategies Abdullah Mubarak Al , Subhi‫إ‬

homework
7. Performance analysis management retail
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