Merchandise
Origin
Middle English marchaundise, from Anglo-French marchandise, from marcheant
Definitions
- 1archaic : the occupation of a merchant : trade
- 2: the commodities or goods that are bought and sold in business : wares
Description
Merchandising are the methods, practices, and operations used to promote and sustain certain categories of commercial activity. In the broadest sense, merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to the variety of products available for sale and the display of those products in such a way that it stimulates interest and entices customers to make a purchase. This includes disciplines in pricing and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what [Timing|[time]].This annual cycle of merchandising differs between countries and even within them, particularly relating to cultural customs like holidays, and seasonal issues like climate and local sporting and recreation.[1]
