Merchandising

Definition and stakes

Edward Hungerford,  The Romance of a Great Store

“ Merchandising, financing, transportation; each has played its own great part in the bringing of that silk sock upon your foot or the felt that you wear upon your head. Each has co-operated; each has correlated its effort. There are few accidents in modern business. Rule-o'-thumb has stepped out of its back-door. In its place have come cool calculation, steady planning, scientific investigation. If modern merchandising has tricks, these are they. And they are the tricks that win.
[Pg 148]
In our last chapter we pictured R. H. Macy & Company as a machine of salesmanship.
”
Source: Gutenberg

Edward Hungerford,  The Romance of a Great Store

“ In holding these Macy does not lay claim to originality, except perhaps in the amount of merchandising involved and the spectacularly low prices. Sales are in a large measure opportunities for the store as well as for the customer. It takes a goodly amount of merchandise from a manufacturer who for some reason offers a large concession in price and passes on its advantage to its customers. ”
Source: Gutenberg

Portrait of Anna Steese Richardson Anna Steese Richardson,  Adventures in Thrift

“ This gives us a chance 130 to sell off all vegetables and other perishable foodstuffs that otherwise must be carried over the week-end. I mention it merely to show you that a cooperative store is not necessarily high-brow, as some women think. We try to follow all modern business methods—but we permit no substitution, adulteration, nor any other of the evils of so-called modern merchandising. ”
Source: Gutenberg

Get perspective with Kwize: daily news enlightened by great literature