In - store product placement is an essential part of being successful in the retail industry. With
Question:
Instore product placement is an essential part of being successful in the retail industry. With all the different brands out there, the competition for attention is fierce, especially with so many new brands trying to compete with established ones. You would like to research your companys product displays and layout strategy and see if you can have a powerful influence on a consumers decision of whether or not to purchase your product by positioning the product in different locations in the store.
With the store manager approval, you have set your first product stand in the front of the store, to the right of the entrance. You have given your product barcode a special last digit so that youll be able to recognize the sales coming from this location.
You also positioned an additional stand with your companys product near the bakery closer to the cashiers ?and used a different last digit in your barcode to recognize the sales of the product coming from this stand.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66436b6a81de9_44266436b6a1f672.jpg)