Question: Stephens says purpose is the new positioning. What does he mean by this? The purpose of a store brand is the reason why the store
Stephens says "purpose" is the new positioning. What does he mean by this?
The purpose of a store brand is the reason why the store exists; retailers need to the answer to the question "How can I optimize inventory to carry the widest selection of products?"
The purpose of a store brand is the reason why the store exists; retailers need to answer the consumer question "Where can I get the lowest price?"
The purpose of a store brand is the reason why the store exists; retailers need to answer the question "How can I compete headtohead against Amazon?"
The purpose of a store brand is the reason why the store exists; retailers need to the answer to the consumer question "Why should I shop at your store?"
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