VF Brand India PVT. LTD

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VF Brand India PVT. LTD Interview Questions and Answers

Updated 28 Aug 2017

Q1. How to grow basket size

Ans.

To grow basket size, focus on cross-selling, upselling, and offering bundle deals.

  • Implement cross-selling strategies by suggesting related products to customers.

  • Upsell by offering higher-priced alternatives or premium versions of products.

  • Create bundle deals where customers can purchase multiple items at a discounted price.

  • Personalize recommendations based on customer preferences and purchase history.

  • Offer loyalty rewards or incentives for customers to add more items to their...read more

Q2. What is retail

Ans.

Retail refers to the process of selling goods or services directly to consumers through physical or online stores.

  • Retail involves the sale of products or services to end consumers.

  • It includes activities such as merchandising, pricing, advertising, and customer service.

  • Retail can be conducted through various channels like brick-and-mortar stores, e-commerce websites, or mobile apps.

  • Examples of retail businesses include supermarkets, clothing stores, electronics shops, and onli...read more

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