Retail Consumers are Fickle
Last Updated by WikiWealth | Update This Page Delete This Page
Fashion trends change rapidly. Retailers must change their product selection often in order to match the consumer's latest desires. This requires expensive testing, research, development, and marketing in order to keep pace. If consumers change and a retailer does not keep pace, then the retail could suffer brand and revenue impacts that affect it for many years. …
SWOT Analysis Survey

SWOT Threat: Retail Consumers are Fickle
Fashion trends change rapidly. Retailers must change their product selection often in order to match the consumer's latest desires. This requires expensive testing, research, development, and marketing in order to keep pace. If consumers change and a retailer does not keep pace, then the retail could suffer brand and revenue impacts that affect it for many years.
[[div class="delete-prompt" style="display : none;"]]
If you believe that this point is inaccurate, please flag this page to notify administrators and moderators.