Homework #2 Answer 1 The function of the warehouse club and the classification as a wholesalers and retailers. Warehouse club like Costco are important for some big families where the amount of gaining are lows and they have to cover their needs. These families are the most benefited by these warehouse club that sells by quantity shipper products than the rest of the stores. For example, a family of six, two parents and 4 children consume a normal box of cereal daily. If they buy 30 box of cereal in a common supermarket like Publix they might spend twice the amount that they will spend buying it in Costco. This is a simple example of just a product and how these warehouses club are important for a part of the society. This warehouses are classified as wholesaler and retailer because as a family might use as a retailer store, little convenience stores might buy some of their product from this warehouses mainly for two reasons. First the size of the store. Most of the time a …show more content…
Nordstrom is a department store that win its positions to the amazing customer services they bring. One of the characteristic they share with other retailers of this type is the variety of location they have, the price policy that they use as they say that the company refuses to hop on the price- promoting, because they do not really do promotions as a one day sales, coupons, or friends of friend’s sales. I think most of the departments stores have the same philosophies. 2. The Nordstrom level of services is amazing. Having one of the best customer services and expressing stories where they have proof that they care about their customers. However, there are companies in the other hand, that do not put customer first and still in the market. Having different philosophies of pricing. Using promotion and selling the lowest prices possible companies like Walmart that have a horrible customer services can still in the top of the profit chart because of their pricing