IGCSE, A Level Business Student Forum

17 Outline one way a clothing retailer adds value.
Hint: Convenience > Example: Next > Puts many brands in one place > Saves customers shopping time.
Hint: Branding > Example: Nike section in a store > Brand image attracts customers > Can charge a premium price.

Possible Structure - 3 Marker
[KN] >> [APP] >> [AN]

[KN]A clothing retailer can add value by offering convenience to customers.
[AAP] For instance, Next puts many different clothing brands in one store, so customers can buy everything in one place.
[AN] This creates time saving for customer to search different items at one store hence greater customer satisfaction which would lead to repeat purchases which results in higher sales revenue hence stronger customer loyalty.

[kn] Adding value means increasing the worth of a product so customers are willing to pay more. [ap] A clothing retailer can add value by offering trendy designs. [an] This makes the clothes more desirable, so customers are willing to pay a higher price than the cost of production.

[KN] A clothing retailer can add value by offering greater convenience to customers.
[APP] For example, Next puts many different clothing brands together in one store.
[AN] This adds value because:
1.) Customers save time as they don’t need to visit multiple shops.
2.) Customers associate the brand with quality and style, making them more likely to buy.
3.) The retailer can attract a larger customer base, which increases sales.

KN: One way a clothing retailer adds value is by offering convenience to customers.
APP: For instance, a retailer like Next adds value by putting many clothing brands in one place making it easier for customers to find what they need without visiting different stores.
AN: This saves customers time, increases customer satisfaction and can lead to more sales, as customers are more likely to buy when shopping nd reach is easier

(KN)Branding could promise good quality clothes making the customer trust it more
(APP)eg Hermès and Burberry is well known for its quality of clothing,
(AN) letting the customer not think twice before buying it as it has a a good brand image for its quality, leading to good revenue for the business, which they can reinvest to introduce a new collection of clothes or more items of their brand.

[kn] A clothing retailer adds value through branding.
[app] A clothing retailer like Zara adds value through its strong brand image, which is stylish and fast-fashion clothing.
[an+] This can lead to customer loyalty, ability to charge premium prices, and stronger competitiveness.

Examiner Comments;
> Perfect, to the point, crisp answer.

[KN]By offering convenience to the customer
[APP] Clothing retailer like Khadi adds value through its strong branding and packaging which is stylish
[AN] This can cause the clothing retailer to charge high price, improves customers loyalty and increase profit margin

[KN] A retailer can add value by using strong branding, which makes products more desirable to customers.
[APP] For instance, having a Nike section in a store attracts customers from the brands reputation.
[AN] This increases customer trust, attracts more buyers, and allows the retailer to charge premium prices.

(KN)By utilizing better quality raw materials for the clothing.
(APP)For instance, by purchasing cotton and wool from farms that are well known for their for the quality of their harvest will ensure people that the clothing will be of higher quality and will last long.
(AN)This in turn will allow the business to charge premium pricing and generate higher profits, allowing for reinvestment to launch new clothing lines, attracting a wider variety of customers, increasing market share.

(KN)
Adding value means making a product worth more to the customer.
(APP)
A clothing retailer can add value by giving trendy designs or good brand names.
(AN)
This makes customers willing to pay a higher price than the cost of making the clothes.

[KN] By offering many brands in one shop
[APP] This allows convenience since customers can find multiple choices in one place, compare between different price levels and styles, and an improved shopping experience that saves time and leaves customers satisfied.
[AN] This will allow the owner to charge a higher price as customers will be willing to pay more for the convinence of having many brands in one location, increasing the profits of the business allowing it to reinvest in the future.

One way a clothing retailer can add value is by offering fashionable and unique designs that meet customer tastes (KN). For example, the retailer could release limited-edition jackets that cannot be found in competing stores (APP). This makes customers more willing to pay a higher price, which increases revenue and profit margins for the business (AN).

[KN] A clothing retailer can add value by offering convenience to customers.
[APP] Since customers will find all brands in one place it will save them time.
[AN] This leads to increased sales as customers are more likely to purchase when shopping is easy and convenient, resulting in higher profits for the retailer.

KN: clothing retailer adds value by improving convenience, presentation or service, not just selling garments. THey must provide extra features.

APP for e.g offering personal styling or nice packaging makes the item feel worth more. Like a suit store will personally measure your size and make a custom suit.

AN: Added services let retailers charge higher prices and build loyalty, boosting profit margins. This also means they can charge a higher price.