In the bustling world of retail, let's take a spin,
Where brokers hustle and the strategies begin.
Category management is where it's at,
Deciding what sells, be it hats or a mat.
The form of ownership defines the stake,
While level of service is what merchants make.
Manufacturers’ agents, on the go,
Link the makers with stores below.
Merchandise line, wide or thin,
Decides if the shoppers will come right in.
Merchant wholesalers in the mix,
Supplying the goods, with their quick fix.
Multichannel retailers have the edge,
Online or in-store, they make their pledge.
The retail life cycle, rise and fall,
Some stores rise high, others small.
On the retail positioning matrix grid,
Find your spot, and there you’ll rid.
Retailing's the game, selling the thrill,
With a retailing mix, perfect the skill.
Scrambled merchandising, a mix so vast,
From food to tech, it's all contrast.
Shopper marketing, targeting right,
Enhances the shopping experience, day or night.
Telemarketing rings, a call to hear,
Selling products far and near.
Wheel of retailing turns round and round,
As new trends in markets are always found.
So, when you think of the retail rhyme,
Remember these terms, they’re worth your time!