What is the difference between variety and assortment?
The major difference between variety and assortment is that variety refers to the choice of different merchandise classes a retailer sells, while assortment is the choice of other items or SKUs in a merchandise class.
What is supposed by way of assortment?
assortment. An assortment is a choice of things that are not the identical. An assortment of sweets might have some which can be full of coconut, caramel, or nuts. Yum. An assortment is a host various things all together whether they’re the identical sort or no longer.
What is variety in retail?
Variety refers to the other classes of products a store sells; it is sometimes called the breath of the merchandise.
What is assortment planning?
Assortment planning defined: Assortment planning in retail is when a shop optimizes visual merchandising, store layout, and product placement for the most conversions. When retailers plan assortment, they’re planning which merchandise to place and where all over that time period.