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A-RETAIL-2025-1.0
Retail Industry Fundamental - Vocab Words - 1 thru 30
| Question | Answer |
|---|---|
| Account Takeover (ATO) | Scenario: A teen tries to order sneakers online, but their account was hacked, and someone else already used it to buy headphones. |
| Active Listening | Scenario: A customer says they need shoes for gym class, and the store worker listens carefully, asking follow-up questions to make sure they suggest the right pair. |
| Advertising | Scenario: A clothing brand pays for a TikTok ad to show off their new fall hoodies. |
| Add-on Services | Scenario: When buying a new laptop, the cashier asks if you’d like to add a 2-year warranty to protect it. |
| Alterations | Scenario: A shopper buys jeans that are too long, so the store offers to hem them. |
| Americans with Disabilities Act | Scenario: A clothing store adds ramps and wide aisles so customers in wheelchairs can shop easily. |
| Analytical Communication Style | Scenario: A manager explains why a backpack is selling well by showing charts and numbers from last month’s sales. |
| Anti-theft Methods | Scenario: A store installs security cameras and locks expensive headphones in display cases. |
| Asset Protection (Loss Prevention) | Scenario: A store trains employees to check receipts at the exit to reduce theft. |
| At-will Employment | Scenario: A cashier decides to leave their job to focus on school, and the store lets them quit without penalty. |
| Automated Fraud | Scenario: A scammer uses fake credit card numbers made by a computer to buy video games online. |
| Audio Ads on Podcasts | Scenario: While listening to your favorite podcast, you hear an ad for a new sports drink. |
| Available Inventory (On-hand) | Scenario: A worker checks the stockroom and sees that only 5 PlayStation controllers are left to sell. |
| Average Customer Spend | Scenario: A store figures out that most customers spend about $45 each time they visit. |
| Barcode | Scenario: At checkout, the cashier scans the black-and-white lines on your bag of chips to ring up the price. |
| Body Language Cues | Scenario: A shopper frowns and crosses their arms while listening to a sales pitch, showing they aren’t interested. |
| Bonuses | Scenario: A shoe store gives its top sales team an extra $100 each for exceeding monthly sales goals. |
| Brand Promise | Scenario: A sneaker company always promises customers comfort and durability in every pair of shoes they sell. |
| Breakaway Statements | Scenario: A cashier says, "Thank you for shopping with us—next guest, I’ll be right with you," moving smoothly from one customer to the next. |
| Broadcast Advertising | Scenario: A toy company airs a TV commercial during Saturday morning cartoons. |
| Bundle Pricing | Scenario: A store sells a backpack, lunchbox, and water bottle together for $25 instead of $35 if bought separately. |
| Buying | Scenario: A retail manager chooses which new brand of jeans to order for the store shelves. |
| Clientele | Scenario: A beauty store’s regular shoppers who always come back for skincare products. |
| Closed-circuit Cameras | Scenario: A store uses security cameras to monitor aisles and prevent shoplifting. |
| Closed-ended Questions | Scenario: A cashier asks, "Would you like to sign up for our rewards card today—yes or no?" |
| Commission | Scenario: A jewelry salesperson earns 5% of every ring they sell. |
| Company Brand | Scenario: A tech store is known for being friendly, helpful, and selling reliable gadgets. |
| Company Culture Scenario: | Employees at a clothing store treat each other like family and always greet customers with a smile. |
| Company Discount | Scenario: An employee gets 25% off clothing at their store and also at partner brands. |
| Company Website | Scenario: A shopper visits a retailer’s online site to check store hours and buy sneakers. |