Clientele

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August 25, 2024 4 min read Definitions
Boutique: A Specialized Retail Experience
Retail Business Specialized Shop Retail Limited Product Line Clientele Boutique Firm
A boutique is a small, specialized shop catering to a limited clientele with a focused product line, contrasting with wide-ranging retail outlets.
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August 25, 2024 3 min read Definitions
Downscale: Movement of a Business Activity from a Higher to a Lower Level
Economics Business Management Business Strategy Clientele Market Positioning Retail Quality
Downscale refers to the movement of a business activity from a higher to a lower level, often involving a pejorative connotation linked to clientele and quality of products or services. For example, a retail store deciding to carry lower-grade merchandise is considered to be moving downscale.
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