What does comps mean in retail?
The term “ comps refers to the amount of money a seller has spent on advertising in order to promote a specific product or service. When someone decides to buy something new, they often check online to find out whether other customers have purchased the same product. Ideally, a retailer will want to see an influx of new customers to buy more of the product they are offering, and the easiest way to do that is to advertise.
What does C-com mean in retail?
C-com is a comprehensive assessment of your current inventory and how much of it is worth. A C-com valuation takes into account how many items are in your stock, their condition, how much they cost, and whether or not they are moving your bottom line.
What is comps mean in psychology?
During the first few weeks of the job, you want to make a good impression. You don’t want to give your new employer a reason to fire you. When you demonstrate your ability to sell, your manager will be more likely to give you more responsibility and a higher salary.
What does comps mean in nursing?
Believe it or not, nursing has its own commission structure. Since the nursing commission is so high, when associates recruit new associates, the nursing commission splits with the new hire as well as the current associates. The current associates in nursing usually refer to the current associates in the same department or location as the new hire. They have worked with them and have a good relationship with them. The current associates also include anyone who has worked with them within the past year. The current associates help train the new hire
Compressed mean in psychology?
Compressed means fewer options. In the last few years, the rise of the Internet has made it possible for customers to compare and research products before making a purchase decision. In contrast, before the Internet, most people relied on word-of-mouth or newspaper ads to make educated decisions about what products to buy. Compressed also implies a lower quality. Before the Internet, people were more likely to purchase a high-quality product simply because it was high-quality. Today, when there are hundreds