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Southern New Hampshire University

MKT222: Principles of Retailing

A complete guide to SNHU's MKT-222 Principles of Retailing, covering how retail businesses develop strategy, manage merchandise, and shape the customer experience that drives sales.

UndergraduateSNHURetailing PrinciplesAPA 7th Edition

MKT-222 examines retailing as its own distinct marketing discipline, covering the strategic decisions retailers make about merchandise selection, store format, pricing, and the overall customer experience that differentiates one retailer from another.

Retail strategy and merchandising

The course covers how retailers decide what to stock, how to price it, and how to organize the shopping experience — decisions that together define a retailer's competitive position in a crowded marketplace.

The retail customer experience

MKT-222 covers how store layout, service, and overall experience shape customer perception and loyalty, recognizing that retail competition increasingly hinges on experience, not just product and price alone.

Key topics in MKT222

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Worked example: experience as competitive differentiation

  • Price-only competition: Two retailers selling similar products compete purely on price, eroding margins for both
  • Experience-based differentiation: One retailer builds a distinctive, valued shopping experience that justifies a premium and builds loyalty
  • Lesson: MKT-222 teaches that retail strategy increasingly depends on this kind of experience differentiation, not price competition alone

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Frequently asked questions

Why does retail strategy increasingly depend on customer experience rather than price and product alone?

When multiple retailers sell similar or identical products, competing purely on price erodes margins for everyone involved and provides no durable competitive advantage, while a genuinely differentiated, valued shopping experience — whether through service, store atmosphere, or convenience — can justify a premium price and build customer loyalty that price competition alone cannot. MKT-222 teaches this because modern retail strategy recognizes experience as a genuine, sustainable source of competitive differentiation in a marketplace where product and price alone are often too easily matched by competitors.

Why do merchandising decisions matter as much as pricing decisions in retail strategy?

What a retailer chooses to stock, how it's organized, and how it's presented directly shapes the customer's perception of the store's identity and value, meaning merchandising decisions aren't simply about inventory management but about actively defining what kind of retailer the business is trying to be. MKT-222 covers merchandising as a strategic decision alongside pricing because the two work together — the right product mix at the wrong price, or the right price with a poorly curated product selection, both undermine a coherent retail strategy.