Asked by
Kenneth Reina
on Nov 20, 2024Verified
When a retail store rarely sells deeply discounted or sale products, it is known as "everyday low pricing."
Everyday Low Pricing
A pricing strategy where companies consistently offer products at low prices rather than relying on sales or discounts, aiming to attract price-sensitive consumers.
Discounted
A reduction applied to the usual price of a product or service.
Sale Products
Items or services offered to the public at a reduced price for a limited time.
- Acquire knowledge on the methodologies of pricing and their congruence with corporate targets.
Verified Answer
AM
Learning Objectives
- Acquire knowledge on the methodologies of pricing and their congruence with corporate targets.
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