Internet technologies can provide consumers with easier access to pricing information,which increases their bargaining power.To remain competitive and profitable,sellers need smarter pricing strategies,which include each of the following strategies except A) greater precision in setting prices. B) more adaptability in changing prices. C) new ways of customer segmentation for differentiated pricing. D) reducing prices.

Question

Quizplus · Accepted Answer

The passage states that smarter pricing strategies are needed to remain competitive and profitable, and lists three specific strategies: greater precision in setting prices, more adaptability in changing prices, and new ways of customer segmentation for differentiated pricing. However, reducing prices is not mentioned as a strategy for sellers to remain competitive and profitable. Therefore, option D is the correct answer as it is the exception to the other listed pricing strategies.

Internet Technologies Can Provide Consumers with Easier Access to Pricing