Which of the following is a similarity between factory outlets and off-price retailers?
A)Both use low prices and discounts to lure shoppers.
B)Both offer high levels of customized service to customers.
C)Both follow an agile approach to inventory.
D)Both carry multiple product lines that are considerably deep.

Question

Which of the following is a similarity between factory outlets and off-price retailers?
A)​Both use low prices and discounts to lure shoppers.
B)Both offer high levels of customized service to customers.​
C)Both follow an agile approach to inventory.​
D)Both carry multiple product lines that are considerably deep.​

Quizplus · Accepted Answer

Both factory outlets and off-price retailers use low prices and discounts to attract customers. This is because they typically sell products that are overstocked, discontinued, or have minor defects, so they rely on offering discounts to move the merchandise.

Which of the Following Is a Similarity Between Factory Outlets