Everyday low pricing is a strategy of ________.
A) charging inexpensive prices with few, if any, special promotional sales
B) determining prices directly between the seller and buyer
C) combining two or more complementary products into a single package
D) providing partial refunds on what a customer has already paid for a product
E) charging a high price for a product initially and then lowering the price over time

Question

Quizplus · Accepted Answer

Everyday low pricing is a strategy where a company charges inexpensive prices for its products with few, if any, special promotional sales. This approach is commonly used by discount retailers, such as Walmart, who offer low prices on a consistent basis rather than using temporary sales or discounts to attract customers.

Everyday Low Pricing Is a Strategy of ________