How do shopbots affect pricing strategies?
A) They encourage a more creative use of advertising.
B) They link manufacturers,suppliers,and customers.
C) They create opportunities for prestige pricing.
D) They provide a means for comparison shopping.
E) They create inelastic demand.

Question

Quizplus · Accepted Answer

Shopbots provide a means for comparison shopping, which means that customers can easily compare prices across different retailers. This can make pricing strategies more competitive, as retailers try to offer the best possible price to attract customers.

How Do Shopbots Affect Pricing Strategies