1-How does a store’s location affect the price it

1-How does a store’s location affect the price it can charge?

2-Is pricing really an interactive decision? Provide an example of how pricing should interact with the services offered by the retailer.

3-When should a retailer use the penetration pricing objective?

4-If a retailer wants to use an above-market pricing policy, how should that retailer’s retailing mix be different from the competition?

5-What is the difference between variable and flexible pricing? Does the demand for the item being sold affect either of these strategies?


Expert Answer



Get this answer with Solutioninn Study

Members

  • Access to 1 Million+ Textbook solutions
  • Ask any question from 24/7 available
    Tutors
$9.99
VIEW SOLUTION
OR

Non-Members

Get help from Tutors
Ask questions directly from Qualified Online Tutors .
Best for online homework instance.