Question: 3. There are five potential pitfalls to avoid in planning a value-oriented retail strategy. Discuss these three: a. Planning value with just a price perspective.

3. There are five potential pitfalls to avoid in planning a value-oriented retail strategy. Discuss these three: a. Planning value with just a price perspective. b. Providing value-enhancing services that customers do not want or will not pay extra for. c. Competing in the wrong value/price segment.

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