Question: Factory direct is an electronics store that provides consumers with outlet prices at convenient locations. The items they sell can come new or refurbished but

Factory direct is an electronics store that provides consumers with outlet prices at convenient locations. The items they sell can come new or refurbished but they are always on the lower end of that items price range. In light of their reputation of giving value pricing many shoppers tend to go there before anywhere else. This is an example of which factor that influences price?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

This scenario is an example of how consumer percept... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!