Question: Question 1 6 ( 1 point ) What is the potential benefit of promotional markdowns? It is a way of achieving a break - even
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What is the potential benefit of promotional markdowns?
It is a way of achieving a breakeven point.
Retailers aim to get rid of new merchandise through promotional markdowns.
Buyers are benefitted because they are charged according to the market segment to which they belong.
Promotional markdowns benefit customers because they are charged according to their willingness to pay.
The increased instore traffic can lead to the purchase of other products at regular prices.
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