1. What retailer activities are involved with a price optimization strategy? 2. Why dont more retailers use...

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1. What retailer activities are involved with a price optimization strategy?

2. Why don’t more retailers use price optimization strategies?

3. How does price optimization relate to the concept of category management?

4. How could a small retailer engage in a price optimization strategy?

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Retail Management A Strategic Approach

ISBN: 978-1292214672

13th Global edition

Authors: Barry Berman, Joel R. Evans, Patrali Chatterjee

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Question Posted: Jun 09, 2018 07:05 AM

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1. What retailer activities are involved with a price optimization strategy? 2. Why dont more retailers use...

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1 Price optimization strategies use algorithms to set and adjust prices based on consumer elastic...View the full answer

Retail Management A Strategic Approach

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