Vending Machines Are an Example of

question 46

Multiple Choice

Vending machines are an example of

• A) hypermarkets.
• B) direct marketing.
• C) scrambled merchandising.
• D) intertype competition.
• E) nonstore retailing.

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Definitions:

Customary Pricing

Pricing strategy based on traditional costs or prices established over time within a specific industry or market for certain goods or services.

Below-market Pricing

A pricing strategy where products or services are offered at a price lower than the prevailing market rates to attract more customers or gain market share.

Suave Shampoo

A brand of personal care products, including a line of shampoos known for being affordable and widely available.

Salon Hair-care Products

Professional-grade products sold through salons, typically of higher quality and price, designed for specific hair care needs and treatments.