What Can a Retailer Do to Ensure Consistency Between Their

question 103

Multiple Choice

What can a retailer do to ensure consistency between their market strategy and their price position?

• A) They can collect and analyze price data from their competitors to determine if the store is maintaining their desired market position compared to their competition
• B) They can consistently offer lower prices and allow the consumer to determine market share
• C) They can purchase more of the merchandise to relay the lower prices onto the consumer
• D) They can price for margins and create a better shopping experience
• E) None of these

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