Examlex
Explain the factors involved in setting international pricing.
Price Matching
A commercial policy whereby a retailer agrees to match a lower advertised price from another retailer on identical products to attract or retain customers.
Competitor's Price
The price at which rival businesses offer similar products or services in the market.
Customer Relationship Management
The practice of managing and analyzing interactions with past, current, and potential customers to improve business relationships.
Shopping Patterns
The behaviors and tendencies exhibited by consumers when researching, selecting, and purchasing products or services.
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