Everyday low pricing refers to
A) the pricing strategy of "extreme value" stores to maintain high price-quality images for the products they sell.
B) the pricing strategy of starting a product at standard list price and then lowering the price by a certain percentage until it is sold.
C) short-term price reductions when consumer demand takes a significant and unexpected dip.
D) the practice of replacing promotional allowances with lower manufacturer list prices.
E) a form of predatory pricing used solely for the purpose of undercutting competitors' prices.

Question

Quizplus · Accepted Answer

Everyday low pricing is a strategy where promotional allowances are replaced with consistently lower manufacturer list prices, aiming to offer consumers a stable, low price without frequent discounts or promotions.

Everyday Low Pricing Refers to