Which of the following is an example of a pricing strategy that focuses on customers' needs?
A)price leadership
B)everyday low pricing
C)distribution-based pricing
D)cost-plus pricing
E)skimming

Question

Quizplus · Accepted Answer

Everyday low pricing is a pricing strategy that focuses on customers' needs by offering consistently low prices on products. This strategy is popular among budget-conscious consumers who prioritize affordability over brand name or prestige. By offering affordable prices, businesses can attract and retain customers who might otherwise seek out cheaper alternatives or wait for sales and promotions.

Which of the Following Is an Example of a Pricing