________is a practice used by retailers whereby they stock-up on a product at a low deal or off-invoice price and resell it to consumers at higher prices when a promotional period has ended.

Question

Quizplus · Accepted Answer

Forward buying is a practice where retailers purchase products at discounted prices during promotional periods and then resell them at higher prices once the promotional period is over, in order to gain a profit. This practice is commonly used in the retail industry. Promotional discounting refers to offering discounts to customers during a promotional period, while diverting refers to the unauthorized sale of a product, and discount trading does not accurately describe the practice of forward buying.

________Is a Practice Used by Retailers Whereby They Stock-Up on a Product