________ is(are) a key positioning factor for retailers and must be decided in relation to the target market, the product-and-service assortment mix, and the competition.

Question

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Prices are a key positioning factor for retailers as they help to create a perceived value in the minds of consumers. Retailers must carefully consider prices in relation to the target market, product mix, and competition in order to establish a competitive and profitable pricing strategy. While other factors such as location, assortment, and hours of operation are also important for the success of a retail business, prices play a crucial role in attracting and retaining customers.

________ Is(are) a Key Positioning Factor for Retailers and Must