The process of offering merchandise in several different price ranges is called:

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The process of offering merchandise in several different price ranges is called price lining. This is a common pricing strategy where a retailer offers a limited number of options at different price points in order to appeal to different customer segments. Each price range typically has a specific set of features or quality level associated with it, and customers can easily choose the option that best fits their needs and budget. Price bundling involves offering several complementary products or services at a discounted price, while combination pricing is a flexible pricing strategy that allows customers to bundle and customize products and services to fit their unique needs.

The Process of Offering Merchandise in Several Different Price Ranges