Walmart and Costco achieve long-term profitability through volume. What type of strategy do these companies use?
A) prestige pricing
B) loss leader pricing
C) everyday low pricing
D) high/low pricing

Question

Quizplus · Accepted Answer

Walmart and Costco achieve long-term profitability through volume by using an everyday low pricing strategy. This means they offer consistent low prices to customers rather than relying on sales or constantly changing prices. This strategy helps to attract price-sensitive customers and builds loyalty over time.

Walmart and Costco Achieve Long-Term Profitability Through Volume