A recent pricing trend among retailers is EDLP.What does it stand for?

Name: A recent pricing trend among retailers is EDLP.What does it stand for?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

EDLP stands for "everyday low pricing." It is a pricing strategy where a retailer offers consistently low prices on their products rather than having occasional sales and price fluctuations. This approach appeals to consumers who value consistency and predictability in pricing.

A Recent Pricing Trend Among Retailers Is EDLP