In the context of retail pricing strategies,which of the following is most likely an advantage of the high/low pricing strategy?
A)It improves inventory management.
B)It sells slow-moving merchandise.
C)It reduces stockouts,resulting in higher sales.
D)It reduces advertising and operating expenses.

Question

Quizplus · Accepted Answer

High/low pricing strategy, where prices are initially set high and then discounted over time, helps in selling slow-moving merchandise by attracting customers with markdowns and sales, thus clearing out inventory.

In the Context of Retail Pricing Strategies,which of the Following