Price-matching guarantees usually seem to be pro-competitive. Explain what a price-match guarantee is.
Advertised price are basically the price that are set to lure the shoppers to the shops and convert them in to the customers, these are set at very lower level, these sales offer run for very short period mostly a day or two, e.g. of this can be black Friday etc.
Answer and Explanation: 1
Price marching guarantee is basically a competitive marketing technique in which the seller sell its product to the buyer at its advertised price and...
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fromChapter 11 / Lesson 10
When a company makes a change in pricing, it is usually in response to inflation or recession. These two tactics are explained to better understand the intricacies involved in devising and implementing a cost strategy.