The variety of products that a retailer offers for sale to meet the diverse preferences and needs of its customers.
Gross Margin
The difference between the revenue generated from sales and the cost of goods sold, expressed as
The variety of products that a retailer offers for sale to meet the diverse preferences and needs of its customers.
The difference between the revenue generated from sales and the cost of goods sold, expressed as
A pricing strategy where products are priced at a premium to signal superior quality and status,
A strategy where a company sets an initial high price for a product and later reduces