Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of bulk-sized grocery products, and general merchandise at reduced prices in a no-frills, warehouse-like setting.
Customers can fulfill most of their weekly shopping needs in one visit, benefiting from the economies of scale.
A retail pricing strategy offering customers consistently low prices on products without requiring coupons, waiting for
A pricing strategy where products are priced at a premium to signal superior quality and status,
A data mining tool used to identify patterns of items frequently purchased together by analyzing transaction
