Out of three major intermediaries in
product distribution, retailing which supermarket falls is very close to the consumers.
Their ability to get good patronage determines the sales and eventual profit
margin and even survival in business, so they put up many strategies to ensure
good patronage at all times. Such
strategies may include pricing, communications, displays and good quality products etc.
Nnadi (2009), said that monetary pricing is defined as the
value attached to the goods and services. It
is an important factor to purchase or sales as the case may be. When it is very
low may raise question on the quality
of the product and when it is very high, may reduce or stop purchase of the attached products. Hence
retailers should be careful on price placements.
According to Brite (2012), pricing is
very important to sales as it affects their business given the presence of competition in the market both in products, and services. It
-ft viewed to be very important as a powerful tool to product purchase or
.sales. Retailers should not make high price or very low price
but should always be moderate.
This study aimed at determining The Effect Of' Pricing In
Retail Management Amongst The Supermarket.
Hence the study will find out the strategies of pricing in use among the
supermarket and its effects on sales
of product.
-- (2021). The Effect Of' Pricing In Retail Management Amongst The Supermarket. Repository.mouau.edu.ng: Retrieved Dec 25, 2024, from https://repository.mouau.edu.ng/work/view/the-effect-of-pricing-in-retail-management-amongst-the-supermarket-7-2
--. "The Effect Of' Pricing In Retail Management Amongst The Supermarket" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 03 Jun. 2021, https://repository.mouau.edu.ng/work/view/the-effect-of-pricing-in-retail-management-amongst-the-supermarket-7-2. Accessed 25 Dec. 2024.
--. "The Effect Of' Pricing In Retail Management Amongst The Supermarket". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 03 Jun. 2021. Web. 25 Dec. 2024. < https://repository.mouau.edu.ng/work/view/the-effect-of-pricing-in-retail-management-amongst-the-supermarket-7-2 >.
--. "The Effect Of' Pricing In Retail Management Amongst The Supermarket" Repository.mouau.edu.ng (2021). Accessed 25 Dec. 2024. https://repository.mouau.edu.ng/work/view/the-effect-of-pricing-in-retail-management-amongst-the-supermarket-7-2