Question

How does price sensitivity differ for different market segments based on shopping orientation?

19 Oct 2021
Answer :
Word Count : 379

Price sensitivity varies by market segment, based on shopping orientation. There are five major segments in the current mall culture as given here below:
i. Economy minded consumers: This segment is growing in the current scenario of mall culture. These consumers perceive all retailers as same and are on the lookout for the retailer offering the best price for their buys.
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