190k views
2 votes
In omnichannel retailing, what visible element must often be adjusted because of competition faced in different channels?

A) Pricing strategies
B) Employee training programs
C) Store layouts
D) Advertising campaigns

User Momin
by
7.8k points

1 Answer

5 votes

Final answer:

The visible element that must often be adjusted in omnichannel retailing due to competition in different channels is pricing strategies.

Step-by-step explanation:

In omnichannel retailing, the visible element that must often be adjusted because of competition faced in different channels is pricing strategies.



When a retailer operates in multiple channels, such as physical stores, online platforms, and mobile apps, it may face different levels of competition in each channel. To remain competitive, the retailer needs to adjust its pricing strategies to attract customers and optimize its profitability. For example, a retailer may lower prices on its online platform to compete with online-only retailers, while implementing different pricing strategies in physical stores to accommodate the costs associated with store operations.



In conclusion, pricing strategies are the visible elements in omnichannel retailing that need to be adjusted due to competition in different channels. By adapting pricing strategies based on the competitive landscape, retailers can enhance their market position and customer appeal.

User GreySage
by
7.9k points