price lining
Definition
The process used by retailers of separating goods into cost categories in order to create various quality levels in the minds of consumers. Effective price lining by a business will usually involve putting sufficient price gaps between categories to inform prospective buyers of quality differentials.
Related Articles
- Bond Mutual Funds *
- The Warren Buffett Quality Stock Strategy *
- ETFs Ease Tax Headaches *
- Places to Buy a Car Other than Dealers *
- Introduction to Buying a Home *
- A Guide to Filing Your Tax Returns *
- Corporate Bonds *
- An Explanation of the Various Facets of a 403(b) Plan *
Related Videos
http://www.businessdictionary.com/definition/price-lining.html
