Posted in: Concept Evaluation, Healthcare, Product/Service Development/Viability, Qualitative Exploratory
A National Retail Pharmacy: New Pricing Strategy
Challenge: In an effort to become more price competitive and motivate shoppers to increase their in-store purchases, a new pricing initiative was piloted, offering lower everyday pricing on thousands of items across the store, on both national and store brand products. The initiative was tested in a single store location, and then rolled out to a larger me...