Using EDLP is the best way to reduce costs attributed to shipping.
Understand the Problem
The question is asking whether using EDLP (Everyday Low Pricing) is the best strategy to lower shipping costs, requiring a true or false response.
Answer
False
The statement is false.
Answer for screen readers
The statement is false.
More Information
EDLP (Everyday Low Pricing) is primarily a pricing strategy aimed at keeping product prices consistently low. It does not specifically target reducing shipping costs.
Tips
A common mistake is to assume that pricing strategies directly affect operational costs like shipping, which often require separate logistic and supply chain strategies.
Sources
- Unlocking everyday low pricing: strategy and pitfalls - Simon-Kucher - simon-kucher.com
- Everyday Low Pricing (Edlp) - Lark - larksuite.com
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