Which factor should be considered when setting prices for international markets? Select the correct answer, then submit.
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Correct answer: Researching competitor pricing in the target market..
Why this is the answer
Setting prices for another market should reflect the local competitive environment, not just internal preferences. Google says the price competitiveness report in Merchant Center can be used to analyse how competitors price similar products by category, country, and brand. That makes competitor pricing research important because demand and acceptable price points can vary by market. Using target-market pricing insight helps a business set prices that are more relevant and commercially realistic
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