A power strip is a block on the end of a power cable with a number of sockets (usually 3 or more), often arranged in a line. This term is also used to refer to the whole unit of a short extension cord terminating in a power strip.
Why Is It Important? Pricing is a key determinant in the decision making process customers use to purchase a product or service. It is important to establish how much your target market will pay for your product or service. Shows you how sensitive your customers are to changes in price.
As our lifestyles have shifted, so have our morning routines. The trends that are driving Americans' desires to be plugged in and productive are also driving the way they fuel up at the start of each day. And thatâs important for retailers to understand, because the first meal of the day is just as important to them as it is to consumers.