How does Uniqlo maintain low prices for its products?

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Uniqlo maintains low prices for its products primarily through efficient supply chain management and production strategies. This involves several key practices, such as streamlining operations, reducing waste, and optimizing production processes to keep costs down. By leveraging a global supply chain, Uniqlo can source materials and manufacture clothing at lower prices, which allows the company to pass those savings on to consumers.

Additionally, the brand focuses on producing high-quality basics rather than fashion trends, which enables them to maintain a consistent production schedule and manage inventory effectively. This strategy helps minimize excess stock and associated costs, further contributing to their ability to offer competitive pricing. The efficiency in both sourcing and manufacturing is a significant factor in ensuring that they keep their prices attractive while still maintaining quality standards.

Other options, such as celebrity endorsements or limiting product availability, would typically increase marketing costs or create scarcity that might drive prices up, rather than support the goal of keeping prices low. Similarly, increasing the price of limited editions contradicts the practice of maintaining low prices. Therefore, the efficient supply chain management and production strategies are at the core of Uniqlo's pricing strategy, allowing it to remain accessible to a broad customer base.

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