A successful clothing manufacturer offers three branded lines of clothing sold in three different retail outlets. At the low price point, they compete with other retailers such as Walmart and Target by offering trendy, inexpensive, and youth-oriented fashions in large, warehouse-style stores popular with families.

A successful clothing manufacturer offers three branded lines of clothing sold in three different retail outlets. At the low price point, they compete with other retailers such as Walmart and Target by offering trendy, inexpensive, and youth-oriented fashions in large, warehouse-style stores popular with families. At the mid price point, they balance value, fashion, and quality for professional women in mid-size stores. Their expensive, high-fashion brand is available in boutique-style stores for women in select, generally urban, areas. Why do you think this tiered approach is successful?