Customers typically rebel against price increases by switching to competing products, but if a company has pricing power, customers will continue using Convenience store’s products and services. Convenience store has the ability to charge customers higher prices… … "Pricing Power (Convenience store)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity. "Pricing Power (Convenience store)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it.