the frequent use of promotional pricing can encourage customers to only buy when a brand is on sale. group of answer choices true false

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19-12-2022
Business

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the frequent use of promotional pricing can encourage customers to only buy when a brand is on sale. group of answer choices true false

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-12-23T04:34:08-05:00

The frequent use of promotional pricing can encourage customers to only buy when a brand is on sale true.

Promotional pricing is a income approach wherein a dealer or a logo quickly reduces the rate of a product or a provider with the intention to draw greater customers. Promotional pricing works through growing the purchaser's urgency to buy with a limited-provide deal.

Promotional pricing can assist with purchaser acquisition through encouraging cost-aware buyers to buy. It can growth revenue, construct purchaser loyalty, and enhance short-time period coins flow.

A promotional pricing approach works fine withinside the short-time period. Value-based, competition-based, cost-plus, and dynamic pricing are all fashions which can be used frequently, relying at the enterprise and commercial enterprise version in question.

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