Examlex
What is speech analytics?
Penetration Pricing
A marketing strategy that involves setting a low price for a new product to attract customers and gain market share quickly.
Odd-Even Pricing
A psychological pricing strategy where prices are set to just below a whole number to make the price appear significantly lower to consumers.
Deceptive Pricing Practices
Techniques used by sellers to mislead consumers about the true price of a product, making it seem cheaper than it actually is.
Retainer Fee
An upfront cost paid to secure the services of a consultant, freelancer, lawyer, or other professional for a specified period of time.
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