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Prestige Pricing
A pricing strategy where goods are priced high to present a perceived value of exclusivity and luxury.
Talbots Label
Talbots Label is a brand focusing on classic women's clothing, shoes, and accessories, known for offering timeless pieces with a modern twist.
Penetration Pricing
Setting a low initial price on a new product to appeal immediately to the mass market.
Price-sensitive Market
A market characterized by consumers who are highly responsive to changes in the price of goods and services.
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