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Which group benefited from Peter the Great's cultural reforms?
Premium Pricing
A strategy where goods or services are priced higher than the market average to create a perceived value of higher quality or exclusivity.
Odd Pricing
A pricing strategy that involves setting prices just below round numbers (e.g., $9.99 instead of $10) to make products appear cheaper to consumers.
Gray Market Activity
The trade of a commodity through distribution channels that, while legal, are unofficial, unauthorized, or unintended by the original manufacturer.
Luxury Watches
High-end, often expensive timepieces that are considered a symbol of status and craftsmanship, combining precision in timekeeping with elaborate design and materials.
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