Examlex
Why is cooling down after exercise important?
Prestige Pricing
A pricing strategy where items are priced higher than normal to convey quality, exclusivity, or luxury to attract status-conscious consumers.
Below-market Pricing
The strategy of setting prices lower than the prevailing market rate to attract customers or gain market share.
Penetration Pricing
A marketing strategy where a product is priced lower than the competition to gain market share rapidly, with the potential to increase prices later.
Below-market Pricing
Setting the price of a product or service lower than the prevailing market rates to attract customers or gain market share.
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