Examlex
__________ involves operating computer networks that can store and process data to extract hidden information from large databases such as households' product purchases,TV viewing behavior,and responses to coupon or free-sample promotions.
Premium Item
A premium item is a product or service offered at a higher quality and price point, often perceived as being of higher value than standard offerings.
Price-insensitive Product
Products for which demand remains relatively constant regardless of changes in price, often due to unique attributes or lack of substitutes.
Product-line Pricing
A marketing strategy where a company sets different price points for various products in the same product line based on features, materials, or other value points to target different consumer segments.
Product-line Pricing
A marketing strategy that involves setting different prices for various items in a product line based on their features, costs, or market demand.
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