ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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List the types of price adjustment strategies.
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Discounts
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Segmented pricing
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Market skimming pricing
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Promotional pricing
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Dynamic pricing
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Explanation:
Detailed explanation-1: -Dynamic pricing based on groups. Dynamic pricing based on time. Cost-plus pricing. Competitor-based pricing. Value-based pricing (price elasticity) Price skimming. Bundle pricing. Penetration pricing.
Detailed explanation-2: -There are six price adjustment strategies in marketing.
Detailed explanation-3: -What are the 4 major pricing strategies? Value-based, competition-based, cost-plus, and dynamic pricing are all models that are used frequently, depending on the industry and business model in question.
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