ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not a promotional pricing technique?
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special event pricing
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discount pricing
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longer warranties
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free servicing
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Explanation:
Detailed explanation-1: -Promotional pricing is a pricing method where a company temporarily reduces the price of a product or service in the interest of quickly driving sales. In many cases, those deals and discounts are supported by dedicated promotional materials or marketing campaigns.
Detailed explanation-2: -What is an example of promotional pricing? Promotional pricing can take various forms. For instance, discounts, flash sales, seasonal sales, coupons, gamified promotions, etc., are all examples of promotional pricing.
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