MANAGEMENT

Detailed explanation-1: -It helps to establish linkages between the business, accelerating economic activity, leading to higher incomes, more consumption, increased savings and investment.

Detailed explanation-2: -If a consumer believes they are getting a good deal, then lower prices can help get you the sale. On the other hand, low prices can also give the impression that the product is of low quality.

Detailed explanation-3: -Marketing campaigns can influence consumer behaviors because they elicit reactions, utilizing imagery and word associations tied to emotional responses. This article is for professionals and entrepreneurs who want to improve their persuasive ability in sales and business relationships.

Detailed explanation-4: -Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering.