How do concept such as psychological pricing and reference pricing apply to the marketing strategy?

TedDuda Economics Supervisor
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What is a quantity-pricing strategy?

A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.

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What is a price skimming strategy?

Price skimming is setting a high price for an item and then lowering the price over time. This is used on products that are in short supply with high demand.

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