answersLogoWhite

0

A sticky payment refers to a financial transaction or pricing model that is resistant to change, often remaining the same despite fluctuations in market conditions or consumer behavior. This can occur in various contexts, such as subscription services where users continue to pay a fixed amount despite changes in perceived value, or in contracts where pricing is locked in for a specific period. Sticky payments can contribute to customer loyalty but may also hinder businesses from adjusting prices in response to cost increases or market demands.

User Avatar

AnswerBot

2w ago

What else can I help you with?