One danger of using price discounts to close a sale is that the customer may seek further discounts in the future.

Name: One danger of using price discounts to close a sale is that the customer may seek further discounts in the future.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Offering price discounts can create an expectation of discounts in the future, leading customers to hold out for a better deal and reducing the perceived value of the product or service. This can result in a cycle of discounting that harms profitability and brand image.

One Danger of Using Price Discounts to Close a Sale