Stephen offers discounts on his product, explaining that the savings are due to prelaunch discounts.This is an example of what bootstrapping strategy?
A)product testing
B)pilot studies
C)penny pinching
D)customer acquisition

Question

Quizplus · Accepted Answer

Penny pinching involves using creative ways to save money and reduce expenses, which is what Stephen is doing by offering discounts to acquire customers.

Stephen Offers Discounts on His Product, Explaining That the Savings