A strategy of setting prices based on how customers develop their perceptions of value can often be the most effective pricing strategy,especially if the strategy
A) leads the marketer to being the low-cost seller.
B) is supported by consistent advertising and distribution strategies.
C) challenges consumers to discard their perceptions of value.
D) is consistent with a competitive target return strategy.
E) is measured against the competition.

Question

Quizplus · Accepted Answer

This strategy works well when it is supported by consistent advertising and distribution strategies, as these elements help to reinforce the perceived value in the minds of consumers.

A Strategy of Setting Prices Based on How Customers Develop