A discount pricing strategy could lead to a product or a service being perceived as low quality.

Name: A discount pricing strategy could lead to a product or a service being perceived as low quality.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

When a company discounts its products or services too often, customers may perceive it as low quality. They may start to wonder why the price is so low, assuming that it may be due to inferior quality. This can damage the brand's reputation and decrease customer loyalty.

A Discount Pricing Strategy Could Lead to a Product or a Service