A newly opened seafood restaurant advertises various deals on meal packages and special prices on dinner packages to attract customers. This is an example of _____ pricing.

Question

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Promotional pricing is a strategy where a business temporarily reduces the price of a product or service to attract customers and increase sales, which aligns with the restaurant's approach of offering deals and special prices to draw in customers.

A Newly Opened Seafood Restaurant Advertises Various Deals on Meal