In what pricing strategy a new product is offered for a heavily discounted price (or free)to attract more customers?
A)introductory offer
B)skimming
C)customer-led pricing
D)psychological pricing

Question

Quizplus · Accepted Answer

An introductory offer is a pricing strategy where a new product is offered for a heavily discounted price or sometimes even for free to attract more customers. This is done to get customers to try the product and create interest in it. It is often used in the early stages of a product launch to create buzz and generate awareness among potential customers.

In What Pricing Strategy a New Product Is Offered for a Heavily