A high\low pricing strategy relies on the promotion of sales, during which prices are temporarily reduced to encourage purchases.

Name: A high\low pricing strategy relies on the promotion of sales, during which prices are temporarily reduced to encourage purchases.
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Question

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A high/low pricing strategy involves setting high initial prices but promoting sales or discounts to encourage purchases. These sales or discounts are temporary and intended to create a sense of urgency among consumers.

A High\low Pricing Strategy Relies on the Promotion of Sales