All of the following are psychological techniques except
A)customary pricing.
B)bundle pricing.
C)reference pricing.
D)odd-number pricing.
E)price skimming.

Question

Quizplus · Accepted Answer

Price skimming is a pricing strategy used by companies when introducing new products, where the price is initially set high and may be lowered over time, not a psychological technique. Psychological pricing techniques, like customary, bundle, reference, and odd-number pricing, are designed to influence consumers' perception of price to make a product more attractive.

All of the Following Are Psychological Techniques Except