For brands or products that have a high degree of brand loyalty, an effective pricing strategy would be

Name: For brands or products that have a high degree of brand loyalty, an effective pricing strategy would be
Brand: Quizplus
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Question

Quizplus · Accepted Answer

For brands or products that have a high degree of brand loyalty, an effective pricing strategy would be to use a skimming price strategy since consumers are loyal to the brand or product and are not willing to make substitutes.

For Brands or Products That Have a High Degree of Brand