Global pricing strategies are most suited to products targeted at affluent consumers and those with a technical edge.

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Global pricing strategies, such as using a standardized pricing approach across countries or adjusting prices based on local market conditions, are commonly used for products targeted at affluent consumers and those with a technical edge. This is because these consumers often value consistency and quality, and may be more willing to pay premium prices for products that meet their specific needs. Global pricing strategies may not be as effective for products targeted at more price-sensitive consumers or those with a more mainstream appeal.

Global Pricing Strategies Are Most Suited to Products Targeted at Affluent