Constantly reduced prices can erode a brand's value in the eyes of customers.

Name: Constantly reduced prices can erode a brand's value in the eyes of customers.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

When a brand constantly reduces its prices, customers may start to perceive it as a low-value brand, which can ultimately harm the brand's reputation and image. It can also create an expectation among customers that the brand will always offer discounted prices, which can make it hard for the brand to charge full price in the future.

Constantly Reduced Prices Can Erode a Brand's Value in the Eyes