________ provides value by sharing with consumers the cost savings that the company has achieved by reducing the cost of providing the service
A) Satisfaction-based pricing
B) Reference pricing
C) Relationship pricing
D) Perceived pricing
E) Efficiency pricing

Question

Quizplus · Accepted Answer

Efficiency pricing is a strategy that provides value to customers by sharing the cost savings that a company has achieved by reducing the cost of providing the service. This pricing strategy reflects the company's efficiency in delivering services and is likely to be perceived positively by customers.

________ Provides Value by Sharing with Consumers the Cost Savings