Which pricing strategy is used to communicate a dramatic or temporary price reduction?
A) promotional pricing
B) value pricing
C) parity pricing
D) copy pricing
E) customary pricing

Question

Quizplus · Accepted Answer

Promotional pricing is used to communicate a temporary price reduction to entice customers to buy. This can include sales, discounts, and other promotional offers.

Which Pricing Strategy Is Used to Communicate a Dramatic or Temporary