Which type of pricing aims to achieve long-term profitability by sustaining a high sales volume?

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Everyday low pricing aims to sustain a high sales volume by offering consistently low prices to consumers, which can lead to increased customer loyalty and repeat purchases. This strategy focuses on long-term profitability rather than short-term gains, making it a good choice for businesses seeking to build brand recognition and customer relationships over time. Skimming pricing and penetration pricing may be effective for generating short-term revenue, but they may not be as sustainable in the long run. Marginal cost pricing is a pricing method that sets prices based on the direct costs of producing and delivering a product or service, rather than considering factors such as competition or consumer demand. While this approach may be useful for some businesses, it may not be the best choice for achieving long-term profitability through sustained sales volume.

Which Type of Pricing Aims to Achieve Long-Term Profitability by Sustaining