A computer store regularly advertises a very low price for a well-known brand of computer monitor.When the customers come in,however,the salespeople point out the disadvantages of this particular brand and try to persuade them to buy other computer monitors at much higher prices.This retailer is using
A)bait pricing.
B)odd-even pricing.
C)psychological pricing.
D)leader pricing.
E)price lining.

Question

Quizplus · Accepted Answer

Bait pricing is setting some very low prices to attract customers but then trying to sell more expensive models or brands once the customer is in the store.

A Computer Store Regularly Advertises a Very Low Price for a Well-Known