Trendsetter Inc.manufactures self-branded women's sportswear.The label has become synonymous with style and quality.A simple tank top with the Trendsetter label costs $48.Similar tank tops are also available at regular stores for $5 each, but without the Trendsetter label.What kind of demand-oriented approach to pricing is being used by Trendsetter Inc.to market the tank tops?
A) experience curve pricing
B) target market share pricing
C) demand-backward pricing
D) prestige pricing
Correct Answer:
Verified
Q22: Live 'n' Homes, a company that manages
Q23: Most consumers believe that the higher the
Q24: Value pricing is the:
A)ratio of perceived benefits
Q26: A manufacturer using _ is setting a
Q28: Sails Ahoy, a small company that makes
Q30: Seasonal discounts are used by firms to
Q31: The manufacturer of a new variety of
Q32: Marthey and Lawrey's Inc.is a manufacturer of
Q151: Setting the highest initial price that customers
Q177: Odd-even pricing is most closely related to:
A)retailers'
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents