Discounts for loyal consumers who purchase frequently. Discounts for exchanging a product that is similar. Cash discounts are rewards for paying with cash as opposed to credit. Discounts that encourage buying more of a single product are known as quantity discounts.
Which of the following pricing strategies places the greatest emphasis on giving the consumer value?
Value-based pricing is a method of setting prices that is mostly based on how much a consumer thinks a product or service is worth. Value pricing is customer-focused, which means that businesses set their prices in accordance with what consumers think a product is worth.
ALLOWANCES – Price discounts offered to channel participants, customers, or final consumers in exchange for performing or accepting less of a certain good or service.
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