Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
Discuss bestselling strategies, such as bulk pricing, repeat customer discounts, samples for testing, etc.
Employing a good selling strategy plays a significant role in motivating customers to make special efforts to purchase goods or sign up for ongoing business offers.
Selling strategies aim at enabling people to try out products and bring in new consumers, which boosts sales and profitability.
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