The charm pricing strategy often leads to increase in the sales even though there is no big difference in the pricing of the same product at two different stores.
<h3>What is pricing strategy?</h3>
A strategy that determines the pricing of the goods or services being offered for sale to attract more customers and drive the sales of an organization is known as a pricing strategy.
Charm pricing is such kind of strategy, where the pricing of the product is kept nearest to the closest number, which creates a psychological attraction in the minds of the consumer that he is paying less for such product.
Thus, in the above case, the price of jacket at $149.90 drives more sales than when it is kept as $150 due to the charm pricing strategy.
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1. A Car
2. Speed
3. Either A or D
4. A
5. D
Frrr food and hope this helps
Answer:
The first time I drove my uncles 1962 black Chevrolet corvette with red velvet seats, I felt honored. It was the best feeling to have my hands on the wheel, finally steering. I was driving down an old back road with the wind blowing. It was approximately 78 degrees outside. But none of that mattered at the moment, it was all about what I would do after I pulled back in the driveway.
As I turned on my turning signal. My uncle stood on the porch and greeted me. He told me that he'd been expecting me to wreck or chip the paint. I laughed in amusement at him not having enough faith in me. Life is but a breeze so we need to learn how to live it correctly. I'm glad my first time driving wasn't as chaotic as he assumed it would've been.
Explanation:
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