Pricing Strategy Name/Term?? I don’t agree with it, but my competitors do it, but I don’t know what it is called?

Pricing Strategy Name/Term?? I don't agree with it, but my competitors do it, but I don't know what it is called? What is it called when you set the "retail price" higher than you want to sell a product at, then set the "sale price" at what you want to sell it? Example: I want to sell a baseball for $20. I set the regular price to $40 with a 50% discount. $40 Save 50% and get it for $20!! I want to research the effectiveness of such underhanded tactics, an...

Visit Direct Link

You Might Also Like

Post comment