The more experience the customer has with a product, the more he or she relies on external reference prices.

Name: The more experience the customer has with a product, the more he or she relies on external reference prices.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

More experienced customers tend to rely less on external reference prices because they have developed their own internal reference or standard for what the product should cost based on their past experiences and knowledge.

The More Experience the Customer Has with a Product, the More