Today, many marketers are attempting to reduce the use of frequent short-term price reductions.Which strategy would likely accomplish this objective?
A)Everyday low prices
B)Bundle pricing
C)Reference pricing
D)Customary pricing
E)Odd-even pricing

Question

Quizplus · Accepted Answer

By implementing everyday low prices, the brand can avoid the need for frequent short-term price reductions. This strategy involves offering consistently low prices to customers without the need for temporary price reductions. This can help to build customer trust and loyalty by offering transparent pricing that is not influenced by short-term promotions. Additionally, this strategy can reduce the need for constant promotional activity, which can result in cost savings for the business.

Today, Many Marketers Are Attempting to Reduce the Use of Frequent