One marketing strategy that can be used to avoid raising prices is to shrink the amount of product.

Question

Quizplus · Accepted Answer

This strategy is known as downsizing, where the amount or size of the product is decreased, but the price remains the same. It is a way to maintain the profit margin without passing on the increased costs to the customers. However, it can be perceived negatively by the customers if they notice the decrease in size, and it may affect brand loyalty and reputation.

One Marketing Strategy That Can Be Used to Avoid Raising