Motivating consumers solely through price has several potential limitations.

Name: Motivating consumers solely through price has several potential limitations.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Motivating consumers solely through price can lead to a focus on short-term sales rather than building long-term brand loyalty, can diminish perceived value of the product or service, and may not be sustainable if competitors also engage in price wars, leading to reduced profit margins.

Motivating Consumers Solely Through Price Has Several Potential Limitations