Lowering prices temporarily to attract customers is called
A) promotional pricing.
B) prestige pricing.
C) occasional pricing.
D) temporary pricing.
E) spot pricing.

Name: Lowering prices temporarily to attract customers is called A) promotional pricing. B) prestige pricing. C) occasional pricing. D) temporary pricing. E) spot pricing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Promotional pricing is a strategy where prices are temporarily reduced to attract customers and boost sales.

Lowering Prices Temporarily to Attract Customers Is Called