A marketer sometimes uses temporary price reductions to
A) increase the number of competitors.
B) gain market share.
C) decrease volume sold.
D) increase revenue per item.
E) control demand.

Question

Quizplus · Accepted Answer

Temporary price reductions are often used by marketers to gain market share by attracting new customers and encouraging existing customers to make a purchase. By offering a lower price, customers are more likely to choose their product over a competitor's. This can lead to increased sales and an improved market position for the company.

A Marketer Sometimes Uses Temporary Price Reductions to