What is phantom pricing?
I recently encountered the term 'phantom pricing' and I'm curious to understand what it actually means. Could someone explain the concept of phantom pricing and how it works in the realm of pricing strategies?
How does zone pricing work?
Zone pricing is a pricing strategy where different prices are charged for products or services based on the geographical location or zone. I want to understand how this pricing method functions, including how zones are determined and how prices vary across these zones.
What is bump up price?
I recently encountered the term 'bump up price' and I'm not quite sure what it means. Could someone explain to me what a bump up price refers to, and possibly provide some examples or contexts where it might be used?
What is the razor pricing strategy?
I'm interested in learning about the razor pricing strategy. Could you explain what it is and how it works in the context of business and marketing?
Which of the following is an example of freemium pricing?
Excuse me, could you please clarify for me which one among the given options is a clear illustration of freemium pricing? I'm particularly interested in understanding how this pricing model operates in the context of digital products or services, where a basic version is offered free of charge, while more advanced features or additional functionality is available for a fee. Could you kindly highlight the specific example that aligns with this definition?