What is the maximum price strategy?
I am trying to understand the maximum price strategy. I want to know how it works, when it is most effective, and how it can be applied in a business setting to maximize profits.
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?