Introducing a product at low price and increasing the price once the brand succeeds is known as …………. Pricing.

Related MCQs

• The optional-feature pricing, captive-product pricing, product-bundling pricing and byproduct pricing are considered as the techniques of
• ……………………pricing means assigning a low price tag for a product and providing the benefits of low-cost mass production to the customers.
• The product mix pricing technique through which companies develop product lines for pricing instead of single products is classified as
• ---------- refers to duplicating the brand image of one product of promote another product of the same brand.
•   pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.
• The firm uses any existing brand to introduce in market as a new product brand is classified as
• The firm uses any existing brand to introduce in market a new product, the brand is classified as:
• The strategy of introducing new product in existing market is classified as
• The use of price points for reference to different levels of quality for a company's related products is typical of which product-mix pricing strategy?
• Brand loyalty indicates customer’s ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ towards the brand.