Question

Major pricing strategies do not include ______.

• A. Competition based pricing
• B. Customer value based pricing
• C. Cost based pricing
• D. Discount and bonus pricing

Answer 1

The correct option is D Discount and bonus pricing

Here are some of the various strategies that businesses implement when setting prices on their products and services.

• Pricing at a Premium. With premium pricing, businesses set costs higher than their competitors.
• Pricing for Market Penetration.
• Economy Pricing.
• Price Skimming.
• Psychology Pricing.
• Bundle Pricing.