___________Western Day was a special day at the office. Janice wanted to dress in the latest western fashion, but she had limited funds. She visited several shops before finding the right outfit. For Janice, what type of product is the clothing? a. Specialty product b. Major equipment c. Industrial product d. Shopping product e. Convenience product
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
___________Western Day was a special day at the office.
Janice wanted to dress in the latest western
fashion, but she had limited funds. She visited
several shops before finding the right outfit. For
Janice, what type of product is the clothing?
a. Specialty product
b. Major equipment
c. Industrial product
d. Shopping product
e. Convenience product
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