Business Studies, asked by Abcdefghijklmnopa, 1 year ago

What is mean by prestige in corporate sector

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Answered by ranjanbadola53
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Answer:

Prestige pricing is a marketing strategy that involves keeping a high price for a product or service to communicate high quality or luxury. It is a technique often employed for high-end products since low prices can be translated into low quality by target consumers.

Explanation:

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