Business Studies, asked by ankalachaitanya, 6 months ago

what is promotional pricing?​

Answers

Answered by Priyanka0213
3

Explanation:

price promotion is a marketing technique wherein the price of a product is kept reduced for a short period to build customer loyalty and swell sales volume, and then increased later on.

Answered by Anonymous
33

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What is promotional pricing?

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The act of offering a lower price temporarily in order to enhance the effectiveness of product sales efforts to cost sensitive consumers. For example, many businesses will offer promotional pricing as a sales incentive when initially launching a particular product line to potential consumers.

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