Set up several selling scenarios for the same product displaying different cues about the value of a

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Set up several selling scenarios for the same product displaying different cues about the value of a product (e.g., where it’s sold, whether it’s on sale), the motivation of the seller, prices of competitive products (external reference price) and other possibilities appropriate for your product. Ask several people what they would pay under the circumstance you’ve set up.
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Entrepreneurial Small Business

ISBN: 978-0078029424

4th edition

Authors: Jerome Katz, Richard Green

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