Question: A cloud storage company offers two plans: Basic Plan: 5 0 GB of storage for $ 5 / month . Premium Plan: 2 0 0
A cloud storage company offers two plans:
Basic Plan: GB of storage for $month
Premium Plan: GB of storage plus advanced features for $month
The company uses versioning to appeal to different types of customers. Which of the following best describes the company's strategy?
Question options:
Offering two unrelated products at different prices.
Offering different versions of the same product to appeal to different customer needs and willingness to pay.
Bundling the Basic and Premium plans together for a higher price.
Charging different prices for the same product based on customer identity eg student discounts
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