Question: Are there any risks associated with prestige pricing strategy? Describe and provide examples.

Are there any risks associated with prestige pricing strategy? Describe and provide examples.

Step by Step Solution

3.49 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

P rest ige pricing is a strategy where a company prices its products or services high in order to co... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!