Question: How does the Good - Better - Best ( GBB ) pricing strategy align with consumer psychology, and what implications does this alignment have for

How does the Good-Better-Best (GBB) pricing strategy align with consumer psychology, and what implications does this alignment have for product value perception and purchase decision-making? How does this approach help in targeting different customer segments with tailored value propositions? Analyze the potential impact of adopting a GBB pricing strategy on brand perception and loyalty using a specific company as an example. Consider both positive outcomes and potential pitfalls.

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