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 GoodBetterBest GBB pricing strategy align with consumer psychology, and what implications does this alignment have for product value perception and purchase decisionmaking? 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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