What place does Pricing have in marketing?

Digital Marketing, Fiverr Social Media Marketing Exam Answers

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What place does Pricing have in marketing?

Options

· Different pricing levels can be tested to see what elicits the best consumer response

· Higher prices guarantee a higher revenue stream

· Marketing based on the pricing level relative to competition is important

· The company should actively market how much their products cost

The Correct Answer Is:

· Different pricing levels can be tested to see what elicits the best consumer response

Warming Up

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