Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Personal Selling and Sales Promotion

The pricing strategy for new product through which revenues are collected from segments willing to pay higher prices is classified as?

The pricing strategy for new product through which revenues are collected from segments willing to pay higher prices is classified as?

A. market skimming pricing
B. market penetration strategy
C. business line pricing
D. product line pricing

The pricing strategy for new product through which revenues are collected from segments willing to pay higher prices is classified as? Read More »

Marketing Mcqs, Personal Selling and Sales Promotion

The kind of pricing strategy in which one product or service is sold for two different prices without any differences in cost is classified as?

The kind of pricing strategy in which one product or service is sold for two different prices without any differences in cost is classified as?

A. segmented pricing
B. psychological pricing
C. promotional pricing
D. geographical pricing

The kind of pricing strategy in which one product or service is sold for two different prices without any differences in cost is classified as? Read More »

Marketing Mcqs, Personal Selling and Sales Promotion

The process of involving the pool of communities for idea building such as customers, employees and even public at large is classified as?

The process of involving the pool of communities for idea building such as customers, employees and even public at large is classified as?

A. crowdsourcing
B. internal sourcing
C. off sourcing
D. off shoring

The process of involving the pool of communities for idea building such as customers, employees and even public at large is classified as? Read More »

Marketing Mcqs, Personal Selling and Sales Promotion

Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as?

Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as?

A. price fixing
B. predatory pricing
C. price maintenance
D. discriminatory pricing

Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as? Read More »

Marketing Mcqs, Personal Selling and Sales Promotion

If customers perceive that price of product is greater than the value it provides to customer then the customer?

If customers perceive that price of product is greater than the value it provides to customer then the customer?

A. would get free products
B. would get discount
C. would buy product
D. would not buy product

If customers perceive that price of product is greater than the value it provides to customer then the customer? Read More »

Marketing Mcqs, Personal Selling and Sales Promotion