Promotional pricing is one of the most powerful sales strategies there is. Prices can be reduced by a percentage amount for a limited duration and an item is therefore deemed to be in a Sale. This helps to increase the demand for the product from price sensitive consumers. Many businesses will offer promotional pricing as a sales incentive when initially launching a particular product line.
Why Use Promotional Pricing?
Posted by
Moira McCormick on July 5, 2016
Topics: Pricing Strategy, Promotions