Question

Promotional pricing

Answer 1

Promotional pricing refers to temporary discounts or incentives offered by businesses to attract customers and increase sales. This can include limited-time sales, buy one get one free offers, or discounts for special events or holidays. Promotional pricing is often used as a marketing strategy to drive traffic to a store or website and encourage customers to make a purchase. It can help businesses generate buzz, create urgency for customers to buy, and build brand loyalty.