Popular with wholesalers and mass market retailers, what kind of pricing happens when products are priced for frugal consumers with companies bundling items, selling off-brand alternatives, and saving on expensive marketing campaigns?

(1 point)
Responses

premium pricing

premium pricing

price skimming

price skimming

economy pricing

economy pricing

market penetration pricing

1 answer

The kind of pricing that happens when products are priced for frugal consumers, with companies bundling items, selling off-brand alternatives, and saving on expensive marketing campaigns, is known as economy pricing.