Question
Rolls-Royce cars, Chanel perfume, and Tiffany jewelry would most likely benefit from which type of pricing?
Multiple choice question.
bundled
penetration
odd-even
prestige
Multiple choice question.
bundled
penetration
odd-even
prestige
Answers
GPT-4o mini
Rolls-Royce cars, Chanel perfume, and Tiffany jewelry would most likely benefit from **prestige pricing**. This pricing strategy involves setting prices high to reflect the brand's luxurious and exclusive nature, appealing to consumers seeking status and quality.