Rolls-Royce cars, Chanel perfume, and Tiffany jewelry would most likely benefit from which type of pricing?

Question

Multiple choice question.

bundled

penetration

odd-even

prestige

Answer 1

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.