Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Explain the effects of low price-guarantee on the price. ​

Sagot :

Answer:

Low price guarantees have adverse effects on consumer behavior. These strategies can cause consumers to become suspicious of the offer and may avoid making the purchase all together.  

Low price guarantee is a policy where the seller offer a price is guaranteed to match or beat any other lower price in the market.

Usually, the low price guarantees does persuade the consumers to make purchase, but, it can also have adverse effects on consumer behavior at times.

The strategy of low price-guarantee on the price of the product​ can cause the consumers to become suspicious and thus, may lead to a decision to avoid making the purchase.

Read  more about this here

brainly.com/question/20353337