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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.

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