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Sagot :
Spirit Airlines uses GOOD-VALUE pricing because they provide the ideal balance of high caliber and excellent service at a reasonable cost. The primary offering of the business is an airplane seat.
Value pricing is possibly the most essential pricing technique of all. This considers how valuable, significant, and useful your consumers consider your goods or services to be.
According to the pricing technique known as penetration pricing, manufacturers of new products set their prices extremely low in the hopes of luring consumers to buy them. Although penetration pricing enhances a company's market share, it can also result in the company making very little money.
Learn more about Penetration pricing here,
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