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As customers interact with businesses in a real-time, always evolving competitive environment, they have to implement decisions with adaptive precision and run algorithmic experimentation at granular scale. This is famously called psychological pricing or charm pricing. market basket analysis.
Ten new product pricing strategies that work. At the same time, defining your new product pricing strategy is exciting for a very different reason. High prices generate higher per-unit margins but may constrain top-line revenue. New product pricing strategies should be tailored to your unique business.
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