YUFANGBO
The first one is to set the initial price high followed by a lower price at a later stage, in order to build up a high-quality image. The company can make high profits from customers  Question :Is the meaning of the section above the same as the part below?↓ For example, when a product is first released, and the initial price is high, Some people may think:‘’I guess the product is expensive because of it's good quality." However, if many people come to think so, and the price of the product suddenly drops, a lot of consumers may think that "it's a rare opportunity to buy this product cheaply" and buy it impulsively.so the company can make high profits from them.
May 14, 2025 9:08 AM
Answers · 1
In short, yes. The first section in your post is the basic idea of one method, and the second part of your post is essentially an elaboration (further explanation) of that basic idea.
3 hours ago
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