janahiac09
07.04.2020 •
Business
Cassie is going to join a gym because new membership is very cheap. When she gets there, she discovers that there are added costs for towels, classes, and lockers. Although the final price is much higher than she originally believed, she still signs up. The gym has just used the strategy to get Cassie to buy a membership.
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Ответ:
Available options are:
a. Normative influence
b. Door-in-the-face
c. Foot-in-the-door
d. Lowballing
Option D. Lowballing Strategy
Explanation:
Lowballing strategy is when an organization advertises its low cost product or service and doesn't advertises the hidden costs to attract customers. The customer when interacts the company the sales team most likely make sales due to their experience. Such type of marketing products is common in printers whose cost is kept low whereas the tuner price is kept high which helps them to earn profit.
Ответ:
The answer is: The firms total revenue would increase.
A product would be categorized as 'inelastic' if the change in price of the product wouldn't affect the number of demand that the sellers receive for the products much.
Because of this, increasing the price of the products would most likely resulted in an increase in revenue. Usually, inelastic products tend to be the ones that considered as basic necessities such a foods, gas, oil, clothing, etc.