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Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.

User Ahmad Hindash
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1 Answer

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  • The advantages of a pricing policy lies in its ability to make your product appealing to customers, while also covering your costs

  • The disadvantages of pricing strategies come into play when they are not successful, either by not sufficiently appealing to customers or by not providing you with the income you need.

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User ObjectNotFound
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