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premium pricing, penetration pricing, economy pricing, psychological pricing, and promotional pricing

To post your Journal, click on the link above and respond to the Journal question within the \”write submission\” textbox. For detailed information on how to submit your assignment, go to the Submission Instructions page.

Identify an example of each of the following terms: premium pricing, penetration pricing, economy pricing, psychological pricing, and promotional pricing. Describe a time when you decided against purchasing something that was priced the lowest. What factors went into your decision to pay the higher price? For what product would these factors not influence your purchase decision?

Your journal entry must be at least 200 words. No references or citations are necessary.





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