Saturday, September 15, 2018

Price decrimination

Price decrimination

Price discrimination is basically a strategy in pricing where the customers pay different price for the same product purchased or the services delivered. 

For example-
During holiday when people book tickets to go on a vacation every individual pays different price, if a person who has pre booked the ticket will pay different price and those who have booked it within few days will pay a higher price.

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