anandit

Elaborate the Discount levels in Perceived price and Imagery?

Can you explain the Perceived price and Imagery concept of Discount levels?

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techy

"Discount levels: Docsity.com Advertisements indicating discount levels can be framed variously, and their effectiveness varies across formats; Where advertisements are framed as stating the minimum discount level (like, Save 5% or more), consumer’s shopping intentions are less favorable than advertisements that state the maximum discount level (Save up to 30%). The effectiveness of advertisements that specify the maximum discount level (Save up to 30%)., either equals or exceeds the effectiveness of ads stating a tensile discount range (save 5 to 30%.) Further, when across a product line, says soaps, varying levels of savings are advertised, (5% off on Lux, 10% off on Liril, and 15% off on Dove), the maximum discount level would be the most effective as a store traffic builder as it would influence the consumers' perceptions of savings. Source: http://in.docsity.com/en-docs/Consumer_Needs_and_Involvment_-_Consumer_Behavior_-_Solved_Quiz_"

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freddye

"Pertaining to standard with-floor syndication programmes, entrepreneurs employ harmonized geographic examination marketplaces or maybe fake check marketplaces setting prices. A couple of “away from-monetary value” stores employ modern reductions relying on any time this standard will be on the shelf. Special discounts boost since the time in stock increases. That modern price reduction process, as it possesses constraints (age.gary the gadget guy., client confusion, time needed to relocate several products), lessens income cutbacks by using the grocery store reaction to particular solutions to discover the genuine price to people. "

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