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The reference price is important in high low pricing, as it makes consumers perceive that the product is a bargain when it is offered at a substantially lower price. For example, consider a product with a normal selling price of $15. A 50% discount is applied, resulting in a “low” price of $7.50.

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Key Takeaways: Food prices have increased by about 23% since 2020. Save on groceries by shopping at a value-focused grocery store. These 10 stores offer the most value for your money in 2024 ...While you may have heard the income gaps in the United States are getting larger, you might not know what earning level is considered low income. No matter where you live and how m...3. BizRate. BizRate is one of a few great price search engines from the company Connexity. With BizRate, you can easily search for the best price for the products that you want. On the homepage, there are popular categories you can search through, such as “Handbags and Luggage,” “Home Décor”, and “Men’s Shoes.”.A low-end Windows budget laptop starts at around $500. Models in this price range usually have a small SSD, a slower processor, and other compromises. Better models typically run $700 and up ...Synonyms for low-price include cheapness, inexpensiveness, affordability, uncostliness, competitiveness, reasonableness, keenness, lowness, low price and lowness in price. Find more similar words at wordhippo.com!

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