Ask Question
26 March, 16:26

When the swiss watchmaker tag heuer raised the average price of its watches from $250 to $1,000, its sales volume jumped sevenfold. the likely cause of this volume increase is?

+1
Answers (1)
  1. 26 March, 16:42
    0
    Prestige pricing makes items seem more exclusive and desirable. There may be many watches available at lower prices, so higher prices add an element of pride when owning a certain brand.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When the swiss watchmaker tag heuer raised the average price of its watches from $250 to $1,000, its sales volume jumped sevenfold. the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers