Tiered Pricing

A pricing method used by sellers to segment the prices of their products and services based on specified target markets.

Deeper Insights

In order to find the true value of their products or services, sellers must regard the opinions of their customers first and foremost. Tiered and customized pricing does just that by allowing a seller to dissect customers into groups based on demand and optimize product prices to fit their appetite for purchasing.

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Related Keywords: Value-Based Pricing, Perceived Value, Psychological Pricing, Pricing Strategy