Product Bundling Pricing: Sellers often bundle products and features. Pure bundling occurs when a firm only offers its products as a bundle. In mixed bundling, the seller offers goods both individually and in bundles. When offering a mixed bundle, the seller normally charges less for the bundle than if the items were purchased separately. An … Read more

Predatory pricing is the practice of selling a product or service at a very low price, intending to drive competitors out of the market, or create barriers to entry for potential new competitors   Yield Pricing: Hotels and airlines use yield pricing, by which they … Read more

A style basically  is a particular kind of a fashion, sort, or type, as with  reference to form, appearance, or character.      A fad is a practice or interest followed for a time with exaggerated  zeal. The nature of fad is individual. It could be called as a like in a guy … Read more

Need: Is something that is ESSENTIAL for a living (a good or service that you need for survival) examples: Shelter, clothing & clean water A want: Is something that you would like to have but it is not essential for living (a good or a service that if you don't have it, you would still … Read more