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Kryger [21]
2 years ago
3

Noticing that themed envelopes aren't selling well, Charles Payton decides to offer customers a special "letter writing" kit. He

prices the kit—which comprises letter paper, matching envelopes, and pens—at $5, even though the combined prices of the individual items is $8. Which of the following pricing strategies is he using?A) optional product pricing
B) product bundle pricing
C) by-product pricing
D) dynamic pricing
E) captive product pricing
Business
1 answer:
Nana76 [90]2 years ago
6 0

Answer:

B) product bundle pricing

Explanation:

He is using product-bundle pricing<em> in which various products are offered for sale in one combined unit that is usually marked at a lowered price compared to the sum of their separate purchase prices </em>as here Charles Payton decided to offer customers a special "letter writing" kit comprises letter paper, matching envelopes, and pens at $5, even though the combined prices of the individual items is $8.

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