Question

The R.C.Willey furniture store has a sale for Memorial day weekend that if you purchase products that come over $499 a 60" TV can be purchased for only $300. This sales practice is known as ________.

Answer 1

Answer:

The R.C.Willey furniture store has a sale for Memorial day weekend that if you purchase products that come over $499 a 60" TV can be purchased for only $300. This sales practice is known as bundling.

Explanation:

Here, the firm is selling two goods at a lower price, if the consumer has also brought a product, that is price tying, for it to be bundling, the firm would have made it mandatory to buy both the goods at a certain price.

Answer 2

Answer:

The correct answer is letter "C": bundling.

Explanation:

Bundling sales refers to marketing strategies by which one good is sold along with others usually offering the second at a discount price. The objective of this approach is to increase the company's sales moreover when a purchase has already taken place. Stores also use this practice to free items stored for long periods in their inventory.