Product and price bingo
Exercise and reference answers
- Clues and terms
- Clue
- Bought without planning.
- Item
- Convenience
- Clue
- Compared store to store.
- Item
- Shopping
- Clue
- No substitute accepted.
- Item
- Specialty
- Clue
- Nobody goes looking.
- Item
- Unsought
- Clue
- High price, then lower.
- Item
- Skimming
- Clue
- Low price to win share.
- Item
- Penetration
- Clue
- Priced under its cost.
- Item
- Loss leader
- Clue
- Two items, one price.
- Item
- Bundling
- Clue
- Eight to twelve talk.
- Item
- Focus group
- Instructions
- Read each clue and tap the term it describes.
Explanation
_Source: OpenStax Introduction to Business, Chapter 11, Creating Products and Pricing Strategies to Meet Customers' Needs._