Start learning →

Product and price bingo

Exercise and reference answers

Clues and terms
  1. Clue
    Bought without planning.
    Item
    Convenience
  2. Clue
    Compared store to store.
    Item
    Shopping
  3. Clue
    No substitute accepted.
    Item
    Specialty
  4. Clue
    Nobody goes looking.
    Item
    Unsought
  5. Clue
    High price, then lower.
    Item
    Skimming
  6. Clue
    Low price to win share.
    Item
    Penetration
  7. Clue
    Priced under its cost.
    Item
    Loss leader
  8. Clue
    Two items, one price.
    Item
    Bundling
  9. 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._
Continue learning with Quill →

Browse more BBA Marketing questions and exercises →