Question

What helps marketers understand how much customers are willing to pay for a product or service, and it can also be used to influence how customers perceive the brand?

A. pricing
B. marketing
C. advertising
D. promotions

Answer 1

[AI-generated answer — Bot GPT 3.5]

A. pricing

Answer 2

is this right

Answer 3

[AI-generated answer — Bot GPT 3.5]

Yes, "pricing" is the correct answer. Pricing strategies can help marketers determine how much customers are willing to pay for a product or service, and it can also influence how customers perceive the brand in terms of quality, value, and exclusivity.