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CIPS A6 Exam - Topic 5 Question 90 Discussion

Q3 Which of the following best describes the pricing policy known as 'promotional pricing'? (2 marks)
C) A temporary price reduction to increase sales in the short term
A) A high price aimed at quick recovery of costs
B) A price in line with that being charged by competitors
D) A low price set to gain a large share of the market.

CIPS A6 Exam - Topic 5 Question 90 Discussion

Actual exam question for CIPS's A6 exam
Question #: 90
Topic #: 5
[All A6 Questions]

Q3 Which of the following best describes the pricing policy known as 'promotional pricing'? (2 marks)

Show Suggested Answer Hide Answer
Suggested Answer: C

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Dominga
4 days ago
I think it's C. Makes sense for sales.
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Alonzo
9 days ago
Totally agree with C! It's all about boosting those short-term sales!
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Valentin
14 days ago
C sounds good, but isn't it risky?
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Carman
19 days ago
Wait, I thought promotional pricing was just for clearance sales?
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Samira
25 days ago
I think B makes more sense for some businesses.
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Peggie
30 days ago
C is definitely the right answer!
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Florinda
1 month ago
C makes the most sense to me!
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Dalene
1 month ago
I thought it was more about long-term strategies, not just short-term boosts.
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Teddy
2 months ago
Wait, is promotional pricing really just a temporary thing?
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Ronnie
2 months ago
I agree, C is spot on!
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Cassie
2 months ago
It's definitely C, right?
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Margarett
2 months ago
I’m pretty confident that promotional pricing involves temporary discounts to boost sales, so C seems right to me.
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Leslie
2 months ago
I’m not entirely sure, but I feel like option D sounds similar to penetration pricing, not promotional pricing.
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Goldie
2 months ago
I remember practicing a question like this, and I think promotional pricing is more about short-term strategies rather than long-term pricing.
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Felice
4 months ago
I think promotional pricing is about temporary reductions, so I’m leaning towards option C.
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