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Psychological pricing (also price ending or charm pricing) is a pricing and marketing strategy based on the theory that certain prices have a psychological impact. In this pricing method, retail prices are often expressed as just-below numbers: numbers that are just a little less than a round number, e.g. $19.99 or £2.98. [ 1 ]
The term "Net Lease" is tossed around loosely in the net lease industry, often used when referring to a triple or double net lease; [citation needed] however, there is a definite distinction between a triple net and a double net lease even though some brokers erroneously use the term "Net Lease" to describe both.
Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. [2] Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for ...
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
All of the terms in this category precede a common three-letter noun (hint: the word typically refers to a small container that's used for drinking). Related: ...
A Missouri couple has been charged with child abuse after police claim they performed a circumcision on a child at their home despite not having the medical training to do so.
From the marketer's point of view, an efficient price is a price that is very close to the maximum that customers are prepared to pay. In economic terms, it is a price that shifts most of the consumer's economic surplus to the producer. A good pricing strategy would be the one that could balance between the price floor (the price below which ...
Two men "brutally attacked and killed" a friend after wrongly accusing him of stealing a bank card. Jonathan Hutty, 49, was "violently assaulted" and found with a severe head injury inside a flat ...