I recently encountered the term 'phantom pricing' and I'm curious to understand what it actually means. Could someone explain the concept of phantom pricing and how it works in the realm of pricing strategies?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    GeishaWhisper
    Thu Dec 12 2024
   
  
    Phantom pricing is a misleading marketing technique employed by some companies.
  
  
 
            
            
  
    
    henry_rose_scientist
    Wed Dec 11 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services beyond just trading.
  
  
 
            
            
  
    
    Martino
    Wed Dec 11 2024
   
  
    This practice involves advertising a product with an inflated original price.
  
  
 
            
            
  
    
    KpopMelody
    Wed Dec 11 2024
   
  
    The intention is to make the discounted sale price appear more attractive.
  
  
 
            
            
  
    
    PulseRider
    Wed Dec 11 2024
   
  
    Consumers may be deceived into believing they are getting a significant deal.