Product-quality dyad with real-life examples

Many consumers use price as an indicator of quality. Higher quality cars are likewise perceived to be higher priced than they actually are. Some brands adopt exclusivity and scarcity to signify uniqueness and justify premium pricing.Write the following product-quality dyad with real-life examples

Price-quality Strategy Discussion Implication with real-life marketing examples

Premium Strategy

Good-ValueStrategy

Overcharging Strategy

Economy Strategy