Alec started selling his photobook at $25 and it was not selling. He decides to list his photobook at a $200 price point, even though most photobooks are around $50 and sales rapidly increased. Alec's goal was to have people perceive his book as high quality. This is an example of which pricing strategy? Status Pricing O Prestige Pricing Penetration Pricing Preferred Pricing Conspicuous Pricing
