Some strategies for managing low price sensitivity include:
1. Value-based pricing: This involves setting prices based on the perceived value of a product or service to the customer, rather than on the cost of the product or service.
2. Differentiation: Offering unique features or benefits that competitors do not offer can help justify a higher price.
3. Branding: A strong brand can command a higher price because customers perceive the brand as high quality and are willing to pay more for it.
4. Bundling: This involves selling multiple products or services together at a price that is lower than if the customer purchased each item separately. This can increase the perceived value of the offer and reduce price sensitivity.
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