This is a convenient product and people will never remember about the price but if they follow the price skimming strategy then people will take this one negatively.
Loss leader: they don’t need to follow such price strategy to penetrate the market this is a highly competitive market so if anyone sell good products here and if they offer a really low price then they don’t need to follow the loss leader strategy
psychological pricing: they should do psychological pricing because it is really effective and customers get convinced after watching pricing like this. Let’s say a product which will cost a customer around 1000 dollars but if the seller reduce the product’s price 1dollar then it will be 999 dollar and it will make a great