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🎃 Guessing prices during Halloween? Now that’s the real fright! 😱 💭 Ever noticed how the price of #Halloween candy creeps up as the 31st approaches, only to drop back down once the party’s over? Retailers know demand is at its peak for costumes, decorations, and treats, so they adjust 🏷️prices to match the Halloween rush, and then it’s back to discounts and clearance on November 1st. 🕸️ Another trick supermarkets use is dressing up standard products with Halloween-themed packaging and raising the price, like🦇 bat-shaped 🧄 garlic bread or spooky-labelled snacks, all with a seasonal price boost! But rather than relying on guesses,💡one helpful approach brands can use, is leverage consumer 📈 insights to make smarter decisions. Holiday season is a prime opportunity for using market simulations to explore the impact of seasonal pricing strategies.  🔎 With tools like #Promotion Lab, brands can experiment with various promotional tactics to find out which offers attract customers and provide the best value. 🔗 Find out more: https://lnkd.in/dux5KRsT 💬 What pricing tricks (or treats!) are you testing out this Halloween?

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