Bait and switch pricing

Bait and switch pricing,

Definition of Bait and switch pricing:

  1. Illegal practice of baiting customers with unrealistically low prices to bring them into the store, and then trying to sell them higher-priced goods on the pretext that the advertised bargain-priced goods are sold out. Also called bait pricing.

Meaning of Bait and switch pricing & Bait and switch pricing Definition