Drip Pricing
- On 5th May, 2024, the Centre warned about “drip pricing”, saying it can surprise consumers with “hidden charges” and advised them to seek assistance if they encounter such surges in charges on a product's MRP (maximum retail price).
- Drip pricing is a marketing strategy where initially only a portion of a product or service’s total cost is shown.
- The full price is disclosed progressively as the customer moves through the purchase process.
- This strategy often involves concealing essential fees like taxes or booking fees, or excluding necessary add-ons such as internet access or amenities that are essential for the use of the ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 Regional Power Conference with North Eastern States
- 2 President Droupadi Murmu Visits Slovakia
- 3 Cabinet Committee on Security (CCS)
- 4 India VIX
- 5 SAARC Visa Exemption Scheme
- 6 DigiLocker
- 7 SEFCO-2025
- 8 Goods and Services Tax Appellate Tribunal (GSTAT)
- 9 Index of Industrial Production (IIP)
- 10 Tax Collected at Source
