Which pricing strategy involves deliberately setting an artificially high 'regular' price, then offering a product at a discount to create the perception of significant savings?

Pricing strategies are fundamental to retail success, influencing consumer perception, market positioning, and profitability. Different strategies serve various purposes - from maximizing market share to enhancing brand prestige. This trivia question explores a specific pricing approach that many successful retailers have employed to stimulate sales and create perceived value. Can you identify the correct strategy from its description?

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Price skimming
Anchor pricing (price anchoring)
Penetration pricing
Bundle pricing