TechTales Pvt. Ltd. is a well-known company engaged in manufacturing innovative educational gadgets for children. The company is in the process of developing a new product, a Smart Story Lamp, which allows parents to record bedtime stories and messages for their children when they are not at home. The device has a built-in voice recording and playback system - whenever the child switches on the lamp, the recorded message or story plays automatically, helping parents stay emotionally connected even in their absence. Although this product faces strong competition from different brands in the Indian market. The management of TechTales Pvt. Ltd. is considering a reasonable price strategy to reach customers who are currently using other brands. Identify the pricing strategy that the management is planning to adopt. State any two advantages of adopting this pricing policy for TechTales Pvt. Ltd. Suggest a better pricing strategy apart from the one identified to switch the customer from the other brands.