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प्रश्न
Discuss the pros of Penetrating Pricing Policy.
उत्तर
- Increased market share: By aggressively pursuing the market, companies can secure a larger portion of the market share.
- Revenue Growth: A higher sales volume directly leads to increased revenues, which can be reinvested in further growth initiatives.
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संबंधित प्रश्न
It is also known as 'going rate pricing' or competition based pricing.
______ price refers to the high initial price charged when a new product is introduced in the market.
Setting a price below than that of the competition is called ______.
Selling price = Total cost per unit + Desired profit per unit is the formula to fix prices under which Pricing Strategy?
Factors which do not influence price determination is ______.
"Competition based pricing is ideal for non-branded products." Comment.
Skimming pricing policy is ideal for introducing a product in the FMCG sector. Justify for or against.
What is penetrating pricing?
What pricing strategy will be used to launch shampoo?
"Penetrating pricing leads to setting a high initial price". Comment
