Advertisements
Advertisements
Question
"Penetrating pricing leads to setting a high initial price". Comment
Solution
No. Penetrating pricing leads to setting a low initial price.
APPEARS IN
RELATED QUESTIONS
Which pricing strategy involves charging according to their competitors?
______ is the most common method used for pricing.
Under this Pricing Strategy, a business firm adjusts its own price policy in accordance with general pricing structure in the industry.
______ determines the sales volume and the profit margins.
Give two conditions under which parity pricing is desirable.
"Competition based pricing is ideal for non-branded products." Comment.
Give one difference between skimming pricing and penetrating pricing.
What is Cost plus pricing policy?
What is penetrating pricing?
Discuss the cons of Penetrating Pricing Policy.