PenetrationPricingallowscompaniestopenetrateamarketbyofferinglowerpricesthantheircompetitorsforaspecificperiodoftime.,Thehopeofusingapenetrationpricingstrategyisthatyou'llcreatebrandloyalty&increasewillingnesstospendmoredowntheroad.,Penetrationpr...
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Penetrationpricingiswhenbusinessesintroducealowpricefortheirnewproductorservice.Theinitialpriceundercutscompetitors,forcingthemtomatch ...
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