Penetration pricing strategy

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Jul 20, · Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service. Penetration pricing includes presenting a low price for a .

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Penetration Pricing Strategy by Dana Griffin; Updated March 21, Go deep with low prices and gain new customers, but be careful that you don't lose profits.

Penetration pricing strategy consider

Aug 13, · Market penetration pricing refers to a strategy in which the price of a product is set low following its introduction in the market. Once the product has found a market segment, the business raises prices to a more reasonable and expected level/5(11).


Penetration pricing is a strategy used by companies that are entering a competitive market and need to quickly get consumer recognition and gain market share. The hope is to acquire customer.
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