5.2k views
2 votes
What is penetration pricing?

User Kamen
by
5.1k points

2 Answers

7 votes

Answer:

lowering prices for lower market share

Step-by-step explanation:

something along those lines

User Stefano Driussi
by
4.6k points
4 votes

Step-by-step explanation:

Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering.

User Aelimill
by
4.2k points