Answer:
Market penetration pricing
Step-by-step explanation:
Market penetration is a competitor strangulation pricing strategy employed by the supplier of a new product into an already saturated market in order to gain an unfair advantage by selling at a very low price during initial outing of the product to attract customers so as to gain a large market share.
Market penetration strategy helps in creating awareness for the product and makes customers to want to try it with minimum cost.