Penetration Pricing - penetration pricing

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Penetration Pricing | Business | tutor2u penetration pricing


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

Penetration pricing is a pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and initiate word of mouth.

Penetration pricing is a pricing strategy that is used to quickly gain market share by setting an initially low price to entice customers to purchase from.