asked 5.2k views
2 votes
What is penetration pricing?

asked
User Kamen
by
8.9k points

2 Answers

7 votes

Answer:

lowering prices for lower market share

Step-by-step explanation:

something along those lines

answered
User Stefano Driussi
by
7.7k 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.

answered
User Aelimill
by
7.2k points
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