‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is the practice of charging a low price right down from the beginning to stimulate the growth of the market.

Related MCQs

• ……………………pricing means assigning a low price tag for a product and providing the benefits of low-cost mass production to the customers.
• Introducing a product at low price and increasing the price once the brand succeeds is known as …………. Pricing.
•   pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.
• When a firm sets a very low price for one or more of its products with a view to drive its competitors out of market is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• The process of setting a low initial price for attracting a large number of buyers quickly to cover a large market share is known as
• All marketing activities that attempt to stimulate quick buyer action or immediate sales of a product are known as ______________________
• All marketing activities that attempt to stimulate quick buyer action or immediate sales of a product are known as ______________________
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ price refers to the high initial price charged when a new product is introduced in the market.
• _________________________ outline the planned price, marketing budget, distribution and describe the target market, planned product positioning, profit goals, market share, sales for the first few years.
• The practice of selling two or more separate products together for a single price is