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Penetration Pricing
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Published on Dec 06, 2015
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1.
Penetration Pricing
by Jack,Aidan Torin
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BlueRidgeKitties
2.
Penetration Pricing
The aim is to increase market share.This enables the company to increase the price.
Photo by
brewbooks
3.
Penetration picing is used to launch a new product
Photo by
kevin dooley
4.
Lower than the established price
Introductary offer
Photo by
Jeff Kubina
5.
Advantages
Lower cost
More revenue
Makes potential customers aware of the product
Photo by
psyberartist
6.
Disadvantages
Customers may not continue to shop at business
Less profit per unit sold
Customers may not bother buying the product when its at normal sale price
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fo.ol
7.
Example
Discount stores
Wholesale
Utilities
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JeepersMedia
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