What does loss leader mean?
Definitions for loss leader
loss lead·er
This dictionary definitions page includes all the possible meanings, example usage and translations of the word loss leader.
Princeton's WordNet
drawing card, loss leader, leadernoun
a featured article of merchandise sold at a loss in order to draw customers
Wiktionary
loss leadernoun
An item that is sold at or below cost in an effort to stimulate other profitable sales.
ChatGPT
loss leader
A loss leader is a marketing strategy where a product is sold at a price below its market cost to stimulate other sales of more profitable goods. It's essentially a tool used to draw customers into a store, with the expectation that they will make additional purchases, offsetting the loss on the discounted item.
Wikidata
Loss leader
A loss leader, or simply a leader, is a product sold at a low price, at or below its market cost to stimulate other sales of more profitable goods or services. Using a loss leader, often a very popular good or service, is a type of sales promotion—a marketing strategy that focuses on pricing strategy. Sometimes "leader" is used as a related term and can mean any popular article, i.e., one sold at a normal price.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of loss leader in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of loss leader in Pythagorean Numerology is: 2
Examples of loss leader in a Sentence
They’ve got some of the top filmmakers in the world, they’ve got some of the biggest stars in the world who worked for years in some cases on these projects very close to their hearts that are meant to be big-screen experiences, and now they’re being used as a loss-leader for the streaming service - for the fledgling streaming service - without any consultation.
Translations for loss leader
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"loss leader." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/loss+leader>.
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