What does penetration pricing mean?

Definitions for penetration pricing
pen·e·tra·tion pric·ing

Here are all the possible meanings and translations of the word penetration pricing.

Freebase

  1. Penetration pricing

    Penetration pricing is a pricing strategy where the price of a product is initially set a a price lower than the eventual market price, to attract new customers. The strategy works on the expectation that customers will switch to the new brand because of the lower price. Penetration pricing is most commonly associated with a marketing objective of increasing market share or sales volume, rather than to make profit in the short term.

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Numerology

  1. Chaldean Numerology

    The numerical value of penetration pricing in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of penetration pricing in Pythagorean Numerology is: 6

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  1. penetration pricing


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