Examlex
Crowdsourcing can be used to identify a problem.
Price-Based Promotions
Marketing tactics that focus on temporarily reducing the price of products or services to increase demand and sales volume.
Penetration Pricing
A pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and stimulate growth.
Price Sensitivity
The degree to which the price of a product affects consumers' buying behaviors or the demand for the product.
Substitution Risk
The potential loss or decrease in market share due to consumers opting for alternative products or services.
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