Examlex
You do NOT need to delete unwanted sample data from the worksheet because it does not display in the chart.
Loss-leader Pricing
A strategy where a product is sold at a loss to attract customers in hopes they will make additional purchases.
Below-market Pricing
Below-market pricing is a strategy where goods or services are sold at a price lower than the prevailing market rate to attract customers and increase market share.
Magnet Pricing
A strategy used by retailers to attract customers by advertising very low prices on a few items with the expectation that once customers are in the store, they will purchase additional items.
Price War
Successive price cutting by competitors to increase or maintain their unit sales or market share.
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