Which of the following is typically related to pricing new products?
A)Reference pricing
B)Price comparing
C)Odd pricing
D)Penetration pricing
E)Price discounting

Name: Which of the following is typically related to pricing new products? A)Reference pricing B)Price comparing C)Odd pricing D)Penetration pricing E)Price discounting
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Penetration pricing is a strategy used to price new products, where the price is set low to attract customers and gain market share quickly.

Which of the Following Is Typically Related to Pricing New