penetration pricing
A pricing strategy where the price of a product is initially set low to rapidly reach…A pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and initiate word of mouth.
Meaning
1 senses(uncountable)A pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and initiate word of mouth.
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable