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Markets around the world had issue absorbing the news and pricing it into assets. For a penetration technique to work the perceived value of the product needs to be larger than the price of acquiring it. Markets where a penetration pricing technique would work generally have a dominant competitor.
three. A greatest-price supplier strategy – giving clients extra value for their cash by incorporating good-to-glorious product attributes at a decrease price than rivals; the target is to have the lowest (best) costs and costs compared to rivals providing merchandise with comparable attributes.
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