To accomplish the goals of increasing sales,increasing store traffic,and discouraging competition,which of the following is an appropriate strategy?

Question

Quizplus · Accepted Answer

Penetration pricing involves setting a low price to attract customers and increase market share, which can increase sales, boost store traffic, and discourage competition by making it difficult for competitors to match the low prices.

To Accomplish the Goals of Increasing Sales,increasing Store Traffic,and Discouraging