Thomas has just developed a line of grills for use in tailgating.He expects the wealthy alumni to be attracted to his grills because they are of higher quality that other portable grills on the market, and they have an ingenious design.Thomas wants to gain a good portion of the market share, so he decides to use a penetration pricing strategy.What negative effect could Thomas create using the penetration pricing strategy with his product?

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The Answer of Thomas has just developed a line of grills for use in tailgating.He expects the wealthy alumni to be attracted to his grills because they are of higher quality that other portable grills on the market, and they have an ingenious design.Thomas wants to gain a good portion of the market share, so he decides to use a penetration pricing strategy.What negative effect could Thomas create using the penetration pricing strategy with his product?

Thomas Has Just Developed a Line of Grills for Use