Welcome to the 1520 Perfect Dictionary
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| Penetration pricing | |
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| PENETRATION PRICING Definition: (finance) When a business gives a low price to its product so the people start to buy it, often increasing it later. ______________________________________________________________________ * All six elements would be in. 1. Purposeful and necessary in the seller's opinion. 2. Initial (low) price will not be at a loss for business. 3. 'Cheapness' will be sustained for a reasonable period of time. _______ LOW ... 4. An increase will be timely and subtly effected (to emphasize). 5. Later (high) price will be affordable, especially for the regulars. 6. The sales 'gimmick' achieves objective(s) as exactly hoped for. ______________ HIGHER. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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