The new product pricing strategy through which the companies set lower prices to gain large market share is classified as Options: A . &nbspoptional product pricing B . &nbspskimming pricing C . &nbsppenetration pricing D . &nbspcaptive product pricing

The new product pricing strategy through which the companies set lower prices to

Question

The new product pricing strategy through which the companies set lower prices to gain large market share is classified as

Options:

A . optional product pricing

B . skimming pricing

C . penetration pricing

D . captive product pricing

Answer: Option C
Answer: (c).penetration pricing

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