What is another name for predatory pricing?

Predatory pricing (also referred to as 'exclusionary pricing') refers to a dominant firm setting bvelow-cost prices that are unsustainable to compete with for non-dominant firms—leading them to exit the market.

What is another word for predatory pricing?

Predatory pricing, also known as price slashing, is a commercial pricing strategy which involves reducing the retail prices to a level lower than competitors to eliminate competition.

What do you mean by predatory pricing?

Predatory pricing is the practice of setting prices for goods or services at a level that is below the cost of production, with the intention of driving competitors out of the market. Once the competition is eliminated, the predator can then raise prices to a more profitable level.

What is another name for an aggressive pricing strategy?

Penetration pricing strategy, also known as an aggressive pricing strategy, is where price points are set deliberately low.

What is another term for competitive pricing?

Known synonymously as competition-based pricing, competitive pricing and benchmark pricing, this strategy is founded entirely on external market forces, unlike other pricing methods that center on internal business factors or customer perception.

ArcelorMittal refutes claims of anti-competitive behaviour

What can I say instead of "competitive"?

The top 10 positive & impactful synonyms for “competitive” are ambitious, driven, dynamic, enterprising, high-achieving, innovative, proactive, resilient, strategic, and vigorous.

What's another word for dynamic pricing?

Dynamic pricing, also referred to as surge pricing, demand pricing, time-based pricing and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands.

What are the three different pricing strategies?

What is a synonym for aggressively competitive?

aggressive, ambitious, competing, cutthroat, vying.

What is the difference between predatory pricing and aggressive pricing?

Such actions may be termed aggressive if they are motivated by the desire to force rivals to react by taking actions that significantly impair the rivals' performance or competitive viability. When these actions lead to a reduction in competition and undermine consumer welfare, they may be considered predatory.

What is an example of predatory pricing?

Amazon offers one well-known example of predatory pricing. For a long time, Amazon sold printed books and eBooks at prices significantly lower than those offered by competitors, such as traditional brick-and-mortar bookstores.

What is skimming pricing?

Price skimming, also known as skim pricing, is a pricing strategy in which a firm charges a high initial price and then gradually lowers the price to attract more price-sensitive customers.

What is psychological pricing?

Psychological pricing is a pricing strategy that involves setting prices for products or services based on psychological effects and perceptions rather than logical or rational factors. The goal is to influence customers' buying habits to increase the sales volume or dollar value.

What is it called when a company has too much power?

Monopolization Defined | Federal Trade Commission.

What is another name for psychological pricing?

Psychological pricing (also price ending or charm pricing) is a pricing and marketing strategy based on the theory that certain prices have a psychological impact.

What is the word for unfair prices?

Price gouging occurs when companies raise prices to unfair levels.

What is another name for competitive pricing?

Synonyms of competitive pricing are: competition-based pricing. competitor-based pricing. competition-oriented pricing.

What is a good synonym for dynamic?

What is dynamic pricing in layman's terms?

Dynamic pricing is a pricing strategy in which the price of a product or service fluctuates based on real-time market conditions. While traditionally tied to shifts in supply and demand, dynamic pricing today is also influenced by factors such as inventory levels and competitor pricing.

What is a synonym for the word competitive in business?

Having or displaying a strong desire to be more successful than others. ambitious. aggressive. combative. driven.

What is a professional way to say in other words?

by way of explanation, especially, expressly, i.e., id est, in plain English, particularly, specially, specifically, strictly speaking, that is, to wit, videlicet, viz.

What is competitive pricing?

Competitive pricing is a marketing strategy whereby businesses set prices based on their competitors' prices. Also known as competitor-based pricing, this strategy can be used in online and offline markets and is often used to attract more customers and increase market share.

What is another name for charm pricing?

Odd-even pricing.

Odd pricing, also called charm pricing, is when you lower the left most number by one and compensate by increasing the right most numbers often to “. 99”. Even pricing, also called prestige pricing, is when you price using whole numbers often ending in “. 00”.

What is anchor pricing?

Price anchoring is a common retail pricing strategy where stores establish a temporary higher reference price before offering a product at a lower price that appears to be a discount. This technique influences customers' perception of value by creating a comparison point.

What is freemium pricing?

The Freemium Model is a pricing strategy where a business offers basic product features at no cost while charging a premium fee to access advanced or additional features.