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Loss leaders is when you set a products price very low, the advantage of this is it will most likely attract customers who not only buy this low priced product but other products that are in the shop.

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Q: What is the advantage of loss leader?
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What is an example of a loss leader?

An example of a loss leader is a popular electronic device sold at a discounted price by a retailer to attract customers into their store. The retailer may incur a loss on the sale of the device but aims to make a profit by selling complementary accessories or other items to these customers.


Where does competitive advantage come from?

Competitive advantage can come from products, employees and operations. When a firm has a competitive advantage, they are able to operate as a leader within their industry.


How much heat loss from muscle be an advantage for to humans rather than a disadvantage?

For heat loss to be an advantage to humans rather than a disadvantage, the heat lost must be equal to that produced.


How can a loss leader be deceptive?

If they holddd my dicckkk lmaooo


What is meant by the term Loss Leader?

Loss leader pricing means when they are sold below the cost price which could encourage the customers to buy other products sold by the business


What is an advantage of continuous training?

Weight loss Better Cardio Vascular


Is 1st Advantage a reliable company to use?

First Advantage is a reputable company. First Advantage is a leader in its industry. First Advantage is worth checking out if you are in need of its services. You can contact the company if you would like to get in touch with them.


What effect does increasing economic interdependence have on the countries of the worl?

A loss of comparative advantage.......


What is the disadvantage of loss leader?

The disadvantage of Loss Leader is that if a company will lower their prices for a certain time and raise their prices again, the customers will not be comfortable with the increase in the price and so they will start buying for the competitor and not buy any more products from the shop/company/business!!! This is the best disadvantage of a Loss Leader you can get.....i am the most clever person in the world!!!!....joke


What happens Reflects a loss in performance resulting from low leader expectations?

Golem effect


How does mechanical advantage differ from ideal mechanical advantage?

Mechanical advantage is determined by physical measurement of the input and output forces and takes into account energy loss due to deflection, friction, and wear. The ideal mechanical advantage, meanwhile, is the mechanical advantage of a device with the assumption that its components do not flex, there is no friction, and there is no wear.


What defines a leader?

A leader is a person who rules or guides or inspires others. It is also a featured article of merchandise sold at a loss in order to draw customers.