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Downward pricing refers to the reduction of price in a given socioeconomic or hierarchy scale. It may also be described as the reduction of price from a higher or top condition to a lower condition.

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What is penetration pricing strategy?

Penetration pricing strategy is an approach in business many companies use when they want to gain more customers in a particular market. Typically, businesses will reduce their prices in order to attract more customers.


What is a downward rapid movement of rocks resulting in mass wasting?

Rockstall


What is pricing?

the price of something is the cost of it. i hate expensive prices. dont you?


Difference and similarities between penetration pricing and predatory pricing?

Similarity is that both tend to push the price levels `lower' Difference is in the `objective' or `orientation' or `thought' behind the pricing strategy Penetration Pricing is when the price is pegged at a rate that very price-sensitive segments find acceptable. e.g. Nokia 1100 when introduced in Indian markets. The objective is to open up newer market segments Predatory Pricing is when prices are set lower than average selling prices of industry and competitors. Objective is to put pressure on competitors and price them out of the market


What is ticket based pricing?

Ticket based Pricing: A customer's pay will be based on certain parameters such as whether the client request or 'ticket' that is raised is for a small enhancement in the software application, a big enhancement or a bug-fix.Unlike traditional Pricing model, where Customer pay's fixed amount even though the application runs stable. Ticket based pricing model gives flexibility to pay for the service which it utilizes and thus saves cost.