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Question
which pricing strategy provides vendors that sell a companys goods a discounted price? penetration competitive value - based distrubution
Brief Explanations
- Penetration pricing is about setting a low initial price to enter the market.
- Competitive pricing focuses on matching or beating competitors' prices.
- Value - based pricing is based on the perceived value to the customer.
- Distribution pricing (also known as trade discount pricing) provides vendors (who are part of the distribution channel) with a discounted price so that they can make a profit when selling the company's goods.
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