Will become a inspir... • 1m
“Loss Leader Pricing: Winning Customers by Losing Money (Strategically)” “Loss Leader Pricing.” This strategy involves selling a product or service at a price that is intentionally below cost to attract customers. The goal isn’t to profit from the initial sale, but to entice buyers into the store or ecosystem, where they are likely to purchase other, more profitable items. For example, a supermarket may sell milk or eggs at a very low price to draw in shoppers, who then end up buying additional groceries with higher margins. Tech companies use this too—game consoles are often sold at a loss, but profits come from games, accessories, or subscriptions. It’s a powerful way to increase customer traffic, build loyalty, and boost overall profitability through complementary sales.
Prev- Founder & CEO ... • 1y
Mukesh Ambani's Jio isn't streaming IPL for free, Infact Jio made more than 3,300 crores in revenue. Jio used a famous business strategy called as loss leader strategy Loss leader strategy is where a product is sold at a low price or for no pric
See MoreFounder And CEO Of F... • 8m
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today.. Shares to buy today DCM Shriram | Buy in cash at ₹1,255 | Target price: ₹1,320 | Stop loss: ₹1,210 Century Enka | Buy in cash at ₹709.4 | Target price: ₹750 | Stop
See MoreCompany owner - Kryo... • 6m
I'm passionate about creating 2D games and have always dreamed of developing gaming consoles. Although traditional 2D game consoles may seem outdated, I'm eager to innovate and create something new. Do you have any ideas on how to revolutionize the g
See MoreLearning is key to s... • 1y
Come-on guys let's learn about the PRICING today ! Price of a product is the amount which a buyer is willing to pay & seller is willing to charge/sell for the product. Price of the product may also determine the success of the product at some exten
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