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Marketing Knowledges - Coggle Diagram
Marketing Knowledges
Pricing Strategies
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Penetration Pricing
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When market become occupied, raise the price
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Promotional
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Sell the product at a loss to encourage customers to purchase other products the business is selling
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Product Life Cycle
Stage 3:Growth
Market occupy rate keeping increasing, sales keeping increasing
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Stage 4:Maturity
Market occupy rate is maxmized, sales at the climax
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Stage 2:Introduction
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The most difficult stage of product, easy to fail
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