Business, Legal & Accounting Glossary
A price or purchase terms for a product or service established by a manufacturer or distributor with the intention of attracting a larger number of buyers than the competition. Pricing strategies may include price undercuts, buyer incentives, additional product features, and favorable financing terms.
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Definitions for Competitive Price are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.