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Rapid penetration strategy involves
Low price with high promotional expenditure
High price with low promotional expenditure
Low price with low promotional expenditure
This strategy involves low price with high promotional expenditure selling current products or services to the existing market in order to obtain a higher market share. This could involve persuading current customers to buy more and new customers to start buying or even converting customers from their competitors.
By: Srishti Gupta ProfileResourcesReport error
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