Which of the following is a reason that a marketer would choose a penetration pricing strategy?

Which of the following is a reason that a marketer would choose a penetration pricing strategy?




A) to ensure the company has the ability to increase prices once demand decreases
B) to focus on the rapid achievement of profit objectives
C) to appeal to different consumer segments with different levels of price sensitivity
D) to create markets for highly technical products
E) to discourage competition from entering the market




Answer: E