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  2. Predatory pricing - Wikipedia

    en.wikipedia.org/wiki/Predatory_pricing

    Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]

  3. Porter's generic strategies - Wikipedia

    en.wikipedia.org/wiki/Porter's_generic_strategies

    Some commentators have made a distinction between cost leadership, that is, low cost strategies, and best cost strategies. They claim that a low cost strategy is rarely able to provide a sustainable competitive advantage. In most cases firms end up in price wars. Instead, they claim a best cost strategy is preferred.

  4. Price war - Wikipedia

    en.wikipedia.org/wiki/Price_war

    The equilibrium is such that both firms adopt a low-price strategy to protect themselves. [6] Predatory pricing: One firm substantially reduces its prices for a sustained period below its own cost of supply in an attempt to reduce market competition. [9] Predatory pricing on the international market is called dumping. That is, when a foreign ...

  5. Wal-Mart: The High Cost of Low Price - Wikipedia

    en.wikipedia.org/wiki/Wal-Mart:_The_High_Cost_of...

    Wal-Mart: The High Cost of Low Price is a 2005 documentary film by director Robert Greenwald and Brave New Films about the American multinational corporation and retail conglomerate Walmart. [2] The film presents a negative picture of Walmart's business practices through interviews with former employees, small business owners, and footage of ...

  6. Cost leadership - Wikipedia

    en.wikipedia.org/wiki/Cost_leadership

    For example, US retailer Walmart has succeeded in business due to its cost leadership strategy. The company has cut down on excesses at every point of production and thus are able to provide the consumers with quality products at low prices. [4] Cost leadership is different from price leadership. A company could be the lowest cost producer yet ...

  7. Everyday low price - Wikipedia

    en.wikipedia.org/wiki/Everyday_low_price

    One 1992 study stated that 26% of American supermarket retailers pursued some form of EDLP, meaning that the other 74% promoted high-low pricing strategies. [2]A 1994 study of an 86-store supermarket grocery chain in the United States concluded that a 10% EDLP price decrease in a category increased sales volume by 3%, while a 10% high-low price increase led to a 3% sales decrease.

  8. Amazon launches Temu and Shein rival with 'crazy low' prices

    www.aol.com/news/amazon-launches-temu-shein...

    Amazon has launched a new outlet called Haul which caps the price of products on sale at $20 (£15.79), in an effort to take on low-cost retailers Temu and Shein.

  9. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    If, for example, an item has a marginal cost of $1.00 and a normal selling price is $2.00, the firm selling the item might wish to lower the price to $1.10 if demand has waned. The business would choose this approach because the incremental profit of 10 cents from the transaction is better than no sale at all.