Loss Leader Strategy

Loss Leader Strategy,

What is Loss Leader Strategy?

  1. Loss Leader Strategy definition is: The offer strategy is to sell a product or service at a fixed price but to attract new customers or to sell additional products and services to those customers. Early losses are common when companies are entering the market for the first time. Leading products lead new customers to a service or product with the hope of building a customer base and securing recurring revenue in the future.

    • Strategies to lower the price of a product at your own expense in order to attract customers or sell a more expensive product.
    • Taking advantage is a controversial strategy that is considered predatory.
    • When trying to enter a new market to gain market share, some companies use a loss expectation strategy.
    • Large companies cannot charge a price for a product because they have other products that they can sell at a profit to cover losses.
    • The initial strategy can be detrimental to small businesses and suppliers, who may be forced to lower their prices so that the company can continue with a loss-making strategy.

Literal Meanings of Loss Leader Strategy

Loss:

Meanings of Loss:
  1. The fact or action of losing someone else.

Sentences of Loss
  1. Avoid wasting time

Synonyms of Loss

dropping, mislaying, misplacement, forgetting, overlooking

Leader:

Meanings of Leader:
  1. The person who directs or directs a group, organization or country.

  2. The main character of the musical group.

  3. An editorial or prominent article in a newspaper.

  4. A small piece of inert material at each end of a roll of film or tape to attach to the rail.

  5. Plant growth on stems or important branches.

  6. A series of dots or lines on a page are used to guide a view, especially a table.

Sentences of Leader
  1. Protest group leaders

  2. The band leader stopped playing music and announced that President Kennedy had been shot in Dallas.

  3. Newspapers have editorials or editorials or whatever, but not poetry.

  4. Then choose which of the new images will be the main image or main image.

Synonyms of Leader

head, chief, principal, boss

Strategy:

Meanings of Strategy:
  1. An action plan or policy to achieve a larger or more common goal.

Sentences of Strategy
  1. Now is the time to develop an integrated economic strategy.

Synonyms of Strategy

scheme, policy, schedule, plan of action, programme, plan, master plan, approach, game plan, grand design, proposed action, procedure, blueprint

Loss Leader Strategy,

Definition of Loss Leader Strategy:

  • Bidding strategy is to sell a product or service at an unreasonable price, but sell it to attract new customers or to sell additional products and services to those customers. Early losses are common when companies are entering the market for the first time. The first product offers new customers with a service or tool to build a customer base and generate recurring revenue.

    • As a result of bidding strategy, a product has to be less than its auction price in order to attract customers or sell another expensive product.
    • Taking advantage is a controversial strategy that is seen as a predator.
    • Some companies use loss-expecting strategies as they enter new markets to gain market share.
    • Larger companies are able to produce without loss because they have other products that they can sell at a profit to cover losses.
    • Initial strategies can be detrimental to both small businesses and suppliers, so they may be forced to reduce their operating costs so that the company can continue with a loss-making strategy.

Literal Meanings of Loss Leader Strategy

Loss:

Meanings of Loss:
  1. The fact or action of losing something or someone.

Synonyms of Loss

dissipation, erosion, forfeiture, diminution, privation, deprivation, impoverishment, waste, losing, reduction, squandering, disappearance, depletion

Leader:

Meanings of Leader:
  1. A person who leads or does a group, organization or country.

  2. The lead actor of the musical group.

  3. A prominent article in the newspaper

  4. Short strips of inert material at each end of the film or tape roll to attach to the rail.

  5. Plant shoots or shoots on the main branch.

  6. A series of dots or lines on a page to guide the view, especially in tabular documents.

Synonyms of Leader

headman, lord and master, gaffer, captain, top dog, guv'nor, queen, mentor, princess, guru, authority, bigwig, number one, superintendent, commander, overseer, skipper, supervisor, mover and shaker, figurehead, chairperson, tsar, president, elder, administrator, numero uno

Strategy:

Meanings of Strategy:
  1. Action plans designed to meet general or long-term goals.

  2. The art of planning and directing general military operations and movements in war or combat.

Sentences of Strategy
  1. It is time to develop an integrated economic strategy.

  2. He is a genius in military strategy.

Synonyms of Strategy

generalship, tactics, military tactics, the art of war, set of tactics, military science