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Competitive PricingKnowledge Center |
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What is Competitive Pricing? Meaning.Competitive Pricing is a defensive and competitor-related approach to pricing. It is a marketing-oriented strategy whereby prices are set on the basis of the prices charged by competitors.
Compare with: Target Pricing | Penetration Pricing | Cost-plus Pricing | Standard Cost Pricing | Marginal Cost Pricing | Price Skimming | Perceived Value Pricing | Psychological Pricing | Promotional Pricing | Discount Pricing | Competitive Position | Competitive Environment | Competitive Intelligence |
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