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Price Leader

Marketing & Web Price InelasticityPrice Leadership

price leader
a firm whose prices set a lead for other firms in the industry to follow
price leadership ...

 


For example, a company whose goal is to be the low-price leader may have concerns if the company's marketing department wants to market a very high-end product, since this would go against the reputation and core strengths of the company.

See also: Product, Leader, Price, Market share, Objectives

Marketing & Web Price InelasticityPrice Leadership

 
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