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Underselling Meaning in Urdu
Underselling
Meanings
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Underselling Meaning In Urdu with Detail
Predatory pricing, also known as undercutting, is a pricing strategy in which a company prices a product or service artificially low to gain new customers (loss leads), drive competitors out of the market, or create barriers to entry for new potential competitors. If current or potential competitors cannot maintain equal or lower prices without losing money, they get out of the market or choose not to enter the market. The so-called predatory merchant then theoretically has fewer competitors or even is a de facto monopoly.