Competition among firms by reducing price, as opposed to by changing characteristics of the product.
Related information about price competition:
- Non-price competition - Wikipedia, the free encyclopedia
TIERRA !Non-price competition is a marketing strategy "in which one firm tries to distinguish its product or service from competing products on the basis of ...
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Noun, 1. price competition - intense competition in which competitors cut retail prices to gain business. price war · competition - a business relation in which two ...
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Dec 21, 2011 ... If price competition is the only way to keep your sales, then it is time to take a hard look at your brand and really think about what your ...
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Definition of non-price competition: Market situation in which competitors would not lower prices for fear of a price war. Instead they focus on extensive ...
- price competition: Definition from Answers.com
price competition Marketing approach whereby products are differentiated according to how much they cost, and companies seek to attract customers solely .
- Matching and Price Competition - Stanford University
Matching and Price Competition. By JEREMY BULOW AND JONATHAN LEVIN*. We develop a model in which firms set impersonal salary levels before ...
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The United States and other nations rely on consumer choice and price competition among competing health plans to allocate resources in the health sector.
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