Question

“Penetration pricing leads to setting a high initial price.” Justify the statement for or against and give a reason.

Answer 1

Against:

A distribution channel bridges the gap between the points of production and consumption, creating utilities of time, place, and possession. It depicts three sorts of flows: product flows downhill from producers to consumers, cash flows upward from consumers to producers, and marketing information flows in both directions. As a result, it serves as a link between the producer and the consumers.