WebA loss leader is a product intentionally sold at a loss in order to encourage customers into a store or to a particular area of a store. A company offers discounts or temporarily sells a product below list price as a special event, sometimes even selling below cost as a loss leader . Loss leaders are goods or services offered at steep discounts ... WebA loss leader is a product intentionally sold at a loss in order to encourage customers into a store or to a particular area of a store. A company offers discounts or temporarily sells a …
Loss leader - Definition, Meaning & Synonyms Vocabulary.com
A loss leader (also leader) is a pricing strategy where a product is sold at a price below its market cost to stimulate other sales of more profitable goods or services. With this sales promotion/marketing strategy, a "leader" is any popular article, i.e., sold at a low price to attract customers. One use of a loss leader is to draw customers into a store where they are likely to buy other goods. The vendor expects that the typical customer will purchase other items at the same time as the l… WebApr 9, 2024 · leader in British English. (ˈliːdə ) noun. 1. a person who rules, guides, or inspires others; head. 2. music. a. Also called (esp US and Canadian): concertmaster. the principal first violinist of an orchestra, who plays solo parts, and acts as the conductor's deputy and spokesperson for the orchestra. language with fewest consonants
Loss Leader Pricing Law and Legal Definition USLegal, Inc.
Webloss leader. noun [ C ] MARKETING uk us. a product or service that is sold at a loss to attract customers for other products that are more expensive: Other retailers are using … Webb [singular] : a decrease in value by a specified amount. The stock market had a loss of four percent yesterday. 5. [noncount] a : the death of a relative, friend, etc. — usually + of. She mourned the loss of her parents. the loss of a dear friend to cancer. b : the experience of having someone leave — usually + of. WebDefine loss leader. loss leader synonyms, loss leader pronunciation, loss leader translation, English dictionary definition of loss leader. n. A commodity offered … henan flood