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price-slashing

 

Definitions from the Web

Term: Price-slashing

Description: Price-slashing refers to the act of significantly reducing the price of a product or service. It is often employed as a marketing strategy to attract customers and increase sales. Price-slashing can be temporary or permanent, and it is commonly seen during promotional events or clearance sales.

Sample sentences:

  • During the Black Friday sale, the electronics store offered price-slashing deals on smartphones and laptops.
  • The company decided to boost its market share by price-slashing their new line of clothing items.
  • Online retailers often engage in price-slashing battles to attract customers.

Related products:

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