Loss Leader
Example
For example, a company that implements Loss Leader strategies, like The supermarket used milk as a loss leader to attract customers., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.
Definition
A product sold at a low price to stimulate other profitable sales. This term is crucial in the Loss Leader context as it helps businesses understand how to Loss Leader in their operations, making it highly relevant for industries looking to optimize Loss Leader processes.
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