loss leader (Meaning)
Wordnet
loss leader (n)
a featured article of merchandise sold at a loss in order to draw customers
Synonyms & Antonyms of loss leader
No Synonyms and anytonyms found
loss leader Sentence Examples
- The store used a loss leader strategy to attract customers with an irresistible price on a popular item.
- The retailer offered a DVD player as a loss leader to increase foot traffic and stimulate sales.
- The loss leader item was priced below cost to generate interest and encourage bulk purchases.
- Retailers often use loss leaders to clear out excess inventory or promote new products.
- The loss leader technique is effective at capturing attention and driving demand.
- Consumers are drawn to loss leaders because they perceive them as exceptional bargains.
- Some retailers use loss leaders as a bait-and-switch tactic, attracting customers with a tempting offer and then pressuring them to buy higher-priced items.
- The loss leader can be a competitive advantage, enabling businesses to gain market share and establish brand loyalty.
- Regulators may intervene if loss leaders are used to deceive consumers or undermine competition.
- Loss leaders can be a risky strategy, as they may result in financial losses if not executed properly.
FAQs About the word loss leader
a featured article of merchandise sold at a loss in order to draw customers
No synonyms found.
No antonyms found.
The store used a loss leader strategy to attract customers with an irresistible price on a popular item.
The retailer offered a DVD player as a loss leader to increase foot traffic and stimulate sales.
The loss leader item was priced below cost to generate interest and encourage bulk purchases.
Retailers often use loss leaders to clear out excess inventory or promote new products.
