Dumping Definition and Explanation PDF Download
Learn Dumping definition in marketing with explanation to study “What is Dumping”. Study dumping explanation with marketing terms to review marketing course for online MBA programs.
Dumping Definition:
Situation in which a company charges either less than its costs or less than it charges in its home market, in order to enter or win a market.
Principles of Marketing by Philip T. Kotler, Gary Armstrong
Dumping Explanation:
Dumping is a marketing term used when company exports its products at a price which is lower in international market as compared to the price in the domestic market. Dumping has certain advantage in the market which includes; it provides best market to the products which are considered less in price.
Keep Learning Marketing Explanations
What is Descriptive Research?
It is a research method which explains the characteristics of the targeted population. It usually describes the situation, rather than ...
What is Marketing Channel Design?
Advertising channels are set of commonly subordinate associations engaged with the way toward making item or administration accessible for usage. ...
What is Internet?
Web Marketing (otherwise called e-promoting, web advertising, or advanced showcasing) is a comprehensive term for showcasing items as well as ...
What is Brand Portfolio?
A group of businesses works under different brand names, brand portfolio is usually helps to encompass all those entities operates ...
What is Off-Price Retailer?
A store that sells things at lower costs than those ordinarily charged by retail organizations. Off-value stores regularly buy overloaded ...
What is Value-Delivery System?
Regardless of whether you are working in a business association or a processing plant or a R&D lab, you are ...