verb to sell something for a lower price than a competitor
In economics, 'undersell' can be used to describe a situation where a company sells products below cost in order to gain market share.
In the retail sector, 'undersell' is commonly used to describe pricing strategies aimed at offering products at a lower price than other retailers.
In business strategy, 'undersell' may be employed as a tactic to drive out competition or establish dominance in a market.
In the field of sales and marketing, 'undersell' refers to selling goods or services at a lower price than competitors in order to attract customers.
In the world of marketing, a writer may use the term 'undersell' to refer to downplaying the benefits or features of a product or service in order to create a sense of intrigue or exclusivity.
A psychologist may use the term 'undersell' when discussing the concept of self-deprecation or minimizing one's own achievements or abilities.
A salesperson may use the term 'undersell' to describe the act of not fully emphasizing the value or benefits of a product or service in order to make it seem more affordable or appealing.
A real estate agent may use the term 'undersell' to refer to pricing a property below its market value in order to attract more potential buyers.
An entrepreneur may use the term 'undersell' when discussing the strategy of offering a product or service at a lower price than competitors in order to gain market share.