Research Penetration pricing methods ensuring that you have correctly identified the meaning of these terms. Then, you are to find one example of these methods within the Australian market. You are to show graphic examples of advertising or other material (this may include photographs and 'screen shots' of websites and/or advertising) to demonstrate these pricing mechanisms in practice.To analyse how this type of pricing may affect consumers in the short-term and the long term. (For example, does the pricing of products you identify benefit consumers and market at all times or disadvantage in some instances but offer overall advantages in the long term?)The examples given should include a summary of the item, the level of competitiveness of the market for that item and how that pricing method effects a) the consumer and b) the business offering the product.Referencing: 
Referencing is required. Ensure that you fully reference ALL material that is directly copied and enclose direct quotations appropriately with full references. Also ensure you have referenced and cited all ideas, words or other intellectual property from other sources used in the completion of your assignment. 
Please see the Library for assistance if you are unfamiliar with the correct procedure for Academic Referencing. 
Please note that WIKIPEDIA is NOT an acceptable reference source other than for very superficial checking and should NOT be used as a primary resource as there are no controlled peer review of the content on this or similar 'Wiki' sites. 700 words