National 5: Business Management: describe price skimming pricing strategy

Question

describe price skimming pricing strategy

Marilyn Bob-Manuel 3ekt · Accepted Answer

setting prices very high for a new/innovative product onto the market prices will be lowered over a period of time as the product becomes less popular/out of date

National 5: Business Management

Describe price skimming pricing strategy

Setting prices very high for a new/innovative product onto the market prices will be lowered over a period of time as the product becomes less popular/out of date

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