Marketıng Management Deneme Sınavı Sorusu #1004842
Which of the following is the definition of market-skimming pricing?
Prices are dropped to attract new buyers. |
Companies set low prices to penetrate the market. |
Less demanded products are sold together. |
Includes a fixed fee and a variable usage fee. |
Sets price steps for the products in the line |
The pricing strategies change in different stages of product life cycle. Two pricing strategies can be used in the introductory stage: market-skimming and market-penetration. Market-skimming pricing sets high prices to skim higher revenue from the market. Prices are dropped to attract new buyers after a while. In other words, prices are decreased step by step to sell the products to new consumers. In market-penetration pricing, companies set low prices to penetrate the market as much as possible.
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