Advertisements
Advertisements
प्रश्न
Which pricing strategy will be used to launch a high end auto motors?
विकल्प
Parity Pricing
Skimming Pricing
Cost Plus Pricing
Penetrating Pricing
Advertisements
उत्तर
Skimming Pricing
Explanation:
Skimming pricing is a strategy where a high initial price is set for a new, high-end product to maximize profits from customers willing to pay a premium. This approach is often used for luxury or high-tech products, such as high-end auto motors, to recover development costs quickly and create a perception of exclusivity and superior quality.
APPEARS IN
संबंधित प्रश्न
Which pricing strategy involves charging according to their competitors?
Explain the below mentioned pricing strategy:
Skimming pricing strategy
Explain the below mentioned pricing strategy:
Penetrating pricing strategy
It is also known as ‘going rate pricing’ or competition based pricing.
______ is the most common method used for pricing.
Selling price = Total cost per unit + Desired profit per unit is the formula to fix prices under which Pricing Strategy?
______ determines the sales volume and the profit margins.
Mention the advantages of cost plus pricing.
Discuss the pros of Penetrating Pricing Policy.
"Penetrating pricing leads to setting a high initial price". Comment
