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प्रश्न
Which pricing strategy will be used to launch a high end auto motors?
पर्याय
Parity Pricing
Skimming Pricing
Cost Plus pricing
Penetrating pricing
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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.
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संबंधित प्रश्न
State any two advantages of cost-plus pricing strategy.
Explain the below mentioned pricing strategy:
Penetrating pricing strategy
Markup pricing is also called as ______.
______ price refers to the high initial price charged when a new product is introduced in the market.
Under this Pricing Strategy, a business firm adjusts its own price policy in accordance with general pricing structure in the industry.
The pricing strategy involves charging according to what competitors are charging ______.
Mention the advantages of cost plus pricing.
Skimming pricing policy is ideal for introducing a product in the FMCG sector. Justify for or against.
What pricing strategy will be used to launch shampoo?
What are various strategies used for pricing a product?
