Skimming pricing
Skimming pricing
Glossary of business
Definition of skimming pricing
Skimming is a pricing policy sometimes used by companies introducing a new product. A high price is set to ensure large profits are made before the competitors are able to produce a similar product. Each unit sold will therefore have a high profit margin.
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Terminology about business
Job world
Definition and meaning of skimming pricing
Meaning of skimming pricing
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