Skimming refers to the practice of developing a product to be sold for a specific target price.

Name: Skimming refers to the practice of developing a product to be sold for a specific target price.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Skimming typically refers to a pricing strategy where a product is initially sold at a high price to target customers willing to pay a premium, before lowering the price over time. It does not specifically refer to developing a product for a target price.

Skimming Refers to the Practice of Developing a Product to Be