Skimming pricing is typically used when the company introducing the new product anticipates other competitors will enter the market quickly.

Name: Skimming pricing is typically used when the company introducing the new product anticipates other competitors will enter the market quickly.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Skimming pricing is used when a company wants to maximize profits from early adopters before competitors enter the market, not because they anticipate quick competition.

Skimming Pricing Is Typically Used When the Company Introducing the New