Question: q , involves setting the highest initial price that customers really desiring the product are willing to pay when introducing a new product or 'layer

q,
involves setting the highest initial price that customers really desiring the product are willing to pay when introducing a new product or 'layer by layer pricing".
Prestige pricing
Penetration pricing
Target pricing
Skimming pricing
 q, involves setting the highest initial price that customers really desiring

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!