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प्रश्न
Which pricing strategy will be used to launch a high end auto motors?
विकल्प
Parity Pricing
Skimming Pricing
Cost Plus pricing
Penetrating pricing
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
It is also known as 'going rate pricing' or competition based pricing.
Introducing a product at low price and increasing the price once the brand succeeds is known as ______ pricing.
______ is the most common method used for pricing.
______ determines the sales volume and the profit margins.
What is Cost plus pricing policy?
State two disadvantages of Cost plus pricing policy.
What is penetrating pricing?
Discuss the pros of Penetrating Pricing Policy.
