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Meaning of skimming pricing

 

 

 

Skimming pricing

 

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Business glossary

 

Meaning of term 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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Skimming pricing

 

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Meaning of term skimming pricing

 

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