Skim Pricing

Assigning a relatively higher price for a product or service.

Deeper Insights

Skim pricing is also known as “high-price strategy”. It enables the seller to more rapidly recover the costs of development and introduction of their products or services. This method works best with prestige products, such as designer clothing.

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Related Keywords: Prestige PricingPremium PricingRevenue OptimizationPrice Differentiation