Explain the main advantage of pricing skimming strategy, Marketing Management

Assignment Help:

Explain the main advantage of pricing skimming strategy.

Pricing skimming strategy is definitely a cautious strategy that is more financial then commercial. Their main advantage is that this leaves the door open for a progressive price adjustment, based on how the market and competitions develops. Through the commercial opinion this is always easier to cut a price than to increase this.


Related Discussions:- Explain the main advantage of pricing skimming strategy

Description of algebra, In algebra, it seems appropriate that a sequence of...

In algebra, it seems appropriate that a sequence of content designed to help mother and father better comprehend Algebra's primary ideas should start with a description of Algebra

Full market coverage, Full market coverage: here a firm concentrates on se...

Full market coverage: here a firm concentrates on serving many needs of a particular customer group. Only very large firms can undertake a full market coverage strategy. Examples

Sales and Marketing, Demonstrate your understanding of the principles of ma...

Demonstrate your understanding of the principles of marketing by illustrating the motivation behind energy drink consumers.

Marketing control, Marketing control: Because many surprises occur d...

Marketing control: Because many surprises occur during the implementation of the marketing plan, the marketing department must practice constant marketing control. Marketing

Market segmentation, Market Segmentation This provides to the procedure...

Market Segmentation This provides to the procedure of breaking the mass market up into discernible subgroups, where each subgroup has obvious demographic and another identifiab

What is a behavioral measure of customer satisfaction, What is a behavioral...

What is a behavioral measure of customer satisfaction measurement? Behavioral Measures of Customer Satisfaction Measurement: This is sometimes believed that dissatisfactio

How is marketing an indispensable activity, How is marketing for any organi...

How is marketing for any organization an indispensable activity? “Marketing is an indispensable activity for any organization”. Well I am agreeing with the declaration, because

Quality assurance in packaging and manufacturing goods, how to maintain qua...

how to maintain quality assurance in management? whose procedures of manufacturing for goods in Pharmaceutical companies. please discuss in easy words?

Positioning, What necessitated the replacement of traditional advertising w...

What necessitated the replacement of traditional advertising with positioning

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd