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3 years ago

Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices

Business

1 answer:

Dominik [7]3 years ago

5 0

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

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Answer:

Instructions are listed below

Explanation:

Giving the following information:

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