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Skimming means keeping price very low. Is it co...

Skimming means keeping price very low. Is it correct?

Skimming means keeping price very low. Is it correct?

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Jeeba Mar. 16, 2018

No, under the skimming, prices of a new product are kept at a very high level. The primary focus of skimming is to take advantage of the initial interest that a new product generates amongst the buyers who are relatively price insensitive.

Skimming means keeping price very low. Is it correct?

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