How to pronounce “price skimming”

Meaning

• [Noun]
• (business) A price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.

Practice Nearby Words

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Similar Sounds

price cutting, presuming, pre gaming, persimmon, prisoning, pricing, priming, proclaiming, pressing on, presaging, prizewinning, primming, prize giving