What is penetration-pricing strategy?

Penetration-pricing strategy is used to build market share by obtaining profits from repeat sales. Occasionally, high sales volume allows sellers to further reduce prices.
How does a price-skimming strategy work?

How does a price-skimming strategy work?

A price-skimming strategy uses different pricing phases over time to generate profits. In the first phase, a company launches the product and targets customers who are more wi
Discuss what are Marketing Concept and Marketing Strategy?

Discuss what are Marketing Concept and Marketing Strategy?

A marketing strategy is the planning and deployment methods used to obtain customers for an organization. The marketing strategy involves segmenting and targeting which market

What is KFC's pricing strategy?

KFC pricing strategy is a market skimming , KFC globally enters the market using market skimming. Their products are priced high and target the middle to upper class people. G

What is price-skimming strategy?

price-skimming strategy uses different pricing phases over time. Initially, prices are set high to maximize profits and then gradually reduced to generate additional
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Kids prices applies to or apply to?

Kids prices apply to .... For example: Kids prices apply to children under the age of 12. The word "applies" is the present tense of the second person of the verb "to apply."

What is the pricing strategy of coco-cola?

Coca-Cola keeps in mind that price should complement demand of the  public for the product. The company should receive the maximum  amount of revenue possible for the produc