term1 Definition1term2 Definition2term3 Definition3
Please sign in to your Google account to access your documents:
Pricing Strategies : Price Skimming
Goal - skim highest profit from top of each sale
Result - higher profit per unit sold, fewer transactions likely
Pricing Strategies : Price Penetration
Goal - Offer the product at lowest price possible to still make a profit
Result - Higher sales volume & growth, lower profit per transaction
Hybrid Pricing Strategies
Lump sum fee based on number of users within an organization
Each organization must decide what strategy works best for them
Need help typing ? See our FAQ (opens in new window)
Please sign in to create this set. We'll bring you back here when you are done.
Discard Changes Sign in
Please sign in to add to folders.
Sign in
Don't have an account? Sign Up »
You have created 2 folders. Please upgrade to Cram Premium to create hundreds of folders!