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Price skimming

Price skimming consist of setting a high price during the introductory (launch) of a new and original product, such as new electronic products. It is often used to target the market segment known as early adopters, who are more interested in the uniqueness, quality and prestige of owning a new and original product (rather than the high price). Firms also charge a high price in order to recuperate their high costs of...

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