entrepreneurship pricing strategies

0.0(0)
studied byStudied by 0 people
0.0(0)
full-widthCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
full-widthPodcast
1
Card Sorting

1/3

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

4 Terms

1
New cards

penetration pricing

Setting a low initial price to attract customers and gain market share quickly

2
New cards

Price skimming

Setting a high initial price the lowering it over time as demand decreases

3
New cards

Prestige pricing

setting a high price to signal quality or luxury

4
New cards

competitive pricing

setting prices based on competitors prices