Lindsay believes that her customers prefer to wait until the price of a product has gone down before buying it and are not worried about being the first to have a new product or innovation. It would benefit Lindsay to use the price skimming strategy.

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The price skimming strategy involves setting a high price for a new product or innovation to attract early adopters who are willing to pay a premium price. This strategy is suitable for products with high demand, limited competition, and a high level of innovation. Since Lindsay's customers prefer to wait until the price goes down, using a price skimming strategy would not be beneficial for her business.

Lindsay Believes That Her Customers Prefer to Wait Until the Price