Skimming pricing is considered to be a ________ approach to pricing.
A) demand-oriented
B) cost-oriented
C) profit-oriented
D) competition-oriented
E) service-oriented

Question

Quizplus · Accepted Answer

Skimming pricing is a demand-oriented approach where a high initial price is set to target consumers willing to pay more, gradually lowering the price to attract more price-sensitive customers.

Skimming Pricing Is Considered to Be a ________ Approach to Pricing