The skimming pricing strategy is most often used by not-for-profit organizations

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The skimming pricing strategy is typically used by for-profit organizations that introduce new and innovative products or services to the market. It involves setting a high price initially and gradually lowering it over time to attract more price-sensitive consumers. Non-profit organizations typically rely on other types of pricing strategies, such as cost-based or value-based pricing, to determine the cost of their products or services.

The Skimming Pricing Strategy Is Most Often Used by Not-For-Profit