Marketing: An Introduction (13th Edition)
Marketing: An Introduction (13th Edition)
13th Edition
ISBN: 9780134149530
Author: Gary Armstrong, Philip Kotler
Publisher: PEARSON
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Chapter 9, Problem 9.4DQ
Summary Introduction

To discuss: The two broad strategies of new product pricing and when each of the categories would be correct.

Introduction:

Product pricing strategies

The two product pricing strategies of a company are as follows:

  • “Market-skimming pricing”
  • “Market-penetration pricing”

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