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  2. Price skimming - Wikipedia

    en.wikipedia.org/wiki/Price_skimming

    Skimming pricing launches the new product 16% above the market price and subsequently lowers the price relative to the market price. Penetration pricing launches the new product 18% below the market price and subsequently increases the price relative to the market price. Firms exhibit a mix of these pricing paths across their portfolios.

  3. Penetration pricing - Wikipedia

    en.wikipedia.org/wiki/Penetration_pricing

    Skimming pricing launches the new product 16% above the market price and subsequently increases the price relative to the market price. Penetration pricing launches the new product 18% below the market price and subsequently lowers the price relative to the market price. Firms exhibit a mix of these pricing paths across their portfolios.

  4. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    Contribution margin-based pricing maximizes the profit derived from an individual product, based on the difference between the product's price and variable costs (the product's contribution margin per unit), and on one's assumptions regarding the relationship between the product's price and the number of units that can be sold at that price.

  5. Pricing - Wikipedia

    en.wikipedia.org/wiki/Pricing

    Pricing is the process whereby a business sets and displays the price at which it will sell its products and services and may be part of the business's marketing plan.In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of the product.

  6. Market penetration - Wikipedia

    en.wikipedia.org/wiki/Market_penetration

    Penetration pricing is a marketing technique which is used to gain market share by selling a new product for a price that is significantly lower than its competitors. The company begins to raise the price of the product once it has achieved a large customer base and market share.

  7. Behind the Spritz: What Really Goes Into a Bottle of $100 Perfume

    www.aol.com/news/2012-05-22-celebrity-perfume...

    The ex-retail CEO offered DailyFinance a rare glimpse into the breakdown of the costs built into department store prestige fragrances, using an average $100, 3.5 ounce bottle of a "celebrity ...

  8. Predatory pricing - Wikipedia

    en.wikipedia.org/wiki/Predatory_pricing

    Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]

  9. Price discrimination - Wikipedia

    en.wikipedia.org/wiki/Price_discrimination

    "Group pricing" (or "third-degree" price differentiation) – dividing the market into segments and charging a different price to each segment (but the same price to each member of that segment). [ 13 ] [ 19 ] This is essentially a heuristic approximation that simplifies the problem in face of the difficulties with personalized pricing .