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In mostly technological markets as firms set a high price during the first stage of the product life cycle is known as ?

A:- Bundle pricing ,

B:- Skimming pricing ,

C:- Psychological pricing,

D:- Economy pricing .  

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Question added by Deleted user
Date Posted: 2016/12/01
Emmanuel Wamweta
by Emmanuel Wamweta , production supervisor , Tembo Steel Rolling

Option B. Price skimming. Price skimming may not only be done at the early stages of a product development lif cycle, it can be as well done at different stages depending on the circumstances, needs & targets of a company. Thanx for the invitation

sheriff kolapo
by sheriff kolapo , PRODUCT LEAD: DATA SERVICES , Airtel - Nigeria

High price set at the first stage of product product life cycle is called  Skimming pricing

DR MD ANWAR HOSSAIN
by DR MD ANWAR HOSSAIN , Moderator , bayt.com

Thank you. I seem answer is option A.

Maher Ahmad
by Maher Ahmad , Head of Planning and Training Division , MOH

My Answer is (A).

Thank you for the invitation.

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