How does the market skimming approach work?

answer
The correct answer is 1. In the market skimming approach, we set our initial price point and slowly lower it. By “skimming” each level of the market, we make sure we are making the highest possible profit.
Part of the course

Try it out

This question is part of our Pricing Strategy course.

00:00
00:00

Pick a plan that suits you the best!

Monthly Subscription

$12/month
(billed monthly)

Annual Subscription

$5/month 
(billed annually)

All our plans includes:

  • High quality audio lessons
  • Lesson summaries
  • Interactive questions
  • Learn & Earn
  • Flashcards
  • Lesson transcripts
  • Learning community