price skimming en · NOUN
Meanings
- (uncountable) A price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.
Translations (3)
de Skimming-Strategie (price-setting strategy) · fr écrémage (price-setting strategy) · de Abschöpfungsstrategie (price-setting strategy)