Skimming pricing - firm charges the highest initial price that customers will pay and then lowers it over time, cost-plus pricing - involves calculating total costs, then applying a markup percentage to those costs, Penetration pricing - A company enters the market with a lower initial price than their competitors, then raises it, Competetive pricing - setting the price based on what the competition charges. , variable pricing - where the price of a product or service fluctuates based on demand.,
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Types of pricing
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