Price Skimming: Definition, Advantages, Disadvantages, Real-life Cases

Price skimming is a type of price discrimination. It’s considered a way to target people from different income levels and willingness to pay. Not all products are suited for this strategy, so read carefully before testing it out. What is e-commerce price skimming? In its simplest terms, it is setting a high price initially when … Continue reading Price Skimming: Definition, Advantages, Disadvantages, Real-life Cases