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Which one of these companies would be an example of using the price skimming strategy?McDonald’sAppleWalmartChick-fil-A

Question

Which one of these companies would be an example of using the price skimming strategy?McDonald’sAppleWalmartChick-fil-A
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Solution 1

Apple would be an example of using the price skimming strategy.

Here's why:

  1. Price skimming is a pricing strategy where a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time.

  2. Apple is known for setting relatively high prices for Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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