Pricing Crossword

Pricing strategy used to break into a new market
Penetration
1 of 13
Price skimming can be used for what type of product
Technology
2 of 13
Price skimming involves setting prices ......
High
3 of 13
Main aim for price skimming is to make large .....
Profits
4 of 13
Price skimming is used for brands with high ......
Added value
5 of 13
Low pricing strategy design to force competitors out of the market
Predator
6 of 13
£3.99 is an example of what kind of pricing?
Psychological
7 of 13
Is the price leader usually a small or large firm?
Large
8 of 13
Example of a loss leader
Bread
9 of 13
Influence on pricing decision
Competition
10 of 13
For products with elastic demand, should the firm increase or decrease price?
Decrease
11 of 13
The firm's ______________ will help determine price
Objectives
12 of 13
People who want to be first to purchase a new product are known as what
Early adopters
13 of 13

Other cards in this set

Card 2

Front

Price skimming can be used for what type of product

Back

Technology

Card 3

Front

Price skimming involves setting prices ......

Back

Preview of the front of card 3

Card 4

Front

Main aim for price skimming is to make large .....

Back

Preview of the front of card 4

Card 5

Front

Price skimming is used for brands with high ......

Back

Preview of the front of card 5
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