Pricing Crossword 0.0 / 5 ? BusinessPricing StrategyASAQA Created by: RachelCoates16Created on: 07-12-17 15:00 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
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