Because introducing a new product is expensive, a marketing manager may try to ---- the market—that is, charge a relatively high price to help pay for the introductory costs.

1 answer

Because introducing a new product is expensive, a marketing manager may try to "skim" the market—that is, charge a relatively high price to help pay for the introductory costs.

Similar Questions
    1. answers icon 1 answer
  1. 5. Marketing plan for thread lifestyle clothing business The 4Ps of marketing to be addressed. Location and market
    1. answers icon 1 answer
    1. answers icon 1 answer
  2. which marketing position is responsible for multiple brands?brand manager product manager category manager
    1. answers icon 1 answer
more similar questions