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Launch a product and decide its pricing strategy. Would you go for: Cost Based Pricing - Competitor pricing Penetration Pricing - Skimming Pricing Consider whether
Launch a product and decide its pricing strategy. Would you go for: Cost Based Pricing - Competitor pricing Penetration Pricing - Skimming Pricing Consider whether it is - an elastic or inelastic product - what the competitors are charging for it - price floor and ceiling (cost and customers perceptions)
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