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What new products have you bought in the past two years, priced using the penetration or skimming method? Write the product and identify the pricing
What new products have you bought in the past two years, priced using the penetration or skimming method?
Write the product and identify the pricing strategy used (e.g. penetration or skimming).
Also, discuss in detail whether the pricing strategy used is the right choice for the business to meet its pricing goals.
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