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High-Low Pricing Strategy: What It Is & How to Leverage It

Hubspot

High-Low Pricing vs. Market Penetration. Market Penetration occurs when a business deliberately lowers its prices to undercut its competitors and boost its market share. 2K Entertainment releases a new iteration of the NBA 2K franchise every year. It can eat into profits. Image Source: Nike. NBA 2K Series.

Price 61
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Everything You Need to Know About Price Skimming Strategy

Hubspot

When DVD players first hit the market in the late 90s, they could cost you up to $1,000. Unlike cable, a DVD player allows you to choose your own entertainment for the evening, and DVDs have more features and offer a better quality viewing experience than VHS tapes (remember those?). DVD players are a good example of this.

Price 39