A brand new game is about to be launched. The game is unique and can only be played on the star2000 gaming console, another one of the business products. Students are entitled to a small discount.
Which THREE of the following pricing strategies could be used to price the game ?
Penetration pricing
Price skimming
Complimentary product pricing
Product line pricing
Price discrimination
Variable production cost +%
Answer given back of the question are Price skimming, complimentary, price discrimination.
I got the reason for first two options but not getting any example how price discrimination strategy can fit in this situation.
Please guide me
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Pricing
It is because students are given a discount. So there are two prices - one for students and one for non-students.
Have you watched my free lectures on pricing strategies?
Yes I have watched... It's just my mistake how I didn't Focus on the last line.. thankyou for explaining.
You are welcome :-)
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