price skimming

English

Noun

price skimming (uncountable)

1. (business) A price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.

Translations

price-setting strategy

• French: écrémage (fr) m
• German: Abschöpfungsstrategie f, Skimming-Strategie f