Find an example of a product using a price skimming strategy and a product using a penetration pricing strategy - do not use Apple as an example for this assignment. Explain the price skimming and penetration pricing strategies with examples. How were you able to determine the pricing strategies of your products? Why do you think the marketers of those products chose those strategies? What message do pricing strategies send to consumers? How does the chosen pricing strategy create value for its product?



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