price skimming

noun

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.

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Meanings

nounprice skimming (uncountable)
  1. uncountablebusinessA 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

French écrémage
  • écrémageprice-setting strategy
German Abschöpfungsstrategie, Skimming-Strategie
  • Abschöpfungsstrategieprice-setting strategy
  • Skimming-Strategieprice-setting strategy
Cite this entry
APA

price skimming. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/price%20skimming

MLA

“price skimming.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/price%20skimming. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “price skimming,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/price%20skimming.

Source: price skimming on Wiktionary, CC BY-SA 4.0.