product life cycle pricing

Definition

Adjusting the price that a business charges for a good based on its position in the product life cycle.

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The product life cycle pricing was a really interesting thing for me to watch out for and I was very glad.

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You should try and figure out a way to make product life cycle pricing earn you as much profit as possible.

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The product life cycle pricing was a necessary move for us to make as we were certain about the life of the product in the market.

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