Welcome to the 1520 Perfect Dictionary

Click on any title to read the full article

Price skimming
PRICE SKIMMING

Definition: The practice of selling a new product at a very high price.
______________________________________________________________________


* All six or seven elements, as applicable, should be in.


1. Purposeful and necessary for greedy seller ... good or bad product.

2. Item will be promoted, at the stated price, before being released.

3. Not practiced under a price controls regime. That is, will not be considered as unauthorized or illegal. In other words, not prohibited.

4. The marketability of the product and the sustenance of demand will be guaranteed, whatever the selling point and amount of orders placed.

5. Sellers will not be involved in price-fixing. That is, free market forces determined pricing mechanism, even if bargaining is allowed.

6. Seller achieves goal(s) - makes adequate sales; substantial profit.

7. The appropriate tax, if necessary, will be paid by the seller(s).
______________________________

See perfect MONEY-GRABBER.
_____

See perfect AFFORDABILITY (1).

1520 Products

1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way.

1520 Sex Game

1520 Puzzles

1520 Marriage Game