Which pricing strategy did Celestron use when introducing their revolutionary EdgeHD optical system for advanced amateur telescopes?

The astronomy equipment market has evolved dramatically over the past decade, with manufacturers employing various pricing strategies to remain competitive while delivering cutting-edge technology to both amateur stargazers and professional astronomers. From high-end observatory-grade telescopes to consumer-friendly apps for night sky viewing, pricing approaches reflect both technological innovation and market positioning. Test your knowledge about how astronomy product companies price their offerings in this expanding universe of options!

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Value-based pricing, charging premium prices justified by the optical system's superior edge-to-edge sharpness compared to traditional Schmidt-Cassegrain designs
Penetration pricing, deliberately undercutting competitors to gain rapid market share despite the new technology's higher production costs
Skimming strategy, initially pricing extremely high before gradually reducing prices as competing optical systems entered the market
Cost-plus pricing, simply adding a standard markup percentage to the manufacturing costs without accounting for the innovation's market value