The price of a product or service influences how consumers (i.e., potential customers) perceive it. Consumers frequently perceive higher-priced items to be higher in quality, though that's clearly not always true.
"Luxury" items tend to have a higher price-point. "Economy" items, on the other hand, are typically lower-priced items.
From a marketing perspective, pricing is a key component of brand positioning. How do you want your brand to be positioned in the marketplace versus competing products/brands?
It does not affect pricing, it is a component of marketing mix.
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When a company starts with a marketing penetration pricing strategy you assume that people want the product you are offering. Another assumptions you have is that your pricing strategy is priced better than your competition.
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marketing mix strategy for hul
Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing
sets of a price that will drive others out the marketing
product pricing
they both suck
the pricing
Robert Schindler has written: 'Pricing strategies' -- subject(s): Marketing, Pricing
The profit maximization pricing functions in the HP's marketing operations is that the same advertisement has been used over and over again.