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Businesses segment their pricing to appeal to different customers. Managers recognize that some customers are willing to pay more for quality than others.
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∙ 9y ago
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What is the Disadvantages of customer based pricing?
Disadvantage of Customer-Driven Pricing
Compare and contrast cost based pricing value based pricing and competitor based pricing?
Value based pricing is based on percieved value of goods and services in view of customer. A marketer look at the price being offered to customer that how a customer is percieving the value of goods or services. It is price where all cost of product has been accounted and a fair judgment about percieved value for customer in market.
What is deceptive pricing?
The pricing of goods and services in such a way as to cause a customer to be misled is referred to as Deceptive Pricing. Examples of deceptive pricing are Savings claims, price comparisons, "special" sales, "two-for-one" sales, "factory" prices, or "wholesale" prices.
What is the purpose of cost based pricing?
The main purpose; in my opinion; is to have reasonable pricing for any good that is convenient to the customer and in the mean time assuring a reasonable net profit to the dealer.
What is the main advantage of establishing per-item prices on an order and pricing form?
The main advantage of establishing per item prices on an order and pricing form is for the customer can tailor to their budget.
What is segmented pricing?
Segmented pricing is when two prices are set for one product without a difference in production or distribution costs.
What is the Disadvantages of customer based pricing?
Disadvantage of Customer-Driven Pricing
Segmented pricing?
Segmented pricing is a marketing strategy of a company that creates different prices for a product or service even if the production cost is all the same. This is being done usually for products that are being offered internationally.
How customer relate pricing to quality?
well, when the customer relate pricing to quality to get the price less than other competetors.
How do you answer 'What is good customer?
if a customer complanied about an assocaiate in your store pricing or a policy what would you do
Compare and contrast cost based pricing value based pricing and competitor based pricing?
Value based pricing is based on percieved value of goods and services in view of customer. A marketer look at the price being offered to customer that how a customer is percieving the value of goods or services. It is price where all cost of product has been accounted and a fair judgment about percieved value for customer in market.
Which elements of pricing can be standardized?
The customer's willingness to pay
What is conversion cost pricing?
Pricing is based on direct labor and overhead. Materials does not affect pricing. Example: Your customer provides materials used in production.
How do you answer what is good?
if a customer complanied about an assocaiate in your store pricing or a policy what would you do
What is deceptive pricing?
The pricing of goods and services in such a way as to cause a customer to be misled is referred to as Deceptive Pricing. Examples of deceptive pricing are Savings claims, price comparisons, "special" sales, "two-for-one" sales, "factory" prices, or "wholesale" prices.
How do you price product?
pricing a product depends upon the following factors which are1-product quality2-product features3-Product performance4-cost of production5-customer based pricing
What is the purpose of cost based pricing?
The main purpose; in my opinion; is to have reasonable pricing for any good that is convenient to the customer and in the mean time assuring a reasonable net profit to the dealer.
