well, when the customer relate pricing to quality to get the price less than other competetors.
Disadvantage of Customer-Driven Pricing
Businesses segment their pricing to appeal to different customers. Managers recognize that some customers are willing to pay more for quality than others.
Customer invoices relate to the business as Recievables or income
Salesmen know how to identify and relate to the customer. It is all about trying to make the customer comfortable. A good quality of a salesman is that they know how to best appeal to what the customer wants or needs through understanding their body language.
if a customer complanied about an assocaiate in your store pricing or a policy what would you do
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.
The customer's willingness to pay
Pricing is based on direct labor and overhead. Materials does not affect pricing. Example: Your customer provides materials used in production.
Valarie A Zeithaml has written: 'A conceptual framework for understanding e-service quality' -- subject(s): Management, Electronic commerce, Customer services, Customer relations 'Defining and relating price, perceived quality, and perceived value' -- subject(s): Marketing research, Pricing, Consumers, Research
Our Mission at Denny's is to establish beneficial business relationships with diverse suppliers who share our commitment to customer service, quality and competitive pricing.
if a customer complanied about an assocaiate in your store pricing or a policy what would you do
Describe a situation in which you have improved the quality of customer service at your business? quality customer service and cost challenges