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Price is not often the decision! Customers rarely make decisions based only the price but on the precieved value. If the goods or service is poor or inaproppriate the apparent reason stated maybe price but there is often no value attached to the goods by the customer.
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∙ 13y ago
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How does pricing affect marketing?
It does not affect pricing, it is a component of marketing mix.
Customer segmented pricing?
Businesses segment their pricing to appeal to different customers. Managers recognize that some customers are willing to pay more for quality than others.
Difference between skimming pricing and penetration pricing?
skimming pricing is for new or innovative product, the price at the begining is high and customers are not price sensitive. penetration pricing set a low price at the begining to gain a mass market, and the price will rise later. The customers are price sensitive.
Factors affecting pricing decision?
There are various factors that affect the pricing decisions of a company. Customer, competition, economical factor's such as weak buying power or recission and the host govt laws. Besides these factors internal factors of companies are also affectimg the priciog decision.
Types of pricing?
There are various pricing options available including retail, promotional and discount pricing. Businesses use various strategies to attract customers on a regular basis.
What are Pricing Decisions Policies and Practices?
what is pricing decisions policies and practices
What factors usually affect pricing?
What factors usually affect pricing?
How does pricing affect marketing?
It does not affect pricing, it is a component of marketing mix.
List and discuss the factors outside the company that will affect the pricing decisions of an existing independent mobile telephone service provider in the Australian market?
list two factors that affect the price of a good or service
Customer segmented pricing?
Businesses segment their pricing to appeal to different customers. Managers recognize that some customers are willing to pay more for quality than others.
Why is it important that decision makers in a corporation know the cost function for producing the companies' products?
Decision makers should know a product's cost function if their decisions affect the amount of product produced. To know the cost impact of their decisions, decision makers apply the cost function to each possible volume of production. This is important in many decisions, such as pricing decisions, promotion and advertising decisions, sales staff deployment decisions, and many more decisions that affect the volume of product that the company produces.
Difference between skimming pricing and penetration pricing?
skimming pricing is for new or innovative product, the price at the begining is high and customers are not price sensitive. penetration pricing set a low price at the begining to gain a mass market, and the price will rise later. The customers are price sensitive.
Factors affecting pricing decision?
There are various factors that affect the pricing decisions of a company. Customer, competition, economical factor's such as weak buying power or recission and the host govt laws. Besides these factors internal factors of companies are also affectimg the priciog decision.
Types of pricing?
There are various pricing options available including retail, promotional and discount pricing. Businesses use various strategies to attract customers on a regular basis.
What is external factors affecting pricing?
Mostly competitor external prices affect pricing.
Should surplus capacity be considered for short term pricing decisions?
yes
What has the author Tony Cram written?
Tony Cram has written: 'Customers That Count' 'Smarter pricing' -- subject(s): Management, Marketing, Pricing
